Helios Energy Announces $2.6 Million Entitlement Offer

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Helios Energy Announces $2.6 Million Entitlement Offer

The latest update is out from Helios Energy Ltd ( (AU:HE8) ).

Helios Energy Ltd announced a fully underwritten non-renounceable entitlement offer to raise approximately $2.6 million by issuing new shares to eligible shareholders in Australia and New Zealand. The offer is not extended to ineligible shareholders due to legal and regulatory constraints in other countries, impacting the company’s shareholder engagement strategy.

More about Helios Energy Ltd

Helios Energy Ltd is an onshore oil and gas exploration and project development company focused on the exploration and development of its Presidio Oil and Gas Project in Presidio County, Texas, USA.

Average Trading Volume: 831,616

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$29.76M

See more data about HE8 stock on TipRanks’ Stock Analysis page.

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