An update from Helios Energy Ltd ( (AU:HE8) ) is now available.
Helios Energy Ltd announced a fully underwritten non-renounceable entitlement offer to raise approximately $2.6 million by issuing new shares at $0.007 each to eligible shareholders. This move is aimed at strengthening the company’s financial position and supporting its ongoing projects, particularly in the oil and gas sector, potentially enhancing its market presence and providing opportunities for stakeholders.
More about Helios Energy Ltd
Helios Energy Ltd is an onshore oil and gas exploration and project development company, primarily focused on the exploration and development of its Presidio Oil and Gas Project located in Presidio County, Texas, USA.
Average Trading Volume: 831,616
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$29.76M
Find detailed analytics on HE8 stock on TipRanks’ Stock Analysis page.