Helios Energy Ltd (AU:HE8) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Helios Energy Ltd has secured $150,000 in short-term funding to complete a resource report for its Presidio Oil and Gas Project in Texas, showcasing the potential of its Texan assets. This funding, supported by company directors and Gleneagle Securities, complements an undrawn $500,000 facility, positioning the company to achieve significant milestones. Helios’s commitment to developing the Presidio project aims to benefit shareholders and strengthen its market position.
For further insights into AU:HE8 stock, check out TipRanks’ Stock Analysis page.