Mosman Oil and Gas (GB:MSMN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Mosman Oil and Gas Limited has successfully raised £1.5 million to expand its helium portfolio and provide additional working capital, with plans to progress identified helium projects in the US and Australia, including a 20% interest in the Vecta Helium Project in Colorado. The fundraise also included a Director Subscription, which will be subject to shareholder approval. Moreover, the company has granted broker warrants and is continuing its business development activities by pursuing new opportunities in locations known for high helium concentrations.
For further insights into GB:MSMN stock, check out TipRanks’ Stock Analysis page.
