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Royal Helium Announces $4.5 Million Private Placement

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Royal Helium Announces $4.5 Million Private Placement

Royal Helium (TSE:RHC) has released an update.

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Royal Helium Ltd. is launching a private placement of convertible debenture units to raise up to $4.5 million, offering new investors and existing debenture holders an opportunity to participate. The units include convertible debentures with a 20% interest rate and share purchase warrants, aiming to strengthen the company’s financial position.

For further insights into TSE:RHC stock, check out TipRanks’ Stock Analysis page.

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