AI assistant
HELIX RESOURCES LIMITED — Capital/Financing Update 2014
Jun 22, 2014
65059_rns_2014-06-22_2b9d5ec2-8e1b-4f26-b023-fff9b94570cd.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Helix Resources Limited Copper and Gold in Chile and Australia
==> picture [63 x 32] intentionally omitted <==
ASX Announcement
23 June 2014
SUCCESSFUL CAPITAL RAISING COMPLETED
-
Placement of 30 Million shares at $0.025 to raise $0.75M to new Sophisticated Investors
-
Funds raised to be used to advance Chile and Australian exploration assets and for working capital
-
The Company will update the market on the 2014 exploration activities plan over the coming weeks
Helix Resources Limited is pleased to announce it has successfully agreed the terms for a placement to Sophisticated and Professional investors to raise $0.75m.
A total of 30,000,000 shares in Helix Resources Limited were placed at a price of $0.025, for a total of $0.75M with no associated fees or commissions.
The funds raised will contribute toward advancing Helix’s Chile and Australia exploration assets and working capital.
Helix is issuing the shares using the Company’s available capacity under ASX Listing Rule 7.1 and 7.1A.
The Company will update the market on its specific exploration strategy and planned activities over the coming weeks.
- ENDS -
For further information:
Mick Wilson Managing Director [email protected] Ph: +61 8 9321 2644
Pasquale Rombola Chairman [email protected] Ph: +61 413 239 630
Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia Suite 7 / 29 Ord Street, West Perth WA 6005
Email: [email protected] Email: [email protected]
P: +61 8 9321 2644 F: +61 8 9321 3909 www.helix.net.au