Royal Helium to list 17.25M warrants June 18
2021-06-16 14:34 ET - News Release
Mr. Andrew Davidson reports
ROYAL HELIUM ANNOUNCES NEW LISTING AND COMMENCEMENT OF TRADING OF WARRANTS
The TSX Venture Exchange has accepted for listing the 17.25 million share purchase warrants of Royal Helium Ltd. issued pursuant to the company's previously announced prospectus offering which closed on Tuesday, June 8, 2021, and includes the warrants issued on exercise of the overallotment option that occurred concurrently with the prospectus offering. The Warrants will commence trading on the TSX Venture Exchange at the opening on Friday June 18 th, 2021, under the symbol "RHC.WT".
The Warrants were issued pursuant to the Company's Prospectus Offering. Each Warrant entitles the holder to purchase one Common Share at a price of $0.75 per share and will expire on June 8, 2023. The warrants are subject to an accelerated maturity clause of 30 days if the common shares of Royal close at or above $1.25 per share for 10 consecutive business days.
Royal Helium Ltd.
Royal is focused on the exploration and development of primary helium production in southern Saskatchewan. With over 400,000 hectares of prospective helium lands held under permits, leases and applications, Royal is one of the largest helium leaseholders in North America. Located next to highways, roads, cities and importantly close to existing oil and gas infrastructure, Royal's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists and engineers.
We seek Safe Harbor.
© 2021 Canjex Publishing Ltd. All rights reserved. |
