SASKATOON, SK, Dec. 2, 2024 /CNW/ - Royal Helium Ltd. (TSXV:RHC.VN) (OTC-BB:RHCCF) ("Royal" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering (the "Offering") of up to 13,520 convertible debenture units of the Company (the "Debenture Units") at a price of $1,000 per Debenture Unit (the "Issue Price"). Up to 4,500 of the Debenture Units will be issued to new investors for aggregate gross proceeds to Royal of up to $4,500,000; additionally up to 9,020 Debenture Units will be issued to Existing Debentureholders (defined below) of the Company in exchange for the forfeiture of their Existing Debentures (defined below).
Read more at newswire.caRoyal Helium Ltd. Announces Non-Brokered Private Placement of Convertible Debenture Units for Gross Proceeds of up to $4.5 Million, and Proposed Exchange of Existing Convertible Debentures
Newswire.ca - Press Release
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