middle.news

How Will Blue Star Helium’s A$4.5M Raise Accelerate Galactica Production?

9:24am on Thursday 31st of July, 2025 AEST Energy
Read Story

How Will Blue Star Helium’s A$4.5M Raise Accelerate Galactica Production?

9:24am on Thursday 31st of July, 2025 AEST
Key Points
  • A$4.5 million raised via placement of 908 million new shares at A$0.005 each
  • Placement includes attaching options exercisable at $0.01, expiring in two years
  • Funds earmarked for Galactica project’s plant construction, system installation, and working capital
  • Placement to be completed in two tranches, with second tranche subject to shareholder approval
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Blue Star Helium (ASX:BNL)
OPEN ARTICLE