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How Will Blue Star Helium’s A$4.5M Raise Accelerate Galactica Production?
9:24am on Thursday 31st of July, 2025 AEST
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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
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