MARKETS

Jesse-2 helium well seeks significant investment

ASX-listed helium explorer Grand Gulf Energy is looking to issue 113.6 million new shares at an issue price of 2.2 cents per share, via a placement, to raise funds for its Red Helium project in southeast Utah.

Jesse-2 helium well seeks significant investment

Funds from the placement to professional and sophisticated investors will be used to accelerate production from the Jesse-2 exploration and appraisal well, should it be successful. he investment is...

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