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Blue Star Helium Issues 235 Million Shares to Strengthen Financial Position

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Blue Star Helium Issues 235 Million Shares to Strengthen Financial Position

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An announcement from Blue Star Helium ( (AU:BNL) ) is now available.

Blue Star Helium Limited announced the issuance of 235,000,000 fully paid ordinary shares without disclosure to investors under the Corporations Act. This move aligns with the company’s compliance with relevant provisions of the Corporations Act, indicating a strategic step to bolster its financial position and support its exploration activities.

More about Blue Star Helium

Blue Star Helium Ltd is an independent helium exploration company with operations and exploration in North America. The company’s strategy focuses on finding and developing new supplies of low-cost, high-grade helium.

Technical Sentiment Signal: Sell

Current Market Cap: A$23.58M

Learn more about BNL stock on TipRanks’ Stock Analysis page.

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