Blue Star Helium (“BNL”) has secured commitments for A$4.5mm (~US$3mm) of equity via a two-tranche placement. BNL will issue 908mm shares at A$0.005/sh (the current share price as of 31st July 2025), together with 454mm unlisted options (one option for every two shares, exercisable at A$0.01 until mid-2027). Tranche 1 (673mm shares) settles on 6th August 2025 and lists on 7th August; Tranche 2 (235mm shares plus all 454mm options) will be issued after shareholder approval in September. CEO Trent ....

01 Aug 2025
Blue Star Helium: Proposed A$4.5mm placement to fully fund Galactica; Aloha Mula 12 well success and Q2’25 results released

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Blue Star Helium: Proposed A$4.5mm placement to fully fund Galactica; Aloha Mula 12 well success and Q2’25 results released
Blue Star Helium Limited (BNL:ASX) | 0 0 0.0%
- Published:
01 Aug 2025 -
Author:
Anish Kapadia -
Pages:
14 -
Blue Star Helium (“BNL”) has secured commitments for A$4.5mm (~US$3mm) of equity via a two-tranche placement. BNL will issue 908mm shares at A$0.005/sh (the current share price as of 31st July 2025), together with 454mm unlisted options (one option for every two shares, exercisable at A$0.01 until mid-2027). Tranche 1 (673mm shares) settles on 6th August 2025 and lists on 7th August; Tranche 2 (235mm shares plus all 454mm options) will be issued after shareholder approval in September. CEO Trent ....