Royal Helium closes private placement generating over $5M

Royal Helium Ltd (TSX-V:RHC, OTCQB:RHCCF) has successfully closed the second and final tranche of its underwritten private placement, generating an additional $675,000. The offering involved 2,812,500 units priced at $0.24 per unit. With the completion of both tranches, the total aggregate gross proceeds for the company amount to $5.175 million. The successful closing reflects investor confidence in Royal Helium's initiatives and underscores the company's ability to secure funding for its ongoing projects.