Helix Resources (ASX:HLX) launches $2.3M entitlement offer for Cobar Copper drilling projects
Helix Resources announced a renounceable entitlement offer to raise $2.3 million for copper drilling projects.
The funds will be used to drill six high-priority Cobar copper targets, supported by a $1.5 million underwriting from Mahe Capital.
The initiative aims to capitalise on the potential of its Cobar tenements in New South Wales through targeted drilling.
Drilling is scheduled to begin in May.
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