CAPITAL MARKETS

Helix grabs cash for high grade copper drilling

COPPER explorer Helix Resources has claimed the next six months “will not be dull” as it gets to work targeting high grade mineralisation in the Cobar region of central New South Wales following a A$4 million capital raise unveiled today.

 Helix's recent drilling has been drawing market attention

Helix's recent drilling has been drawing market attention

The raising was priced at 2.7c per new share, with the addition of the funds evidently being well received by the market given a circa 30% spike in the stock to levels well above the issue pricing. ...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.