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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. (First Helium) is a Canada-based helium exploration and development company with properties in Northern and Southern Alberta. The Company is focused on exploring and developing two helium projects in Alberta, Canada. The Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 60,000 acres. It holds First Helium's helium discovery well and two oil wells. The Southern Alberta Helium Fairway Project (Lethbridge) covers over 276,000 acres. Over 60% of First Helium's acreage has three-dimensional (3D) seismic coverage for identifying subsurface structures and closure necessary for trapping helium.


TSXV:HELI - Post by User

Comment by AboveBoardon Dec 10, 2022 2:05pm
81 Views
Post# 35163949

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:17,250,000 Shares @ .20 - Ask

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:17,250,000 Shares @ .20 - Ask

Wheels54 wrote: I don't care if people like me, hate me or are indifferent to me on here.

The only thing I care about is that for the invested people, at the end of the day, correct info is posted regarding the stock.

I don't like above so I blast him, I think he has alterior motives for posting his comments and probally shorts (he's never denied this but had confirmed he owns no shares)

I write facts about the company and offer my opinion on the market and potential of this company.

Nobody is happy with the SP performance over the last 6 months.

The assets, revenue and potential still remain.

You're right when I see a post stating 17 million shares up at 0.20 it's so off the wall and although nothing anyone says on here will alter the stock price, it's doesn't help and is so far out I don't know how you can even post something like that with a straight face.

I simply said whoever wrote that was out to lunch. You decided to retort. My opinion is you're still out to lunch.

how are these facts?  Are they correct?

From latest news release:
Each unit will be issued at a price of 20 cents and will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at a price of 30 cents per share for a period of 24 months from the closing date.

10 million shares at 20 cents = $2 million
From Heli fact sheet:
74.9 million shares + 6 million options + 19.2 million warrants = 100.1 million shares fully diluted.

add in current financing and warrant (if occurs as outlined) then 20 million shares + 100.1 million shares equals 120.1 million shares fully diluted?


https://www.firsthelium.com/investors/fact-sheet.html
 

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