Offering increased to $7M RHC.v RHCCF has increased the size of its bought deal public offering to $7M.
RHC will issue 26,925,000 units @ $0.26 per. The offering should close on the 13th.
Proceeds will be used on engineering and design costs for the planned Steveville plant.
With this news, RHC has taken a 10% hit, putting it at a good entry point IMO.
https://ca.finance.yahoo.com/news/royal-helium-increases-financing-7-133400701.html
RHC @ $0.275, MC $57.749M