Mendell Helium Raises £796,000 with Fortified Securities
- guywheatley9
- Apr 7
- 1 min read
We’re proud to announce that Fortified Securities has successfully acted as the placing agent for Mendell Helium’s latest fundraise, securing £796,000 through a mix of placing and direct subscriptions at 2 pence per share.
This funding marks a major step forward in Mendell Helium’s strategic growth—supporting its option to acquire M3 Helium Corporation, expanding its presence in the Kansas helium basin, and progressing towards production at its Rost 1-26 well.
Next Steps:
- Application for admission to AQSE Growth Market (target: 14 April 2025)
- Evaluation of a potential move to AIM (London Stock Exchange)
“We are now fully funded to bring one of the most exciting helium opportunities in the U.S. into production,” said Nick Tulloch, CEO of Mendell Helium.
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