Mendell Helium #MDH – Placing and subscription to raise £5m. Proposed completion of acquisition of M3 Helium Corp, Publication of CPR, Appointment of Joint Broker, Exercise of warrants
Mendell Helium announces that it has raised £5,000,000 before expenses by way of a placing and subscription (“Fundraise”) through the issue of 125,000,000 new ordinary shares of 1 pence each in the Company (“Ordinary Shares”) at an issue price of 4 pence per new Ordinary Share (the “Issue Price”). The Company also announces that it […]
#MDH Mendell Helium – APPROVAL OF DISPOSAL WELL AT ROST
Mendell Helium is pleased to announce the approval by the State of Kansas of M3 Helium Corporation’s (“M3 Helium”) Brobee salt water disposal well (“Brobee SWD”). This is the final regulatory step to bring M3 Helium’sRost 1-26 well (“Rost”) into production. As announced on 27 June 2024, the Company has an option (the “Option”) to acquire […]
Mendell Helium #MDH – Successful Testing of Disposal Well
Mendell Helium is pleased to announce, further to the announcement of 7 May 2025, the successful completion of operations to re-enter M3 Helium Corporation’s (“M3 Helium”) Brobee salt water disposal well (“Brobee SWD”). The Rost 1-26 well (“Rost”) recompletion project remains on schedule and within budget. As announced on 27 June 2024, the Company has an […]
Mendell Helium #MDH – Operational Developments, Rost Well and Loan Facility update
Mendell Helium is pleased to provide an operational update on M3 Helium Corporation (“M3 Helium”), along with a further update on the loan facility extended to M3 Helium previously announced on 7 April 2025. As announced on 27 June 2024, the Company has an option (the “Option”) to acquire M3 Helium, a producer of helium which […]