Mendell Helium #MDH – Placing to raise £700,000 to fund second Rost production well. Institutional support positions Mendell Helium for next stage of growth

Mendell Helium is pleased to announce that it has conditionally raised £700,000 (before expenses) by way of a placing with institutional and other investors (the “Placing”) for a total of 23,333,333 new ordinary shares of 1 pence each in the Company (“Ordinary Shares”) at a price of 3 pence per new Ordinary Share (the “Issue Price”). The Placing marks an important […]

Mendell Helium #MDH – Rost Helium Production & Nebraska Update

Mendell Helium is pleased to provide an update on forthcoming production at M3 Helium Corporation’s (“M3 Helium”) Rost 1-26 well in Fort Dodge, Kansas (“Rost”) and the Jasper well in Nebraska. Highlights Rost flow rates are currently increasing in significant increments each day as de-watering progresses Commercial production at Rost is on track to commence […]