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 […]

Mendell Helium #MDH – Update on drilling the Rost twin well

Mendell Helium is pleased to announce the successful conclusion of drilling operations at M3 Helium Corporation’s (“M3 Helium”) new twin well to the existing Rost 1-26 well (“Rost”) in Fort Dodge, Kansas. Highlights Rost 2-26 well (“Rost Twin”) reached total depth of 5,571 feet Mass spectrometer evidences helium with low hydrocarbon signatures in several zones […]