Global Helium Corp. Announces Closing of First Tranche of Private Placement

CALGARY, Alberta, Oct. 23, 2023 (GLOBE NEWSWIRE) — Global Helium Corp. (“HECO” or the “Company”) (CSE: HECO, OTC: HECOF) is pleased to announce closing of the first tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of CAD$3,529,750 (the “Offering”). By way of the Offering, HECO issued 970,000 Series A Preferred Shares at a price of CAD$0.25 per unit (defined below) to Canadian residents and 13,162,162 Series A Preferred Shares at US$0.185 per share to US residents.

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