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Helios Energy (ASX: HE8) Private Placement by Gleneagle

Posted by Justin Rosenberg on 17-Dec-2018 15:08:58
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For Sophisticated (s708) Investors only

HE8 went into trading halt pre market open this morning. The capital raising is at 13.1c (12.7% discount to last trade 15c). The $6m raise has already been fully committed by strategic investors, however we expect the company to accept oversubscriptions at their discretion. We're pleased to present to you this offer. Please see the following links and information:

1. Deal Sheet

2. The Investor Presentation announced this morning.

3. Video Interview: Executive Series 29 Nov 18: Helios Energy (HE8) Managing Director Richard He

For further background, here's an article from our head of trading, Greg Tolpigin, indicating how "targets towards $1.50 are not as ridiculous as they seem"!:

GT1

GT2

GT3

GT4

Please contact us for further queries or subscribe (on the right of this page) to receive further updates.

 
Justin Rosenberg

Corporate Finance - Executive Director

Gleneagle Securities (Aust) Pty Limited

Level 27, 25 Bligh Street, Sydney NSW 2000

Ph: +612 8277 6683

Email: justin.rosenberg@gleneagle.com.au

Topics: microcap, Boardroom Presentation, Research, Tolpigin, Presentations, Mining, Announcement, HE8