"firm commitments to raise A$3.0 million in gross proceeds via a placement of 750,000,000 new ordinary shares to institutional and sophisticated investors"
"issue price of A$0.004 per share"
"one free option for every two shares subscribed for and issued, exercisable at A$0.01 and expiring two years from the date of issue"
"placement is said to have been strongly supported by existing sophisticated, professional and institutional shareholders"
"funds raised will enable Blue Star to advance helium development and exploration evaluation activities"
"across Las Animas County acreage, including Galactica-Pegasus and Serenity as well as the company’s continued exploration and acquisition strategy"
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(20min delay)