Fasken advised Strand Hanson Limited ("Strand") and Merlin Partners LLP t/a OAK Securities ("OAK") in connection with Pulsar Helium Inc.'s (the "Company") admission to trading on the AIM Market of the London Stock Exchange and an associated pre-IPO cornerstone investment of £1.125 million by OAK and placing to raise £3.875 million. Strand acts as the Company's nominated adviser and OAK is the Company's broker. The Company is a Canadian-based TSXV and OTCQB listed primary helium exploration and development company with assets in Minnesota, USA and Greenland.
Pursuant to the placing the Company raised approximately £3.875 million through the issue of 15,500,000 placing shares at a price of 0.25 pence per share, aiming to provide further funding for its drilling programme in Minnesota, USA and continuing exploration activities in Greenland.
Fasken’s team was led by Guy Winter and included Lucinda Patrick-Patel and Emily Smith.Jurisdictions
- England
- British Columbia
