New Era Helium Inc. Announces Third Amended Equity Purchase Facility with Institutional Investor
Reuters
Jul 10, 2025
<a href="https://laohu8.com/S/NEHC">New Era Helium Inc</a>. Announces Third Amended Equity Purchase Facility with Institutional Investor
New Era Helium Inc., a Nevada-based company, has announced the entry into a Third Amended and Restated Equity Purchase Facility Agreement with an institutional investor, further amending the existing agreement. This new agreement allows more flexibility for the company by permitting the selection of an Extended Purchase Pricing Period, enabling the investor to execute sales of shares during pre-market hours. Additionally, it modifies the definition of Excluded Securities and incorporates other administrative changes. Under the previous agreement, New Era Helium issued promissory notes totaling $10 million and sold shares worth approximately $8.6 million. This updated agreement aims to enhance the company's financial strategies and operations.
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