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LONDON - Helium Ventures PLC (to be renamed VaultZ Capital plc) announced Thursday plans to raise a minimum of £2 million through a placing of at least 4,651,162 new ordinary shares at 43 pence per share.
The capital raising is being conducted by Global Investment Strategy UK Limited acting as bookrunner, with Cairn Financial Advisers LLP serving as AQSE Corporate Adviser.
The issue price equals the closing bid-price of 43 pence per ordinary share on June 19, 2025. The final number of placing shares will be determined at the close of the bookbuilding process, with results to be announced thereafter.
Settlement of the placing shares and admission to trading on AQSE are expected around June 26, 2025. The capital raising is not being underwritten.
Helium Ventures announced on June 18 its reclassification as an operating company with plans to build a revenue-generating business through participation in Bitcoin network infrastructure. The company initially plans to focus on acquiring exposure to Bitcoin hashrate via cloud mining.
The majority of funds raised will be used to execute the company’s Bitcoin treasury strategy. As announced on May 29, the company intends to build a strategic position in Bitcoin over multiple years with the aim of becoming a leading corporate holder of Bitcoin.
The company is also exploring the implementation of a facility to enable retail investors to participate in future equity fundraises, with a further announcement expected if such a facility is established.
The placing is subject to conditions including admission to AQSE becoming effective and the placing agreement not being terminated in accordance with its terms.
This article is based on a press release statement from Helium Ventures PLC.
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