Helix Exploration float on AIM
April 2024
Helix Exploration is an exploration company focused on the commercial development and monetisation of a non-hydrocarbon associated helium rich gas structure in the Ingomar Dome located in central Montana.
The company was founded by industry veteran Bo Sears, an expert with 25 years of experience in helium systems across North America, and David Minchin, a geologist and CEO with a track record in natural resources and corporate finance.
Admission to Trading on AIM
On 9th April 2024, admission and dealings on AIM commenced by way of a Placing and Subscription of 75,000,000 New Shares of £0.01 at 10 pence per Ordinary Share and Vendor Sale of 10,000,000 Sale Shares of £0.01 at 10 pence per Ordinary Share.
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The Perivan shareholder communications team was delighted to work with Cairn Financial Advisers who were appointed as Nominated Adviser on the successful production and publication of the 377-page admission document. This included the provision of the Engage data room platform which was utilised for the secure proof distribution and proved to be invaluable for the seamless file sharing of the 241-page Competent Persons Report.
Perivan is the market leader for IPO admission document production and specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies, private companies, and open and closed-ended funds.