First Helium Announces Private Placement Each Unit will be comprised of one common share in the capital of the Company (a "Share") and one transferrable common share purchase warrant (a "Warrant"). Each Warrant will be exercisable to acquire one Share at a price between $0.10 to $0.15 cents per Share, depending on the date of exercise, for a period of 36 months from the date of issuance, subject to an acceleration clause. The Company intends to use the net proceeds from the Private Placement Offering to fun ...