First Helium Inc. Announces Application to Reprice Warrants

Core Viewpoint - First Helium Inc. is applying to amend the terms of 126,839,671 outstanding common share purchase warrants, specifically adjusting the exercise price to $0.05 per share [1] Group 1: Company Actions - The company is seeking to amend the exercise price of 66,173,000 warrants issued during a private placement that closed on April 4, 2024, from $0.075 to $0.05 per share [1] - The April 2024 Warrants have a validity period of 36 months, expiring on April 4, 2027 [1]