Helix: £4.5m Fundraise Propels Helix Exploration Forward
Deal News | Jun 13, 2025 | Hill Dickinson
Hill Dickinson, a prominent legal advisory firm, has advised Cairn Financial Advisers and Hannam & Partners on a £4.5 million fundraising initiative by Helix Exploration plc. The legal advisory's Equity Capital Markets team, led by partner Sam Hudson, played a crucial part in the placing and subscription transactions. The capital raised is earmarked for Helix's Rudyard project expansion, specifically in drilling and infrastructure enhancement, aligning with its strategic goals of launching helium production by late summer 2025 and ramping up operations. Sam Hudson acknowledged the success and timeliness of the fundraising process, as well as an increasing momentum in London’s capital markets for 2025.
Sectors
- Legal Advisory
- Oil & Gas Exploration and Production
- Equity Capital Markets
Geography
- London, United Kingdom – The involvement of London-based advisory and legal firms, along with the mention of London capital markets, makes London a central geographical point for this article.
Industry
- Legal Advisory – Hill Dickinson's role as the legal advisor in the fundraising transaction highlights the importance of legal services in financial market activities.
- Oil & Gas Exploration and Production – Helix Exploration operates in the field of resource extraction and production, focusing here on helium, a segment within the energy sector.
- Equity Capital Markets – The fundraising event indicates activity within equity capital markets, with Helix Exploration seeking investment to fund its helium production initiatives.
Financials
- £4.5 million – The total gross proceeds raised from the Helix Exploration fundraising through placing and subscription.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Helix Exploration plc | Target Company | Company | A company engaged in the exploration and production of resources, focused on helium in this context. |
| Hill Dickinson | Legal Advisor | Company | A law firm providing advisory services in legal matters, particularly in regards to the fundraising event. |
| Cairn Financial Advisers | Selling Company | Company | Acted as a financial advisor involved in the fundraising efforts for Helix Exploration. |
| Hannam & Partners | Bidding Company | Company | Functioned as the sole bookrunner and broker for the fundraising, managing the transaction process. |