Helix Resources Issues 45,781,183 Placement Shares Under Section 708A Notice

Aditi Sarkar

04 November 2026 03:30 PM AEDT

Helix Resources Issues 45,781,183 Placement Shares Under Section 708A Notice

Image Source: Krish Capital Pty Ltd

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Helix Resources Limited (ASX:HLX) has lodged a notice under section 708A(5)(e) of the Corporations Act 2001 confirming the issue of 45,781,183 fully paid ordinary shares on 3 November 2026, following shareholder approval of a placement on 21 October 2026.

Key Points

45,781,183 fully paid ordinary shares were issued on 3 November 2026
The shares were issued in relation to a placement approved by shareholders on 21 October 2026
The shares were issued without disclosure under Part 6D.2 of the Corporations Act 2001
The company confirmed compliance with Chapter 2M and sections 674 and 674A of the Corporations Act as at the date of the notice

Section 708A Notice Details

Helix Resources Limited filed a notice pursuant to section 708A(5)(e) of the Corporations Act 2001 on 4 November 2026. The notice confirms that the company issued the shares without disclosure under Part 6D.2 of the Corporations Act. The company also confirmed that, as at the date of the notice, there is no information required to be disclosed that qualifies as excluded information as defined under section 708A(7) of the Corporations Act, being information that investors and their professional advisers would reasonably expect to find in a disclosure document.

Shareholder-Approved Placement

According to the filing, the 45,781,183 fully paid ordinary shares issued on 3 November 2026 were directly connected to a placement that received shareholder approval on 21 October 2026. The shares are fully paid ordinary shares in the capital of Helix Resources Limited. The filing was authorised by the Board of Directors of Helix Resources Ltd. The company's board comprises Executive Chairman Mike Povey, Non-executive Director Kylie Prendergast, Executive Director Kevin Lynn, and Non-Executive Director John Keogh, with Ben Donovan serving as Company Secretary.

Corporations Act Compliance Confirmation

As part of the section 708A(5)(e) notice, Helix Resources stated that, as at the date of the notice, the company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the company, as well as sections 674 and 674A of the Corporations Act. The company is listed on the ASX under the ticker codes HLX, HLXO, and HLXOA and holds Australian Business Number 27 009 138 738. The notice was lodged with the ASX on 4 November 2026.

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