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Royal Helium Ltd V.RHC

Alternate Symbol(s):  V.RHC.W.A | RHCCF

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company’s properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).


TSXV:RHC - Post by User

Post by yopmemama021on Aug 09, 2022 3:06pm
132 Views
Post# 34882549

RHC

RHC

today Biden signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production/ research in an effort to make the US more competitive with China's science/tech.

 

The US ’s initiative to compete with China + investment into this sector is likely to kick up demand in North American Helium, as its essential to the manufacturing of semiconductors.

 

$RHC is one the largest helium leaseholders in Canada, making them an essential part in helping the meet this increased north American demand 

 

eyes on this at these levels 

$RHC.v @$0.34, mc $70.25M 

 

https://www.reuters.com/technology/biden-sign-bill-boost-us-chips-compete-with-china-2022-08-09/

 

 

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