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Royal Helium Ltd. V.RHC

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

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Royal Helium Ltd.
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Post by SkywalkerofLukeon Sep 07, 2022 1:20pm
106 Views
Post# 34947222

Project Updates

Project Updates

With the helium market expected to reach $2.8B by 2026 I’m keeping an eye on RHC.v RHCCF. 


Some recent news


- Entered into a long-term agreement with a major North American space launch company for the supply of helium (deliveries will commence in 2023)

- Recently sampled up to 84.9Mg/L lithium in brine underlying the Climax helium project

- Received approval from the Minister of Energy and Resources of the Government of Saskatchewan (RHC can receive up to $4.2M in Royalty Tax Credits)

- + more


RHC also purchased IHC this past summer which brings 2 production ready helium wells.


https://royalheliumltd.com/news/2022/

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