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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  V.RHC.W.A | V.RHC.W.B | 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 SkywalkerofLukeon Oct 17, 2022 4:17pm
107 Views
Post# 35029908

Recent News

Recent News

RHC.v RHCCF is worth watching at these levels considering some of their recent news.


Highlights include


- Awarded a construction contract to build and commission the Steveville 14-12 Helium Recovery Plant (plant will produce the highest grade 99.999% helium, food-grade carbon dioxide, high value condensate, and fuel gas to power the entire facility)

- Sampled up to 81.3 Mg/L lithium brine at Climax-2 (are continuing to expand and test the 3D coverage area)

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

- + more


Will be watching for any updates on RHC expanding and testing the 3D coverage area at Climax-2 as the results of how far the pool expands is key for RHC.


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

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