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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 StockHawk1on May 29, 2023 6:20pm
238 Views
Post# 35469350

RHC➡️New Sales Agreement for Steveville Helium Plant

RHC➡️New Sales Agreement for Steveville Helium Plant

Royal Helium (RHC.v RHCCF) is expanding its helium operation to encompass exploration as well as production and sales as it comes closer to finishing the construction of its Steveville Helium Plant.


On Friday, RHC announced that it has signed a second multi-year off-take sales agreement with a private North American corporation.


With this new sales commitment, RHC has secured sales for the entire capacity of the Steveville facility, which is set to produce refined, 99.999% helium, 


The agreed price for the helium is USD $625/mcf, net of transportation and liquefaction costs. The term of the sales agreement is 36 months, mirroring the terms and conditions of the previously announced offtake agreement. 


Full news here: https://royalheliumltd.com/news/royal-helium-signs-off-take-sales-agreement-for-the-remainder-of-stevevilles-99.999-refined-helium-production/

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