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).

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Post by Margin321on Apr 16, 2024 11:06am

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Post# 35991525

News flow

There will be a couple of interviews with Andrew later this week and a Q and A session on Friday. Pretty fantastic devlopment. Ready access to capital for this project with no dilution. Sets the stage for additional projects (Ogema and Forty Fort ) and they will be much better able to proceed on the growth path they have talked about, addition additional sites much like NA Helium has done with private equity.

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Nine Mile Metals completes acquisition of 3 properties