Royal Helium's (RHC.V RHCCF) Steveville Plant is currently under construction and the first delivery from Stevevilel to RHC's offtake partner is set for April.
The plant will produce 99.999% pure Helium as well as food-grade CO2 and natural gas which will be used to power the plantSteveville is expected to produce 22M cubic feet of He per year+ It should stay online for 9 years
To fund the plant's construction RHC borrowed $20M, a solid move IMO as it lets the company avoid further dilution
https://ca.finance.yahoo.com/news/royal-helium-signs-term-sheet-143300081.html