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/