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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 SkywalkerofLukeon Aug 11, 2022 3:08pm
156 Views
Post# 34889278

Recent News

Recent News

RHC.v RHCCF one of my top lithium picks is in the green today.


Most recent news they announced that the Climax/Nazare project has received approval from the Minister of Energy and Resources of the Government of Saskatchewan. Under the terms, RHC can receive up to $4.2M in Royalty Tax Credits.


RHC anticipates they’ll receive the first credits during the current quarter, with the remainder to come as the project continues to advance. (Proceeds received or royalties from this program will be reinvested into the continued expansion of their helium production plans)


They also recently acquired Imperial Helium which brings 2 production ready helium wells. IMO one to be watching.


https://www.newswire.ca/news-releases/royal-helium-to-receive-first-royalty-credit-from-the-government-of-saskatchewan-861113510.html

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