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 yopmemama021on Oct 05, 2022 11:52am

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Post# 35006805

RHC

now increasing their recently announced financing to $7M - understandable frustration around this, market timing a little unfortunate but $RHC is well positioned to deploy this capital effectively and yield results that pay off down the road IMO