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Royal Helium Ltd V.RHC

Alternate Symbol(s):  RHCCF | V.RHC.W.A

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Royal Helium Ltd > Royal Helium Signs Off Take Sales Agreement
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Post by Betteryear2on May 26, 2023 3:38pm
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Post# 35466366

Royal Helium Signs Off Take Sales Agreement

Royal Helium Signs Off Take Sales Agreement SASKATOON, SK, May 26, 2023 /CNW/ - Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) ("Royal" or the "Company") is pleased to announce that it has signed a second, multi-year, fixed price off take sales agreement (the "Sales Agreement") with a private North American corporation. The new sales agreement is in addition to the previously announced off take (see news release of August 29, 2022) and represents the remaining capacity from Royal's Steveville Helium processing facility located near the town of Brooks in southeastern Alberta, Canada. The new offtake for refined, 99.999% helium represents approximately 50% of the Steveville capacity and is priced at USD $625/mcf, net of all transportation and liquefaction costs.

Royal Helium Signs Off Take Sales Agreement for the Remainder of Steveville's 99.999% Refined Helium Production (newswire.ca)
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