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Bullboard - Stock Discussion Forum 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... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd > Royal Helium Signs Off Take Sales Agreement
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Post by Betteryear2 on May 26, 2023 3:38pm

Royal Helium Signs Off Take Sales Agreement

SASKATOON, SKMay 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)
Comment by hopeful88 on May 26, 2023 5:48pm
Great news for all long shareholders. The shorts are taking a beating.  How high can we go before actual production in August?
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