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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  DMEHF | V.DME.WT

Metals & Mining Industrial Metals & Minerals
Desert Mountain Energy Corp. is a Canada-based resource company primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its Holbrook Basin Helium Project comprises more than 1000,000 acres of key helium prospects under lease. Its West Pecos Slope Abo Gas Field and gas gathering system is located in Chaves County, New Mexico. The West Pecos Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. Its secondary focus is developing hydrogen assets located within their helium fields.


TSXV:DME - Post by User

Desert Mountain Energy Corp > DESERT MOUNTAIN ENERGY ANNOUNCES ISSUANCE OF OPTIONS
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Comment by HeliumHighon Jun 02, 2021 9:58am
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Post# 33310071

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DESERT MOUNTAIN ENERGY ANNOUNCES ISSUANCE OF OPTIONS

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DESERT MOUNTAIN ENERGY ANNOUNCES ISSUANCE OF OPTIONSIt appears the Stock Option Plan is not set at a fixed number, but rather is fixed at 10% of the number of issued and outstanding shares of stock. For example, when the warrants were exercised a short time ago, this enabled the company to issue additional options equal to 10% of those shares newly issued upon exercise of those warrants.
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