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Desert Mountain Energy Corp V.DME

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

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

Comment by Bertie20on Jul 09, 2021 3:02pm
273 Views
Post# 33522238

RE:Consultant payoff

RE:Consultant payoff

They do throw around options like confetti. I'm assuming that the options are in lieu of payment for work undertaken during Well 4. But, as you note, it could be for bloody anything.

For what it's worth, DME are not alone in this regard. This is from Royal Heliim earlier this week:
"Royal also announces the grant of 2,850,000 incentive stock options with a strike price of $0.60." 

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