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Royal Helium Ltd. V.RHC

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

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Post by newinvestooron Jan 05, 2022 2:52pm
237 Views
Post# 34286313

News release Might explain the warrants

News release Might explain the warrants
SPII offers transferable royalty/production tax credits for innovative, made-in-Saskatchewan projects at a rate of 25 per cent of eligible costs, including capital and operating expenditures, up to a maximum of $5 million in credits. OGPII provides qualified Saskatchewan infrastructure projects with a 15 per cent transferable royalty credit, based on capital expenditures, up to a maximum of $75 million in credits. Under both programs, government investment follows up-front private investment.
 
https://royalheliumltd.com/news/royal-helium-reports-that-the-saskatchewan-government-launches-helium-action-plan-province-aims-to-supply-10-of-global-helium/
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