Helium Sector --> $RHC to acquire $IHC One of the things that has me bullish on Royal Helium ($RHC.v) is that it is set to acquire Imperial Helium Corp. ($IHC.v)
With this $RHC will one become of the largest diversified helium companies publically listed in Canada.
As $IHC currently owns the Steveville helium discovery (Alberta) which has 2 producing wells, the acquisition also increases $RHC's near-term production assets and expected early cash flow.
$IHC shareholders will be meeting in late June officially approve or decline the proposed acquisition agreement.
If they do approve it $RHC should acquire $IHC shortly thereafter, which I think could be a catalyst for the company.
More here: https://ca.finance.yahoo.com/news/royal-helium-ltd-enters-agreement-180900476.html
$RHC @ $0.37
MC $52.815M