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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 biggonadson Jul 13, 2022 12:14pm
139 Views
Post# 34821079

86.7% IHC holders voted YES to complete IHC acquisition

86.7% IHC holders voted YES to complete IHC acquisition

Overwhelming support seems to be an understatement with recent news that 86.7% of Imperial Helium shareholders voted YES to complete the acquisition transaction. With this news, RHC will acquire IHC providing existing IHC shareholders 0.614 shares of RHC for each IHC share held. This acquisition will see RHC gain IHC assets including the Steveville project - a near commercialized and proven low risk helium asset on a sizable (24,635 ha) land base. See the full announcement online -https://www.newswire.ca/news-releases/imperial-helium-corp-shareholders-approve-plan-of-arrangement-with-royal-helium-ltd--859031152.html 

 
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