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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 SkywalkerofLukeon Sep 14, 2022 2:04pm
150 Views
Post# 34962318

Recent News & CEO Interview

Recent News & CEO Interview

RHC.v RHCCF has had some impressive news as of late.


Highlights


- Entered into a long-term agreement with a major North American space launch company for the supply of helium (deliveries will commence in 2023)

- Recently sampled up to 84.9Mg/L lithium in brine underlying the Climax helium project

- Received approval from the Minister of Energy and Resources of the Government of Saskatchewan (RHC can receive up to $4.2M in Royalty Tax Credits)

- Purchased IHC this past summer which brings 2 production ready helium wells

- + more


Here’s a recent interview with the CEO discussing the long-term agreement with a major North American space launch company. One thing that stood out to me was the CEO discussing that the amount of helium customers in this industry require is almost limitless.


https://www.youtube.com/watch?v=HeIcBOotzi8

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