Summary of RHC's Wednesday Press Release (annual meeting) On Wednesday, Royal Helium Ltd. (RHC.v RHCCF) shared the results of its annual meeting of shareholders.
Shareholders decided (by an overwhelming majority of votes) to:
- fix the number of directors of the Company to 7
-appoint KPMG LLP, Chartered Professional Accountants as the company's auditors
- and to approve RHC's stock option plan
RHS also announced that it has filed a prospectus with the securities regulatory authorities in all provinces (except Qubec).
This will provide for the potential offering of up to $200 M of RHC's common shares, debt securities, subscription receipts and units.
The prospectus should give RHC the flexibility to take advantage of financing opportunities when market conditions dictate.
More here:
https://ca.finance.yahoo.com/news/royal-helium-reports-annual-general-213800003.html
RHC closed up today @ $0.345, MC is $71.28M