Recent News RHC.v RHCCF recently announced they took their first drawdown of $5M from its $17.5M debt facility to finance the creation of the Steveville helium plant that will be in production very soon.
Final indenture agreements have now been signed by all counter parties and the staged commitments towards the Steveville plant have begun.
The Steveville helium processing facility is now 65% complete with only minor and manageable supply chain delays. With first helium deliveries approaching IMO one to be watching.
https://royalheliumltd.com/news/royal-helium-announces-closing-of-debt-facility-and-first-drawdown-from-canadian-western-bank-and-the-business-development-bank/