Royal Helium Strengthens Position with Acquisition Last week Royal Helium (RHC.v RHCCF) acquired a new project near its Steveville Helium asset in southern Alberta.
The newly acquired land has shown potential for high-flow-rate helium enriched gas in the Cambrian and Devonian horizons.
Royal plans to conduct an initial drill program in the fall/winter season of 2023.
The purchase price for the asset is $400,000, which includes a combination of cash and common shares in Royal Helium Ltd. No finders fees are payable, and the transaction does not involve non-arm's length parties.
Learn more here: https://royalheliumltd.com/news/royal-helium-acquires-additional-helium-prospect-lands-in-alberta/