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Royal Helium is a production, infrastructure, and exploration company with a primary focus on the development of helium and associated gases. The Company is currently producing purified helium at its Steveville Helium facility in Alberta and it's extensive footprint includes prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Given the current and foreseeable global undersupplied nature of this critical and non-renewable product, Royal is well positioned to be a leading North American producer of this increasingly high value commodity.

 

Bullboard - Investor Discussion Forum 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... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd. > RHC CEO on Proactive Regarding Upcoming Development Agenda
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Post by MarketMakerss on May 13, 2024 4:56pm

RHC CEO on Proactive Regarding Upcoming Development Agenda


With last weeks completion of a $6M bought deal offering to fuel expansion and well development, Royal Helium (RHC.v RHCCF) joined Proactive to discuss the company's upcoming exploration and development agenda: https://www.youtube.com/watch?v=3t0KQCVBgKU
RHC's CEO, Andrew Davidson detailed the company's two-fold agenda that the proceeds will be allocated toward, including the drilling of potential new wells at the company’s 40-mile site in Alberta and enhancing the development of existing wells in Saskatchewan. 
 
Furthermore, the proceeds bolster operational scaling and improve working capital to facilitate and continue wrapping up RHC's ongoing progress toward self-funding from its operational outputs at Steveville. 
 
Significantly, this substantial injection of capital supports RHC's multi-asset focus as it enables the company to not miss out on a prime exploration season as it's additional assets, thus maintaining momentum in its growth and development strategy. 
 
This has been seen already in RHC beginning licensing and permitting for the Forty Mile #1 exploratory helium well at the Forty Mile Project in Southeastern Alberta. 
 
Comprised of 7,000 acres, Forty Mile is host to one historic well whose results rival the best Cambrian helium discovery wells to date in Alberta, Saskatchewan and Montana. Having defined drill targets across multiple prospective horizons, RHC will be announcing the spud date once licensing is complete and a drilling rig is secured.
 
 
Posted on Behalf of Royal Helium Ltd. 
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Investor Presentation

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Investment Opportunity

  • First Canadian Listed Helium producer with the Company’s Steveville project In Alberta
     
  • First Helium company with 100% offtake for helium with a major North American space launch company
     
  • Shareholders will benefit from multiple cash flow streams from Steveville Production facility
     
  • $25 Million Economic Partnership and LOI for Resource Development and New Facility Construction at Val Marie Project in Saskatchewan
     
  • Large land position with 15 distinct
    project areas, four of which have already been drilled
     
  • Low greenhouse gas emissions and green friendly helium production
     

Contact Us

Spiro Kletas, VP Investor Relations
306-500-9397
spiro@royalheliumltd.com