Royal Helium Ltd V.RHC.W

Primary Symbol: V.RHC Alternate Symbol(s): RHCCF | V.RHC.W.A

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company’s properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).

TSXV:RHC - Post by User

Royal Helium Ltd

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Post by SkywalkerofLukeon Dec 01, 2022 2:38pm

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Recent News

I’m patiently waiting for RHC.v RHCCF to receive back the mineral rights to continue expanding and testing the 3D coverage area at Climax-2.

They sampled up to 81.3 Mg/L lithium brine at the property and now believe that the lithium brine zone is an extension of the same pool found in Climax-1 and appears to extend well beyond the current 3D coverage area.

As well, RHC announced last week they executed a term sheet with an arm's length lender to provide a $20M three-year credit facility. Upon closing an initial draw on the facility $10M will be advanced to RHC.

https://royalheliumltd.com/news/2022

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Exploration company provides project portfolio update