Desert Mountain Energy Corp. is advancing plans to reconfigure its Pecos Slope gas gathering system. As previously announced, the Company is raising capital to maximize natural gas sales and provide additional operational options with its helium plant. This work includes the replacement of many miles of existing, inefficient and aging gathering system lines, some of which are in excess of 45 years old and require [...]
Desert Mountain Energy Corp. is pleased to announce that it has closed a brokered private placement of 6,976,744 units of the Company at a price of $0.43 each, for aggregate gross proceeds of $3,000,000 . The Offering was conducted on a "best efforts" basis by Haywood Securities Inc., acting as lead agent and sole bookrunner for the Offering. Each Unit consisted of one common share in the capital of the Company and one [...]
Desert Mountain Energy Corp. From the President of the Company. DME is pleased to announce that it has entered into an agreement with Haywood Securities Inc. , as sole agent and bookrunner, to offer for sale on a best efforts private placement basis, and using the LIFE Exemption , up to 6,976,744 Units of the Company at a price of $0.43 per Unit, for aggregate gross proceeds of up to $3,000,000 . Each Unit will be [...]
Desert Mountain Energy Corp. from the President of the Company. DME is pleased to announce a strategic milestone in its transition toward a data-driven energy leader with the formation of Helios Data Company, LLC, a wholly owned Wyoming subsidiary. This new entity is dedicated to managing and monetizing the proprietary data assets accumulated over the past operations at the Company's specialized noble gas plants. Turning [...]
Desert Mountain Energy is pleased to announce the appointment of Mr. Timothy S. Orr, Esq. as Chief Operating Officer. This leadership addition signals the Company's strategic positioning as a critical utility provider through Project Helios, a strategic initiative to deploy dedicated energy, cooling solutions, and Helium supplies for Digital Infrastructure, Artificial Intelligence and Defense sectors. Mr. Orr joins the [...]
Frankfurt: QM01 Desert Mountain Energy Corp. from the President of the Company. DME announces that it is proceeding with a non-brokered private placement offering to raise up to C$275,000. Under the terms of the private placement, the Company will offer for sale up to 1.1 million units at C$0.25 per Unit. Each Unit will consist of one common share of the Company and one share purchase warrant , with each whole Warrant [...]
Desert Mountain Energy reports the following items. Participation in U.S. Government and Industry Initiatives The Company was asked to participate in and make a submission for the Acquisition Transformation Strategy, a U.S. government initiative transitioning from a requirements-based acquisition framework to a solution-based acquisition approach intended to more effectively address operational needs. In addition, the [...]
Desert Mountain Energy Corp. and Altech Batteries Limited have entered into a Letter of Intent to jointly advance a Sodium Nickel Chloride battery manufacturing facility and rare earth extraction operation in Roswell, New Mexico, significantly strengthening the clean-energy and critical-minerals pathway between the United States and Australia. The proposed project integrates: Brine-derived sodium chloride and REEs sourced [...]
Frankfurt: QM01 Desert Mountain Energy Corp. from the President of the Company. DME is pleased to announce it has signed a non-binding Letter of Intent to form a joint venture to build and operate a sodium-nickel-chloride battery manufacturing facility in Roswell, New Mexico. The proposed operation would utilize produced water from regional oil and gas wells as part of an environmentally responsible cooling and processing [...]
Frankfurt: QM01 Desert Mountain Energy Corp. from the President of the Company. Desert Mountain Energy Corp. is pleased to announce it has signed an agreement with Roswell Information Park LLC to fund key infrastructure associated with previously announced projects on a non-dilutive basis. The initial funding commitment totals approximately US$3.2 million, with additional contracts to be executed as planning, engineering [...]
Frankfurt: QM01 Desert Mountain Energy Corp. from the President of the Company. DME is pleased to announce that Chief Executive Officer Robert Rohlfing has been appointed to the Advisory Board of Roswell Information Park LLC, where the Company will work alongside Sustany LLC, the developer of a new AI-focused data center campus in Roswell, New Mexico. In addition to his advisory role, DME has been invited to participate [...]
Frankfurt: QM01 Desert Mountain Energy Corp. from the President of the Company. DME was recently featured on the Energy Hour segment of BV Today Radio, where Company leadership highlighted DME's progress in helium and critical element exploration and its expansion into natural gas supply for advanced AI Data Centers in New Mexico. Hosted by Ellis Martin of the Ellis Martin Report alongside CEO Robert Rohlfing and Pavlos [...]