Royal Helium Ltd., announces the closing of its oversubscribed private placement of units announced on June 15, 2020 and expanded on June 29, 2020. Royal raised proceeds of $1,000,000 through the issuance of 20,000,000 Units at a price of $0.05 per Unit . Each Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles the holder to acquire one common share [...]
Royal Helium Ltd., announces that, due to demand, it has increased the size of its non-brokered private placement announced on June 15, 2020, to a maximum of 20,000,000 units for gross proceeds of $1,000,000. Priced at $0.05, each Unit of the offering consists one common share and one common share purchase warrant, with each warrant entitling the holder to acquire one common share at $0.07 for a period of 12 months [...]
Royal Helium Ltd., announces that it has arranged a non-brokered private placement offering up to 10,000,000 units of the Company at a price of $0.05 per unit for gross proceeds of $500,000. Each Unit consists of one common share of the Company and one common share purchase warrant with each warrant entitling the holder to acquire one common share at $0.07 for a period of 12 months following the closing of the offering [...]
Royal Helium Ltd. announces that pursuant to blanket relief granted by the securities regulatory authority or regulator in each province and territory of Canada as a result of the COVID-19 pandemic, Royal is postponing the filing and delivery, as applicable, of the following continuous disclosure documents of the Company : The annual financial statements for the year ended December 31, 2019, as required by Part 4 of [...]
Royal Helium Ltd. announces that it has signed a Memorandum of Understanding with The Saskatchewan Research Council to review the development of an integrated, "poly-generation" facility for the production and refinement of helium and associated inert gases from helium-bearing gas production in southern Saskatchewan. Andrew Davidson, President and CEO of Royal comments, "The goal is to develop and process Saskatchewan [...]
Royal Helium Ltd. announces the commencement of a triaxial magnetometer survey over the Climax Helium Project in southern Saskatchewan. Detailed deep magnetic surveys, in conjunction with traditional seismic and well logs, have the potential to more accurately define potential inert gas bearing formations deep in the Precambrian basement. Results and refined drill target locations stemming from this survey will be [...]
Royal Helium Ltd. announces that pursuant to blanket relief granted by the securities regulatory authority or regulator in each province and territory of Canada as a result of the COVID-19 pandemic, Royal is postponing the filing and delivery, as applicable, of the following continuous disclosure documents of the Company: the annual financial statements for the year ended December 31, 2019, as required by Part 4 of [...]
Royal Helium announces that it has cancelled its previously announced brokered private placement, led by Leede Jones Gable, offering up to 16,000,000 units at a price of $0.075 per Unit. The Company has determined that, in light of the market conditions, the offering should be cancelled until further notice. Royal continues to explore on its existing land package, consisting of over 400,000 acres of prospective helium [...]
Royal Helium announces that it has been granted by the Government of Saskatchewan, an undivided, 100% crown interest in a new helium permit covering 17,676 ha adjacent to and immediately west of the Company’s Climax property. The Company plans to proceed with a geotechnical and seismic program over “Climax West”, land extended with the newly acquired helium permit. The program will be conducted in the same manner as [...]
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