Royal Helium CEO Andrew Davidson joined Steve Darling from Proactive to announce the successful completion of a bought deal public offering that raised $6 million. The offering was conducted in conjunction with underwriting firms Canaccord Genuity, Cormark Securities, and Eight Capital Corp. Davidson detailed that the proceeds are designated for a robust exploration and development agenda. This includes drilling potential [...]
Royal Helium Ltd. is pleased to announce that it has completed its previously announced bought deal public offering of units of the Company for aggregate gross proceeds of $6,000,030. Pursuant to the Offering, a total of 66,667,000 Units were sold at a price of $0.09 per Unit. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant of the Company . Each Warrant shall [...]
Royal Helium Ltd. is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters , pursuant to which the Underwriters has agreed to purchase, on a bought deal basis, 66,667,000 units of the Company at a price of $0.09 per Unit for aggregate gross proceeds to the Company of $6,000,030 . Each Unit shall be [...]
VANCOUVER, BC, April 16, 2024 /CNW/ - Trading resumes in: Company: Royal Helium Ltd. TSX-Venture Symbol: RHC All Issues: Yes Resumption : 10:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
Royal Helium Ltd. and Sparrow Hawk Developments Ltd. are pleased to announce that they have entered into an Economic Participation Agreement and a letter of intent for a $25,000,000 joint venture investment by Sparrow Hawk in the development of Royal's Val Marie helium project located in southwestern Saskatchewan. Under the terms of the Agreement and the LOI, Sparrow Hawk will invest $25,000,000 into the drilling and [...]
Royal Helium Ltd. is pleased to announce that it has entered into its first offtake agreement for the sale of food and beverage grade CO2 from its Steveville Processing and Purification Facility. This initial offtake agreement has a term of three years and will primarily serve markets in the Pacific Northwest Region of the United States. David Young, President of Royal Helium states, "this agreement marks a significant [...]
Royal Helium Ltd. announces that it proposes to issue an aggregate of 380,804 common shares in the capital of the Corporation subject to receiving final acceptance from the TSX Venture Exchange . The Company announces that it proposes to issue 380,804 Common Shares at a deemed issue price of CAD$0.1772 to an arm's length service provider to the Company and its affiliates, pursuant to a Shares for Services Agreement dated [...]
Royal Helium Ltd. is pleased to announce its initial set of development plans for 2024. With a focus on high grading the existing drilled fields in Saskatchewan, Royal's development efforts will be centred on the completion and testing of existing wells in the Val Marie, Ogema and Steveville properties and new drilling on the 40 Mile project in Alberta. Mr. Andrew Davidson, Chief Executive Officer of Royal states, "With [...]
Royal Helium Ltd. announces that, subject to regulatory approval, it has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium™, in accordance with TSX Venture Exchange policies. ICP will trade shares of the Company on the TSXV and all other trading venues with the objectives of maintaining a reasonable market and improving [...]
Royal Helium Ltd. is pleased to announce that it has been approved to be a recipient of a contribution of CAD $3 million from the Government of Canada through Prairies Economic Development Canada under its Aerospace Regional Recovery Initiative. The funds received by Royal serve as reimbursement for expenditures incurred to equip and enhance operations at the Steveville Helium Processing Facility in Alberta. Under the [...]
SASKATOON, SK, Jan. 19, 2024 /CNW/ - Royal Helium Ltd. today announced that the Board of Directors has granted an aggregate of 950,000 stock options , 5,963,635 performance share units and 909,070 deferred share units to certain directors, officers and consultants of the Company under the Company's equity incentive compensation plan . The Options, PSUs and DSUs are subject to the terms of the applicable award agreements [...]
Royal Helium Ltd. announces that Samuel "Kyler" Hardy has resigned as a Director of the Company effective January 10, 2024 and the Board has accepted his resignation. The Company thanks Mr. Hardy for his involvement on the board up to this point as the Company evolved from an exploration company to a vertically integrated resource development and infrastructure company. In this new stage of Royal's business, we are [...]
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