Royal Helium Ltd. is pleased to announce the appointment of David Young to the position of President. Mr. Young was previously serving in the capacity of Executive Vice President and Head of U.S. Operations. "We are excited to announce the appointment of David Young as President of Royal" said Royal Helium CEO Andrew Davidson. "David brings more than two decades of experience managing investments, operating businesses [...]
Royal Helium Ltd. is pleased to announce that it's senior lenders, Business Development Bank of Canada and Canadian Western Bank , have expanded the Company's debt facilities , increasing them by a total of CAD $3.6 million. Proceeds from the bank facility will fund final costs relating to the Steveville facility and will have the same terms as the prior facility except for the principal repayment start date being moved [...]
Royal Helium Ltd. . Royal helium is pleased to announce that Royal has officially commenced delivery and sales of purified helium, for its North American aerospace offtake partner. Sales are initiated at Royal's plant gate from its first helium purification facility located in Princess, Alberta, Canada with the trailers first destined for Colorado to be liquified and with the liquid helium then being transported to the [...]
Royal Helium Ltd. is pleased to report that it held the inauguration of Royal's Steveville Helium Purification Facility on Saturday the 16th of December. Honored speakers at the event were, MLA Brooks-Medicine Hat and Alberta Premier Danielle Smith, John Petrie, the Mayor of Brooks and Arno Doerksen, Reeve, Newell County. Also in attendance were the Federal Member of Parliament Bow River Mr. Martin Shields, Assistant [...]
Royal Helium Ltd. is pleased to announce the closing of the second and final tranche of its previously announced underwritten private placement for 2,812,500 units of the Company , at an issue price of $0.24 per Unit for additional aggregate gross proceeds of $675,000 . The aggregate gross proceeds to the Company from the completion of the first and final tranche of the Offering is $5,175,000. The Offering was conducted [...]
Royal Helium Ltd. announces that in accordance with the terms of the two separate debenture indentures entered into between the Company and Computershare Trust Company of Canada dated February 8, 2023 and dated June 12, 2023 , it has elected to issue an aggregate of 3,938,120 common shares in the capital of the Company to the holders of the 14.0% Senior Unsecured Convertible Debentures due December 31, 2025 and the [...]
Royal Helium Ltd. is pleased to announce the closing of the first tranche of its previously announced underwritten private placement offering of 18,750,000 units of the Company , at an issue price of $0.24 per Unit for aggregate gross proceeds of $4,500,000 . The First Tranche Offering was conducted pursuant to the terms and conditions of an underwriting agreement among the Company, Research Capital Corporation as the [...]
Royal Helium Ltd. is pleased to announce that, in connection with its previously announced overnight marketed offering of units of the Company at a price of $0.24 per Unit, it is increasing the size of the Offering to $5,175,000 in aggregate gross proceeds. The Offering is expected to close in two tranches, with the first tranche being in the amount of $4,500,000 and the second tranche being in the amount of $675,000. The [...]
Royal Helium Ltd. is pleased to announce that it has commenced an overnight marketed offering of units of the Company at a price of $0.24 per Unit for aggregate gross proceeds of $3,000,000. Each Unit shall be comprised of one common share of the Company and one purchase warrant of the Company . Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.31 for a period of 36 [...]
Royal Helium Ltd. is pleased to announce that the Company has commenced loading purified helium into specialized ISO trailers at its Steveville helium purification facility, marking the start of commercial sales from its facility located in Southeastern Alberta. "As we prepare our flagship delivery, the Company is proud to be entering into this new and exciting phase of our business, making Royal Helium one of the [...]
Royal Helium Ltd. today announces that the Company has completed commissioning of its Steveville helium purification facility and has commenced the start-up of the facility located in southeast Alberta near the town of Brooks. "This is a pivotal moment for Royal Helium and all its stakeholders," said Andrew Davidson, President & CEO of Royal. "Only a few short years after we first began drilling our helium wells and 12 [...]
Royal Helium Ltd. is pleased to announce the results of the Company's Annual General and Special Meeting of shareholders which was held today. All matters presented to shareholders for approval as set out in the Company's notice of meeting and management information circular dated September 6, 2023 were approved by an overwhelming majority of the votes cast by the Company's shareholders at the Meeting. Resolutions [...]