Royal Helium Ltd. is pleased to announce the results of the Company's Annual General Meeting, which was held today. All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated May 20, 2021, were approved by the overwhelming majority of the votes cast at the Meeting. Approved items were as follows: the number of directors was set at five , the [...]
Royal Helium Ltd., announces that the TSX Venture Exchange has accepted for listing the 17,250,000 share purchase warrants issued pursuant to the Company's previously announced Prospectus Offering which closed on Tuesday, June 8th, 2021 and includes the Warrants issued on exercise of the Overallotment Option that occurred concurrently with the Prospectus Offering. The Warrants will commence trading on the TSX Venture [...]
Royal Helium Ltd. is pleased to announce its extensive drilling, exploration and development work program in southern Saskatchewan with Climax-4 expected to spud in mid-July. Following the recently completed financing and the successful initial drilling program, Royal will immediately begin drilling and exploration programs focused on accelerating the growth of the Company's helium resources. The Company is currently [...]
June 8, 2021 /CNW/ - Royal Helium Ltd. announces that the Company has closed its previously announced prospectus offering of units on a bought deal basis of 34,500,00 Units, issued at $0.50 per Unit, for gross proceeds of $17.25 million , inclusive of 4,500,000 Units issued pursuant to the full exercise of the over-allotment option granted to the underwriters on closing of the Offering. Each Unit is comprised of one [...]
May 17, 2021 /CNW/ - Royal Helium Ltd. is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters, co-led by Cormark Securities Inc. and Eight Capital , to increase the size of its previously announced bought deal public offering of units. The Company will now issue 30,000,000 units of Royal at a price of $0.50 per Issued Unit, for gross proceeds to the Company of [...]
Royal Helium Ltd. is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and Eight Capital , which have agreed to purchase, on a bought deal basis, 20,000,000 units of Royal at a purchase price of $0.50 per Unit , for aggregate gross proceeds in the amount of $10,000,000 . Each Unit will consist of one common share of Royal and one-half of one [...]
Royal Helium Ltd. is pleased to announce a significant helium discovery at the Climax helium project, located in SW Saskatchewan, Canada. Royal has discovered a 39 meter contiguous helium bearing zone at Climax-3 in the basal Deadwood Regolith which was a previously unknown helium bearing sequence. The same Regolith zone was also intersected at Climax-2 and Royal has seismically mapped the Regolith over a total area of 32 [...]
Royal Helium Ltd. is pleased to announce that initial gas sample test results have returned elevated and economic levels of helium concentration from multiple formations at the Climax helium project, with tests returning levels ranging from 0.33% to 0.94% from the Deadwood, Souris River and Duperow formations. The company will now commence long term production testing of the most prospective zones to confirm flow rates [...]
SASKATOON, SK, March 3, 2021 /CNW/ - Royal Helium Ltd. announces that it has engaged two service rigs and that the completions and testing program has been initiated at Climax-1 and Climax-2. The finalized testing program, which was developed in concert with Sproul Associates Ltd., involves the sequential perforation and gas flow testing of several separate intervals identified during drilling. Finalized results from the [...]
Royal Helium Ltd. announces that it has engaged Sproule Associates Limited of Calgary, AB to consult on the completions and testing programs and to prepare an independent evaluation of the prospective helium resource from the first three wells at Climax, in accordance with the classification, definitions and guidelines of NI 51-101. Sproule will work closely with the completions and testing team from Artisan Consulting at [...]
SASKATOON, SK, Feb. 11, 2021 /CNW/ - Royal Helium Ltd. announces that Climax-2 has been successfully drilled to a total depth of 2,611 metres and that it has selected the target completion intervals for both the Climax-1 and Climax-2 helium exploration wells. Completion and testing of Climax-1 and Climax-2 involves the sequential perforation and production testing of approximately 70 meters of potential helium bearing [...]
SASKATOON, SK, Jan. 28, 2021 /CNW/ - Royal Helium Ltd. reports that the Climax-2 helium exploration well was spudded January 26th with a target depth of 2,600m targeting the Deadwood Formation, a sand and shale sequence that is known to produce helium in Saskatchewan. Climax-2 will be the second of three wells into the large structural closure identified by seismic and aeromagnetics. The Climax-2 well is expected to take [...]
+1400,00 %
-40,00 %