Company
Royal Helium Ltd
CVE:RHC
Royal Helium is a production, exploration, and infrastructure company focused on the development and production of primary helium deposits in Western Canada. The company is currently producing purified helium at its Steveville Helium facility in Alberta and is one of the largest helium permit and lease holders in southern Saskatchewan and southeastern Alberta. Given the current and foreseeable global undersupplied nature of this critical and non-renewable product, Royal is well positioned to be a leading North American producer of this increasingly high value commodity.
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Royal Helium inks US$20M credit facility for project financing
“This project financing, once closed, covers the remaining costs for the Alberta processing plant, allowing Steveville to begin helium deliveries to our off-take partners by April 2023,” Royal Helium chief financial officer Jeff Sheppard sa
Royal Helium closes exercise of over-allotment option to fund construction of Alberta helium production plant
The syndicate of underwriters exercised the remainder of their over-allotment options to acquire over three million units of the company for total gross proceeds to Royal Helium of C$793,199.68
Royal Helium destined for the stars? Space launch company will be first customer for AIM newbie
The Canadian company will take its bow on the UK junior market in November
Royal Helium completes C$7.2M financing to fund Alberta helium production plant construction
The company issued over 27.9 million units, each consisting of one common share and one share purchase warrant
Royal Helium awards Steveville processing plant construction contract to Alberta's Arjae Design Solutions
The plant's operating throughput will be in the range of 10 to 15 million cubic feet per day, producing a purity level of 99.999% helium
Royal Helium is rapidly advancing from exploration to production of green helium in Western Canada
Extracting helium from wells in Saskatchewan and Alberta can be up to 90% less carbon intensive than helium extraction in other jurisdictions because helium in Western Canada is a byproduct of nitrogen, according to Royal Helium
Royal Helium announces $7M bought deal financing
The net proceeds will be used to fund engineering and design costs for the production plant planned for Steveville, completion and exploration activities on the company's lands and for general corporate purposes
Royal Helium says it has sent lithium brine from Climax-2 in Saskatchewan for sampling
"These tests not only continue to show some of the highest lithium assays in western Canada but are also indicating a very large potential pool size which really substantiates our reasoning to develop this lithium play further,” said Royal
Royal Helium secures independent helium resources assessment and valuation for Steveville and Nazare
“It affirms initial resources and economics that substantiates our first off-take sales agreement with a minimum delivery (no maximum) to our off-take partner of approximately 40% of the Steveville plant capacity,” said Royal Helium CEO And
Royal Helium enters long-term agreement with a major North American space launch company for the supply of helium
The company also announced that with the engineering of its initial processing facilities largely complete, supply and construction contracts are currently being awarded
Royal Helium discovers high-grade lithium in brine at Climax project in Saskatchewan
“With recorded lithium grades of 84.9 mg/litre, combined with flow rates in the range of 1.85 MMCF (one million cubic feet) per day equivalent, Climax is set to not only become a cash generative helium play, but also now presents potential
Royal Helium appoints Shayne Neigum as its chief operating officer and head of exploration
The company noted that Neigum has worked closely with Stephen Halabura in identifying and acquiring Royal's key helium land positions and prospects since 2017 and has executed the drilling and completion operations on all of Royal's wells t
Royal Helium seeks secondary listing on London’s AIM market
“We are looking forward to the increased liquidity, market size and investor exposure potential of an added international listing,” Royal Helium CEO Andrew Davidson said
Royal Helium finds “significant” helium shows as Val Marie-1 exploration well in Saskatchewan hits 2,596m total depth
“The Bowdoin Dome has been successfully drilled for helium in Montana, so we are pleased to find multiple intervals of elevated helium readings aligned with the three main formations where we have helium bearing rocks at Climax and Ogema,”
Royal Helium gets approval for Climax/Nazare project from government of Saskatchewan
"We are extremely pleased with the agility the Saskatchewan government has shown in quickly implementing their new Helium Action Plan and how quickly they have been able to process and approve our first submission,” said Andrew Davidson, Ro
Royal Helium closes deal to acquire Imperial Helium
Royal CEO Andrew Davidson said the company can now shift its full focus to commercializing the Climax and Steveville helium fields
Royal Helium begins drilling its first well in the Val Marie field located in southwestern Saskatchewan near the Canada-US border
Val Marie-1 is located on the southernmost of three large land blocks in the Val Marie field which encompasses 13,000 hectares of the Canadian portion of the Bowdoin Dome
Archive
NA Proactive news snapshot: Avicanna, Gold Resource, Sigma Lithium, District Metals, FSD Pharma UPDATE...
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Royal Helium says Imperial Helium shareholders approve plan of arrangement
"The addition of Imperial and its Steveville and Steveville East assets to Royal's significant project portfolio of helium properties in Saskatchewan is highly opportunistic for Royal Helium, Andrew Davidson, President, and Chief Executive
Royal Helium says extremely pleased with results of Nazare production modelling simulation
Royal Helium CEO Andrew Davidson said: "The validation that our Nazare discovery is capable of large-scale deliverability is a huge addition to our "conventional" production profile beginning with our first two processing plants at Climax a
Royal Helium identifies six high priority targets from final seismic results at Val Marie
The company said the program, which consisted of 35 kilometres of both newly acquired and purchased trade data has identified a series of large structural features, from which it has selected its initial drill target as well as five additio
Imperial Helium strikes an agreement to be acquired by Royal Helium
"Imperial sees this agreement as an opportunity to be a part of a bigger and stronger helium exploration and development company,” said Imperial Helium co-chairman Kyler Hardy