SASKATOON, SK, Jan. 25, 2023 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) Royal Helium Ltd. (“Royal”) is pleased to announce that it has signed an agreement with Guardyan Conservation Corp. (“Guardyan”) for the development of a carbon credit strategy for the Steveville Helium Recovery Plant. Guardyan will also be entering Royal into the voluntary and compliant carbon markets with the development of a carbon credit portfolio through the low emission helium production at Steveville. Further details will be announced as the Steveville plant begins operations.

Andrew Davidson, President and CEO … Continue Reading

SASKATOON, SK, Jan. 23, 2023 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company”) is pleased to announce that it has initiated its 2023 exploration program in southwest Saskatchewan by flying approximately 5,960 line-kilometers of proprietary High Resolution Aeromagnetic (HRAM) data over its Cadillac and Swift Current helium properties in southwestern Saskatchewan. 

Andrew Davidson, President, and CEO comments, “With construction of our first purification facility well underway at Steveville, we are pleased to begin this year’s exploration programs on our helium permit land at Cadillac and Swift Current. The same HRAM … Continue Reading

SASKATOON, SK, Jan. 11, 2023 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce that it has signed a tolling services agreement with Tumbleweed Midstream LLC, of Colorado (“Tumbleweed“) under which Tumbleweed will process Royal’s 99.999% gaseous helium at its Ladder Creek Liquefaction Facility (“Ladder Creek“) into liquid helium. The refined helium gas will be delivered from Royal’s helium wells and helium processing plant currently under construction at Steveville, Alberta to Tumbleweed’s facility in Colorado. Ladder Creek has warranted that the liquid helium delivered will meet or exceed … Continue Reading

SASKATOON, SK, Jan. 11, 2023 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce that it has signed a tolling services agreement with Tumbleweed Midstream LLC, of Colorado (“Tumbleweed“) under which Tumbleweed will process Royal’s 99.999% gaseous helium at its Ladder Creek Liquefaction Facility (“Ladder Creek“) into liquid helium. The refined helium gas will be delivered from Royal’s helium wells and helium processing plant currently under construction at Steveville, Alberta to Tumbleweed’s facility in Colorado. Ladder Creek has warranted that the liquid helium delivered will meet or exceed … Continue Reading

SASKATOON, SK, Jan. 10, 2023 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce the closing of its previously announced “bought deal” private placement of 5,500 non-transferrable subscription receipts (each a “Subscription Receipt“) at an issue price of $1000 per Subscription Receipt for aggregate gross proceeds of $5,500,000 (the “Offering“). The Offering was led by Eight Capital (the “Underwriter“).

Each Subscription Receipt is convertible into one unsecured convertible debenture unit of the Company (each, a “Debenture Unit“), upon the completion of certain Escrow Release Conditions (as defined herein). Each … Continue Reading

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SASKATOON, SK, Dec. 21, 2022 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce that it has signed term sheets with the Business Development Bank of Canada (“BDC“) and a Schedule 1 Bank, acting pari passu for a non-revolving credit facility (“Credit Facility“) in the amount of C$15,000,000. The loans bears interest at a rate of 3.00% above the bank’s Prime Lending Rate (“Prime“). Proceeds of the Credit Facility will be used … Continue Reading

SASKATOON, SK, Nov. 22, 2022 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce that it has executed a term sheet with an arm’s length lender to provide a USD $20 million three-year credit facility. In accordance with the term sheet, an initial draw on the facility in the amount of USD $10 million will be advanced to the Company upon closing, which is anticipated to occur on or about December 12, 2022. Proceeds will be used for development and production facilities at the Steveville helium field in … Continue Reading

SASKATOON, SK, Oct. 19, 2022 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) announces that further to its C$7,000,500 bought deal financing (the “Offering“) that closed on October 13, 2022, the syndicate of underwriters led by Cormark Securities Inc. and including Eight Capital and Haywood Securities Inc., have exercised the remainder of their over-allotment option to acquire 3,050,768 units of the Company (the “Over-Allotment Units“) at a purchase price of C$0.26 per Over-Allotment Unit for total gross proceeds to the Company of C$793,199.68. Each Over-Allotment Unit consisted of one common … Continue Reading

SASKATOON, SK, Oct. 13, 2022 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) announces that it has completed its previously announced bought-deal financing of C$7,000,500 (the “Offering“) led by Cormark Securities Inc. and including Eight Capital and Haywood Securities Inc. (collectively, the “Underwriters“). The Underwriters exercised the first tranche of the over-allotment option amounting to C$256,875.32 for total gross proceeds to the Company of C$7,257,375.32. The total number of units of the Company (the “Units“) issued under the Offering was 27,912,982. Each Unit consisted of one common share of the Company … Continue Reading

SASKATOON, SK, Oct. 12, 2022 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF)  (“Royal” or the “Company“) is pleased to report that it has awarded a construction contract to Arjae Design Solutions Ltd of Nisku, Alberta to build and commission the Steveville 14-12 Helium Recovery Plant to be located approximately 40 km north of Brooks in southeastern Alberta. Site preparation works have been initiated and procurement of long lead items has started.

The plant’s operating throughput will be in the range of 10-15 million cubic feet/day (“MMSCFD”) producing a purity level of 99.999% helium. The … Continue Reading

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SASKATOON, SK, Oct. 3, 2022 /CNW/ – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. (collectively the “Underwriters“), which have agreed to purchase, on a bought deal basis, 19,231,000 units (the “Units“) of Royal at a purchase price of $0.26 per Unit (the “Offering Price“), for aggregate gross proceeds in the amount of approximately $5 million… Continue Reading

SASKATOON, SK, Sept. 21, 2022 /CNW/ – Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) is pleased to report that following up on the previously announced lithium assays in Climax-1 (see news release Aug 22, 2022) it has also sampled up to 81.3 Mg/L lithium brine at Climax-2 on Royal’s Climax helium land block located approximately 160 km south of Swift Current in southwest Saksatchewan. Climax-2 is approximately 2.7 kilometers southeast of Climax-1 with both wells testing the lithium bearing brine zone within the Duperow formation. With the more detailed 3D seismic Royal … Continue Reading