Royal Helium (TSXV: RHC) has increased its land holdings. The company this morning announced that it has received additional permits for an additional 321 square kilometres of helium land within southeast Saskatchewan.
The additional land holdings brings Royal Helium’s total figure to 4,320 square kilometres of helium lease and permit land. The most recent additions were largely in the Benough, Saskatchewan area which saw permitted land increase by 173 square kilometres.
Significant interest in the Pangman area was also added, which increased by 148 square kilometres. This land is also contiguous with the Ogema and Ogema North properties, making the property one large land package now.
“With our well target inventory currently at 12, including 5 at Bengough, we look forward to growing our southeastern regional target inventory at the expanded Bengough property and the combined Pangman/Ogema land where some of the highest historic helium tests are found.”Andrew Davidson, President and CEO of Royal Helium
Royal Helium last traded at $0.35 on the TSX Venture.
Information for this briefing was found via Sedar and Royal Helium Ltd. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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