Royal Helium Ltd (TSXV: RHC) is a Saskatchewan, Canada based resource firm focused on developing primary helium assets within Southern Saskatchewan, and the latest focus of The Deep Dive’s Spotlight Series. They currently have amassed one of the largest helium leaseholdings within Canada, with over 205,000 hectares of helium land in their portfolio. The company has also applied to acquire an additional 164,000 additional hectares of leaseholdings as well.
The firm recently completed the process of conducting an expanded $1.0 million financing, which will see funds used to continue work on a preliminary downstream scoping study and design for an integrated processing facility, as well as to conduct further geophysical exploration. Once completed, Royal Helium will then move towards conducting drilling at multiple targets.
Here’s Royal Helium CEO Andrew Davidson to tell us more about the project.
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.
