Total Helium Gets Conditional Approval To List On TSX Venture

Total Helium Ltd. announced on Monday that it has received conditional approval to list its common shares and purchase warrants on the TSX Venture Exchange. The company is expected to start trading its securities on the exchange on November 11, 2021.

The firm has only recently changed its name from Wintertide Ventures in September 2021, which itself is formerly known as Santa Fe Metals. According to its website, the company seems to be focused now on helium exploration, production, and storage.

“Total Helium, through its partnerships with a multinational industrial gas company, is working to establish underground helium storage solutions in North America to compete with the upcoming successor of Federal Helium Reserve,” said the company’s website.

According to its recent filings, the company posted $150,251 in net income and $4,688 in total asset value for its fiscal Q1 2021 ended June 30, 2021. For the fiscal year ended March 31, 2021, the company reported $241,474 in net income and $2,270 in total assets.

The firm plans to trade under the symbols “TOH” and “TOH.WT” for its shares and warrants, respectively.

The British Columbia-based company has relayed that it is currently “drilling the first wells at its [approximately] 86,000-acre leasehold in western Kansas”. It also plans to extend the Hugoton Gas Field in the state, which the company said is “the largest continuous conventional natural gas and helium field in North America”.


Information for this briefing was found via Sedar and the companies mentioned. 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.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project

Related News

Total Helium Completes First Production Well, Testing Now Underway

Total Helium (TSXV: TOH) continues to push forward with its intention of becoming a producer....

Tuesday, January 18, 2022, 08:30:43 AM

Total Helium Sees 9 Wells Connected To Pipeline, With Further 10 Awaiting Connection

FULL DISCLOSURE: This is sponsored content for Total Helium. Total Helium (TSXV: TOH) is set...

Tuesday, October 24, 2023, 07:47:00 AM

Total Helium To Resume Trading Monday After Closing On Stake In Pinta South Project

Total Helium (TSXV: TOH) is expected to resume trading on the TSX Venture Exchange on...
Thursday, May 4, 2023, 10:25:11 AM

Total Helium: Seven Wells Are Now In Production At Pinta South

Total Helium (TSX: TOH) has seen further advancements in the development of its Pinta South...
Monday, June 26, 2023, 10:44:13 AM

Total Helium Connects Five Wells To Processing Facility, Drills Three More

Total Helium (TSXV: TOH) is wasting no time in the development of its recently acquired...
Wednesday, May 17, 2023, 07:26:00 AM