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Having experienced growth in both throughput rate and more consistency in run time, Royal Helium (RHC.v RHCCF) has shipped the 10th and 11th purified helium trailers from the purification facility:
#HELIUM News Long Form Post 👇
— Stock Master Flash (@StckMasterFlash) May 31, 2024
Today, @RoyalHeliumLtd provided an update on its operations at the Steveville #Helium Facility, reporting that it has now shipped the 10th & 11th purified helium trailers from the purification facility.
➡️Facility has experienced both growth in… https://t.co/V8RpvR3cRs pic.twitter.com/y9x0MYdrpT
RHC.v recently announced an update on its Steveville Helium Plant, having dispatched its 10th and 11th trailers of purified He, marking a key milestone. The facility's production has stabilized at 50% capacity, with surges to 75%, translating to 4 trailers monthly, a 100% increase. Full capacity is expected to yield 7-8 trailers monthly. Full news breakdown here:
https://www.reddit.com/r/PennyStocksCanada/comments/1d7hp55/rhcvs_productionphase_steveville_helium_plant/
Royal Helium Ltd. (RHC.v) reports progress at its Steveville helium facility, having dispatched the 10th and 11th trailers of purified helium. The plant is now at 50% capacity with periodic surges to 75%, translating to four trailers monthly and aiming for 7-8 at full capacity. The CEO credits the engineering team's efforts. Full news⬇️
https://royalheliumltd.com/2024/05/royal-helium-provides-update-on-operations-at-steveville-helium-facility/
Posted on behalf of Royal Helium Ltd.
Insightful breakdown of Royal Helium's (RHC.v RHCCF) operational update from the Steveville Helium Facility:
#HELIUM News Long Form Post 👇
— Stock Master Flash (@StckMasterFlash) May 31, 2024
Today, @RoyalHeliumLtd provided an update on its operations at the Steveville #Helium Facility, reporting that it has now shipped the 10th & 11th purified helium trailers from the purification facility.
➡️Facility has experienced both growth in… https://t.co/V8RpvR3cRs pic.twitter.com/y9x0MYdrpT
RHC.v is working to expand its helium production, with >1M acres in Western Canada. Their Steveville project in Alberta produces 99.999% pure helium. The company has started licensing to drill an exploratory well at its 40 Mile Project, aiming to affirm/re-evaluate promising historical data. More on RHC and their projects here:
https://www.reddit.com/r/PennyQueen/comments/1d4hvib/royal_helium_rhcv_rhccf_aims_to_boost_helium/
Today, Royal Helium (RHC.v RHCCF) provided an update on its operations at the Steveville Helium Facility, reporting that it has now shipped the 10th and 11th purified helium trailers from the purification facility: https://royalheliumltd.com/2024/05/royal-helium-provides-update-on-operations-at-steveville-helium-facility/
Experiencing both growth in throughput rate and more consistency in run time, the Steveville facility continues to ramp up capacity, with stable production currently at 50% nameplate amounts (four trailers per month). Once at capacity, the plant is expected to produce between seven and eight trailers of purified helium per month.
"It's clear that Royal Helium is a tremendous gain for the whole province and it's really the start of a new era for Alberta," - Albertan Premier Danielle Smith on the opening of Royal Helium's (RHC.v RHCCF) helium purification facility (Source: https://calgary.ctvnews.ca/mobile/premier-smith-on-hand-to-launch-helium-purification-facility-north-of-brooks-alta-1.6690426?cache=fbvfbdkpstrm?clipId=89830)
As the first Canadian public company to produce and sell helium (directly to a large end user at a contracted fixed price) from its innovative plant, RHC is playing a market-changing role in the field of helium production as it controls over one million acres of prospective helium permits and leases across Saskatchewan and Alberta: https://www.reddit.com/r/Wealthsimple_Penny/comments/1csz6wh/video_breakdown_royal_helium_rhcv_ceo_discusses/
Demonstrating their commitment to growth, helium producer and explorer Royal Helium Ltd. (RHC.v) has begun the permitting process for an exploratory well at its Forty Mile Helium Project, targeting multi-zone development.
https://royalheliumltd.com/2024/05/royal-helium-licensing-high-impact-helium-well-at-forty-mile-southern-alberta/
News Financial highlights the importance of helium in the tech industry and the helium producer & explorer RHC, which controls the Steveville He Plant, producing 99.999% pure He, while also advancing its near-term projects.
https://news.financial/comments/royal-helium-rheinmetall-amd-high-tech-shares-fly-only-with-helium
RHC has made a partnership for its Val Marie helium project & begun the licensing processes for its 40 Mile Project, paving the way for future drilling. Full article summary here⬇️
https://www.reddit.com/r/smallstreetbets/comments/1d2x2vk/hightech_shares_fly_only_with_helium_rhcv_emerges/
News Financial highlights helium as crucial for advanced tech development, with Royal Helium (Ticker: RHC.v or RHCCF) emerging as a key player in Canada. The Steveville plant produces 22M cubic feet of helium annually. Key partnerships and projects, including a $25M deal with Sparrow Hawk, underscore its growth potential. Full article⬇️
https://news.financial/comments/royal-helium-rheinmetall-amd-high-tech-shares-fly-only-with-helium
Insightful breakdown of the high-tech market and the indispensable role that helium plays in manufacturing and developments: https://news.financial/comments/royal-helium-rheinmetall-amd-high-tech-shares-fly-only-with-helium#Rheinmetall_-_Business_is_booming
The article highlights an intriguing helium company aiming to play a market-changing role in the field of helium production that's the first Canadian public company to produce and sell helium (directly to a large end user at a contracted fixed price) from its innovative helium plant.
Insightful long form post on Royal Helium (RHC.v RHCCF), the first Canadian public company to produce and sell helium (directly to a large end user at a contracted fixed price) from its innovative helium plant that has the smallest carbon footprint among its peers worldwide:
#HELIUM Long Form Post
— Stock Master Flash (@StckMasterFlash) May 24, 2024
Having faced four shortages since 2006, the price of helium has nearly doubled since 2020, reaching a historic high of $14 per cubic meter.
Despite being a critical resource in various technologies, supply is limited with fewer than 15 companies… pic.twitter.com/3OpCIUVOuf
Demonstrating their commitment to expansion, helium producer and explorer RHC.v has begun the permitting process for an exploration well at its Forty Mile Helium Project, targeting multi-zone development. RHC's robust cash position, bolstered by a recent $6 million raise, supports this drilling initiative.
https://royalheliumltd.com/2024/05/royal-helium-licensing-high-impact-helium-well-at-forty-mile-southern-alberta/
Insightful tweet from Royal Helium's (RHC.v RHCCF) Dean Nawata on its Steveville Plant, which produces 22,000MCF per year of 99% pure helium - sold to a large end user at a contracted price, RHC is positioned to be a leading North American producer of helium, an increasingly high value commodity:
Yes indeed thank you! Lower stock price when fundamentals haven’t changed = opportunity for some.
— Dean Nawata (@nawatatweet) May 24, 2024
• our helium selling price hasn’t changed
• plant steady-state output hasn’t changed
• plant produces helium to spec (everything sold to off take partner even during ramp up)… https://t.co/uKK6Yx1MYQ
Showing their focus on expansion, helium producer & explorer RHC.v has started the permitting for an exploration well at its Forty Mile He Project, aiming for multi-zone development. RHC has a strong cash-position for this drilling, recently raising $6M.
https://royalheliumltd.com/2024/05/royal-helium-licensing-high-impact-helium-well-at-forty-mile-southern-alberta/
Helium has high demand right now and the price for it is really high. If they find some new reserves their financials are going to look really nice in the future.
Great tweet from Dean here:
First Canadian pub co to be producing and selling (contracted fixed price) helium to a large end user (not through a “middleman distributor” - with runway for next wells /plants. First of its kind helium plant in the world. First of its kind plant with the smallest carbon… https://t.co/ZHWWFLgKhx
— Dean Nawata (@nawatatweet) May 20, 2024
RHC.v is the first publicly traded helium producer in Canada with its Steveville project producing 99.99% He. RHC also focuses on exploration & expansion of its 1M acres of land in SK & AB, planning to drill 39 wells by 2030. It has exploratory well drilling planned, recently having started the permitting process for its Forty Mile Helium Project. Full DD here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1cxkwvk/royal_helium_rhcv_leading_the_way_in/
As the first Canadian public company to be producing and selling helium (at a contracted fixed price) to a large end user (no middleman distributor), with runway for the next wells and plants, with the first of its kind helium plant in the world, firsts of its kind plant with the smallest carbon footprint of its peers in the world, Royal Helium (RHC.v RHCCF) has caught my eye as it's actively advancing over 1M acres of prospective helium lands in Alberta and Saskatchewan.
Would recommend checking out this video from the CEO discussing its latest $25M JV (cash investment exceeds the entire marketcap of RHC):
Royal Helium (RHC.v) is pioneering publicly-traded helium production in Canada. With over 1M acres of highly prospective land & its Steveville project yielding 99.999% pure helium, initiation of licensing and permitting for its Forty Mile He exploration project show its continued progress
https://www.proactiveinvestors.com/companies/news/1047206/royal-helium-advances-licensing-and-permitting-for-helium-well-at-forty-mile-project-1047206.html
CEO of Helium producer and & explorer RHC.v discusses $25M JV partnership for their near-term Val Marie Helium Project.
RHC.v pioneers public access to helium's wealth-creation potential in Canada, with one project already producing 99.999% pure helium, and strategic expansion plans including drilling a new well at their Forty Mile Project.
https://www.proactiveinvestors.com/companies/news/1047206/royal-helium-advances-licensing-and-permitting-for-helium-well-at-forty-mile-project-1047206.html
If ratified, this is a big leap for @RoyalHeliumLtd. CAD $25M for ~½ of Val Marie (up to 5 wells and 1 purification plant). Their cash investment into 1 of 6 near-term projects exceeds the entire market cap of $RHC.V which includes the already producing/selling of helium from… https://t.co/1F9FmtRDGs
— Dean Nawata (@nawatatweet) May 15, 2024
Royal Helium's (RHC.v or RHCCF) CEO discusses their $25M JV partnership with Sparrow Hawk to develop the Val Marie #helium project. The JV is expected to expedite RHC's production timeline & expand its operational scale, positioning the company as a leading North American helium producer with a lower carbon footprint.
Having initiated the licensing and permitting processfor the Forty Mile Exploratory helium well, Royal Helium (RHC.v RHCCF) is actively on advancing helium exploration efforts in both Alberta and Saskatchewan - given the helium supply shortage that has been building for decades, this seems to be a promising industry: https://www.reddit.com/r/Pennystocksv2/comments/1cre1do/royal_helium_ltds_rhcv_production_at_its/
We might start seeing some volume in the near future. I have been watching this for a while and have yet to take a position.
Helium Company Highlights: RHC.v is the only publicly traded Canadian helium producer w/ >1M acres in AB & SK. RHC plans to develop 39 wells by 2030 & their Steveville project already produces 99.999% pure He. Recently, RHC initiated licensing for well drilling @ its Forty Mile Project. Full DD⬇️
https://www.reddit.com/r/Pennystocksv2/comments/1cre1do/royal_helium_ltds_rhcv_production_at_its/
If they can establish some new economical reserves, it will be a game changer
As fears of an imminent helium supply shortage have been building for decades, the market is facing a range of challenges with impacts extending beyond just party balloons. With the future of the federal reserve in the US remaining uncertain, an increasing risk of helium supply disruption and a 4.0 shortage, prices have nearly doubled since 2020, reaching a historic high last year.
With an extensive portfolio spanning over 1M acres of prospective helium lands, Royal Helium (RHC.v RHCCF) recently received a substantial injection of capital through a $6M bought deal offering that will be put toward the drilling of potential new wells at the company's Forty Mile Site in Alberta, as well as bolstering operational scaling and improving working capital to facilitate & continue wrapping up processes toward self-funding from its operational outputs at Steveville. More here: https://www.reddit.com/r/Pennystocksv2/comments/1cre1do/royal_helium_ltds_rhcv_production_at_its/
Helium producer/explorer, RHC.v initiates licensing for an exploratory well @ its Forty Mile Helium project. Notably. results from a historic well on the project rival some of Western Canada and Montana's best Cambrian helium discovery wells to date. COO Neigum anticipates success, eyeing multiple drill targets for development. Details⬇️
https://www.proactiveinvestors.com/companies/news/1047206/royal-helium-advances-licensing-and-permitting-for-helium-well-at-forty-mile-project-1047206.html
Insightful interview with Royal Helium (RHC.v RHCCF)regarding the company's upcoming exploration and development agenda following its recent capital injection of over $6M in a bought-deal offering:
News Summary: Helium producer & explorer RHC.v has secured $6M for high-impact drilling @ its near-term 40 Mile Helium Project & has initiated licensing. Historical test data indicates that 40 Mile has grades & flow rates surpassing RHC's actively producing Steveville project. Full DD & breakdown ⬇️
https://new.reddit.com/r/Wallstreetbetsnew/comments/1coby1j/royal_helium_rhcv_rhccf_canadas_1st_publicly/
interesting. Havent heard much out of them lately. Thanks for sharing.
Today, helium producer and explorer RHC.v revealed the initiation of permitting for its Forty Mile #1 well, aiming for multi-zone development. Just yesterday, RHC concluded a $6M offering to finance this pivotal drilling endeavor. Full news⬇️
https://royalheliumltd.com/2024/05/royal-helium-licensing-high-impact-helium-well-at-forty-mile-southern-alberta/
https://ca.finance.yahoo.com/news/royal-helium-announces-closing-6-141300253.html
RHCCF soon set to run ,, start getting some figs on production and joint venture it will be looking very good $$$$$$$$$$$$ time to buy low
Developments Enter Into a $25 Million Economic Partnership and LOI for Resource Development and New Facility Construction in Saskatchewan
CNW Group
Tue, Apr 16, 2024, 9:46 AM EDT
SASKATOON, SK, April 16, 2024 /CNW/ - Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT.A) (OTCQB: RHCCF) ("Royal" or the "Company") and Sparrow Hawk Developments Ltd. ("Sparrow Hawk") are pleased to announce that they have entered into an Economic Participation Agreement (the "Agreement") and a letter of intent (the "LOI") for a $25,000,000 joint venture investment by Sparrow Hawk in the development of Royal's Val Marie helium project located in southwestern Saskatchewan.
Under the terms of the Agreement and the LOI, Sparrow Hawk will invest $25,000,000 into the drilling and completion of new wells, as well as the construction of the associated helium purification facility. Pursuant to the LOI terms, Sparrow Hawk will have an approximate 57.5% non-operating working interest in the wells and an approximate 46% non-operating interest in the processing facility.
Mr. Andrew Davidson, Chief Executive Officer of Royal Helium states, "This joint venture represents an exciting next step in Royal's mission to advance the development of its extensive helium resources and bring additional facilities online each year. Of equal importance, this partnership highlights Royal's commitment toward further inclusion of First Nations groups in the resource development activities and the economic growth in the province. This historical partnership with Sparrow Hawk to advance the economic development in the Treaty 4 Territory is an important first step toward these objectives. This important Agreement and LOI ensures First Nations participation at the earliest possible stage for resource development in the province with a shared commitment to economic reconciliation and benefit."
Mr. Alex Fallon, CEO of Sparrow Hawk states, "This partnership and our planned ownership in helium production plants and of the helium resource itself, is not only a form of economic reconciliation, but it also sets the path for a multimillion-dollar investment to develop Saskatchewan's helium sector and export helium to customers around the globe."
"This is a historic partnership that will provide Sparrow Hawk with ownership in a major critical minerals project and honours the spirit of Treaty 4 which was to share the resources in this land," Mr. Fallon continued.
About the Val Marie Project
The Val Marie helium project comprises a 32,000-acre, 21 year lease land package representing approximately 3% of Royal's current helium permit and lease lands across Saskatchewan and Alberta. Val Marie is located immediately north of the Saskatchewan-Montana border sitting atop the Bowdoin Dome, a large geological uplift system that has been a prolific natural gas production area with successful helium production wells recently drilled on the Montana side of the structure. The Company drilled its initial well at Val Marie in August of 2022 with some of Royal's highest helium showings to date from drill bit gas detection equipment from multiple stacked zones – the Duperow, Souris River and Deadwood formations.
Sparrow Hawk – Royal Partnership
The partnership agreement will also see Sparrow Hawk support Royal's economic reconciliation strategy:
Sparrow Hawk and Royal will work together to advance economic reconciliation in Treaty 4 territory and seek to create employment opportunities for Peepeekisis Cree Nation and First Nations people in Saskatchewan's growing helium sector.
Sparrow Hawk and Royal commit to partnering on future helium opportunities in Saskatchewan as and when they materialize.
Sparrow Hawk will engage First Nation's training organizations to provide Indigenous culture training and education opportunities to Royal and its subcontractors.
Sparrow Hawk will play a lead role in engaging other First Nation organizations and partners to work together on economic opportunities that may arise as a result of this partnership.
The Agreement and LOI are subject to final financial arrangements, provincial, regulatory and TSX Venture Exchange approvals.
About Sparrow Hawk Developments
Sparrow Hawk Developments Ltd., is the economic development corporation for Peepeekisis First Nation. Located in the Qu'Appelle Valley in Southern Saskatchewan, Peepeekisis First Nation is 3,148 people strong. Chief Canahhachapew (Making Ready the Bow) signed Treaty 4 on September 21, 1874. Peepeekisis, Cree: ??????, pîhpîkisîs, literal meaning: Sparrow Hawk. More information can be found at: www.sparrowhawkdevelopments.com
About Royal Helium Ltd.
Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases. The Company's expansive footprint includes prospective helium permits and leases across 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.
Royal's helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas ("GHG") and therefore has a low GHG footprint when compared to other jurisdictions that rely on large scale natural gas production for helium extraction. Helium extracted from wells in Saskatchewan and Alberta can be up to 90% less carbon intensive than helium extraction processes in other jurisdictions.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release includes certain statements that may be deemed to be "forward-looking statements". All statements in this news release, other than statements of historical fact, that address events or developments that management of the Company expects, are forward-looking statements, including, the settlement and execution of the definitive agreements, financing arrangements, provincial and regulatory approvals, and the potential participation of the federal and provincial government in the joint venture and investment. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.com for further information.
Sparrow Hawk Developments Ltd. logo (CNW Group/Royal Helium Ltd.)
SOURCE Royal Helium Ltd.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2024/16/c4780.html
https://finance.yahoo.com/news/royal-helium-sparrow-hawk-developments-134600655.html
ROYAL HELIUM ENTERS INTO INITIAL OFFTAKE AGREEMENT FOR THE SALE OF FOOD AND BEVERAGE GRADE CO2
CNW Group
Tue, Mar 26, 2024
SASKATOON, SK, March 26, 2024 /CNW/ - Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT.A) (OTCQB: RHCCF) ("Royal" or the "Company") is pleased to announce that it has entered into its first offtake agreement (the "Agreement") for the sale of food and beverage grade CO2 from its Steveville Processing and Purification Facility. This initial offtake agreement has a term of three years and will primarily serve markets in the Pacific Northwest Region of the United States.
David Young, President of Royal Helium states, "this agreement marks a significant expansion of the economics of Royal's initial facility, showcasing the Company's commitment to growth and innovation. This agreement not only propels us forward in our mission to sell a diversified set of value-added gases but also serves as a testament to the multifaceted commercial products generated from our facility, which provide multiple economic cash flow streams for shareholders. This first agreement is a testament to our strategic approach to fully monetizing each facility, and we anticipate further opportunities to meet the growing unmet demand for CO2, and purified commercial products, across various underserved markets in the US."
Due to the competitive nature of these negotiations, and the fact that Royal is in continuing negotiations for further contracts, disclosure over volume and price will not be made at this time. Royal Helium will keep the market informed with updates on its CO2 business as they unfold.
About Royal Helium Ltd.
Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across 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.
Royal's helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas (GHG) and therefore the plant has a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction. Helium extracted from wells in Saskatchewan and Alberta can be up to 90% less carbon intensive than helium extraction processes in other jurisdictions.
Andrew Davidson
Chief Executive Officer
Royal Helium Ltd.
https://finance.yahoo.com/news/royal-helium-enters-initial-offtake-093000900.html
Royal Helium unveils plans to have multiple facilities operational in the ‘short-term’
By Molly Burgess, Feb 29, 2024
Royal Helium has unveiled its 2024 development plans, with its CEO saying that the Canadian helium exploration and development company will have multiple facilities operational in the short term.
The company’s plans will be centred on completing and testing existing wells in the Val Marie, Ogema, and Steveville properties and new drilling on a 40-mile project in Alberta, Canada.
Andrew Davidson, CEO of Royal Helium, said that the company is pleased to be focused on determining the site for the next processing facilities.
Steveville
In 2023, Royal Helium is considering a strategy that could extend the operational lifespan of its Steveville project by 33%. The company’s helium purification plant in Steveville has the capacity to produce approximately 22,000 million cubic feet of helium with a purity of 99.9999% per annum.
Originally, the Steveville-1 well was not intended for production following its initial testing. However, a review of geological data since August 2022 has uncovered a previously overlooked section within the well that has the potential for resource production.
With that said, Royal Helium is now planning to conduct tests on this newly identified area to explore its productivity.
Omega
An additional project that Royal Helium is looking to pursue this year is the Omega project, based in Saskatchewan, a Canadian province that has a strong Helium Action Plan in place.
The Ogema project in south-central Saskatchewan is comprised of more than 60,000 acres and is home to the easternmost helium wells drilled in Saskatchewan.
The wells were drilled and partially tested in 2021, but upon receiving legislative permitting changes in 2023, Royal is planning to perforate and test the Ordovician Red River formation within the wellbore with the view of making a production and plant decision.
Saskatchewan’s Red River formation has long been a prolific oil and gas producing formation that boasts helium prospectively with the numerous shows across the province.
The formation has returned the highest concentrations of helium historically, with test results as high as 2.45%.
Val Marie
Another focus for Royal Helium is the Val Marie project in southwest Saskatchewan, a 27,000-acre site that is owned by Royal Helium under a 21-year lease. The site of the most recent well drilled in the portfolio, the Val Marie-1 well is awaiting completion and testing of the zones of interest encountered in the 2022 drill programme.
The Val Marie-1 helium exploration returned the highest background-level helium results that Royal has encountered to date, including the Steveville field. Royal will be completing and flow testing these stacked shows in the Devonian and Cambrian horizons.
Royal Helium’s Val Marie field sits upon the Val Marie Arch on the northern flank of the Bowdoin Dome. One of the earliest projects in the Royal portfolio, Val Marie has long been a high priority field. The Bowdoin Dome is thought to be the dominant structure allowing the migration of helium into southwestern Saskatchewan reservoirs.
Davidson concluded, “This is firmly the goal of all development work that will be completed in 2024. Given the drilling activities completed from 2021-2022, Royal Helium is uniquely positioned to move from one facility to multiple in the short-term.”
https://www.gasworld.com/story/royal-helium-unveils-plans-to-have-multiple-facilities-operational-in-the-short-term/2134897.article/
Still looking for a bottom.
PSRHF I THINK THEY STILL HAVE A LONG WAY TO GO,,, UP AND DOWN ON THE SP AND THEN THERE WILL BE DILUSION FOR FINANCIMG,,, AN ENTRY AT .30-.40 FOR ME,,,, NEED MORE INFO ON THEM AND TIME ,,,GOT COUCHT IN ARGYF THAT SAME WAY,,,,,, GOOD BONES TO THE COMPANY AND BRIGHT FUTURE JUST JUMPED IN TO EARLY ,,,,, THEY HADE THE RIGHT PR'S AND MANY ON ENTRY POINT ARGYF ...NOW NOT SO,,, ROYAL FOR SURE A HOLD AND STACK,,,
Take a look at PSRHF. There are only three helium companies worth investing...PSRHF, ARGYF and RHCCF.
rhccf starting to look good 20% up keep it going
RHCCF Analyst Bill Newman at Research Capital published an update on Royal Helium TSXV-RHC Wed, Jan 24th 2024.
"Catalyst Rich Year Ahead"
link to receive the full report here 👇
https://lnkd.in/g93xZDzm
NEWS
Royal Helium’s Bank Line Expands as the Company Prepares to Deliver Additional Helium Trailers to Market from its Steveville Helium Processing Plant
January 3, 2024
Saskatoon, SK, January 3, 2024 – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT.A) (OTCQB: RHCCF) ("Royal" or the "Company") is pleased to announce that it’s senior lenders, Business Development Bank of Canada (“BDC”) and Canadian Western Bank (“CWB”), have expanded the Company’s debt facilities (see news release of February 6, 2023), increasing them by a total of CAD $3.6 million. Proceeds from the bank facility will fund final costs relating to the Steveville facility and will have the same terms as the prior facility except for the principal repayment start date being moved out to February 2024.
Andrew Davidson, President & CEO of Royal states, “We are appreciative of the ongoing support and confidence by our senior banking partners Canadian Western Bank and the Business Development Bank of Canada. Both CWB and BDC have been strong and steadfast partners to Royal through the Company’s Steveville Facility development process, and we are proud to continue and expand upon that relationship as this first-of-its-kind purification facility is now fulfilling its mission to deliver purified helium to end-markets with deliveries officially having commenced.”
The Steveville plant is designed to process 15,000,000 cubic feet/day of raw gas fed by the two 100% owned helium wells at Steveville, Alberta and produce 22,000 mcf of 99.999% helium per year. The engineered life of the plant is 25 years while both wells are expected to remain on stream for a minimum of 9 years. The plant will also produce enough fuel gas to power the plant and is capable of producing up to 22,000,000 pounds of commercial CO2.
About Royal Helium Ltd.
Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across 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.
Royal’s helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas (GHG) and therefore has a low GHG footprint when compared to other jurisdictions that rely on large scale natural gas production for helium extraction. Helium extracted from wells in Saskatchewan and Alberta can be up to 90% less carbon intensive than helium extraction processes in other jurisdictions.
Andrew Davidson
President and Chief Executive Officer
Royal Helium Ltd.
The big picture for RHC and what investors are missing
DD
In regards to Royal Helium, $RHC.V, I think some of investors are missing the big picture.
So to briefly recap what Royal Helium - RHC.V has accomplished in the last 30months…
From their first helium discoveries at climax back in March of 2021 they went and drilled a bunch of wells. Val-Marie, Omega… They then bought out another company, Imperial helium, and their 3 helium wells. Royal Helium then built a production facility and now helium is being shipped to a liquifaction plant in Colorado (You might want to google liquifaction plant Saskatchewan and read up on their plans) Royal Helium is also a founding member of HeDAC(Helium developers association of Canada), which was formed in September of 2023.
In regards to share dilution, dilution will happen in every Junior mining company. It goes without saying. Without warrants the share count stands at 260million? I believe. Current market cap is $54million @ 20c
Dean is also a salesman. He pisses me off too. I see the comments on various boards. But he still managed to prove RHC land claims by drilling several successful helium wells. RHC even found economical?grades of lithium at its climax location. They also discovered a helium trend line between Climax and Omega wells quoted as being a “Helium kitchen”. They bought out Imperial helium and built a state of the art helium processing facility. ALL within 30months of hitting their first helium wells.(It’s worth saying twice)
Even the premier of Alberta attended the grand opening of this state of the art helium production facility. Granting RHC not only media attention but other, larger oil and gas companies have probably taken notice. Unions, pension funds…uplisting… think of what has been accomplished in the last 30months. Now picture 30months from now.
Where do I think RHC is heading?
It seems pretty obvious to me that Royal Helium went around and proved their land package first.(They never missed a helium drill) They built a processing facility and now that they are generating income, they need to expand at a rapid pace.
Either they secure a large credit facility to move forward with the project
Or
Royal will get the backing of a major oil and gas partner, maybe even North American helium going forward to get more processing facilities online.
Or
they will get bought out by a larger company.
People might think the share price is low, which is it. But find me a pre-production venture market company that didn’t dip 50% or more in the last 18months. The venture market as a whole took a MAJOR beating in the last 18months… 1100ish points down to less then 500.
Simply put the market cap for RHC is way too low considering what they are sitting on. Helium prices are going up. Equilibrium means Russian gas plants coming online… the last one caught fire 1month after starting production back in 2020? 2021? Is that really what you want to rely on to say “helium prices will go down in three years because Russia…” that makes no sense to me.
As the interest rates come down in 2024 I’m sure the share price will improve and reflect the true value of the RHC market cap.
Ignore the FUD. RHC management has done exceptionally well to get to this point.… which is get to first production and prove their land claims in 30months time. That is an accomplishment.
For comparison, look at what NA helium(North American Helium) managed to accomplish between their first production facility coming online in 2020 to today. That should give you an idea of what RHC should be able to accomplish in the next 36months.
Royal Helium Ltd. has officially opened their Steveville Helium Purification Facility. Helium is a critical resource that plays a prominent role in the operation of medical imaging equipment, nuclear magnetic resonance, aerospace, defense, and energy programs. It is also used in the manufacture of technology components like fiber optic cables and semiconductors.
Alberta is well positioned to become a leader in Canadian helium production; this new facility has been designed, engineered, and built in Alberta by Albertans.
#RMWB #YMM #ABleg #steveville Danielle Smith Brian Jean United Conservative Caucus Government of Alberta
Royal Helium Commences Deliveries of Purified Helium to First U.S. End User Customer
Saskatoon, SK, December 20, 2023 – Royal Helium Ltd. (TSXV: RHC) (OTCQB: RHCCF) (TSXV: RHC.WT.A) ("Royal" or the "Company"). Royal helium is pleased to announce that Royal has officially commenced delivery and sales of purified helium, for its North American aerospace offtake partner. Sales are initiated at Royal’s plant gate from its first helium purification facility located in Princess, Alberta, Canada with the trailers first destined for Colorado to be liquified and with the liquid helium then being transported to the customers site in the US. Royal has ongoing transportation and liquefaction agreements in place with its customer assuming these costs.
Royal’s CEO Andrew Davidson comments, “Today’s delivery is the result of the hard work over the past year by Royal’s team and several top groups and companies involved with the engineering, fabrication, and construction of Royal’s state-of-the-art purification facility. The Steveville plant processes upwards of 15 million cubic feet of raw gas produced by two of Royal’s 100% owned Steveville wells. We are proud to be able to say that the Steveville plant is the first of its kind in the world and has the lowest carbon footprint and emissions amongst any of its peers globally.”
Mr. Davidson continued, “This first delivery occurred just days after the Premier of Alberta, Danielle Smith headlined the inauguration of the Steveville helium purification facility. Though physically located in Newell County, Alberta, the Steveville Purification Facility will connect to Canada and the whole of North America, delivering purified helium to critical industries such as health care, semiconductor manufacturing and small modular reactors (“SMR’s”) for energy. As Royal moves forward to replicate its upstream to downstream capabilities throughout its sizeable geological landholding footprint, Royal can respond to the ever-growing demand for helium both domestically and overseas. Canada has always been a strong trading partner with the U.S. and looks to expand relationships even further to Western European and Asian nations to help reduce their dependency on helium supply from less stable supply regions.”
Royal’s flagship purification facility has entered into offtake agreements relating to 100% of its volumes to a leading North American aerospace and defense firm. The Company is already in discussions with various other parties regarding offtake purchase commitments from Royal’s purification facilities that are planned for the coming year.
Executive Vice President and Head of US Operations David Young states further, “While the global supply of helium is increasingly constrained, global demand continues to grow at record pace driven by equally explosive growth across industries dependent upon purified helium to advance their missions. Key industries reliant on this valuable green gas include healthcare, semi-conductor chip manufacturing, fiber optics, aerospace and defense, and quantum-computing, just to name a few. A great number of these industries are currently headquartered or operating in the U.S., and many of these industry players, such as semiconductor and chip manufacturers, have already announced multi-billion-dollar expansion initiatives in the U.S. As one of the only vertically integrated developers and purifiers in North America, Royal intends to be at the forefront delivering highly purified helium to these markets”.
About Royal Helium Ltd.
Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across 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.
Royal’s helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas (GHG) and therefore has a low GHG footprint when compared to other jurisdictions that rely on large scale natural gas production for helium extraction. Helium extracted from wells in Saskatchewan and Alberta can be up to 90% less carbon intensive than helium extraction processes in other jurisdictions.
Andrew Davidson
President and Chief Executive Officer
Royal Helium Ltd.
For more information, please contact the Company.
Spiro Kletas
VP Investor Relations
1 (306) 500-9397
spiro@royalheliumltd.com
Dean Nawata
Business Development
1(306) 500-9420
dean@royalheliumltd.com
RHCCF ANOTHER DAY OF GAIN ,,, HOPEFULLY ALL POSSITIVE HERE ON OUT GLTA
Royal Helium Joined by Alberta’s Premier and Local Political Leadership for Inauguration of Royal’s Steveville Helium Purification Plant
Saskatoon, SK, December 18, 2023 – Royal Helium Ltd. (TSXV: RHC) (OTCQB: RHCCF) (TSXV: RHC.WT.A) ("Royal" or the "Company") is pleased to report that it held the inauguration of Royal’s Steveville Helium Purification Facility on Saturday the 16th of December. Honored speakers at the event were, MLA Brooks-Medicine Hat and Alberta Premier Danielle Smith, John Petrie, the Mayor of Brooks and Arno Doerksen, Reeve, Newell County. Also in attendance were the Federal Member of Parliament Bow River Mr. Martin Shields, Assistant Deputy Minister, Energy and Minerals, Mike Simpson and several council members for the city of Brooks and Newell County.
Highlighting the economic benefits of the facility to the County, Province and Canada, Premier Smith delivered a strong speech commending everyone on the significant accomplishment in building the first of its kind plant in the world here in Alberta.
President and CEO, Andrew Davidson, states, “We thank Premier Smith, and all the local officials, dignitaries and members of the community who joined the Royal Helium team in the inauguration and tour of the one-of-a-kind Steveville Helium Facility. The facility, now in operation, is an impressive piece of engineering and provides the lowest carbon footprint amongst any of its peers globally. Royal, while finalizing trailer fill for its first deliveries, is also in discussions for additional offtake commitments for upcoming projects in 2024.”
About Royal Helium Ltd.
Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across 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.
Royal’s helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas (GHG) and therefore has a low GHG footprint when compared to other jurisdictions that rely on large scale natural gas production for helium extraction. Helium extracted from wells in Saskatchewan and Alberta can be up to 90% less carbon intensive than helium extraction processes in other jurisdictions.
Andrew Davidson
President and Chief Executive Officer
Royal Helium Ltd.
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