Royal Helium Ltd (RHCCF)

[CommodityCoverage]

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/