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CALGARY, Alberta, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Global Helium Corp. (CSE: HECO) (OTC: HECOF) (the “Company” or “Global”), a North American helium exploration and development company, and one of the largest landholders in Saskatchewan’s “helium runway”, is pleased to announce that it has received approval to trade on the US OTC Markets under the new symbol “HECOF”. The Company was previously assigned the symbol “GBHCF”.
The new symbol, “HECOF” now better reflects the actively traded Canadian Securities Exchange symbol, “HECO”.
The Company has also received approval from the Depository Trust Company (“DTC”) to make the Company’s common shares eligible to be electronically cleared and settled (“DTC Eligibility”). The shares are now fully fungible across US and Canadian markets.
"We are pleased to have obtained DTC eligibility and we view trading on the OTC Market as an important step for Global to reach a broad and diverse audience with our story and to complement our existing investor base," said Wes Siemens, Global’s President. "We already have a large US investor base and today’s news is an important milestone to strengthen our market presence. This will lead to greater liquidity as well as our shares becoming more accessible to a broader range of investors."
DTC is a subsidiary of the Depository Trust and Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly traded companies. DTC eligibility incorporates an electronic method of clearing securities that speeds the receipt of stock and cash, and thus accelerates the settlement process for certain investors. DTC eligibility simplifies the process of trading and transferring Global Helium shares between brokerages in the United States.
ON BEHALF OF THE BOARD OF GLOBAL HELIUM CORPORATION
Wes Siemens, P.Eng.
For more information:
Global Helium Investor Relations
Tel: +1 877 816 8163
About Global Helium (CSE: HECO) (OTC: HECOF)
Global Helium is an exploration stage company focused on the exploration, acquisition, development, and production of helium to meet the needs of increasing helium demand and shrinking helium supply in North America and around the world. The Company has a seasoned team of industry professionals and technical experts and has established connections with North American and international helium buyers. Together, the team has captured 100%-owned permits encompassing over 650,000 acres prospective for helium in Saskatchewan’s well-established helium fairway.
Find out more at: https://globalhelium.com/.
No securities regulatory authority has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this internal announcement are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this internal announcement are expressly qualified by this cautionary statement. The forward-looking statements contained in this internal announcement are made as of the date of this internal announcement and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.