|Bid||0.0150 x 0|
|Ask||0.0200 x 0|
|Day's Range||0.0150 - 0.0150|
|52 Week Range||0.0050 - 0.0500|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Royal Helium Ltd. (“Royal” or the “Company”) (RHC.V) announces that on July 22, 2019 it will hold an annual and special meeting of shareholders (the “Special Meeting”) to consider, and if deemed appropriate, to approve a special resolution to authorize an amendment of Royal’s articles to consolidate the issued and outstanding shares of the Company on the basis of one post-consolidation common share for every five pre-consolidation common shares. The Company currently has 181,031,947 shares issued and outstanding which will be consolidated to approximately 36,206,289 issued and outstanding shares. The details of the matters proposed to be put before the Special Meeting are set forth in the management information circular (the “Circular”) to be available on SEDAR and mailed to shareholders on or about June 25, 2019. Other items to be voted on at the special meeting include the approval of the annual audited financial statements, election of directors and the approval of the Company’s stock option plan.
SASKATOON, Saskatchewan, June 04, 2019 -- Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) announces that it has closed the non-brokered private placement financing.
The Board of Royal Helium Ltd. (RHC.V) (“Royal” or the “Company”) announces a non-brokered private placement offering of up to 30,000,000 shares of the Company at $0.01 per share for gross proceeds of up to $300,000. Proceeds will be used to finance 2019 exploration programs and for general working capital. The offering is subject to regulatory approval, including the approval of the TSXV. Royal advises that the insiders of the Company may participate in the financing, which will be completed pursuant to available related-party exemptions under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions).
The Chairman of the Board of RHC Capital Corporation (“RHC” or the “Company”) (RHC.V), operating through its wholly owned subsidiary, Royal Helium Corporation (“Royal Helium”) announces that it has restructured the senior management and the composition of the board of directors of the company, along with the formation of a new advisory board. The Company has accepted the resignations of Mr. Scott Newman as President, CEO and Director, as well as the resignation of Mr. John Jeffrey as Chief Financial Officer.