|Bid||0.0800 x 0|
|Ask||0.0900 x 0|
|Day's Range||0.0800 - 0.0850|
|52 Week Range||0.0250 - 0.1600|
|Beta (3Y Monthly)||1.97|
|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 it has engaged Leede Jones Gable Inc (the "Agent") as lead agent on a commercially reasonable efforts, fully marketed basis for a private placement (“Offering”) of up to 16,000,000 units (the “Units”) at a price of $0.075 per Unit for gross proceeds of up to $1,200,000. Each Unit will consist of one (1) common share and one half (½) of one common share purchase warrant (the “Warrant”). Each whole Warrant shall entitle the holder to acquire one additional common share of the Company at any time on or before the date that is twenty-four months after the closing of the Offering at an exercise price of $0.10 per share. The net proceeds from the Offering will be used to fund the next round of exploration over the Company’s helium properties, including the other Climax regional structures and Cadillac, Shaunavon and Swift Current land packages.
Royal Helium Ltd. (“Royal” or the “Company”) (RHC.V) announces that it has completed the first phase of exploration at its Climax property in southwest Saskatchewan which has identified seven (7) drill targets for primary helium production. In early 2019, the Company completed geotechnical studies utilizing current and past-producing helium well data, seismic, government data, geological data, and mapping. The studies specifically target known fields and formations that are currently producing or have produced primary helium in Saskatchewan.
Royal Helium Ltd. (“Royal” or the “Company”) (RHC.V) reports that the TSX Venture Exchange has accepted for filing a 5:1 Share Consolidation (the “Consolidation”). Effective as at the opening of trading on August 30, 2019, the consolidated shares will commence trading on the TSX Venture Exchange on the basis of 1 (one) post-consolidated common share for every 5 (five) pre-consolidated shares held. The Company’s name and trading symbol will remain the same. As at August 27, 2019, the Company has 181,031,947 shares issued and outstanding.
Andrew Davidson commented, “With shareholder support, Royal can now finalize its restructuring while continuing the advancement of its core helium properties. The Company has commenced advanced exploration activities at the Climax property, and is looking to have detailed drill targets identified by early August. Drill plans will be announced once finalized.
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.