- Global Helium (HECO) has announced the listing and trading of its common shares on the Canadian Securities Exchange
- The company’s shares began to trade this morning at the market open under the ticker symbol HECO
- The company was founded to analyze the intricacies of the helium market and capitalize on opportunities to meet global demand
- Global Helium is focused on the exploration, acquisition, development and production of helium
- Global Helium (HECO) is currently trading at $0.75 per share
Global Helium (HECO) has announced the listing and trading of its common shares on the Canadian Securities Exchange.
The company’s shares began to trade this morning at the market open under the ticker symbol HECO.
Global Helium was formed after consultations with multi-billion-dollar helium consumers unsatisfied with existing suppliers and seeking more stable supply.
The company was founded with the sole purpose of understanding the technical intricacies and constraints within the helium industry to identify, capture and advance opportunities to meet global helium demand.
Wes Siemens, President of Global Helium, stated,
“Our company has a 100-per-cent working interest in approximately 85,000 ha (210,000 acres) at Vermillion Hills in the helium fairway in Saskatchewan, where helium production is subject to only a 4.25 per cent royalty rate (95.75 per cent Net Revenue Interest).
We have identified a number of large structures, believed to contain helium, which we will confirm with additional geological, geophysical and engineering tools at our disposal. We are excited about the prospects on our lands and the growth opportunities that are available to us in an expanding helium market.”
Global Helium is focused on the exploration, acquisition, development and production of helium.
Global Helium (HECO) is currently trading at $0.75 per share as of 10:11 am ET.