- Global Helium Corp. (HECO) has increased its landholdings in Saskatchewan’s famed “helium runway” to 1.7 million acres
- The company has also leased and acquired 25,372 acres of land across three seismically-defined, and known helium-producing structures in Montana
- Global Helium is one of Canada’s largest helium exploration and development companies
- Global Helium Corp. was down 9.52 per cent, trading at $0.38 at 10:21 ET
Global Helium Corp. (HECO) has increased its landholdings in Saskatchewan’s famed “helium runway” to 1.7 million acres.
Global Helium has successfully leased and acquired 25,372 acres of land across three seismically-defined and known helium-producing structures in Montana.
“We continue to advance our strategic priorities and corporate objective of aggressively pursuing the acquisition of proven, helium-rich lands and expanding the company’s already massive land position,” noted Jesse Griffith, President of Global.
“Our ability to continue growing the land base while simultaneously transitioning the company into an operationally focused, helium-producing entity showcases Global’s ability to execute the plan and exceed expectations,” he added.
The company’s priorities include: (i) expanding its Saskatchewan land holdings, (ii) using geophysical, in-house technical experts, and other technologies to evaluate its land base to advance to the drilling stage, and (iii) identifying and capturing new opportunities in the United States.
Global Helium is one of Canada’s largest helium exploration and development companies, 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.
Global Helium Corp. was down 9.52 per cent, trading at $0.38 at 10:21 ET.