HECO

Global Helium Corp. Grants Stock Options

Retrieved on: 
Friday, May 3, 2024
Finance Secretary (India), OTC, Exercise, HECO, Consultant

CALGARY, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- Global Helium Corp. (“HECO” or the “Company”) (CSE: HECO, OTC: HECOF) is pleased to announce that, pursuant to the Company’s stock option plan, it has granted incentive stock options to acquire up to 1,075,000 common shares of the Company to certain directors, officers and consultants of the Company and these stock options vest on the date of grant (the “Stock Options”).

Key Points: 
  • CALGARY, Alberta, May 03, 2024 (GLOBE NEWSWIRE) -- Global Helium Corp. (“HECO” or the “Company”) (CSE: HECO, OTC: HECOF) is pleased to announce that, pursuant to the Company’s stock option plan, it has granted incentive stock options to acquire up to 1,075,000 common shares of the Company to certain directors, officers and consultants of the Company and these stock options vest on the date of grant (the “Stock Options”).
  • The Stock Options will be exercisable at a price of $0.11 per common share for a period of five years from the date of grant.
  • The Stock Options are subject to the terms and conditions of the Company’s stock option plan and the common shares issued upon exercise of the Stock Options will be subject to a statutory four-month hold period in accordance with applicable securities laws.

Global Helium Corp. Confirms Second Helium Discovery on Manyberries Helium Trend

Retrieved on: 
Tuesday, April 16, 2024
OTC, Helium, Pressure, HECO, Oil

CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to provide an operational update on the Company’s exploratory well at 10-08-012-04W4/00 (“10-08”) situated on the farm-in land block of Perpetual Energy Inc. along the Manyberries helium trend near the Medicine Hat region of Southeast Alberta.

Key Points: 
  • CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to provide an operational update on the Company’s exploratory well at 10-08-012-04W4/00 (“10-08”) situated on the farm-in land block of Perpetual Energy Inc. along the Manyberries helium trend near the Medicine Hat region of Southeast Alberta.
  • Multiple gas samples were analyzed from the well and confirmed helium concentrations from the Beaverhill Lake zone of 0.6% - 0.68%.
  • “We are extremely pleased with the performance of our 10-08 well following remediation work and stimulation, as this well represents our second commercially viable opportunity.
  • “Combined with our recently executed seismic review option agreement with industry leader, North American Helium Inc., covering the majority of our Saskatchewan acreage, HECO is well positioned to advance both our Alberta Manyberries assets and our Saskatchewan land base.”

Global Helium Corp. Announces Seismic Review Option Agreement With Industry Leader, North American Helium

Retrieved on: 
Monday, April 8, 2024
Helium, Agreement, Partnership, OTC, HECO, NAH, Marketing

CALGARY, Alberta, April 08, 2024 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to announce that it has entered into a seismic review option agreement with North American Helium Inc. (“NAH”) (the “Agreement”), a private helium company engaged in the exploration, development, production, refining and marketing of helium in North America.

Key Points: 
  • CALGARY, Alberta, April 08, 2024 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to announce that it has entered into a seismic review option agreement with North American Helium Inc. (“NAH”) (the “Agreement”), a private helium company engaged in the exploration, development, production, refining and marketing of helium in North America.
  • The Agreement offers HECO the potential to advance its Saskatchewan land base while mitigating up-front capital costs and exploration risk.
  • Furthermore, under the Agreement, NAH reserves the right to double the land earned (72 sections) if a test well is drilled prior to December 30, 2024.
  • "We are very excited by this partnership with North American Helium, an experienced and widely respected leader in the helium industry," said Jesse Griffith, CEO of the Company.

Global Helium Corp. Announces Operational Update and Shares Independent Resource Estimate From First Manyberries Well

Retrieved on: 
Wednesday, January 31, 2024
Growth, Classification, Contingency, News, Disclosure, Helium, HECO, Beaverhill Lake, Medicine Hat, Acquisition, Sale, Handbook, Development, National instrument

“I am pleased to share HECO’s first resource estimate from the McDaniel Report which demonstrates our progress to date in developing the emerging and exciting Manyberries helium trend,” continued Griffith.

Key Points: 
  • “I am pleased to share HECO’s first resource estimate from the McDaniel Report which demonstrates our progress to date in developing the emerging and exciting Manyberries helium trend,” continued Griffith.
  • Management is also exploring options to fund development of its streamlined Saskatchewan landholdings, along with existing drill-ready opportunities in Montana.
  • The effective date of the Contingent Resource estimate is December 31, 2023 and was prepared in accordance with the COGE Handbook.
  • A low estimate (“1C”) is considered to be a conservative estimate of the quantity that will actually be recovered.

Portal Raises $34 Million Seed Round to Support Development of Decentralized Bitcoin-Based Exchange

Retrieved on: 
Tuesday, January 30, 2024
Professional Services, Data Management, Other Professional Services, Blockchain, Technology, Cryptocurrency, Fintech, Orbit, FTX, HECO, Privacy, Human, API, Risk, Decentralized finance, DEX, BNB

The seed funding builds on Portal’s angel round of $8.5 million , which closed in 2021.

Key Points: 
  • The seed funding builds on Portal’s angel round of $8.5 million , which closed in 2021.
  • Portal will use the funds to develop its two flagship products: Portal DEX and Portal Wallet .
  • Portal Wallet is a fully non-custodial tool that integrates Portal DEX and allows users to receive, store and send cryptocurrencies across blockchains.
  • “The Portal platform is a game-changer, making decentralized trading and financial contract creation for Bitcoin and other assets both faster and more secure.

Global Helium Corp. Announces Closing of Second Tranche of Private Placement

Retrieved on: 
Friday, December 8, 2023
Share, Indian stock exchange, HECO, Finance Secretary (India), Warrant, OTC, Offering, Security (finance)

CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to confirm the closing of a second tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of approximately CAD$405,000 (the "Offering").

Key Points: 
  • CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to confirm the closing of a second tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of approximately CAD$405,000 (the "Offering").
  • Each Preferred Share is convertible into units of the Company (“Units”) or common shares in the capital of the Company (“Common Shares”) subject to the date of conversion.
  • Each Unit consists of one Common Share and one-half of one Common Share purchase warrant (each whole purchase warrant, a “Warrant”).
  • Any accrued but unpaid dividends as at the date of Accelerated Conversion or Maturity Conversion will be paid in cash.

Global Helium Corp. Confirms Second Helium Well Drilled and Cased in Alberta and Appoints New Director

Retrieved on: 
Monday, November 20, 2023
Federal, Helium, Private law, Trustee, HECO, Beaverhill Lake, Water, Television, TSX, OTC

CALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) today confirms that the Company has drilled and cased its second helium well at 10-08-12-04W4 (“10-08”), targeting the Beaverhill Lake zone and situated on the farm-in land block of Perpetual Energy Inc. (TSX: PMT) (“Perpetual”) within the Manyberries helium trend in Southeastern Alberta.

Key Points: 
  • CALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) today confirms that the Company has drilled and cased its second helium well at 10-08-12-04W4 (“10-08”), targeting the Beaverhill Lake zone and situated on the farm-in land block of Perpetual Energy Inc. (TSX: PMT) (“Perpetual”) within the Manyberries helium trend in Southeastern Alberta.
  • HECO will proceed to testing of the 10-08 well before the end of November, which has also triggered the option to lease agreement as previously announced on January 10, 2023 .
  • HECO is also pleased to announce the appointment of Mr. Robert Nathan to the Company’s Board of Directors.
  • I look forward to working closely with Robert as we move HECO towards commercial production.”

Global Helium Corp. Announces Positive Indications Following Preliminary Testing of First Helium Well and Provides Corporate Update

Retrieved on: 
Monday, October 30, 2023
Knowledge, Pressure, OTC, Commerce, Manyberries, Helium, CSE, Ernst & Young, Environment, LLP, Methane, Nitrogen, University, HECO, CFA, Forecasting, Bachelor of Commerce, TSX, Natural gas, Management, Perpetual, Beaverhill Lake

The gas composition of the 09-04 well contained 1.1% Helium, 94.4% Nitrogen and 3.4% Methane, with the balance comprised of fractional percentages of minor component gases.

Key Points: 
  • The gas composition of the 09-04 well contained 1.1% Helium, 94.4% Nitrogen and 3.4% Methane, with the balance comprised of fractional percentages of minor component gases.
  • Since helium concentrations between 0.3% - 0.5% are deemed commercially viable, HECO’s 1.1% helium concentration in this well represents a meaningful step along the Company’s journey to scalable helium production.
  • The second well will also trigger the option to lease agreement as previously announced on January 10, 2023 .
  • He has led various finance functions in both private and public company environments including Tundra Oil and Gas and Kingston Midstream.

Global Helium Corp. Announces Closing of First Tranche of Private Placement

Retrieved on: 
Monday, October 23, 2023
CAD, Finance Secretary (India), OTC, Warrant, CSE, Offering, Indian stock exchange, HECO, Share, Security (finance), Unit

CALGARY, Alberta, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to announce closing of the first tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of CAD$3,529,750 (the "Offering").

Key Points: 
  • CALGARY, Alberta, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to announce closing of the first tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of CAD$3,529,750 (the "Offering").
  • Each Preferred Share is convertible into units of the Company (“Units”) or common shares in the capital of the Company (“Common Shares”) subject to the date of conversion.
  • Each Unit consists of one Common Share and one-half of one Common Share purchase warrant (each whole purchase warrant, a “Warrant”).
  • Any accrued but unpaid dividends as at the date of Accelerated Conversion or Maturity Conversion will be paid in cash.

Global Helium Corp. Announces Grant of Stock Options

Retrieved on: 
Friday, September 22, 2023
OTC, HECO, CSE, Option, Person, Pension fund, Lease

CALGARY, Alberta, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) today announces the Company has granted stock options (the "Options") under HECO’s stock option plan (the "Option Plan") to certain directors and officers (the "Option Recipients").

Key Points: 
  • CALGARY, Alberta, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) today announces the Company has granted stock options (the "Options") under HECO’s stock option plan (the "Option Plan") to certain directors and officers (the "Option Recipients").
  • In total, 1,050,000 Options have been granted, with each Option representing the right to receive one common share of the Company upon vesting, exercisable at a price of $0.25.
  • The Options will vest as to 25% on each of the 6th, 12th, 18th, and 24th month anniversaries of the date of grant.
  • The Options will expire on September 22, 2028.