Royal Helium Ltd

XTSX:RHC

Royal Helium Ltd. is an exploration and development company. The company is headquartered in Saskatoon, Saskatchewan. The company went IPO on 2014-03-20. The firm is helium leaseholders in Canada with land. The company controls approximately 1,000,000 acres of prospective helium land in southwestern and south-east Saskatchewan. All of its lands are in close vicinity to highways, roads, cities and also close to existing oil and gas infrastructure, with a portion of its land in close proximity to existing helium producing locations. The company holds approximately 348,908 hectares of prospective helium rights comprised of approximately 79 five-year permits and 21-year leases across southern Saskatchewan. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Exploration drilling was at the Climax block in the southwest resulting in the discovery of the Climax Nazare zone. Drilling in the southeastern side of the province has been initiated on the Ogema block.