• DME HAS BUILT THE WORLD’S FIRST SOLAR-POWERED McCAULEY HELIUM PROCESSING FACILITY

  • DME DISCOVERED SIGNIFICANT PERCENTAGES OF HELIUM IN 7 WELLS

    State 10-1 : 7.13 % Helium
    State 16-1 : 4.0904% Helium

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  • DEVELOPING A +100,000 ACRE HELIUM PROJECT IN THE HOLBROOK BASIN, NORTHERN ARIZONA

  • THE HOLBROOK BASIN HAS THE HIGHEST He GRADES IN THE WORLD

    Historic Production of Helium Gas – 9.23 Bcf – ranging from 8% to 10% He

  • HELIUM IS IRREPLACEABLE IN MANY HIGH TECH APPLICATIONS AND THERE’S A GLOBAL SHORTAGE

    Helium recently increased from $USD300/MCF to $USD500/MCF due to critical world-wide shortages

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Exploration and development of high grade Helium & Noble Gas properties – in the US Southwest

Holbrook Basin Helium Project

Arizona’s Holbrook Basin is considered by many to be “the World’s best address for Helium”, with historic grades ranging from 8% to 10%, and known as “the Saudi Arabia of Helium”. +100,000 acres of key Helium prospects under lease in Holbrook Basin in North Eastern Arizona, with prolific historic production. More leases pending.

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Hydrogen Projects

DME’s secondary focus is developing hydrogen assets located within their helium fields. The Company has signed a joint operating agreement with Beam Earth Ltd. to develop commercial applications for hydrogen.

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TSX.V: DME – Stock Quote

Here you’ll find detailed Desert Mountain Energy information for shareholders, potential investors, brokers and financial analysts. This provides access to our Stock Quote, Investor Presentation, financial and corporate SEDAR Filings, and more.

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Learn more about Helium here.

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Uses of Helium
Learn more about Helium here.

Importance of Helium

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The DME Helium Story hosted by Dennis Quaid on ViewPoint.

Desert Mountain Energy Corp. was featured on the Viewpoint Project with Host Dennis Quaid as one of the companies leading the world in an effort to protect it for future generations.

Through environmentally conscious methods, DME has become one of the only publicly traded resource companies in North America pressuring ESG initiatives to move in the right direction for the needs of our society and future.

News from Desert Mountain Energy

DESERT MOUNTAIN WARRANTS TO COMMENCE TRADING FRIDAY, MARCH 31, 2023

Desert Mountain Energy Corp. (“DME” or the “Company”) is pleased to announce 11,300,000 common share purchase warrants of the Company, issued pursuant to its Short Form Prospectus dated March 20, 2023, will commence trading on TSX Venture Exchange at the opening Friday, March 31, 2023.
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DESERT MOUNTAIN ADOPTS ADVANCE NOTICE POLICY

Desert Mountain Energy Corp.’s (“DME” or the “Company”) has is pleased to announce the approval by its Board of Directors effective today of the adoption of an advance notice policy (the “Policy”) that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the B.C. Business Corporations Act (the “Act”), or (ii) a shareholder proposal made pursuant to the provisions of the Act.
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DESERT MOUNTAIN ENERGY DEEPENS AND SETS PRODUCTION CASING ON WELL#3

The Company is pleased to announce that it has successfully re-entered Well #3. After running Cement Bond Log (CBL) to verify that all water courses were protected via multiple strings of casing, previously set and cemented in December 2020.
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DESERT MOUNTAIN ENERGY CLOSES PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF $22 MILLION

The Company is pleased to announce the closing of its previously announced “best efforts” public offering of 11,300,000 units of the Company (each, a “Unit”) at a price of C$1.95 per Unit (the “Issue Price”) for gross proceeds of C$22,035,000, which includes the partial exercise of the Over-Allotment Option (as defined below) (the “Offering”).
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DESERT MOUNTAIN ENERGY FILES FINAL SHORT FORM PROSPECTUS

Further to the Company’s news releases of March 2nd and 3rd, 2023, the Company is pleased to announce it has filed and obtained a receipt for the final short form prospectus in connection with its previously announced “best efforts” public offering of a minimum of 5,128,500 units of the Company (each, a “Unit”) and a maximum of 10,300,000 Units at a price of C$1.95 per Unit (the “Issue Price”) for minimum gross proceeds of C$10,000,575 and maximum gross proceeds of C$20,085,000 (the “Offering”).
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DESERT MOUNTAIN ENERGY COMPLETES WORK ON McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that GENERON has completed its work on the McCauley Helium Processing Facility. The initial sale will be going to an Arizona-based industrial gas supplier, which is supplying its own trailer.
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DESERT MOUNTAIN ENERGY ANNOUNCES C$20 MILLION MARKETED PUBLIC OFFERING OF UNITS

The Company is pleased to announce that it has launched a marketed public offering (the “Offering”) of units (the “Units”) in the capital of the Company, at a price to be determined in the context of the market (the “Issue Price”) for gross proceeds of up to C$20 million.
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DESERT MOUNTAIN ENERGY POWERS UP THE McCAULEY HELIUM PROCESSING FACILITY

The Company is pleased to announce that it has completed high-pressure testing of all the processing facility components and has powered up the facility through the compressed natural gas (CNG) generators.
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DESERT MOUNTAIN ENERGY SIGNS LETTER OF AGREEMENT TO PURCHASE AND PROCESS RAW CRUDE HELIUM GAS

The Company is pleased to announce that it has signed a letter of agreement to purchase raw or crude helium gas from PetroSun, subject to approval by the Company and available processing capacity at the anticipated date of delivery.
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The significance of Helium for technology.

Helium now plays a critical role in many important technologies, and is in disproportionately low supply throughout the world. Its important for the manufacture of high capacity hard drives, barcode readers, computer chips, semiconductors, LCD panels and fiber optic cable; as a refrigerant in cryogenics research; and as a coolant for nuclear reactors, MRI machines and space vehicles. These technologies are all dependent on Helium. Analysts have forecast a raw helium shortage due to dwindling reserves with year-to-year prices having increased 135% in 2018.

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Experienced Management Team

A seasoned oil & gas industry operations executive with a strong geological background and over 26 years’ experience in formulating, conducting and managing successful exploration, drilling, development and production programs for oil & gas and minerals worldwide.

Don Mosher has 35 years of experience in corporate finance, business development, management and marketing.  He has served on boards and management teams of many publicly traded companies, advising companies on marketing, financing and corporate strategies.

As the CFO of Desert Mountain Energy, Scott has extensive accounting and finance experience dealing with the complexities of both public and private corporations in a variety of industries.

He earned his B.S. in Geology from the University of Oklahoma followed with both his M.S. and PhD. in Geology from the Colorado School of Mines.  His more than forty years of exploration and operations experience in the Rocky Mountains and Mid-Continent of the United States. Discovered and/or extended production in the Denver basin of eastern Colorado, the Sedgwick basin of southeastern Kansas, and the Cherokee basin of southeastern Kansas and northeastern Oklahoma.

Jessica Davey earned her B.S. in Applied Geology from Metropolitan State University of Denver and her M.S. in Global Energy Management from the University of Colorado Denver. She has international experience in petroleum and mining consulting including geologic studies, economics evaluations, and land and regulatory research.  

Petroleum Engineer who has exhibited exceptional technical, leadership and organizational skills in all facets of drilling operations for oil & gas over the past 13 years in various management positions with ConocoPhillips.  Working in diverse locations in North America including the Bakken, Alaska and the Rockies, she has served as Drilling Engineering Supervisor in the Bakken, Global Wells Planning Coordinator and currently as Drilling Engineering Supervisor for ConocoPhillips’ Kuparuk, Alaska program.

Dr. Kelli Ward has dedicated herself to medicine, business, public policy and politics for the past 25 years. As an osteopathic physician, Dr. Ward has a specific interest in the current uses of helium in medicine and its role in the future. She has extensive experience as a physician, public health expert, small business owner, and policymaker.