Desert Mountain Energy Corp. (“DME” or the “Company”) has granted a total of 5,875,000 incentive stock options at an exercise price of $0.36 per share to its directors, officers, employees, and consultants.
The Company is pleased to announce the commencement of operations at its helium processing plant on the West Pecos Field in New Mexico. The plant is currently separating helium from the natural gas stream and transferring it to an offtake trailer.
The Company is pleased to announce that it has signed a new agreement with Beam Earth Ltd. to commence hydrogen exploration in Arizona, targeting the fourth quarter of 2024.
The Company is pleased to update its shareholders on the current operational developments in New Mexico and Arizona. DME has successfully installed the necessary physical equipment for the helium processing plant in New Mexico, achieving its initial objective of becoming a fully vertically integrated helium company.
Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023
Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and other documents (the “Required Filings”) as set out in its news release of January 30, 2024.
Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and other documents
Desert Mountain Energy Corp. (the “Company” or “Desert Mountain”) (TSXV:DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and chief executive officer and chief financial officer certifications in respect of the foregoing, as well as its statement of reserves data and other oil and gas information, report
Desert Mountain Energy Corp. (DME) is pleased to announce the successful reassembly of its natural gas and helium processing and extraction facility. The Company has received the final operational permit from the BLM. The company has made several plant modifications to enhance safety and accommodate upcoming regulatory changes in 2024.
The Company is pleased to confirm the delivery of all necessary components for the West Pecos helium processing plant. Heavy rains washed out portions of roads not maintained by the Company which delayed delivery of the larger multi-stage compressor. Operational start-up is anticipated to take place in the first half of November.