Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to provide the following amendment of terms and update on the status of its pending acquisition of the Kight Gilcrease Sand Unit oil and gas project in Seminole County, OK (the “KGSU”). The Company entered into a definitive Purchase Agreement dated […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce the closing of its previously announced non-brokered private placement which has raised gross proceeds of CAD $689,707. Under the terms of the private placement, the Company has issued 3,448,534 Units (the “Units”) at CAD $0.20 per Unit. Each Unit […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) has acquired an additional 3,040 acres under lease for helium, oil and natural gas in the prolific Holbrook basin of eastern Arizona. The leases were acquired at auction from the Bureau of Land Management of the U.S. Department of the Interior (BLM). The new […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has arranged a non-brokered private placement of up to CAD $859,500. This financing constitutes the second tranche of the CAD $1,500,000 private placement previously announced on June 7, 2018, of which the first tranche closed on July 19, […]
Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) reports that the recently concluded FY 2019 Crude Helium Auction by the U.S. Bureau of Land Management (“BLM”) reflected surging prices in the world Helium market. The auction took place in Amarillo, TX, site of the National Helium Reserve, on August 31, 2018. […]
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has commenced diamond drilling at the Gold Run prospect at its Yellowjacket Gold Project (“the Project”) located 9 km east of Atlin, BC. This initial drilling comprises up to 2000 m of core drilling as part of the Company’s […]
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it is now in final preparation for its 2017 core drilling program at the Yellowjacket Gold Project located 9 km east of Atlin, BC. After reviewing several prospective zones on its tenures, the company has prioritized the Gold Run prospect for […]