Desert Mountain Energy Corp. is pleased to announce the appointment of Michael O’Shea to the Board of Directors. Michael has agreed to become the head of the audit committee as an independent director. The Company acknowledges that being a publicly traded entity, it requires a board filled with competent independent members to meet the corporate governance standards set by the BCSC.
Robert Rohlfing, the Chief Executive Officer and Executive Chairman of DME engages in a discussion concerning the global helium scarcity with presenter John Batchelor.
The Company is pleased to announce that it has closed on the purchase of the West Pecos Slope Abo Gas Field and gas gathering system located in Chaves County, New Mexico. The Company has assumed operations and the revenue stream from the existing wells.
Desert Mountain Energy Corp. announces the immediate resignation of Jessica Davey from the Board of Directors.
Helium exploration and development company Desert Mountain Energy has signed a binding letter of intent to purchase the Pecos Slope West Abo gas field and gas gathering system in Chaves County, New Mexico.
The Company is pleased to announce that it has signed a binding letter of intent to purchase the Pecos Slope West Abo Gas Field and gas gathering system located in Chaves County, New Mexico.
The Company wishes to apprise shareholders that it has continued to complete planned work as previously outlined, per the use of proceeds from the last financing.
The Company is pleased to announce that it has closed on an additional 80 acres of surface property within the McCauley Helium Field which could be significant for future hydrogen and noble gas operations.
The Company is in the final stage of development that will lead to commercial production. The recently completed financing will allow the company to build all the infrastructure necessary and complete the start-up work necessary to bring six helium wells into production.
is pleased to announce that, further to its news releases of March 29 and 31, 2023, an additional 545,000 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 Thursday, April 6, 2023.