Entries by desert_mountain

Desert Mountain Energy Amends Terms and Provides Update on Acquisition of the Right Gilcrease Sand Unit Oil & Gas Project in Oklahoma

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 […]

Desert Mountain Energy Closes $689,707 Private Placement

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 […]

Desert Mountain Energy Acquires Additional 3040 Acres of Strategic Helium Leases in Arizona’s Holbrook Basin From the U.S. Bureau of Land Management

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 […]

Desert Mountain Energy Announces Second Tranche of Private Placement Financing

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, […]

Desert Mountain Energy Announces Results of Recent Helium Auction by the U.S. Bureau of Land Management Which Reflected Surging Helium Prices

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. […]