Royal Helium Ltd. (TSE:RHC) has released an update.
Royal Helium Ltd. has announced the issuance of 380,804 common shares to a consultant in exchange for capital markets analysis services over a six-month period, with the possibility of renewal. These shares are compensation for both a one-time start-up fee and an ongoing monthly advisory fee, subject to the approval of the TSX Venture Exchange. The company, focused on helium production, touts a low greenhouse gas footprint for its operations in Saskatchewan and Alberta.
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