Entries by desert_mountain

Ardito Martohardjono Resigns as a Director of Desert Mountain Energy

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) reports that Ardito Martohardjono has resigned his position as a Director of the Company in order to accept a full-time position with Bureau Veritas Commodities Canada Ltd. (“BV”), an international leader in testing, inspection and certification. That position precludes him from sitting on the […]

Desert Mountain Energy Closes $640,500 First Tranche of Private Placement

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $640,500. Under the terms of the private placement, the Company has issued 3,202,500 Units (the “Units”) at CAD $0.20 per […]

Desert Mountain Energy Acquires Further Tranche of 12,228 Acres of Strategic Helium Leases in Arizona’s Holbrook Basin

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has now acquired a further tranche of 12,228 acres under lease for helium, oil & natural gas from the Arizona Department of Land within the prolific Holbrook Basin of Eastern Arizona. The new leases are situated in Navajo, […]

Desert Mountain Energy Announces Private Placement

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1,500,000. Under the terms of the private placement, the Company will offer for sale up to 7,500,000 Units (the “Units”) at CAD $0.20 per Unit. The Company […]

Desert Mountain Energy Acquires Additional 12,219 Acres of Strategic Helium Leases in Arizona’s Holbrook Basin, Including Zone with Original Discovery Well

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has now acquired an additional 12,219 acres under lease for helium oil & natural gas from the Arizona Department of Land within the prolific Holbrook Basin of Eastern Arizona. The new leases are situated in Navajo and […]

Desert Mountain Energy Sells Its Placer Mining Interests at Atlin, B.C.

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that it has sold its placer mining tenures in the Atlin, B.C. mining camp to Altan Mining Ltd., of Delta, B.C. (“Altan”). The tenures sold were comprised of Placer Lease 361733, Placer Claim 350665 and Placer Claim 379882 (collectively, […]

Greg Nowak Joins Desert Mountain Energy’s Technical Team

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) Gregory Nowak, PGeo, has joined Desert Mountain Energy Corp.’s technical team as a senior consulting geologist to provide exploration services in connection with the company’s Heliopolis helium project in Arizona’s Holbrook basin and its Kight Gilcrease sand unit oil field in Seminole county, […]

African Queen Name Change to Desert Mountain and Rollback

Vancouver, British Columbia — The following bulletin was released by the TSX Venture Exchange: African Queen name change to Desert Mountain, rollback African Queen Mines Ltd (C:AQ) Shares Issued 114,216,051 Last Close 4/6/2018 $0.03 Friday April 6 2018 – Change Name, Roll Back Shares Also Desert Mountain Energy Corp (C:DME) New Listing Pursuant to a […]

African Queen Mines Acquires Key Helium Leases in Arizona’s Prolific Holbrook Basin

Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that its wholly-owned U.S. subsidiary DESERT ENERGY CORP (“Desert Energy”) has now acquired 12,256 acres under lease for helium, oil & natural gas from the Arizona Department of Land within the prolific Holbrook Basin of Eastern Arizona. An additional 12,041 acres […]

African Queen Mines Signs Agreement for Acquisition of the Kight Gilcrease Sand Unit Oil & Gas Project in Oklahoma

Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that its wholly-owned U.S. subsidiary DESERT ENERGY CORP (“Desert Energy”) has now entered into a definitive agreement with SEMINOLE PRODUCTIONS LLC, an Oklahoma private company (“Seminole”), pursuant to which Desert Energy will acquire the Kight Gilcrease Sand Unit oil and gas […]