DME is pleased to announce that it has closed its non-brokered private placement previously announced on September 1, 2022 (the “Offering”), raising gross proceeds of CAD $6,090,400.
While the focus of Desert Mountain Energy (OTCQX:DMEHF) is mining helium, they also have hydrogen deposits. These hydrogen deposits are frankly overlooked and often ignored.
I theorize that the hydrogen aspect of the company will become very profitable and very important. With time, we should see additional announcements and deals concerning hydrogen.
Desert Mountain Energy Corp. is pleased to announce that $5.3M has been received with the balance of the announced $5.98M private placement expected to be received shortly.
Desert Mountain Energy Corp. is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $5.98 Million.
Get a glimpse into the more technical side of the helium industry!
From DME’s drilling practices and the tools we use to the challenges encountered along the way, James Hayes, VP of Engineering discusses it all on this podcast hosted by Keith Stelter
In this segment of The Ellis Martin Report, Desert Mountain Energy’s (TSX-V:DME/OTC:DMEHF) Executive Chairman Robert Rohlfing reviews the Company’s Helium and Hydrogen Projects in Navajo County, Arizona, including the upcoming delivery of the modular solar-powered production facility.
Andrew O’Donnell is joined by Robert Rohlfing, CEO & Executive Chairman of Desert Mountain Energy, to get the latest update on:
DME’s contract with GENERON
The McCauley Helium Processing Facility, including its solar power capabilities and what grade of helium it will produce
Hydrogen and what makes Desert Mountain Energy’s discovery unique
The Company is pleased to announce that it has acquired an additional 40 acres of land for future facilities in Navajo County, Arizona.
Desert Mountain Energy Corp. has made progress on the Gunnar Dome prospect and has set and cemented the production casing.
The Company is pleased to announce that it has encountered the largest number of helium and hydrogen showings from all wells drilled thus far, on its Gunnar Dome prospect in Arizona.
Despite management teams talking a lot about a severe shortfall in helium gas supply with reverberations that are leading to a comprehensive rethinking of security of supply & ESG initiatives, most investors don’t know much about helium. It’s simply not as SEXY as high-tech battery metal/EV plays or high-grade gold discoveries.