Entries by Lee Dunston

DESERT MOUNTAIN ENERGY CLOSES $651,350 PRIVATE PLACEMENT FINANCING

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has closed its non-brokered private placement previously announced on June 1, 2020 (the “Offering”), raising gross proceeds of CAD $651,350. Under the terms of the Offering, the Company issued 1,861,000 Units (the “Units”) […]

DESERT MOUNTAIN ENERGY ANNOUNCES PRIVATE PLACEMENT

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it is proceeding with a non-brokered private placement offering to raise gross proceeds of not less than CAD $500,000 up to CAD $1.0 Million.  Under the terms of the private placement, the Company will […]

DESERT MOUNTAIN ENERGY ENGAGES DRILLING CONTRACTOR FOR FIRST TWO HOLES OF ITS HELIUM EXPLORATION PROGRAM IN ARIZONA’S HOLBROOK BASIN

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has now engaged Drake Well Service Inc. (“Drake”), a highly experienced Southwest Regional drilling contractor that has been family-owned since 1963, to drill the initial two wells of its upcoming helium drill program […]

DESERT MOUNTAIN ENERGY RECEIVES DRILL PERMITS FOR FIRST TWO HOLES OF ITS HELIUM EXPLORATION PROGRAM IN ARIZONA’S HOLBROOK BASIN

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that the Arizona Oil & Gas Conservation Commission today granted the Company’s drill permits for the initial two holes in its planned helium exploration program in Arizona’s Holbrook Basin.  The two initial holes are situated […]

Tapping into Potentially the World’s Best Helium Resource

Tapping into Potentially the World’s Best Helium Resource Read the Stockhouse editorial about Desert Mountain Energy Corp. https://stockhouse.com/news/newswire/2020/05/05/tapping-into-potentially-world-s-best-helium-resource

The Age of the Airship May Be Dawning Again

The Age of the Airship May Be Dawning Again Dirigibles ruled the skies once. Can they make a comeback? By Justin Ling February 29, 2020, 9:00 AM Here is a interesting news story published by Foreign Policy News about the airship industry and and includes a discussion of their potential impact on the Helium industry.   […]

DESERT MOUNTAIN ENERGY COMPLETES AIRBORNE GEOPHYSICS SURVEY IN ARIZONA’S HOLBROOK BASIN WITH ENCOURAGING RESULTS

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has completed an advanced Remote Sensing Study (the “Study”) covering approximately 377,600 acres in the Holbrook Basin of Northern Arizona (the “Basin”), which included areas under lease or option to the Company as […]

DESERT MOUNTAIN ENERGY CLOSES $1.6 MILLION PRIVATE PLACEMENT FINANCING

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has closed its non-brokered private placement previously announced on December 17, 2019 (the “Offering”), raising gross proceeds of CAD $1, 602,850.16. Under the terms of the Offering, the Company issued 7,285,682 Units […]