DME News Releases – Desert Mountain Energy-TSX-V: DME

Desert Mountain Energy’s Helium Targeting Work Ongoing in Arizona’s Holbrook Basin

February 28, 2019/in News /by Lee Dunston

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce that targeting work for its upcoming 2019 helium drill program is ongoing in Arizona’s Holbrook Basin in North-Central Arizona (the “Basin”). After preliminary review of geological, historical, cultural and environmental factors, the Company has developed seven distinct prime prospects in […]

City of Flagstaff Terminates Memorandum of Understanding for Strategic Regional Development of Helium & Hydrocarbon Resource

February 20, 2019/in News /by Lee Dunston

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, OTC: DMEHF) announces that the City of Flagstaff (“Flagstaff”) has terminated the Memorandum of Understanding (the “MOU”) for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff region and Coconino County, Arizona. The newly elected City Council determined […]

Desert Mountain Energy Enters Into Memorandum of Understanding with City of Flagstaff for Strategic Regional Development of Helium & Hydrocarbon Resources

February 4, 2019/in News /by desert_mountain

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, OTC: DMEHF) is pleased to announce that it has entered into a Memorandum of Understanding (the “MOU”) with the City of Flagstaff (“Flagstaff”) for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff region and Coconino County, Arizona. […]

Desert Mountain Energy Assigned New Stock Symbol For Trading On The U.S. OTC Market

January 29, 2019/in News /by desert_mountain

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, OTC: DMEHF) is pleased to announce that it has now been assigned a new stock symbol by FINRA for trading of its Common Shares on the U.S. OTC Market. Effective Tuesday, January 29, 2019, the Company’s Shares will trade under the symbol DMEHF. Previously, […]

Robert Rohlfing Joins Desert Mountain Energy as Head of Technical Operations and as a Director

January 17, 2019/in News /by desert_mountain

Vancouver, British Columbia — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME) is pleased to announce Mr. Robert Rohlfing has been engaged as Executive Vice-President, Head of Technical Operations of the Company and of its U.S. subsidiary, Desert Energy Corp., a Nevada corporation. In addition, Mr. Rohlfing has accepted a position as a member of the […]

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

November 23, 2018/in News /by desert_mountain

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

November 2, 2018/in News /by desert_mountain

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

October 15, 2018/in News /by desert_mountain

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

October 10, 2018/in News /by desert_mountain

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

September 18, 2018/in News /by desert_mountain

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. […]

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