DME News Releases – Page 7 – Desert Mountain Energy-TSX-V: DME

DESERT MOUNTAIN ENERGY ANNOUNCES PRIVATE PLACEMENT REPRICING

June 28, 2022

Due to general negative market pressures over the weeks, and a corresponding reduction in the Company’s trading price, the Company will be reducing the per unit price of the private placement announced June 8 and 21, 2022.

DESERT MOUNTAIN ENERGY ANNOUNCES 50% INCREASE IN PRIVATE PLACEMENT TO CAD $7.5 MILLION

June 21, 2022

The Company is pleased to announce that due to greatly increased demand, it is increasing the size of its non-brokered private placement offering recently announced on June 8, 2022.

DESERT MOUNTAIN ENERGY ANNOUNCES PRIVATE PLACEMENT

June 8, 2022

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 up to CAD $5 Million.

DESERT MOUNTAIN ENERGY RECEIVES PERMITS FOR TWO NEW HELIUM WELLS IN ARIZONA

June 7, 2022

The Company is pleased to announce that it has received permits for the next two helium wells in Arizona. The Gunnar Dome wildcat prospect is approximately 16 miles east of the McCauley Helium Field.

DESERT MOUNTAIN ENERGY APPOINTS MARTA HODAN WASKO AS VICE PRESIDENT OF GEOLOGY

June 1, 2022

The Company is pleased to announce that it has added Marta Hodan Wasko as VP of Geology. Marta is a petroleum geologist with a focus on sedimentology and stratigraphy with multiple years of experience in exploration, development, reservoir characterization, and wastewater injection.

DESERT MOUNTAIN ENERGY REPORTS HELIUM GRADES AVERAGING OVER 3.5% IN McCAULEY HELIUM FIELD OFFSET’S

May 11, 2022

Desert Mountain Energy Corp. (DME) is pleased to announce that Helium concentrations in Offset Wells #5, #6 & #7 were higher than originally found in Discovery Well #4. The average Helium percentage makeup using combined starting flow rates from the offsets was…

DESERT MOUNTAIN ENERGY BEGINS FABRICATION WORK ON THE McCAULEY HELIUM PROCESSING FACILITY

May 5, 2022

Desert Mountain Energy’s contractor, GENERON, has begun fabrication of the McCauley Helium Processing Facility. The processing facility is the first solar-powered helium processing facility in the world.

DESERT MOUNTAIN ENERGY COMPLETES CASED HOLE COMPLETION WORK ON WELL 5 AND 6

May 2, 2022

Desert Mountain Energy Corp. (DME) is pleased to announce that it has completed cased hole work on Wells 5 and 6. Completion work on Well 7 is anticipated to be completed later this week.