American Helium announces that Mr. Frank Jacobs has resigned as President, CEO and Director of the Company effective immediately. The Board thanks Mr. Jacobs for his contributions during his tenure with the Company and we wish him the best in his future endeavours. Mr. Lawrence Pemble will assume the role of interim CEO. For more information about American Helium, please visit www.amerihelium.com.
American Helium Mr. Lawrence Pemble, CFO and Director, reports that the Company has been working to secure additional funding in order to advance its helium property exploration programs. In addition to the Company's acreage in Carbon County, Utah, the Company has been looking into acquiring additional acreage which would be followed by requirement to fund seismic and drilling programs. At this time funding of work [...]
American Helium a resource exploration company focused on the global growth of technology-driven demand for helium. The Company was formed in 2017 around the Bruin Point acreage in Utah. The new corporate activity immediately attracted a number of other opportunities and the Company executed agreements with Yankee Resources and Holbrook Basin Energy LLC, relating to projects in Eastern Colorado and the Holbrook Basin [...]
American Helium is pleased to report it has filed official notification of intent regarding its upcoming workplan activities in Utah. As part of the expansion of operations at the Company's Utah acreage, American Helium is undertaking preparations for the drilling of an exploration well, and as part of that process a Notice of Staking has been filed with the offices of the Bureau of Land Management.
Bruin Point Helium proposes to change its name to "American Helium Inc." The name change was approved by the board of directors, in accordance with the articles of the Company, and is subject to the approval of the TSXV. David Sidoo, Chairman says: "Due to the nature of our exploration and development work, we have decided to change the Company name to American Helium Inc.; branding we felt was more indicative of our [...]
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