Global Helium has acquired over 15 contiguous sections of tested and proven helium property in the Rudyard area of Montana.
The Canadian helium exploration firm on Wednesday (8th June) confirmed its second US acquisition in the last two months in the structure, which has previously produced and tested 1.3% helium at significant flow rates.
As part of the signed agreement, Global Helium can choose to increase its landholdings by over 60% to over 24 sections.
Jesse Griffith, President of Global Helium, said, “The Rudyard acquisition is a monumental step forward for our shareholders, as it provides an immediate pathway to thrust Global into a helium producing, cash-flowing company.”
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