Global Helium Corp. Announces Sale of Standing Well and Lands in Montana
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Global Helium Corp. (HECO) has successfully sold a standing well and associated mineral rights in Montana to an arm's length helium operator for $300,000. The transaction is expected to improve the company's liquidity while maintaining focus on its core operations in Canada.
April 02, 2025 | 11:15 am
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POSITIVE IMPACT
Sale of Montana assets for $300,000 demonstrates HECO's strategic approach to portfolio management and liquidity enhancement.
Asset sale provides immediate cash infusion, reduces operational complexity, and allows focus on core Canadian helium projects.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100