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Off-market insider net selling at Royal Helium (V:RHC)

Updated Tuesday Sep 27, 2022 02:04 AM EDT

Samuel Kyler Hardy, a Director, acquired 1,358,439 Common Shares on an indirect ownership basis for registered holder Cronin Capital Corp. at a price of $0.345 through a private transaction on September 19th, 2022. The insider also disposed of 2,564,064 Common Shares on an indirect ownership basis for registered holder Cronin Services Ltd. at a price of $0.345 through a private transaction on September 19th, 2022. This represents a $415,941 net divestment of the company's shares and an account share holdings change of -20.8%.

Royal Helium is in the Commodity Chemicals Sub Industry Group under the Basic Materials Sector.

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration and development of primary helium in southern Saskatchewan. The Company is helium leaseholders in Canada with land. It controls approximately 1,000,000 acres of prospective helium land in southwestern and south-east Saskatchewan. All of its lands are in close vicinity to highways, roads, cities and also close to existing oil and gas infrastructure, with a portion of its land in close proximity to existing helium producing locations. It holds approximately 348,908 hectares of prospective helium rights comprised of approximately 79 five-year permits and 21-year leases across southern Saskatchewan. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Exploration drilling was at the Climax block in the southwest resulting in the discovery of the Climax Nazare zone. Drilling in the southeastern side of the province has been initiated on the Ogema block.

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Go to Royal Helium Ltd. (RHC)'s company page

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