Desert Mountain Energy Announces Appointment of Jessica Davey as VP of Land & Board of Directors

Rhea-AI Summary

Desert Mountain Energy Corp. has appointed Jessica Davey as VP of Land and to its Board of Directors. With over ten years of international oil and gas expertise, she specializes in resource evaluation and environmental studies. This appointment enhances the company's commitment to diversity, achieving over 40% female representation on its board. Additionally, Robert Rohlfing transitions to Executive Chairman and CEO, while Don Mosher takes on the President role. These leadership changes aim to bolster the company's growth in the helium sector.

Positive

• Appointment of Jessica Davey adds expertise in resource evaluation and environmental studies.
• Company achieves over 40% female representation on its board, enhancing diversity.

Negative

• None.

TSXV: DME 
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, July 13, 2021 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP.  (the "Company") (TSXV: DME) (OTC: DMEHF) (FRA: QM01) From the President of the Company.

Desert Mountain Energy Corp. is pleased to announce that in its ongoing efforts to actively seek out the most qualified and diverse board members in keeping with corporate policy, the company has appointed Jessica Davey as VP of Land and to the Board of Directors. Jessica is an international oil and gas geologist with over ten years of experience in research and reporting on resource evaluation, environmental studies, feasibility reports, competent persons reports, litigation support and mine closure procedures. Her recent experiences include working with the economic evaluation of helium projects, as well as environmental, Indigenous, federal state and local jurisdictional issues. "We are extremely pleased to have Jessica joining our team as we look to quickly grow the company. She brings an additional highlight to the board and will add her years of experience to Desert Mountain Energy's already diverse and knowledgeable team," said Desert Mountain Energy Corps. CEO, Robert Rohlfing.

With the appointment of Jessica to the Board of Directors, Desert Mountain Energy has now moved to the forefront as the only public traded helium company and as one of the few resource companies that trade on the OTCQX, NASDAQ, AMEX or NYSE, to have over 40% women on the board.

The Company also wishes to announce that Robert Rohlfing is now the Executive Chairman and CEO with Don Mosher assuming the President role.

ABOUT DESERT MOUNTAIN ENERGY

Desert Mountain Energy Corp. is a publicly traded exploration and resource company focused on the discovery and development of rare earth gas fields in the U.S.  The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.

We seek safe harbor

"Robert Rohlfing"
Robert Rohlfing
Chairman & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties.  Actual events or results may differ from the Company's expectations.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forwardlooking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.

Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.

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SOURCE Desert Mountain Energy Corp.

FAQ

Who is Jessica Davey and what is her role at Desert Mountain Energy?

Jessica Davey is appointed as VP of Land and to the Board of Directors, bringing over ten years of experience in oil and gas geology.

What changes occurred in the leadership at Desert Mountain Energy?

Robert Rohlfing is now Executive Chairman and CEO, while Don Mosher has assumed the role of President.

How does the appointment of Jessica Davey impact Desert Mountain Energy's board diversity?

With Jessica's appointment, Desert Mountain Energy achieves over 40% female representation on its board, positioning it as a leader in corporate diversity.

What is the focus of Desert Mountain Energy Corp.?

Desert Mountain Energy Corp. focuses on the discovery and development of rare earth gas fields in the U.S., particularly elements critical to renewable energy.