DESERT MOUNTAIN ENERGY ANNOUNCES CLOSING OF C$514,000 FIRST TRANCHE OF PRIVATE PLACEMENT
Desert Mountain Energy Corp (DMEHF) has successfully closed the first tranche of its non-brokered private placement, raising C$514,000 through the issuance of 2,056,000 Units at C$0.25 per Unit. Each Unit includes one common share and one purchase warrant, allowing holders to buy an additional share at C$0.35 until February 27, 2026.
The Company may accelerate warrant expiry if the stock price maintains C$0.75 for ten consecutive trading days. Finder's fees included 153,280 warrants and C$38,230 cash. Units are subject to a hold period until June 28, 2025. The company focuses on helium, hydrogen, and natural gas exploration, development, and production.
Desert Mountain Energy Corp (DMEHF) ha concluso con successo la prima tranche del suo collocamento privato non intermediato, raccogliendo C$514.000 attraverso l'emissione di 2.056.000 unità a C$0,25 per unità. Ogni unità include un'azione comune e un warrant di acquisto, che consente ai detentori di acquistare un'azione aggiuntiva a C$0,35 fino al 27 febbraio 2026.
L'azienda può anticipare la scadenza dei warrant se il prezzo delle azioni mantiene C$0,75 per dieci giorni di negoziazione consecutivi. Le commissioni per i mediatori includono 153.280 warrant e C$38.230 in contanti. Le unità sono soggette a un periodo di blocco fino al 28 giugno 2025. L'azienda si concentra sull'esplorazione, sviluppo e produzione di elio, idrogeno e gas naturale.
Desert Mountain Energy Corp (DMEHF) ha cerrado con éxito la primera tranche de su colocación privada no intermediada, recaudando C$514.000 mediante la emisión de 2.056.000 unidades a C$0,25 por unidad. Cada unidad incluye una acción común y un warrant de compra, que permite a los poseedores adquirir una acción adicional a C$0,35 hasta el 27 de febrero de 2026.
La compañía puede acelerar la expiración del warrant si el precio de las acciones se mantiene en C$0,75 durante diez días de negociación consecutivos. Las comisiones de los intermediarios incluyeron 153.280 warrants y C$38.230 en efectivo. Las unidades están sujetas a un período de bloqueo hasta el 28 de junio de 2025. La empresa se centra en la exploración, desarrollo y producción de helio, hidrógeno y gas natural.
Desert Mountain Energy Corp (DMEHF)는 비중개 사모 배치의 첫 번째 트랜치를 성공적으로 마감하고 C$514,000를 조달하였으며, C$0.25당 2,056,000 유닛을 발행했습니다. 각 유닛에는 하나의 보통주와 하나의 매수 워런트가 포함되어 있어, 보유자는 2026년 2월 27일까지 C$0.35에 추가 주식을 구매할 수 있습니다.
회사는 주가가 연속 10거래일 동안 C$0.75를 유지하면 워런트 만료를 가속화할 수 있습니다. 중개 수수료에는 153,280개의 워런트와 C$38,230의 현금이 포함되었습니다. 유닛은 2025년 6월 28일까지 보유 기간이 적용됩니다. 이 회사는 헬륨, 수소 및 천연 가스의 탐사, 개발 및 생산에 집중하고 있습니다.
Desert Mountain Energy Corp (DMEHF) a réussi à clôturer la première tranche de son placement privé non intermédié, levant C$514.000 grâce à l'émission de 2.056.000 unités à C$0,25 par unité. Chaque unité comprend une action ordinaire et un bon de souscription, permettant aux détenteurs d'acheter une action supplémentaire à C$0,35 jusqu'au 27 février 2026.
La société peut accélérer l'expiration des bons si le prix de l'action maintient C$0,75 pendant dix jours de négociation consécutifs. Les frais de recherche incluaient 153.280 bons et C$38.230 en espèces. Les unités sont soumises à une période de blocage jusqu'au 28 juin 2025. L'entreprise se concentre sur l'exploration, le développement et la production d'hélium, d'hydrogène et de gaz naturel.
Desert Mountain Energy Corp (DMEHF) hat erfolgreich die erste Tranche seiner nicht vermittelten Privatplatzierung abgeschlossen und C$514.000 durch die Ausgabe von 2.056.000 Einheiten zu C$0,25 pro Einheit gesammelt. Jede Einheit umfasst eine Stammaktie und einen Kaufwarrant, der den Inhabern das Recht gibt, bis zum 27. Februar 2026 eine zusätzliche Aktie zu einem Preis von C$0,35 zu erwerben.
Das Unternehmen kann das Ablaufdatum des Warrants vorziehen, wenn der Aktienkurs zehn aufeinanderfolgende Handelstage lang C$0,75 hält. Die Findergebühren umfassten 153.280 Warrants und C$38.230 in bar. Die Einheiten unterliegen einer Sperrfrist bis zum 28. Juni 2025. Das Unternehmen konzentriert sich auf die Erkundung, Entwicklung und Produktion von Helium, Wasserstoff und Erdgas.
- Raised C$514,000 in new capital
- Warrant exercise price of C$0.35 represents 40% premium to Unit price
- Dilutive financing at C$0.25 per Unit
- Additional dilution possible from warrant exercises
TSX.V: DME
Each Unit consists of one common share of the Company and one share purchase warrant (the "Warrants"), with each whole Warrant allowing the subscriber to purchase one additional share of the Company for a period of one year ending February 27, 2026, at a price of CAD
The Units will be subject to a 4-month plus one-day hold period expiring June 28, 2025.
ABOUT DESERT MOUNTAIN ENERGY
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and natural gas. The Company is focused on helium extraction from different raw gas sources in an environmental and economic manner, supplying elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec 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 forward looking 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
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 nor 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.
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