DESERT MOUNTAIN ENERGY ANNOUNCES PRIVATE PLACEMENT OFFERING
Desert Mountain Energy Corp. (DMEHF) has announced a non-brokered private placement offering to raise up to CAD $2 Million. The company will offer up to 8 million units at CAD $0.25 per Unit, with each unit comprising one common share and one share purchase warrant. The warrants allow purchasing one additional share at CAD $0.35 within one year of closing.
The warrant expiry may be accelerated if the stock price reaches CAD $0.75 for at least ten consecutive trading days. Finder's fees of up to 8% in cash and 8% in finder warrants are payable. The proceeds will fund the development of the company's New Mexico natural gas and Helium projects, Arizona Helium projects, working capital, and general corporate purposes. The units will have a 4-month hold period and the placement requires TSX Venture Exchange approval.
Desert Mountain Energy Corp. (DMEHF) ha annunciato un'offerta di collocamento privato non intermediato per raccogliere fino a 2 milioni di CAD. L'azienda offrirà fino a 8 milioni di unità a 0,25 CAD per unità, con ogni unità composta da un'azione comune e un warrant di acquisto azioni. I warrant consentono l'acquisto di un'ulteriore azione a 0,35 CAD entro un anno dalla chiusura.
La scadenza dei warrant potrebbe essere accelerata se il prezzo delle azioni raggiunge 0,75 CAD per almeno dieci giorni di negoziazione consecutivi. Sono previsti compensi per i ricercatori fino all'8% in contante e all'8% in warrant per ricercatori. I proventi finanzieranno lo sviluppo dei progetti di gas naturale e elio della società in Nuovo Messico, i progetti di elio in Arizona, il capitale circolante e le spese aziendali generali. Le unità avranno un periodo di blocco di 4 mesi e il collocamento richiede l'approvazione del TSX Venture Exchange.
Desert Mountain Energy Corp. (DMEHF) ha anunciado una oferta de colocación privada no mediada para recaudar hasta 2 millones de CAD. La empresa ofrecerá hasta 8 millones de unidades a 0,25 CAD por unidad, con cada unidad compuesta por una acción ordinaria y un warrant de compra de acciones. Los warrants permiten la compra de una acción adicional a 0,35 CAD dentro de un año después del cierre.
La fecha de caducidad de los warrants puede acelerarse si el precio de las acciones alcanza 0,75 CAD durante al menos diez días de negociación consecutivos. Se pagarán comisiones a los buscadores de hasta el 8% en efectivo y el 8% en warrants para buscadores. Los ingresos financiarán el desarrollo de los proyectos de gas natural y helio de la empresa en Nuevo México, los proyectos de helio en Arizona, el capital de trabajo y los fines corporativos generales. Las unidades tendrán un período de retención de 4 meses y el colocamiento requiere la aprobación de TSX Venture Exchange.
Desert Mountain Energy Corp. (DMEHF)는 최대 2백만 캐나다 달러를 모금하기 위한 비중개 민간 배치 공모를 발표했습니다. 회사는 단위당 0.25 캐나다 달러에 최대 800만 개의 유닛을 제공하며, 각 유닛은 보통주 한 주와 주식 매입 워런트 한 개로 구성됩니다. 이 워런트는 마감일로부터 1년 이내에 0.35 캐나다 달러에 추가 주식을 구매할 수 있는 권리를 부여합니다.
주가가 0.75 캐나다 달러로 10영업일 이상 지속되면 워런트 만료가 가속화될 수 있습니다. 찾기 수수료는 현금 8%와 찾기 워런트 8%까지 지급됩니다. 수익금은 회사의 뉴멕시코 천연가스 및 헬륨 프로젝트, 애리조나 헬륨 프로젝트, 운전 자본 및 일반 기업 목적을 위한 자금으로 사용됩니다. 유닛은 4개월의 보유 기간을 가지며, 배치는 TSX 벤처 거래소의 승인이 필요합니다.
Desert Mountain Energy Corp. (DMEHF) a annoncé une offre de placement privé non médié par des courtiers visant à lever jusqu'à 2 millions de CAD. La société proposera jusqu'à 8 millions d'unités à 0,25 CAD par unité, chaque unité étant composée d'une action ordinaire et d'un bon de souscription d'actions. Les bons permettent l'achat d'une action supplémentaire à 0,35 CAD dans l'année suivant la clôture.
La date d'expiration des bons peut être accélérée si le prix de l'action atteint 0,75 CAD pendant au moins dix jours de bourse consécutifs. Des frais de recherche de l'ordre de 8% en espèces et 8% en bons de recherche seront versés. Le produit sera destiné au financement du développement des projets de gaz naturel et d'hélium de la société au Nouveau-Mexique, des projets d'hélium en Arizona, du fonds de roulement et des besoins généraux de l'entreprise. Les unités auront une période de blocage de 4 mois et le placement nécessite l'approbation de la Bourse de croissance TSX.
Desert Mountain Energy Corp. (DMEHF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 2 Millionen CAD zu beschaffen. Das Unternehmen wird bis zu 8 Millionen Einheiten zu 0,25 CAD pro Einheit anbieten, wobei jede Einheit aus einer Stammaktie und einem Kaufwarrant besteht. Der Warrant ermöglicht den Kauf einer zusätzlichen Aktie zu 0,35 CAD innerhalb eines Jahres nach Abschluss.
Das Ablaufdatum des Warrants kann beschleunigt werden, wenn der Aktienkurs für mindestens zehn aufeinanderfolgende Handelstage 0,75 CAD erreicht. Es fallen Gebühren für Vermittler von bis zu 8% in bar und 8% in Vermittlerwarrants an. Der Erlös wird zur Finanzierung der Entwicklung der Naturgas- und Heliumprojekte des Unternehmens in New Mexico, der Heliumprojekte in Arizona, des Betriebskapitals und allgemeiner Unternehmenszwecke verwendet. Die Einheiten haben eine Haltedauer von 4 Monaten, und die Platzierung erfordert die Genehmigung der TSX Venture Exchange.
- Raising additional CAD $2 Million in capital for project development
- Warrant structure provides potential for additional future funding at CAD $0.35 per share
- Potential dilution for existing shareholders through 8 million new units
- Additional dilution possible through finder's warrants
- 4-month hold period restricts immediate trading of new shares
Insights
This private placement represents a significant capital raising initiative for Desert Mountain Energy, though the terms warrant careful scrutiny. At
The warrant structure includes a notable acceleration clause triggered at
The financing terms reflect current market challenges for junior resource companies, with the unit price representing a discount to recent trading levels. The inclusion of a full warrant and potential
Strategic implications are mixed: while the capital infusion supports critical project development, the dilutive financing at these levels suggests alternatives available. The focus on New Mexico and Arizona helium projects aligns with the company's core strategy, but execution will be key to justifying the dilution. Investors should monitor the use of proceeds and development milestones closely in the coming quarters.
TSX.V: DME
Each Unit will consist 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 from the date of the closing at a price of CAD
The Units will be subject to a 4-month hold period. The private placement is subject to the approval of the TSX Venture Exchange.
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, natural gas and condensate. 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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