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Global Helium Corp. Announces Sale of Standing Well and Lands in Montana

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Global Helium Corp (CSE: HECO, OTC: HECOF) has announced the successful sale of assets in the Rudyard area of Montana, comprising one standing well and one section of associated mineral rights. The transaction, valued at USD $300,000, was completed with an arm's length helium operator. The company states this divestment will improve its liquidity position as it maintains focus on its core Canadian operations.

Global Helium Corp (CSE: HECO, OTC: HECOF) ha annunciato la vendita con successo di beni nell'area Rudyard del Montana, comprendente un pozzo attivo e una sezione di diritti minerari associati. La transazione, del valore di USD $300.000, è stata completata con un operatore di elio indipendente. L'azienda afferma che questa dismissione migliorerà la sua posizione di liquidità mentre mantiene l'attenzione sulle sue operazioni principali in Canada.

Global Helium Corp (CSE: HECO, OTC: HECOF) ha anunciado la exitosa venta de activos en el área de Rudyard en Montana, que comprende un pozo en funcionamiento y una sección de derechos minerales asociados. La transacción, valorada en USD $300,000, se completó con un operador de helio independiente. La compañía afirma que esta desinversión mejorará su posición de liquidez mientras mantiene el enfoque en sus operaciones centrales en Canadá.

Global Helium Corp (CSE: HECO, OTC: HECOF)는 몬타나의 루드야드 지역에서 자산의 성공적인 판매를 발표했습니다. 여기에는 하나의 운영 중인 우물과 관련된 광물 권리가 포함됩니다. USD $300,000의 가치가 있는 이 거래는 독립적인 헬륨 운영자와 완료되었습니다. 회사는 이번 자산 매각이 유동성 위치를 개선할 것이며 캐나다의 핵심 운영에 집중할 것이라고 밝혔습니다.

Global Helium Corp (CSE: HECO, OTC: HECOF) a annoncé la vente réussie d'actifs dans la région de Rudyard dans le Montana, comprenant un puits en activité et une section de droits miniers associés. La transaction, d'une valeur de USD $300,000, a été réalisée avec un opérateur d'hélium indépendant. La société déclare que cette cession améliorera sa position de liquidité tout en maintenant son attention sur ses opérations principales au Canada.

Global Helium Corp (CSE: HECO, OTC: HECOF) hat den erfolgreichen Verkauf von Vermögenswerten im Rudyard-Gebiet in Montana bekannt gegeben, das einen aktiven Brunnen und einen Abschnitt damit verbundener Mineralrechte umfasst. Die Transaktion, die mit USD $300.000 bewertet wurde, wurde mit einem unabhängigen Helium-Betreiber abgeschlossen. Das Unternehmen erklärt, dass diese Veräußung seine Liquiditätslage verbessern wird, während es sich auf seine Kernaktivitäten in Kanada konzentriert.

Positive
  • Received USD $300,000 cash injection improving liquidity
  • Strategic divestment of non-core assets to focus on Canadian operations
Negative
  • Reduction in company's asset portfolio

CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to announce the successful sale of one standing well and one section of associated mineral rights located in the Rudyard area of Montana. The purchaser of the assets was an arm’s length helium operator, and the Company received cash consideration of USD $300,000.00 for the sale. The sale is expected to enhance the company's liquidity while it continues to focus on its core operations in Canada.

About Global Helium Corp.

Global Helium is a Canadian helium exploration and development company, focused on the exploration, acquisition, development, and production of helium, done right. The Company has carved out a differentiated position through a unique Farm-In Agreement with industry veteran, Rubellite Energy Corp., through which HECO can access approximately 369,000 acres in Alberta’s Manyberries helium trend via joint venture. HECO brings a seasoned team of industry professionals and technical experts who have established connections with North American and international helium buyers. Learn more at https://globalhelium.com/ and follow us on LinkedIn and Twitter (now X).

For further information please contact:
  
Jesse Griffith, President & CEO
Telephone: +1 650-5766

Email: relations@globalhelium.com
  

READER ADVISORIES

Forward Looking Statements

No securities regulatory authority has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release.

This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this internal announcement are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.

The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this internal announcement are expressly qualified by this cautionary statement. The forward-looking statements contained in this internal announcement are made as of the date of this internal announcement and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE


FAQ

How much did Global Helium Corp (HECOF) receive for its Montana asset sale?

Global Helium Corp received USD $300,000 in cash consideration for the sale of one standing well and associated mineral rights in Montana.

What assets did HECOF sell in Montana's Rudyard area?

HECOF sold one standing well and one section of associated mineral rights in the Rudyard area of Montana.

Why did Global Helium Corp (HECOF) sell its Montana assets in April 2025?

The sale was made to enhance the company's liquidity while focusing on its core operations in Canada.

Who purchased Global Helium Corp's (HECOF) Montana assets?

An arm's length helium operator purchased the assets, though the specific buyer was not disclosed.
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