Latest: DESERT MOUNTAIN ENERGY CLOSES PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF $22 MILLION
Andrew O’Donnell catches up with Robert Rohlfing, CEO and Executive Chairman of Desert Mountain Energy.
DESERT MOUNTAIN ENERGY CLOSES PUBLIC OFFERING OF UNITS FOR GROSS PROCEEDS OF $22 MILLION
March 24, 2023
The Company is pleased to announce the closing of its previously announced “best efforts” public offering of 11,300,000 units of the Company (each, a “Unit”) at a price of C$1.95 per Unit (the “Issue Price”) for gross proceeds of C$22,035,000, which includes the partial exercise of the Over-Allotment Option (as defined below) (the “Offering”). Desert Mountain Energy Corp. (TSX.V – DME) is a forward-looking resource company actively engaged in the exploration and development of Helium and Noble Gas properties in the U.S. Southwest, with its executive offices in Vancouver, Canada. Currently, the company holds +90,000 acres of land in Arizona, the world’s best address for Helium.