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Royal Helium Enters Into Agreement To Acquire Imperial Helium

May 04, 2022

Royal Helium Ltd. and Imperial Helium Corp. announced they have entered into an agreement to effect the arm's length acquisition of Imperial by Royal through a plan of arrangement. Bennett Jones is acting for Royal Helium.

Royal controls over 1,000,000 acres of prospective helium land in southwestern and south-east Saskatchewan. All of Royals' lands are in close vicinity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to existing helium producing locations.

Imperial Helium is focused on the exploration and development of helium assets in North America, initially through the anticipated commercialization of its Steveville, Alberta helium discovery.

More information on the arrangement, its strategic highlights and benefits are available here.

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  • Brent W. Kraus Brent W. Kraus, Partner

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