SASKATOON, SK, Aug. 29, 2022 (Royal Helium PR) –– Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) is pleased to announce that it has entered into a long-term agreement with a major North American space launch company for the supply of helium. Initial deliveries under the supply agreement will commence in 2023.
Royal is also pleased to announce that with the engineering of its initial processing facilities largely complete, supply and construction contracts are currently being awarded. The Company will be constructing two initial facilities, the first at Steveville, Alberta and the second at Climax, Saskatchewan. The combined throughput capacity of the plants will be 20,000 mcf/day (20 million cubic feet per day gas input).
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