- Desert Mountain Energy Corp. (TSXV: DME, OTC: DMEHF) extends private placement offering by 30 days to May 16, 2025.
- The initial announcement for the private placement was made on February 4, 2025.
- The company focuses on helium, hydrogen, and natural gas exploration and production with an emphasis on environmental and economic efficiency.
Desert Mountain Energy Corp. (TSXV: DME, OTC: DMEHF) has announced a 30-day extension for its non-brokered private placement offering. The new closing date for the offering is set for May 16, 2025, providing additional time for potential investors. This private placement was originally disclosed on February 4, 2025, as part of the company's strategic initiatives.
The company, based in Surprise, United States, operates primarily in the Oil & Gas E&P sector, with a focus on extracting helium from various raw gas sources. Desert Mountain Energy is committed to environmental and economic efficiency, and it supplies critical resources to the renewable energy and high technology industries.
With a market capitalization of approximately $17.15 million and a float of 66.52 million shares, the company remains focused on advancing its exploration and production capabilities in the helium, hydrogen, and natural gas sectors. Desert Mountain Energy also holds an insiders' ownership of 5.99%, reflecting a commitment from key stakeholders in the company's growth and development.
