Increased Landholdings Sends Micro Cap Higher

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, January 25, 2022

A Calgary-based micro cap that is one of North America’s largest helium exploration and development companies, announced this morning that it has acquired additional acreage in southern Saskatchewan’s “helium fairway,” advancing the Company’s 100%-owned acreage to over 1.5 million acres, according to the release. This sent shares of Global Helium (OTCPK:HECOF) (CSE:HECO) higher on Tuesday.

Global Helium is focused on the exploration, acquisition, development, and production of helium to meet the needs of increasing helium demand and shrinking helium supply in North America and around the world. The Company has a seasoned team of industry professionals and technical experts and has established connections with North American and international helium buyers. Together, the team has captured 100%-owned permits encompassing hundreds of thousands of acres prospective for helium in Saskatchewan's well-established helium fairway.

Traders were bullish on the news as shares trading OTC climbed up to $0.962/share (+11.86%) at the early session high. This move is the first sign of life over the last month for this stock and is a glimmer of hope for long-term shareholders.

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