CALGARY, Alberta, Nov. 13, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has completed its field survey activities and selected the surface location for its Leduc anomaly test well planned for drilling this winter. The survey will be... Read More

CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) , today announced the closing of its upsized non-brokered private placement financing which was previously announced in the Company’s press release dated October 16, 2024 and October 21, 2024. First Helium issued 60,666,671 units (“Units”) at a price of $0.06 per Unit for gross... Read More

CALGARY, Alberta, Oct. 21, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) is pleased to announce its intention to increase the size of its previously announced non-brokered private placement financing (October 16, 2024) from C$2,500,000 to C$3,000,000. The Company will now issue up to 50,000,000 Units of the Company (“Units”) at a price of $0.06 per Unit,... Read More

CALGARY, Alberta, Oct. 16, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced a non-brokered private placement financing (the “Private Placement Offering”) of 41,666,667 Units of the Company (“Units”) at a price of $0.06 per Unit, for aggregate gross proceeds of C$2.5 million. Each Unit will be comprised of one common share in the capital of the... Read More

CALGARY, Alberta, Sept. 03, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today confirmed details of a webinar to highlight First Helium’s plans to test key exploration targets at the Company’s 100% owned Worsley property in Northern Alberta during the fourth quarter of 2024. Based on a thorough evaluation of recently acquired proprietary 3D seismic data,... Read More

CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced details of a webinar to highlight First Helium’s plans to test key exploration targets at the Company’s 100% owned Worsley property in Northern Alberta during the fourth quarter of 2024. Based on a thorough evaluation of recently acquired proprietary 3D seismic data,... Read More

CALGARY, Alberta, July 10, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced plans to test key exploration targets at the Company’s 100% owned Worsley property in Northern Alberta, along with key corporate activities, in the second half of 2024.... Read More

CALGARY, Alberta, July 03, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) is pleased to announce a meaningful development at its Worsley property. “Over the past several months, our team has been working to complete the evaluation of proprietary 3D seismic... Read More

CALGARY, Alberta, June 19, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC) , today announced it has engaged the services of ICP Securities Inc. (“ICP”) to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable... Read More

ALGARY, Alberta, April 04, 2024 (GLOBE NEWSWIRE) -- First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), today announced the closing of its non-brokered private placement financing which was previously announced in the Company’s press release dated January 23, 2024. First Helium issued 66,173,000 units (“Units”) at a price of $0.05 per Unit for gross proceeds of $3,308,650 (the... Read More

CALGARY, AB , Nov. 30, 2023 /CNW/ - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) (the " Company " or " First Helium ") announces that it has filed a preliminary short form prospectus (the " Prospectus ") with the securities commissions in each of the Provinces of Canada (other than Quebec ) (the " Canadian Jurisdictions "), in connection with a marketed public offering (the " Offering ") of units of the Company... Read More

Calgary, Alberta--(Newsfile Corp. - November 10, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company") , an exploration and development company with properties in Northern and Southern Alberta, at the request of CIRO, announces a clarification to its news release issued on November 8 th , 2023. In its release, the Company stated: "In addition to high probability oil targets, First... Read More

Finalizes Completion Plans for Horizontal Helium Target Well Calgary, Alberta--(Newsfile Corp. - November 8, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company"), an exploration and development company with properties in Northern and Southern Alberta, is pleased to announce it has commenced preparations to bring its gas gathering pipeline infrastructure into service in... Read More

Company Prepares for Oil Target Drill Testing and Prioritizes Additional Drilling Targets Calgary, Alberta--(Newsfile Corp. - October 26, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company"), an exploration and development company with properties in Northern and Southern Alberta, is pleased to announce that its two 100% owned oil wells, 1-30 and 4-29, have cumulatively produced... Read More

Company Prioritizes Oil Targets and Finalizes Helium Processing Facility Design and Vendor List Calgary, Alberta--(Newsfile Corp. - October 4, 2023) - First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) ("First Helium" or the "Company"), a helium exploration and development company with properties in Northern and Southern Alberta, is pleased to provide an update regarding its Worsley helium production facility... Read More

Building on Worsley Exploration Model Success CALGARY, AB , July 11, 2023 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), a helium exploration and development company with properties in Northern and Southern Alberta , is pleased to provide an update on its recently completed 5,200 acre proprietary 3D seismic program over a portion of its most recently acquired lands at... Read More

Summarizes Key Remaining 2023 Objectives and Past Project Development Achievements CALGARY, AB , July 5, 2023 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), a helium exploration and development company with properties in Northern and Southern Alberta , is pleased to provide a summary of some of its key remaining 2023 objectives and past achievements since listing in... Read More

Arrangement Calls for Sale of up to $US100 Million of Helium During First 5 Years CALGARY, AB , May 24, 2023 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), is pleased to announce that it has entered into a long-term "take-or-pay" helium supply agreement (the "Agreement") with a major global industrial gas supplier (the "Purchaser") to sell helium gas production from its... Read More

Company Completes 3D Seismic Program at Worsley CALGARY, AB , April 11, 2023 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), today announced that it has exercised an option to acquire 640 acres of highly prospective helium exploration lands at Dixonville which are located nearby existing well penetrations with indicated grades, or helium concentrations, ranging from 1.7% to... Read More

Company Highlights Drill-Ready Location on its Southern Alberta Helium Lands CALGARY, AB , Feb. 8, 2023 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), today announced that it has commenced work on its proprietary 21 km 2 (or approximately 5,200 acres) 3D seismic data acquisition program over recently acquired lands at its Worsley property. The program will focus on a... Read More

CALGARY, AB , Dec. 22, 2022 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), today announced the closing of the non-brokered private placement financing (the "Offering) disclosed on November 30, 2022 . First Helium issued 12,192,000 units ("Units") at a price of $0.20 per Unit for gross proceeds of $2,438,400 . All monetary figures in Canadian Dollars. Each Unit will consist... Read More

Company to Optimize Oil Production Rates at Worsley CALGARY, AB , Dec. 15, 2022 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), today announced that it has received the necessary regulatory approvals to commence operation of its water disposal well at the Worsley Oil Battery. The Company is activating disposal operations immediately to facilitate increased oil production... Read More

VANCOUVER, BC , Nov. 30, 2022 /CNW/ - First Helium Inc. ("First Helium" and / or the "Company") (TSXV: HELI) is pleased to announce a non-brokered private placement whereby the Company will issue up to 10,000,000 Units (the "Units") for total gross proceeds of up to $2,000,000 . Each Unit will be issued at a price of $0.20 and consist of one common share (a " Common Share ") in the capital of the Company and one common share... Read More

CALGARY, AB , Nov. 28, 2022 /CNW/ - First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC) , is pleased to provide the results of its Annual and Special Meeting of Shareholders which was held on November 2, 2022 . In addition, First Helium recently revised its corporate website, which includes an updated investor slide deck. The website is accessible at www.firsthelium.com . At the Annual... Read More

Company Acquires Over 25,000 Acres of Land at Worsley First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQX: FHELF) (FRA: 2MC), today announced that it has completed drilling and cased the 14-23 horizontal well for future completion as a potential gas well, with helium content, that would coincide with the planned installation of a helium processing facility at Worsley. The Company also announced that it... Read More

Receives $1.2 Million for Oil Deliveries in June First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it has received a reserve report from its independent evaluator, prepared in accordance with "NI 51-101" guidelines, indicating Total Proved plus Probable ("2P") gross reserves of 505,100 barrels of light oil with corresponding NPV 10% of $24.6 million 1,2 , for its... Read More

First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced the commencement of drilling its third exploration well, the "14-23" target, which is located on First Helium's 100% owned, 79,000 acre Worsley landholdings in Northern Alberta, Canada . Targeting multiple helium-bearing formations, successful drilling of the 14-23 well will potentially add incremental contingent... Read More

Drilling of the "14-23" Helium Target Well Planned for Mid-July First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it has received its license from the Alberta Energy Regulator ("AER") to drill its third exploration well, the " 14-23 ", which is located on First Helium's 100% owned, 79,000 acre Worsley landholdings in Northern Alberta, Canada . The Company expects... Read More

Reports Average Daily Oil Production of 520 BBL/D Over Last Five Days First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it has received $1.2 million for light oil volumes that the Company delivered for sale during the month of April. Cash flow from the light oil sales will continue to be deployed to help fund the Company's ongoing helium exploration and... Read More

Plans to Capitalize on Attractive Outlook for Helium and Natural Gas Pricing First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it plans to drill two prospective helium targets commencing late Q2 at its 100% owned, 79,000 acre Worsley Property in Alberta, Canada . The wells will target potential natural gas accumulations which are expected to contain commercial... Read More

Combined April Net Revenue of Approximately $1.4 Million Expected From 1-30 and 4-29 Wells First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it brought the 4-29 light oil well into production on April 8th, 2022 . During the month, the Company produced the well at... Read More

Company also Received DTC Eligibility Approval First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it has received cash proceeds of approximately $1,200,000 for March light oil production from the 1-30 well and an additional $485,000 in warrant exercise proceeds. The... Read More

1-30 Oil Well Pays Out in Less than Two Months First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it has received an additional $1.87 million in proceeds from recent warrants exercises. In addition, based on expected March pricing and associated government royalty rate escalation as a result of well payout, the Company anticipates receiving revenue of... Read More

First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced a significant positive change to the Company's balance sheet based on ongoing payments from light oil production and cash proceeds from the exercise of previously issued warrants. Strong revenues continue through the... Read More

Significant Additional Production Revenue Anticipated in Q2/2022 First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTC: FHELF) (FRA: 2MC), today announced that it has drilled, completed and tested the Company's second exploration well on the Company's Worsley Property (the "4-29" ). Upon completion of well... Read More

Follow Up to Successful 1-30 Discovery Well First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (FRA: 2MC) , today announced the commencement of drilling its second exploration well, the “ 4-29 ” target, which is located on First Helium’s 100% owned, 79,000 acre Worsley landholdings in Northern Alberta, Canada. Targeting multiple helium gas horizons and potential light oil accumulations, drilling of the 4-29... Read More