Desert Mountain Energy Completes Third Tranche of Private Placement Offering

Desert Mountain Energy Corp., a resource company primarily engaged in exploring, developing, and producing helium, has announced the successful closure of its third tranche of a non-brokered private placement. This funding initiative, originally unveiled on February 4, 2025, has been a significant financial boost for the company.

On May 2, 2025, Desert Mountain Energy disclosed that it raised C$215,000 through the issuance of 860,000 units priced at CAD $0.25 per unit. The total amount raised from all tranches combined now sits at an impressive C$971,500 through the issuance of 3,886,000 units. Importantly, the remainder of this private placement will continue to be available until May 16, 2025, enabling further investments and support for the company’s strategies moving forward.

Each unit in this offering comprises one common share and an accompanying share purchase warrant. The warrants entitle investors to purchase an additional share for a period of one year at a price of CAD $0.35, which will expire on May 2, 2026. The company has also indicated that if the closing price for its common shares achieves or exceeds CAD $0.75 for a stretch of ten consecutive trading days, the expiration date could be advanced.

In the previous tranche, finder’s fees included warrants totaling 68,800 and a cash amount of $17,200, reflecting the company’s commitment to rewarding those aiding in funding efforts. Despite the ongoing complexities in the market, this proactive fundraising approach emphasizes the company’s determination to strengthen its operational foothold in the energy sector.

About Desert Mountain Energy Corp.

Desert Mountain Energy Corp. is publicly traded and focuses on producing critical elements like helium, hydrogen, natural gas, and condensate. The company prioritizes an environmentally responsible approach to helium extraction, underlining its value within the renewable energy and high technology sectors. This strategic orientation positions the company as a key player in providing elements that are increasingly essential in today’s economy.

As noted in statements from the company’s leadership, including Executive Chairman and CEO Robert Rohlfing, the outlook remains optimistic despite potential market uncertainties and fluctuations in resources such as helium.

The initiatives being undertaken not only signal growth and opportunities in various sectors but also reflect a broader commitment to innovative practices and sustainable resource management. Investors and stakeholders are advised to monitor developments closely, as updates regarding further drilling activities and exploration timelines will be communicated. With the ongoing support of investors through this private placement, Desert Mountain Energy aims to solidify its position in the rapidly evolving energy landscape.

In conclusion, Desert Mountain Energy’s recent financial milestones demonstrate both strong investor confidence and the company’s potential to navigate the challenges of the energy market. Stakeholders can remain hopeful about the future as the company advances its projects and strategies in tapping into the vital resources of helium and other gases.

This article serves to inform readers of significant developments within Desert Mountain Energy Corp and should be viewed in the context of the company's broader strategic goals as they continue to evolve.