#Canada #Vancouver #Private Placement #Desert Mountain Energy #DME

Desert Mountain Energy Announces Non-Brokered Private Placement Offering

Desert Mountain Energy Corp. (TSXV: DME, U.S. OTC: DMEHF, Frankfurt: QM01), headquartered in Vancouver, BC, has made a significant announcement regarding a non-brokered private placement offering. The company is set to raise up to C$275,000 by selling units at an attractive price of C$0.25 each.

Details of the Offering

The offering includes 1.1 million units, where each unit consists of one common share of the company along with one share purchase warrant. This warrant, once exercised, will allow investors to purchase an additional share for C$0.35 within one year following the closing of the offering. This structure is designed to provide an additional incentive for potential investors, promoting further ownership within the company.

To recognize contributions from finders, the company will also offer fees amounting to up to 8% in cash and 8% in finder warrants. These finder warrants can be exercised at C$0.25 per share, further enhancing the investment appeal. However, all units sold under this offering will be subject to a four-month hold period, which is a standard procedure in such private placements.

Regulatory Approval

Importantly, this private placement is subject to approval from the TSX Venture Exchange, highlighting the importance of compliance with regulatory standards, as the process moves forward. This step ensures that all offerings align with market regulations, keeping investors' best interests at heart.

About Desert Mountain Energy Corp.

Desert Mountain Energy Corp. is a publicly traded resource company that actively engages in the exploration and production of helium, hydrogen, and natural gas. Committed to efficient helium extraction, the company sources these essential elements from various raw gas combinations. By focusing on environmentally responsible practices, Desert Mountain Energy aims to support industries deemed crucial for the renewable energy sector and high technology markets.

Robert Rohlfing, the Executive Chairman and CEO, expresses optimism about the upcoming private placement. He emphasizes the operational goals aimed at developing sustainable energy solutions that serve both the environment and technological advancements.

The company’s forward-looking statements suggest an anticipated expansion in operations that will not only benefit its own valuation but also contribute positively to broader market trends. However, potential investors are cautioned about existing uncertainties that may affect operational outcomes, such as market shifts in helium pricing and changes in governmental regulations.

Forward-Looking Statements

As indicated in their press releases, Desert Mountain Energy's progress is contingent upon numerous factors, including environmental, regulatory, and economic conditions. With the high demand for clean energy solutions rising, the company remains optimistic about its future endeavors despite these variables.

In summary, Desert Mountain Energy Corp.'s recent private placement is a strategic move aimed at acquiring additional funding necessary for their operations, facilitating objectives that align with both market growth and sustainability. Investors and stakeholders can look forward to further announcements as the company navigates through this process.