representative work

Total Helium Acquires Brooks Range and Lists on the TSX Venture Exchange


On November 8, 2021, Total Helium Ltd. acquired of all of the outstanding share capital of Brooks Range Corporation from Brooks Energy Company for a one-time cash payment of US$1.15 million.  Brooks Range is a privately-held Colorado corporation which controls the rights to the Helisium Project, consisting of approximately 86,000 acres of oil and gas leases in the States of Kansas and Colorado, a farmout agreement and certain helium pre-purchase payments.  In connection with completion of the acquisition, Total Helium completed a private placement financing to raise proceeds of $12.5 million.

On November 11, 2021, Total Helium began trading its common shares and common share purchase warrants on the TSX Venture Exchange under the ticker symbol “TOH”.

Cassels acted for Total Helium.

RELATED EXPERTISE: Securities | Mergers & Acquisitions | Energy