OTC Markets Group welcomes First Helium Inc. to OTCQX

Content of the article

NEW YORK, Aug. 11, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced First Helium Inc. (“First Helium” or the “Company”) (TSX-V: HELI; FRA: 2MC; OTCQX: FHELF), a helium exploration and development company, has qualified to trade on the OTCQX® Better Market. First Helium Inc. transitioned to OTCQX from the OTCQB® Venture marketplace.

First Helium Inc. begins trading today on OTCQX under the symbol “FHELF”. US investors can find the company’s current financial information and real-time Level 2 quotes at www.otcmarkets.com.

Advertisement 2

Content of the article

The OTCQX market is designed for established, investor-focused US and international businesses. To be eligible for the OTCQX, companies must meet high financial standards, follow best practices in corporate governance and demonstrate compliance with applicable securities laws. The transition to the OTCQX market from the OTCQB market marks an important step for companies, allowing them to demonstrate their qualifications and increase their visibility with American investors.

“We are extremely pleased to transition to trading on the OTCQX market,” said Ed Bereznicki, President and CEO of First Helium. “This achievement will help provide our current and future investors with greater liquidity and broader access to the growing helium exploration and development industry,” Bereznicki added.

Advertisement 3

Content of the article

About First Helium Inc.
First Helium Inc. (TSXV:HELI) is a helium exploration and development company registered in British Columbia, Canada. He focuses on the exploration and development of helium reserves in the Western Canadian Sedimentary Basin. Helium is an often overlooked commodity that has high economic value due to its unique physical properties, with increasing demand from high-tech, industrial, medical and scientific research and limited new sources of supply. Its main property, located in Worsley, Alberta, Canada, is anchored by a successful helium discovery well that the Company plans to bring into production and has regional access to key helium processing and liquefaction infrastructure. helium in the western and central United States. First Helium has identified numerous follow-on drilling locations and acquired an extensive infrastructure system to facilitate future helium exploration and development at its major land base in Worsley. In addition to the Worsley Project, the Company has identified a number of high-impact helium exploration targets across its vast prospect territory in southern Alberta to help establish a second core zone.

Advertisement 4

Content of the article

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for the trading of 12,000 US and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Cheapest, OTCQB® Venture Market and Rose® Open market.

Our OTC link® Alternative Trading Systems (ATS) provide essential market infrastructure that brokers rely on to facilitate trading. Our innovative model provides businesses with more efficient access to US capital markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, Member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

Subscribe to the OTC markets RSS feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

Advertising

comments

Postmedia is committed to maintaining a lively yet civil discussion forum and encourages all readers to share their views on our articles. Comments can take up to an hour to be moderated before appearing on the site. We ask that you keep your comments relevant and respectful. We have enabled email notifications. You will now receive an email if you receive a reply to your comment, if there is an update to a comment thread you follow, or if a user follows you comments. See our Community Guidelines for more information and details on how to adjust your email settings.

Leave a Comment

Your email address will not be published.