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Grand Gulf Strategic Alliance with Paradox Resources

Grand Gulf Energy has entered into a Strategic Alliance with midstream company Paradox Resources to fast-track and optimise commercial opportunities that exist in the helium market. The offtake agreement entails the Red Helium Project to be a potential priority supplier to re-start the Paradox liquefier which is capable of producing high purity 99.9995% helium. The deal will also include marketing to high purity end users, expanding the existing offtake agreement, and developing options for CO2 disposal.

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