Royal Helium closes deal to acquire Imperial Helium
- AKAP
- Jul 21, 2022
- 2 min read
Royal Helium has now acquired all of the issued and outstanding common shares in the capital of Imperial Helium in exchange for common shares in the capital of Royal on the basis of 0.614 of a Royal share for each Imperial common share. The arrangement was approved at the special meeting of Imperial shareholders held on July 12, and by the Supreme Court of British Columbia on July 15, 2022. Effective at the close of business on July 25, 2022, the common shares of Imperial Helium Corp. will be delisted from the TSX Venture Exchange at the request of Imperial.