The two Canadian focused helium E&P companies have struck an acquisition agreement creating one of the largest diversified helium companies listed in Canada. Royal Helium has entered into an agreement to acquire Imperial Helium Corp at a 10% premium in an all share deal. This combination will create a larger entity with increased access to capital to enable the financing of ongoing exploration, development and processing plant expenditures in the region. It will also increase Royal's near-term production assets and early cash flow.
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