- May 11, 2022
- 2 min read

Western Sierra plans Equity Raise for Helium Development

Western Sierra Resource Corporation (WSRC), a US based natural resource explorer, has laid out a plan to raise ~US$25 million to boost helium exploration on its assets in Colorado along with other purposes such as debt retirement and cultivation of industrial hemp. It has 12 helium prospects and plans to drill one a month over the following year. WSRC announced mid-2021 that it had entered into negotiations with a third-party exploration company to develop the 25,000-acre FCHPA Helium Production Project in the Four Corners Area.

Want to read more?

Subscribe to www.akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Guanggang Gas to Invest ~US$55 mm for Helium Production in China

According to a social media report, Guanggang Gas announced signing of an investment agreement with Hefei Economic and Technological Development Zone with the intention of investing ~US$55mm to constr

First Helium Intends to Raise C$5mm in Equity

First Helium filed a preliminary prospectus for a marketed public offering of units at C$0.09/unit, aiming to raise ~C$5mm or C$4.3mm net of fees. Each unit comprises one share and one purchase warran

Global Helium Reports Q3'23 Results

The company drilled, logged, and cased its first helium well in Southeast Alberta along the Manyberries Helium trend. Subsequently, an additional well was completed, leading to the option to lease mor