Keranic Industrial Gas Announces Acquisition of Royal Helium Ltd., Including All Core Area Helium Assets, $9.5 Million in New Financings, Planned Public Relisting of Equity and Near-Term Restart of Plant Facility and Helium Sales

Saskatoon, Saskatchewan--(Newsfile Corp. - June 24, 2025) - Keranic Industrial Gas Inc. ("Keranic" or the "Company") is pleased to announce that it has entered into a binding 60-day exclusivity agreement with Royal Helium Ltd., Royal Helium Exploration Limited, and Imperial Helium Corp. (collectively, "Royal Helium") for a proposed business combination ("Transaction"), subject to the approval of the Court of King's Bench of Alberta and conditional approval from the TSX Venture Exchange (the "TSXV"). The Transaction includes Royal Helium's four core...

2025-06-24 9:30 AM EDT