VANCOUVER, BC, July 7, 2023
/CNW/ - Total Helium Ltd. (TSXV: TOH), (OTCQB: TTLHF), (FRA:
Y02.F) (the "Company") is
pleased to announce that the TSX Venture Exchange has accepted for
listing 25,000,000 common share purchase warrants (each, a
"Warrant") of the Company. The Warrants were previously
issued on May 1, 2023 in connection
with a brokered private placement of special warrants (the
"Special Warrants") at a price of $0.50 per Special Warrant for gross proceeds of
$12,500,000. In accordance with the
terms of the special warrant indenture, dated May 1, 2023, between the Company
and Computershare Trust Company of Canada ("Computershare"), as special
warrant agent, each Special Warrant has been automatically
exercised into one Unit. Each Unit is comprised of one common share
of the Company, and one Warrant. Each Warrant entitles the holder
to acquire an additional common share at a price of $0.75 per share at any time up to May 1, 2025. The Warrants are subject to the
terms of a warrant indenture, dated May 1,
2023, between the Company and Computershare, as warrant
agent.
The Warrants are expected to commence trading on the TSX Venture
Exchange at the open of markets on July 11,
2023 under the symbol "TOH.WT.A".
On behalf of the Board,
Robert B. Price, Director and
CEO
Total Helium Ltd. - www.totalhelium.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Statements included in this announcement, including
statements concerning our plans, intentions and expectations, which
are not historical in nature are intended to be, and are hereby
identified as, "forward-looking statements". Forward-looking
statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar
expressions. The Company cautions readers that forward-looking
statements, including without limitation those relating to the
Company's future operations and business prospects, are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those indicated in the forward-looking
statements.
SOURCE Total Helium Ltd