VANCOUVER, BC, Feb. 28, 2022 /CNW/ - Total Helium Ltd.
(TSX-V: TOH) (OTCQB: TTLHF) ("Total Helium" or the
"Company") is pleased to announce that its common shares
are now trading on the OTCQB® Venture Market under the ticker
symbol "TTLHF".
"Admission to the OTCQB® market is part of a long-term
strategy to introduce the Company to a broader international
audience," said Robert B. Price, CEO
of Total Helium. "This provides us with a trading platform for
current and future American investors as well as a means of
increasing our international visibility."
The OTCQB® Venture Market is for early-stage and developing
U.S. and international companies. To be eligible, companies must be
current in their financial reporting and undergo an annual
verification and management certification process. The
OTCQB® quality standards provide a strong baseline of
transparency, as well as the technology and regulation to improve
the information and trading experience for investors.
Investors can find current financial disclosure and quotes for
the company
on https://www.otcmarkets.com/stock/TTLHF.
Total Helium will continue to trade on the TSX Venture Exchange
(TSX-V) under its existing symbol "TOH".
Re-Price of Incentive Stock Options
Additionally, the Company announces that it has re-priced a
total of 750,000 outstanding five-year stock options held by a
public relations firm to an exercise price of $1.08 per share. The options were previously
exercisable at a price of $1.00 and
will continue to vest on a quarterly basis over a twelve month
period in blocks of 25%. The options are subject to a four month
and a day hold period until March 11,
2022.
Total Helium is a helium exploration production and storage
solutions company which is drilling its first wells, in western
Kansas where it plans to extend
the largest continuous conventional natural gas and helium field in
North America, the Hugoton Gas
Field. The Company is working towards establishing underground
helium storage solutions nearby existing North American helium
infrastructure.
On behalf of the Board,
Total Helium Ltd.
Robert B. Price, Director and
CEO
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