Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Michael O'Shea was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 10
Desert Mountain Energy Corp. announced that it has received CAD 3 million in funding On April 9, 2026. Desert Mountain Energy Corp. announces that it has closed the transaction. In consideration for their services, the Company paid the Agent a cash commission of CAD 180,000 and issued 418,604 non-transferable options (the “Compensation Options”). In addition, the Company paid the Agent a corporate finance fee consisting of CAD 90,000 cash and 209,302 Units. Annonce • Mar 31
Desert Mountain Energy Corp., Annual General Meeting, May 27, 2026 Desert Mountain Energy Corp., Annual General Meeting, May 27, 2026. Location: british columbia, vancouver Canada Annonce • Feb 05
Desert Mountain Energy Corp. Appoints Timothy S. Orr, Esq. as Chief Operating Officer DESERT MOUNTAIN ENERGY CORP. announced the appointment of Mr. Timothy S. Orr, Esq. as Chief Operating Officer. This leadership addition signals the Company's strategic positioning as a critical utility provider through Project Helios, a strategic initiative to deploy dedicated energy, cooling solutions, and Helium supplies for Digital Infrastructure, Artificial Intelligence (AI) and Defense sectors. Mr. Orr joins the executive team with over 25 years of experienceacross public company management, corporate law, and high-growth venture leadership. As a licensed attorney with a background in complex asset acquisitions and operational execution, Mr. Orr will oversee the physical and regulatory build-out of the Company's utility-scale infrastructure. His primary focus will include: //st Infrastructure Scaling: Directing the development of midstream assets, including the 14.5-mile pipeline and salt cavern storage facilities required to provide "always-on" power. U.S. Exchange Readiness: Planning the Company's uplisting to a senior U.S. Exchange to reflect its evolution from a resource explorer to a midstream helium &utility provider. Corporate Governance: Implementing institutional-grade compliance and SEC-level reporting to support long-term infrastructure contracts with defense and tech partners. Annonce • Jan 21
Desert Mountain Energy Corp. announced that it has received CAD 0.3375 million in funding On January 20, 2026, Desert Mountain Energy Corp. closed the transaction. In connection with the closing, the company paid finders’ fees of CAD 27,000 and issued 108,000 non-transferable finder warrants at a price of CAD 0.25 per share for a 12-month period from the closing date. Annonce • Jan 15
Desert Mountain Energy Corp. announced that it expects to receive CAD 0.275 million in funding Desert Mountain Energy Corp. announced a non-brokered private placement of 1,100,000 Units of the company at a price per share of CAD 0.25 to raise gross proceeds of CAD 275,000 on January 14, 2026. Each Unit will consist of one common share of the Company and one share purchase warrant with each whole Warrant allowing the subscriber to purchase one additional share of the Company for a period of one year from the date of the closing at a price of CAD 0.35 per share. Finder's fees are payable of up to 8% in cash and 8% in finder warrants, with the finder warrants having an exercise price of CAD 0.25 per share. The Units will be subject to a 4 month hold period. The private placement is subject to the approval of the TSX Venture Exchange. Annonce • Sep 11
Desert Mountain Energy Corp. Announces Arizona Supreme Court Denial of City of Flagstaff Petition Desert Mountain Energy Corp. announced that on September 9, 2025, the Arizona Supreme Court denied the City of Flagstaff's petition for Review of a Special Action Decision of the Court of Appeals in City of Flagstaff v. Desert Mountain Energy Corp. That, as a result of this decision, the entirety of the Arizona Court of Appeals' March 4, 2025, decision is upheld. The Company will have additional comments shortly. Annonce • May 21
Desert Mountain Energy Corp. announced that it has received CAD 0.9815 million in funding On May 20, 2025, Desert Mountain Energy Corp., closed the transaction. The company issued 40,000 units at a price of CAD 0.25 per unit for the gross proceeds of CAD 10,000 in its fourth and final tranche closing. The company has now raised a total of CAD 981,500 through the issuance of 3,926,000 units. Annonce • Apr 01
Desert Mountain Energy Corp., Annual General Meeting, May 30, 2025 Desert Mountain Energy Corp., Annual General Meeting, May 30, 2025. Location: british columbia, vancouver Canada Annonce • Mar 05
Arizona Court of Appeals Rules in Favour of Desert Mountain Energy Desert Mountain Energy Corp. announced that on March 4, 2025, the Arizona Court of Appeals, Division One, issued a 12-page opinion in which it found that the City of Flagstaff's claims against Desert Mountain Energy Corp. were null and void. The Court instructed the Trial Court to enter summary judgment in favor of DME. The company will issue further updates on these matters when deemed appropriate. Annonce • Mar 01
Desert Mountain Energy Corp. announced that it has received CAD 0.514 million in funding On February 28, 2025. Desert Mountain Energy Corp. has closed the transaction. it has issued 2,056,000 Units at a price of CAD 0.25 per Unit for gross proceeds of CAD 514,000. Finder's fees consisted of 153,280 finders warrants and CAD 38,230 cash. The Units will be subject to a 4 month plus one day hold period expiring June 28, 2025. Annonce • Feb 05
Desert Mountain Energy Corp. announced that it expects to receive CAD 2 million in funding Desert Mountain Energy Corp. announced a non-brokered private placement to issue 8,000,000 units at issue price of CAD 0.25 per unit for gross proceeds of CAD 2,000,000 on February 4, 2025. Each Unit will consist of one common share of the Company and one share purchase warrant, with each whole Warrant allowing the subscriber to purchase one additional share of the Company for a period of one year from the date of the closing at a price of CAD 0.35 per share. Finder's fees are payable of up to 8% in cash and 8% in finder warrants, with the finder warrants having an exercise price of CAD 0.35 per share, but with no forced conversion. The Units will be subject to a 4-month hold period. The private placement is subject to the approval of the TSX Venture Exchange. New Risk • Nov 01
New major risk - Revenue and earnings growth Earnings have declined by 40% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$8.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 40% per year over the past 5 years. Minor Risks Revenue is less than US$5m (CA$1.4m revenue, or US$1.0m). Market cap is less than US$100m (€20.6m market cap, or US$22.4m). Reported Earnings • Aug 29
Third quarter 2024 earnings released: CA$0.018 loss per share (vs CA$0.017 loss in 3Q 2023) Third quarter 2024 results: CA$0.018 loss per share (further deteriorated from CA$0.017 loss in 3Q 2023). Net loss: CA$1.66m (loss widened 6.9% from 3Q 2023). Revenue is forecast to grow 171% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Annonce • Aug 27
Desert Mountain Energy Corp Advances Helium Extraction in Arizona Desert Mountain Energy Corp. announced its ongoing collaboration with key stakeholders across Arizona, including members of Congress, relevant state agencies, trade associations, and the private sector, to advance the responsible extraction of helium. DME is also actively engaging at the federal level, positioning helium as a vital resource for national defense, healthcare and a critical component of supply chain. By working with congressional delegation and various stakeholders who understand the significance of helium not just for Arizona, but for the nation. DME is building the necessary support to seek the inclusion of helium to the United States Geological Survey (USGS) critical mineral list. Materials included on this list are afforded several benefits such as eligibility for additional clean energy tax credits, research grants and a streamlined permitting process. Desert Mountain Energy remains committed to working closely with all stakeholders to achieve a balanced approach that benefits Arizona's economy and environment. Reported Earnings • Jun 05
Second quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.022 loss in 2Q 2023) Second quarter 2024 results: CA$0.01 loss per share (improved from CA$0.022 loss in 2Q 2023). Net loss: CA$888.7k (loss narrowed 48% from 2Q 2023). Revenue is forecast to grow 131% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings. Annonce • Apr 09
Desert Mountain Energy Corp., Annual General Meeting, May 31, 2024 Desert Mountain Energy Corp., Annual General Meeting, May 31, 2024. Reported Earnings • Mar 24
Full year 2023 earnings released: CA$0.14 loss per share (vs CA$0.10 loss in FY 2022) Full year 2023 results: CA$0.14 loss per share (further deteriorated from CA$0.10 loss in FY 2022). Net loss: CA$11.6m (loss widened 54% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings. New Risk • Mar 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$22m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 52% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (CA$1.7m revenue, or US$1.3m). Market cap is less than US$100m (€15.3m market cap, or US$16.7m). Annonce • Jan 23
Desert Mountain Energy Completes Reassembly of West Pecos Field Plant Desert Mountain Energy Corp. announced the successful reassembly of its natural gas and helium processing and extraction facility. The Company has received the final operational permit from the BLM. The company has made several plant modifications to enhance safety and accommodate upcoming regulatory changes in 2024. These modifications have allowed DME to significantly increase overall gas production and begin plant operations for total natural gas throughput. Plant modifications include the ability to automatically bypass the main gas portion of the gas processing facility and continue natural gas sales. The West Pecos Field Plant has been specifically designed to meet a variety of customer purity requirements for gaseous helium, ensuring a maximum return on investment. The purchase of the West Pecos Abo Gas Field included an existing offtake contract that requires all gas to be sold under its terms for the remaining short term of the contract. Depending upon the outcome of ongoing discussions, the Company may need to wait for the expiration of the current gas purchase agreement on May 31, 2024 to begin full-time helium extraction and sales. The Company will not litigate any disputes with the offtake partner and is prepared to wait for the contract to expire. While the Company is negotiating with the current offtake partner, processed gas sale contracts are being explored and negotiated directly with end users. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Michael O'Shea was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Aug 18
Desert Mountain Energy Completes Helium Processing Facility Move to New Mexico Gas Field DESERT MOUNTAIN ENERGY CORP. announced that it has successfully completed the disassembly of the helium processing plant. All components have been transported to the West Pecos Slope Abo Gas Field and reassembly has begun. The Company expects this process to take five to six weeks and plans on starting up the plant shortly after pressure testing of critical components is completed. The Company has initiated the process of pigging flow lines, replacing specific portions of the flow lines and implementing maintenance procedures for the flow lines. Pigging of lines will help to lower flowing pressures from the furthest distant wells. The Company has also begun the process of removing choke points and will continue that process over the next 3-4 months. DME has purchased smaller volume compressors to initially enable boosting production from the wells containing the higher levels of helium. This includes independent gas analysis on individual wells to ensure a correlation between the flow tests originally provided to by the seller. DME's goal continues to initially target wells where tests and the previous tests from the past two years of production showed helium values to be above 0.7% and have an initial aggregate plant throughput for helium production above 0.50%. Currently, well flow line pressures have risen over the past month across the entire field due to the IACX gas plant being down for repairs and maintenance. In one example, the well furthest south was still selling some gas with the meter pressure showing at 184#psi. This well is located at the end of almost 9 miles of 2" flow line and over time, will incorporate boost compressors to cost-effectively increase production from outlying wells. Under current contracts, the Company will not be due to pay royalties on any inert gases recovered through plant operations. As mentioned previously by the Company, the condensate values and BTU values can vary widely between the wells. DME has initiated discussions with natural gas end users regarding the purchasing of natural gas after the current contract expires. All necessary permits for current operations are in hand. Annonce • Aug 10
Desert Mountain Energy Corp. Appoints Michael O'shea to the Board of Directors Desert Mountain Energy Corp. announced the appointment of Michael O'Shea to the Board of Directors. Michael has agreed to become the head of the audit committee as an independent director. The Company acknowledges that being a publicly traded entity, it requires a board filled with competent independent members to meet the corporate governance standards set by the BCSC. Michael is an accomplished professional with significant experience in senior audit and management roles. His career spanned +35 years initially articling with KPMG and the Ontario Provincial Auditor's Office, followed by senior audit positions at Enbridge and Gulf Canada. Michael then returned to the Ontario government where heheld seniormanagement and audit roles, including Ontario Hydro and regulatory positions at the Ontario Telephone Commission and the Ontario Energy Board. Michaelhas acted as a director on several boards including Whitby Minor Lacrosse and a Condominium Board. In addition to his professional career, Michael has taught Audit and Accounting courses at York University and several colleges. He is an active member of the Quinte Health Board, which oversees four hospitals and serves on the Audit and Resources and Senior Leadership Evaluation and Compensation Committees. Annonce • Jul 01
Desert Mountain Energy Corp. Announces Resignation of Jessica Davey from Board of Directors Desert Mountain Energy Corp. announced the immediate resignation of Jessica Davey from the Board of Directors. The Company thanks Jessica for her contribution and wishes her success in all future endeavours. Annonce • Jun 20
Desert Mountain Energy Corp. (TSXV:DME) signed a binding letter of intent to acquire Pecos Slope West Abo Gas Field located in Chaves County, New Mexico for $2 million. Desert Mountain Energy Corp. (TSXV:DME) signed a binding letter of intent to acquire Pecos Slope West Abo Gas Field located in Chaves County, New Mexico for $2 million on June 19, 2023. Desert Mountain Energy also acquires gas gathering system at same location for $0.5 million. The company will close the purchase on June 30, 2023, from a privately held company and will immediately assume operations and revenue from the existing 188 gas wells and 1 water disposal well. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 1 independent director (6 non-independent directors). CEO & Executive Chairman Robert Rohlfing is the most experienced director on the board, commencing their role in 2019. Independent Director Jenaya Rohlfing was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 1 independent director (6 non-independent directors). CEO & Executive Chairman Robert Rohlfing is the most experienced director on the board, commencing their role in 2019. Independent Director Jenaya Rohlfing was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Is New 90 Day High Low • Mar 09
New 90-day high: €1.35 The company is up 25% from its price of €1.08 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 52% over the same period. Is New 90 Day High Low • Jan 19
New 90-day low: €0.92 The company is down 13% from its price of €1.06 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 52% over the same period. Is New 90 Day High Low • Dec 30
New 90-day low: €0.94 The company is down 9.0% from its price of €1.04 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 46% over the same period. Is New 90 Day High Low • Oct 26
New 90-day high: €1.16 The company is up 220% from its price of €0.36 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period.