Announcement • Nov 01
2679158 Alberta Ltd completed the acquisition of Global Helium Corp. (CNSX:HECO). 2679158 Alberta Ltd entered into an arrangement agreement to acquire Global Helium Corp. (CNSX:HECO) for CAD 2.4 million on July 15, 2025. The aggregate purchase price payable by the Purchaser under the Arrangement is expected to be approximately CAD 3.909 million, comprised of: (i) Cash Consideration of approximately CAD 1.368 million; and (ii) Amalgamation Consideration consisting of approximately 50,817,854 Purchaser Shares with an aggregate value of approximately CAD 2.541 million, using a CAD 0.05 per share price. The Purchaser Shares will be issued in exchange for Common Shares on a one for one basis, and the Purchaser Shares are being issued to Thor for cash consideration of CAD 0.05 per share. The foregoing anticipated purchase price composition is based on the assumption that Electing Holders will exchange an aggregate of 50,817,854 Common Shares for the Amalgamation Consideration, representing approximately 65% of the issued and outstanding Common Shares, and that all other Shareholders will receive Cash Consideration. Concurrently with the Arrangement Agreement and to fund the Cash Consideration payable on closing of the Arrangement, the Purchaser has entered into an equity commitment agreement with Thor Resources Investor Inc. pursuant to which Thor will subscribe for the number of Purchaser Shares for an aggregate subscription price of up to CAD 1.6 million at a price of CAD 0.05 per share. The Board, with Jesse Griffith declaring his conflict of interest as a result of his ownership of the Purchaser and abstaining from voting, unanimously approved the Arrangement following receipt of a unanimous recommendation of the Special Committee.
The Board unanimously, with the Conflicted Director abstaining from voting, determined that the Arrangement is fair to the Shareholders and in the best interests of Global and recommends that Shareholders vote in favor of the Arrangement. Following completion of the Arrangement, the Company intends to cause the Common Shares to cease to be listed on the Canadian Securities Exchange and intends to submit an application to have the Company and the Purchaser cease to be a reporting issuer under applicable Canadian securities laws. Following receipt of all approvals, including regulatory, CSE, Shareholder (including majority of the minority) and the requisite court orders, following completion of the Arrangement, Global will be a privately-held company. As of September 4, 2025, Court of King’s Bench of Alberta granted an interim order in relation to the arrangement. The Arrangement is targeted to be completed on or about October 24, 2025.
As of October 16, 2025, Arrangement Resolution was approved by the requisite shareholder thresholds, with 29,088,128 votes cast, in favour of the transaction representing approximately 97.4% of the Shareholders and as of October 23, 2025, Global also obtained a final order from the Court of King’s Bench of Alberta (Commercial List) approving the Arrangement.
Evans & Evans, Inc. act as fairness opinion provider for Global Helium Corp.
2679158 Alberta Ltd completed the acquisition of Global Helium Corp. (CNSX:HECO) on October 31, 2025. Announcement • Jul 17
2679158 Alberta Ltd entered into an arrangement agreement to acquire Global Helium Corp. (CNSX:HECO) for CAD 2.4 million. 2679158 Alberta Ltd entered into an arrangement agreement to acquire Global Helium Corp. (CNSX:HECO) for CAD 2.4 million on July 15, 2025. The aggregate purchase price payable by the Purchaser under the Arrangement is expected to be approximately CAD 3.909 million, comprised of: (i) Cash Consideration of approximately CAD 1.368 million; and (ii) Amalgamation Consideration consisting of approximately 50,817,854 Purchaser Shares with an aggregate value of approximately CAD 2.541 million, using a CAD 0.05 per share price. The Purchaser Shares will be issued in exchange for Common Shares on a one for one basis, and the Purchaser Shares are being issued to Thor for cash consideration of CAD 0.05 per share. The foregoing anticipated purchase price composition is based on the assumption that Electing Holders will exchange an aggregate of 50,817,854 Common Shares for the Amalgamation Consideration, representing approximately 65% of the issued and outstanding Common Shares, and that all other Shareholders will receive Cash Consideration. Concurrently with the Arrangement Agreement and to fund the Cash Consideration payable on closing of the Arrangement, the Purchaser has entered into an equity commitment agreement with Thor Resources Investor Inc. pursuant to which Thor will subscribe for the number of Purchaser Shares for an aggregate subscription price of up to CAD 1.6 million at a price of CAD 0.05 per share. The Board, with Jesse Griffith declaring his conflict of interest as a result of his ownership of the Purchaser and abstaining from voting, unanimously approved the Arrangement following receipt of a unanimous recommendation of the Special Committee. The Board unanimously, with the Conflicted Director abstaining from voting, determined that the Arrangement is fair to the Shareholders and in the best interests of Global and recommends that Shareholders vote in favor of the Arrangement. Following completion of the Arrangement, the Company intends to cause the Common Shares to cease to be listed on the Canadian Securities Exchange and intends to submit an application to have the Company and the Purchaser cease to be a reporting issuer under applicable Canadian securities laws. Following receipt of all approvals, including regulatory, CSE, Shareholder (including majority of the minority) and the requisite court orders, following completion of the Arrangement, Global will be a privately-held company. Evans & Evans, Inc. act as fairness opinion provider for Global Helium Corp. Announcement • Feb 11
Global Helium Corp., Annual General Meeting, Apr 09, 2025 Global Helium Corp., Annual General Meeting, Apr 09, 2025. 
