Duyuru • 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. Duyuru • 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. Duyuru • Feb 11
Global Helium Corp., Annual General Meeting, Apr 09, 2025 Global Helium Corp., Annual General Meeting, Apr 09, 2025. Duyuru • Aug 19
Global Helium Corp. Provides Update on North American Helium's Test Well Global Helium Corp. ("HECO" or the "Company") provided an update on the recent drilling activities by North American Helium Inc. ("NAH") under a seismic review option agreement (the “Agreement”) between the two parties that was announced by the Company in a press release dated April 8, 2024. As HECO previously announced in a press release dated May 22, 2024, pursuant to the Agreement, NAH elected to drill and fully fund a test well (the “Test Well”) in the Vermillion Hills area of HECO’s Saskatchewan acreage. After reaching total depth, NAH notified the Company that the Test Well will be abandoned. As a result of the Test Well being drilled on an accelerated timeframe prior to December 30, 2024, NAH has now earned an 80% working interest in 72 sections of HECO’s land. Further, the results of the Test Well confirm the Company’s strategy of preserving capital and derisking exploration assets through joint venture, while allocating capital to HECO’s proven assets on the Manyberries trend in Alberta. With an expanded joint acreage position, the Company to continue its partnership with NAH on multiple other structures across the Saskatchewan land base moving forward. In addition, the Test Well has provided both parties with valuable geological data and information that is expected to be instrumental in guiding HECO’s ongoing future exploration efforts. Duyuru • May 23
Global Helium Corp. Share an Update on its Second Helium Discovery at 10-08-012-04W4/00 Global Helium Corp. announced to share an update on the company’s second helium discovery at 10-08-012-04W4/00 (“10-08”), following initial testing and post-flow pressure transient analysis. The 10-08 exploratory well was drilled and cased in November of 2023 and is situated on the farm-in land block of Perpetual Energy Inc. along the Manyberries helium trend near the Medicine Hat region of Southeast Alberta. Positive Results From 10-08 Well: On April 16, 2024, the Company announced that following remediation work and stimulation, the 10-08 well production tested at approximately 4.1 million cubic feet per day at 3,500 kilopascal flowing tubing pressure from the Beaverhill Lake formation over a four-day extended test. Helium concentrations from the Beaverhill Lake zone were 0.56% – 0.68% based on several analyzed gas samples from the well, confirming that the 10-08 well represents HECO’s second commercially viable opportunity. Subsequently, a post-flow pressure transient analysis (“PTA”) and composite reservoir model were used to record pressure response, flow rates, reservoir properties and potential pool boundaries. The PTA indicated the reservoir appears expansive and productive, with no discernible depletion in reservoir pressure or demarcation of reservoir boundaries. Moreover, the PTA revealed an absolute open flow potential of 8.05 million standard cubic feet per day (MMscf/d). Operations Update: North American Helium Elects to Drill Well on HECO Lands: the Company announced that North American Helium Inc. has elected to drill a test well in the Vermillion Hills area of HECO’s Saskatchewan acreage. This election follows the execution of a seismic review option agreement dated April 8, 2024 between HECO and NAH, which afforded the Company the opportunity to advance its Saskatchewan land base while mitigating up-front capital costs and exploration risk. Pursuant to the Agreement, NAH has the right to review HECO’s proprietary seismic data covering the majority of the Company’s exploration permits in Saskatchewan and select a drilling location based on this review. In third quarter 2024, the company expects NAH to spud this new well, incurring 100% of the drilling cost, while HECO has retained the option to participate in the completion and testing of the well at a 20% working interest in any potential discovery, with NAH retaining an 80% working interest in the operations and said lands. Expanding HECO’s Asset Base in Northern Alberta: The Company has successfully acquired eight sections of land in Northern Alberta, situated within a region prospective for helium. These new sections of land expand HECO’s existing asset base, and represent an exploratory asset for HECO, with the potential to provide further developmental opportunities designed to contribute to the Company’s long-term sustainability. Duyuru • Apr 17
Global Helium Corp. Confirms Second Helium Discovery on Manyberries Helium Trend Global Helium Corp. provided an operational update on the Company’s exploratory well at 10-08-012-04W4/00 (“10-08”) situated on the farm-in land block of Perpetual Energy Inc. along the Manyberries helium trend near the Medicine Hat region of Southeast Alberta. Following remediation and stimulation to address wellbore damage incurred during the initial drilling, the 10-08 well was production tested at approximately 4.1 million cubic feet per day at 3,500 kilopascal flowing tubing pressure from the Beaverhill Lake formation during a four-day extended test. Multiple gas samples were analyzed from the well and confirmed helium concentrations from the Beaverhill Lake zone of 0.6% - 0.68%. 
