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 Corporate Profile: Desert Mountain Energy Corp
    Publisher: Kaiser Research Online
    Author: Copyright 2013 John A Kaiser

 
Desert Mountain Energy Corp (DME-V)
Trade DateVolumeHighLowCloseChgStatus
March 28, 202424,800$0.26$0.24$0.25($0.02)Trading
KRO Profile - Members OnlyCorporate Web Site Not AvailableTreeExchQuote
Issued
90,258,109
Price
$0.250
Working Capital
$14,123,412
Key People: Robert Rohlfing (CEO), Irwin A. Olian (CEO), Donald Mosher (Pres), Jennifer T. Todhunter (CFO), Andrew E. Moore (VP EX),
Diluted
111,783,027
Insiders
4.4%
As of
9/30/2023
Company supplied Corporate Overview - not available
The free corporate profile serves as a fast gateway for KRO members via the map cards to resources such as the KRO Profile which includes financial, insider and project details as well as news releases and KRO comments for which headline links are provided below. Links to the company's web site and project web pages are available within this free corporate profile if the company has a multi-user corporate membership (they are always available in full member only KRO Profile). A corporate membership provides the company with complete multiple user access to KRO resources and entitles the company to provide a corporate overview for the subject company's unrestricted corporate profile.

Company News Releases - Members Only
Mar 12, 2024Status Report on Annual Financial Statements and Related Filings
Feb 27, 2024Status Report on Annual Financial Statements and Related Filings
Feb 13, 2024Status report on annual financial statements and related filings
Jan 30, 2024Delay in Filing of Annual Financial Statements and Related Filings
Jan 22, 2024Completes Reassembly of West Pecos Field Plant
Oct 26, 2023Provides progress report on west pecos slope abo project in New Mexico
Sep 5, 2023Gives Update on the West Pecos Slope Abo Gas Field
Aug 16, 2023Completes helium processing facility move to New Mexico Gas Field
Aug 9, 2023Appoints New Member to the Board of Directors
Jul 6, 2023Update on the Arizona Projects and Closing on the Initial New Mexico Project
Jul 6, 2023Provides Update on the Arizona Projects and Closing on the Initial New Mexico Project
Jun 19, 2023Acquires Helium bearing Gas Field in New Mexico
May 31, 2023Provides Operations Update
Apr 17, 2023Secures Additional Acreage
Apr 5, 2023Issues a Corporate Update
Apr 4, 2023Additional Listing Warrants
Apr 4, 2023545,000 additional warrants to commence trading April 6, 2023
Mar 31, 2023Prospectus Unit Offering
Mar 31, 2023Closing of Over allotment Option for Additional Gross Proceeds of $1 Million
Mar 29, 2023New Listing Warrants
Mar 29, 2023Warrants to commence trading Friday, March 31, 2023
Mar 27, 2023Adopts Advance Notice Policy
Mar 27, 2023Deepens and Sets Production Casing on Well#3
Mar 24, 2023Prospectus Unit Offering
Mar 24, 2023Closes Public Offering of Units for Gross Proceeds of $22 Million
Mar 21, 2023Files Final Short Form Prospectus
Mar 14, 2023Completes work on McCauley Helium Processing Facility
Mar 3, 2023Terms of C$20 million marketed public offering of units
Mar 2, 2023C$20 Million Marketed Public Offering of Units
Feb 27, 2023Powers up the McCauley Helium Processing Facility
Feb 22, 2023Signs letter of agreement to purchase and process raw crude helium gas
Feb 22, 2023Receives Spacing Exemption Order for the Mccauley Helium Field
Jan 30, 2023Adds Helium Acreage in Arizona
Jan 19, 2023Holds Commissioning Ceremony for the Mccauley Helium Processing Facility
Jan 11, 2023Exercises Options on Additional Acreage of Helium Prospect In Arizona
Dec 15, 2022Receives Delivery of Major Components of Mccauley Helium Processing Facility
Dec 13, 2022Successfully Completes Gunnar Dome Well
Dec 7, 2022Completes Testing of the Mccauley helium processing facility
Nov 29, 2022Acquires Additional Land along with an Update on the Mccauley Helium Processing Facility
Nov 11, 2022Private Placement Non Brokered
Nov 11, 2022Update on the McCauley Helium Processing Facility
Oct 21, 2022Sets Stock Options
Oct 12, 2022Quarterly Update
Oct 3, 2022Signs joint operating agreement & Gunnar Dome Well update
Sep 14, 2022Court Grants Motion to Dismiss Claims Against Company
Sep 13, 2022Closing of CDN$ 6 Million Private Placement
Sep 2, 2022Receives Funds
Sep 1, 2022Private Placement
Aug 17, 2022Secures Land for Future Facilities
Aug 4, 2022Has Significant Shows of Helium on Gunnar Dome Wildcat Well
Jul 18, 2022Enters into Agreement with Beam Earth Ltd. For Hydrogen Production
Jul 13, 2022Spuds Gunnar Dome Wildcat Well and Cancels Private Placement
Jul 11, 2022Mobilizes Rig and Update On the Mccauley Field Lease
Jun 28, 2022Private Placement Repricing
Jun 21, 202250% Increase in Private Placement to CAD $7.5 Million
Jun 8, 2022Private Placement
Jun 7, 2022Receives Permits for Two New Helium Wells in Arizona
Jun 1, 2022Appoints Marta Hodan Wasko as Vice President of Geology
May 11, 2022Helium Grades Averaging over 3.5% In Mccauley Helium Field Offset's
May 5, 2022Begins fabrication work on the McCauley Helium Processing Facility
May 2, 2022Completes cased hole completion work on well 5 and 6
Apr 28, 2022Issues General Drilling & Casing Procedures for Helium Wells On Website
Apr 19, 2022Secures the Completion Rig and Begins Work in the Mccauley Helium Field
Apr 14, 2022Makes Strategic Move To Address Rig Moving Inflation & Availability Issues
Apr 11, 2022Starts Cased Hole Completion Work On Well #5, #6, #7
Apr 5, 2022Update
Mar 25, 2022Arizona Appellate Court Rules Unanimously In Favor Of Desert Mountain Energy Corp., Vacates Superior Court Order
Mar 21, 2022Completes Drilling of Well #7 for Helium in Mccauley Helium Field, Arizona
Mar 8, 2022Has Been Awarded Best Helium Exploration And Development Company North America
Mar 2, 2022COMPLETES DRILLING OF WELL #6 FOR HELIUM IN McCAULEY HELIUM FIELD, ARIZONA
Feb 28, 2022Discovers Hydrogen Field In Arizona
Feb 16, 2022Successfully Completes Drilling of Well #5 in McCauley Field
Jan 24, 2022Receives Permit For Next Well
Jan 17, 2022Sets Stock Options
Jan 5, 2022ACQUIRES 40 ACRES OF LAND FOR WELLS IN THE McCAULEY FIELD
Nov 30, 2021Acquires 40 Acres of Land Surrounding McCauley Field
Nov 17, 2021Selects Processing Plant Builder
Oct 26, 2021Discovers Commercial Helium / Hydrogen Well
Sep 28, 2021Agreement to Provide Consulting for Hydrogen / Compressed Air Energy Storage
Sep 24, 2021Setting of Options for New Officers
Sep 14, 2021Gas in Place for Discovery Well #4
Aug 25, 2021Completion and Testing of Well #4
Jul 27, 2021Rig Mobilization for Completion and Testing of Well #4
Jul 13, 2021Appointment of Jessica Davey as VP of Land & Board of Directors
Jul 9, 2021Resume Trading
Jul 9, 2021Helium Discovery on Well
Jun 30, 2021Board Resignation
Jun 1, 2021Issuance of Options
May 27, 2021Final numbers from the completed forced conversion of 2 series of 2 year, $2 warrants attached to the Company's October 2020, $1.60 unit financing
May 19, 2021Begins Operations on Well #4
May 3, 2021Files with USFCR
Apr 29, 2021Secures Permit for Well
Apr 22, 2021Accelerates Private Placement Warrants Issued on October 2, 2020 and October 14, 2020 to No Later than May 24, 2021
Apr 1, 2021The Appointment of Dr. Kelli Ward to the Board of Directors
Mar 25, 2021Purchase of Central Holbrook Basin Land for Initial Processing Facility
Mar 24, 2021Launches Junior Sports Academy
Mar 11, 2021Opening of Corporate Offices in Arizona
Mar 3, 2021Issuance of Options
Feb 22, 2021Additional Select Acreage Acquisition in Navajo County, AZ
Feb 16, 2021Guidance on Estimated Helium Reserves on First Well
Feb 16, 2021Provides Guidance on Estimated Helium Reserves on First Well
Jan 29, 2021Review of Future Properties for Hydrogen
Jan 19, 2021Sets Date for Conference Call with Management, Annual Meeting Results and Moving Ahead with 40 Acre Parcel for Processing Facilities
Jan 12, 2021Exercises Acreage Options and Acquires an Additional 8,510 Acres on Private Land
Jan 4, 2021Stays on Schedule in 2021 with Drilling Wells #4 and #5
Dec 14, 2020Advised City of Flagstaff May Be Seeking Temporary Restraining Order to Stop Drilling in Company's Property Located Adjacent to Red Gap Ranch
Dec 14, 2020Successfully Completes Drilling of Third Helium Test Well in AZ
Dec 7, 2020Commences Drilling the Third Well of its Helium Program in Arizona's Holbrook Basin
Nov 19, 2020Secures Permit for Third Well, Blue Skyed in Multiple States
Nov 3, 2020Full OTCQB Board Listing
Oct 30, 2020Private Placement Non Brokered
Oct 29, 2020Private Placement Non Brokered
Oct 26, 2020A Report from the CEO: Robert Rohlfing
Oct 14, 2020Closes $4,000,000 Private Placement
Oct 8, 2020Signs Engineering Contract for Helium Enhancment Facilities
Oct 2, 2020Closes $9,125,000 Private Placement
Sep 14, 2020Resume Trading
Sep 14, 2020Halt
Sep 14, 2020IIROC Trading Resumption DME
Sep 14, 2020Private Placement
Sep 14, 2020IIROC Trading Halt DME
Sep 11, 2020IIROC Trading Resumption DME
Sep 11, 2020Private Placement
Sep 11, 2020IIROC Trading Halt DME
Sep 2, 2020Resume Trading
Sep 2, 2020IIROC Trading Resumption DME
Sep 2, 2020Significant Helium Percentages In Two New Wells In Arizona
Sep 1, 2020Halt
Sep 1, 2020IIROC Trading Halt DME
Aug 24, 2020Discovers New Gas Field in Arizona with Significant Gas Flows After Completing Both New Wells
Aug 18, 2020Commences Completion and Testing of Its First Two Helium Wells in Arizona and Applies for 14,440 Acres of New Leases in The Holbrook Basin
Aug 17, 2020Appointment of Two Directors
Aug 10, 2020Strengthens its Management Team with New Additions
Jul 29, 2020Completes Warrant Exercises Expired July 19, 2020 for $474,000.00 CDN
Jul 28, 2020Adds Dr. James M. Cronoble as Director & Vice President of Exploration
Jul 27, 2020Restructuring Management Team as Robert Rohlfing Assumes New Role as CEO & Chairman with Irwin Olian Retiring From These Positions
Jul 23, 2020Updates Plans for Completion and Evaluation of its Two Initial Wells in Arizona's Holbrook Basin
Jul 20, 2020Encounters Gas in Multiple Zones and Sets Production Casing on its Second Exploratory Well in Arizona's Holbrook Basin
Jul 16, 2020Encounters Significant Gas Flows in Its Second Well; Drilling Continues
Jul 15, 2020Shares Approved for DTC Eligibility
Jul 8, 2020Commences Drilling the Second Well of its Helium Program in Arizona's Holbrook Basin
Jul 8, 2020Commences Drilling the Second Well of its Helium Program in Arizona's Holbrook Basin
Jul 3, 2020Confirms Public Disclosures Complete
Jun 23, 2020Encounters Gas in Multiple Zones and Sets Production Casing in its First Exploratory Well in Arizona's Holbrook Basin
Jun 18, 2020Private Placement Non Brokered
Jun 18, 2020Commences Drilling the First Well of its Helium Program in Arizona's Holbrook Basin
Jun 15, 2020Mobilizing Drill Rig for First Two Wells of Its Helium Program in Arizona's Holbrook Basin
Jun 15, 2020Closes $651,350 Private Placement Financing
Jun 1, 2020Private Placement
May 27, 2020Engages Drilling Contractor for First Two Holes of its Helium Exploration Program in Arizona's Holbrook Basin
May 19, 2020Receives Drill Permits for First Two Holes of its Helium Exploration Program In Arizona's Holbrook Basin
Apr 20, 2020Completes Airborne Geophysics Survey in Arizona's Holbrook Basin with Encouraging Results
Apr 9, 2020Provides Update on Corporate Progress and Discusses the Worldwide Helium Market
Mar 9, 2020Grants Stock Options
Jan 10, 2020Retains Paradox for Investor Relations
Dec 17, 2019Private Placement
Nov 25, 2019Options 23,000 Acres of Additional Helium Leases in Arizona's Holbrook Basin
Sep 11, 2019Adds 3169 Acres of Helium Leases to Its Heliopolis Project in Arizona's Holbrook Basin
Sep 3, 2019Receives Permits to Drill Two Wells on its Oklahoma Kight Gilcrease Property
Aug 22, 2019Grants Stock Options
Aug 14, 2019Files Permit Applications to Drill Two Wells on its Oklahoma Kight Gilcrease Property
Jul 30, 2019Successfully Completes Seismic Studies in Arizona's Holbrook Basin
Jul 16, 2019Desert Mountain Energy Reports Release of Favorable Drill Results By Brixton Metals Corporation with Sharp Increase in Brixton's Share Price
May 13, 2019Discovery of Helium Concentrations up to 1.3622% on its Oklahoma Kight Gilcrease Property
May 1, 2019Appoints Scott Davis as New CFO
Apr 16, 2019Testing Helium Potential of its Kight Gilcrease Sand Unit Oil & Gas Project In Oklahoma
Mar 27, 2019Resume Trading
Mar 13, 2019Suspension from Trading on the TSX Venture Exchange
Mar 13, 2019Revocation Order for Desert Mountain Energy Corp
Mar 8, 2019Cease Trade Order
Feb 28, 2019Helium Targeting Work Ongoing in Arizona's Holbrook Basin
Feb 20, 2019City of Flagstaff Terminates Memorandum of Understanding for Strategic Regional Development of Helium & Hydrocarbon Resources
Feb 4, 2019Enters into Memorandum of Understanding with City of Flagstaff for Strategic Regional Development of Helium & Hydrocarbon Resources
Jan 29, 2019Assigned New Stock Symbol for Trading on the U.S. O T C Market
Jan 17, 2019Corrected: Robert Rohlfing Joins Desert Mountain Energy as Head of Technical Operations and as a Director
Jan 17, 2019Robert Rohlfing Joins Desert Mountain Energy as Head of Technical Operations and as a Director
Jan 14, 2019Property Asset or Share Purchase Agreement
Jan 14, 2019Closes Acquisition of Kight Gilcrease Sand Unit Oil & Gas Project in Oklahoma
Nov 27, 2018Grants Stocks Options
Nov 22, 2018Amends Terms And Provides Update On Acquisition Of The Knight Gilcrease Sand Unit Oil & Gas Project In Oklahoma
Oct 15, 2018Acquires Additional 3040 Acres of Strategic Helium Leases in Arizona's Holbrook Basin from the U.S. Bureau of Land Management
Oct 10, 2018Second Tranche of Private Placement Financing
Sep 18, 2018Results of Recent Helium Auction by the U.S. Bureau of Land Management which Reflected Surging Helium Prices
Sep 6, 2018Closes Sale of its Yellowjacket Gold Project and Atlin, B.C. Properties to Brixton Metals
Aug 7, 2018Enters into Agreement to Sell its Yellowjacket Gold Project and Atlin, B.C. Properties to Brixton Metals
Aug 2, 2018Soren Christiansen Joins Desert Mountain Energy Board of Directors
Jul 30, 2018Ardito Martohardjono Resigns as a Director of Desert Mountain Energy
Jul 20, 2018Closes $640,500 First Tranche of Private Placement
Jul 17, 2018Private Placement Non Brokered
Jun 11, 2018Acquires Further Tranche of 12,228 Acres of Strategic Helium Leases in Arizona's Holbrook Basin
Jun 7, 2018Private Placement
May 29, 2018Acquires Additional 12,219 Acres of Strategic Helium Leases in Arizona's Holbrook Basin, Including Zone with Original Discovery Well
May 8, 2018Sells Its Placer Mining Interests at Atlin, B.C.
Apr 18, 2018Greg Nowak Joins Desert Mountain Energy's Technical Team
Mar 22, 2018Name Change And Share Consolidation
Feb 27, 2018Acquires Key Helium Leases in Arizona's Prolific Holbrook Basin
Feb 20, 2018Signs Agreement for Acquisition of the Kight Gilcrease Sand Unit Oil & Gas Project in Oklahoma
Jan 31, 2018Embarks on Diversification Program with Establishment of New U.S. Operations
Nov 13, 2017Results from its Drilling Program at Gold Run Prospect in Atlin, BC
Sep 18, 2017Commences Diamond Drilling At Gold Run Prospect At Its YellowJacket Gold Project
Aug 28, 2017Private Placement Non Brokered
Aug 25, 2017Closes $60,010 First Tranche of Flow Through Private Placement
Aug 14, 2017Receives Mines Act Permit for Further Exploration and Drilling at Yellowjacket Gold Project
Jun 13, 2017Private Placement Non Brokered
Jun 12, 2017Closes $601,220 Private Placement
May 17, 2017Private Placements
May 9, 2017Commences 2017 Work Program at its Yellowjacket Gold Project
Feb 16, 2017Concludes New Agreements for Placer Mining Operations at Yellowjacket Gold Mine this Season
Feb 1, 2017Geological Survey Reports New Lode Gold Discovery in Atlin District
Jan 18, 2017Adds Further Atlin District Mineral Tenures Covering the Historic Pictou and Golden View Showings
Jan 11, 2017Grants Stock Options
Dec 2, 2016Private Placements
Oct 5, 2016Achieves Important Advances in its Yellowjacket Gold Project During Summer 2016 Work Program
Sep 28, 2016Initial Diamond Drilling by African Queen at Yellowjacket Gold Project Confirms Down Dip Continuation of Gold Mineralized Zone; Results Include 37.1 G/T AU over 1.08 M
Sep 21, 2016Adds Mineral Tenures Covering Two Further Key Areas in Atlin District
Sep 6, 2016Further Expands Land Position South of Yellowjacket Gold Project
Jul 25, 2016Drilling Commences on African Queen's Yellowjacket Gold Projec'
Jul 11, 2016Dr. Reinhard Ramdohr Takes Reins Of African Queen's Yellowjacket Gold Project
Jul 6, 2016Placer Mining Operations Commence at African Queen's Yellowjacket Gold Project
Jun 27, 2016Closes $450,000 Private Placement
Jun 27, 2016Private Placement Non Brokered
Jun 21, 2016CEO to Present At Richmond Club Luncheon on June 22, 2016
Jun 17, 2016Expands Land Position in Atlin District with Strategic Claims Acquisition
May 31, 2016Private Placement
May 20, 2016Commences 2016 Exploration Program at Yellowjacket Gold Project
Feb 16, 2016Concludes Agreement with Norris for Placer Mining Operations at Yellowjacket Gold Mine
Dec 9, 2015Drops Kenyan Operations Including Odundu Project
Nov 18, 2015Presenting at Chicago Natural Resource and Technology Expo on November 20, 2015
Nov 12, 2015Grants Stock Options
Oct 22, 2015Recieves Mining Permit for Yellowjacket Gold Project
Oct 14, 2015Hires Fionnuala Devine to Oversee Yellowjacket Gold Project
Oct 1, 2015Acquires Additional Ground at Yellowjacket Gold Project in British Columbia
Aug 11, 2015Completes Acquisition of Yellowjacket Gold Project in British Columbia
Aug 6, 2015Property Asset or Share Purchase Agreement
Aug 5, 2015Signs Formal Asset Purchase Agreement to Acquire Yellowjacket Gold Project in British Columbia
Jun 25, 2015Enters into Agreement to Acquire Yellowjacket Gold Project in British Columbia
Feb 9, 2015Reinstated for Trading
Feb 6, 2015Revocation Order for African Queen Mines Ltd
Feb 3, 2015Cease Trade Order
Jan 27, 2015Closes Sale of its Ghana Subsidiary and Assets
Sep 16, 2014Enters into Conditional Agreement Covering Sale of its Ghana Assets
Aug 8, 2014Resume Trading
Jul 31, 2014African Queen and XORTX Pharma Terminate Proposed Merger Transaction
Jul 7, 2014Updates Status of Acquisition of XORTX Pharma Corp.
Jun 4, 2014Closes $50,000 First Tranche of Private Placement
Jun 3, 2014Private Placement Non Brokered, Remain Halted
Jun 3, 2014Private Placement
Mar 4, 2014Remain Halted
Mar 4, 2014To Acquire XORTX Pharma Corp.
Mar 3, 2014Halt
Oct 10, 2013Closes $300,415 First Tranche Of Private Placement
Oct 7, 2013Private Placement Non Brokered
Oct 2, 2013Private Placement

 
 

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