Big Bank Financing Clears Path For Helium In 2023 Space Launches

Helium has many important uses in modern society. It is used as a  lifting gas in balloons and airships, as a pressurizing and purge gas in  various industrial and medical applications, and as a protective gas in  welding and other high-temperature industrial processes. It is also  used in cryogenics to cool materials to very low temperatures, and in  MRI scanners to provide a stable and safe working environment for the  machine's powerful magnets. The demand for helium has been increasing in recent years due to its  many uses in modern technology and industry. However, helium is a finite  resource and is primarily obtained as a byproduct of natural gas  extraction. As a result, the supply of helium can be influenced by  factors such as the production of natural gas and the efficiency of  helium extraction and purification processes. This is where Royal Helium comes into play. The are aiming to become producers and have demonstrated the  fundamental business requirements to 2 Canadian Major banks, providing  them with the required capital to fund their mission to produce helium.  They have the land, wells and helium resources to accomplish this. The  anticipate construction to be complete soon and producing as early as Q1  2023. Not only that, they have the sales agreements in place. They have  committed a minimum 40% of the Steveville production capacity to their  Space Launch partner, as well as a signed agreement with Guardyan  Conservation Corp. for the development of a carbon credit strategy for  the Steveville Helium Recovery Plant. Guardyan will also be entering  Royal into the voluntary and compliant carbon markets with the  development of a carbon credit portfolio through the low emission helium  production at Steveville. The importance of being able to produce and develop revenue cannot be  overstated for a small market company such as Royal.. The company will  grow and potentially increase profits, which can be beneficial for  shareholders and stakeholders. Additionally, this financing demonstrates  to investors and others that the company is financially stable and has a  plan for the future. The fact that the credit facility is being  provided by a senior Canadian lender suggests that the lender has  confidence in the company's ability to repay the loan and generate  revenue from its helium operations. This may also help to increase  confidence in the company among other potential investors and partners. Sit back and enjoy this SmallCap discovery as Andrew Davidson, CEO  & Chairman of Royal Helium discusses one of the most important  financial moments in Royal's early history as he discusses the impact  the financing has on Royal Helium's production goals for 2023.