Welcome to our dedicated page for Global Helium news (Ticker: HECOF), a resource for investors and traders seeking the latest updates and insights on Global Helium stock.
Global Helium Corp (HECOF) generated a distinct stream of news as a helium-focused exploration and development company in the basic materials sector. Its disclosures highlight a portfolio of helium-prospective assets in Alberta, Saskatchewan, and Montana, along with joint ventures and farm-in agreements that shaped its operational and corporate trajectory.
News coverage on Global Helium has included updates on helium discoveries and well performance, such as the company’s second helium discovery at the 10-08 well on farm-in lands along the Manyberries helium trend near the Medicine Hat region of southeast Alberta. Releases have detailed testing results, reservoir analysis, and the company’s interpretation of these outcomes for its development plans.
Another major category of news involves partnerships and joint ventures. Global Helium reported a seismic review option agreement with North American Helium Inc., under which North American Helium elected to drill and fully fund a test well on the company’s Saskatchewan acreage. Subsequent updates described the results of that test well, the earned working interest for North American Helium in 72 sections of land, and how this arrangement aligned with Global Helium’s strategy of preserving capital and derisking exploration through joint ventures.
Corporate and transactional announcements have also been prominent. The company issued multiple releases describing an arrangement agreement with 2679158 Alberta Ltd., the calling and conduct of a shareholder meeting to approve a plan of arrangement, court orders related to the transaction, and ultimately the completion of a go-private transaction. These items included details about consideration to shareholders, voting thresholds, and the expected delisting of Global Helium’s shares from the Canadian Securities Exchange and OTC Pink Markets.
Additional news items have covered asset-level transactions, such as the sale of a standing well and associated mineral rights in Montana to an arm’s length helium operator, as well as corporate actions like stock option grants and cancellations under the company’s stock option plan. Together, these releases provide a historical record of Global Helium’s operational progress, strategic partnerships, financing tools, and its transition from a publicly traded issuer to a privately held company.
Global Helium Corp. (HECOF) announced the closing of its previously approved plan of arrangement and completion of a go‑private transaction by 2679158 Alberta Ltd. Pursuant to the Arrangement, the Purchaser acquired all issued Class A common and Series A and B preferred shares.
Shareholders holding 31,190,215 shares elected cash consideration totalling $1,559,510.75 ($0.05 per share), while 32,299,621 shares elected share consideration in the Purchaser. The Arrangement received shareholder approval (≈97.4% votes in favour) at the Oct 16, 2025 meeting and a final court order was obtained on Oct 23, 2025. Common shares are expected to be delisted from the CSE and OTC Pink in the first week of November 2025, after which the company intends to apply to cease reporting in Alberta, British Columbia and Ontario.
Global Helium Corp (OTC:HECOF) confirmed procedural changes for its October 16, 2025 annual and special meeting and extended election timing tied to a proposed statutory plan of arrangement under Alberta law. The company waived the prior proxy cut-off and will accept proxies until Oct 16, 2025 at 9:00 a.m. (Calgary time). Eligible holders may elect to receive Purchaser Shares instead of cash and have until Oct 20, 2025 at 12:00 p.m. (Calgary time) to deliver a completed Letter of Transmittal to Odyssey Trust via courier or in person. Under the Arrangement, the Purchaser will acquire Common and Preferred Shares for $0.05 per share with specific election and rounding rules; related materials are filed on SEDAR+ and on the company website.
Global Helium Corp. (HECOF) mailed its management information circular on Sept 24, 2025 for an annual and special meeting on Oct 16, 2025 to vote on a statutory plan of arrangement pursuant to an Arrangement Agreement dated July 15, 2025.
Under the Proposed Transaction the Purchaser will acquire Common Shares for $0.05 per share (Preferred Shares for $0.05 plus accrued dividends). Registered holders with >250,000 shares may elect to receive Purchaser Shares instead. The Court granted an interim order (amended Oct 3, 2025) and will hear the Final Order application on Oct 22, 2025; closing is anticipated on or about Oct 24, 2025.
Supporting shareholders hold approximately 52.5% of issued shares. Due to a Canada Post strike (commenced Sept 25, 2025), the Company will email Circular copies on request.
Global Helium Corp. (CSE: HECO) has announced the mailing of its management information circular for a crucial shareholder meeting scheduled for October 16, 2025. The meeting will address a proposed arrangement where 2679158 Alberta Ltd. will acquire all outstanding securities of Global Helium.
The arrangement requires 66⅔% shareholder approval and a simple majority vote from minority shareholders. Supporting shareholders, holding approximately 52.5% of shares, have already agreed to vote in favor. The transaction, expected to close around October 24, 2025, follows a comprehensive review by a Special Committee of independent directors.
The Board, excluding conflicted director Jesse Griffith who controls the purchasing entity, unanimously recommends shareholders approve the arrangement.
Global Helium Corp. (CSE: HECO) has entered into an arrangement agreement with 2679158 Alberta Ltd. for a going-private transaction valued at approximately $3.909 million. The Purchaser, controlled by CEO Jesse Griffith, will acquire all outstanding shares through a combination of cash and share consideration.
Shareholders will receive $0.05 per share in cash, while holders of over 250,000 shares can elect to receive Purchaser shares on a one-for-one basis. The transaction includes special provisions for preferred shareholders and stock option holders. Thor Resources Investor Inc. will provide up to $1.618 million in equity financing.
The deal, recommended unanimously by the Board (excluding Griffith), requires approval from two-thirds of shareholders and a majority of minority shareholders. The transaction is expected to close in September 2025, after which Global Helium will delist from the CSE.
Global Helium Corp (CSE: HECO, OTC: HECOF) has announced the successful sale of assets in the Rudyard area of Montana, comprising one standing well and one section of associated mineral rights. The transaction, valued at USD $300,000, was completed with an arm's length helium operator. The company states this divestment will improve its liquidity position as it maintains focus on its core Canadian operations.
Global Helium Corp. (CSE: HECO, OTC: HECOF) has provided an update on North American Helium Inc.'s (NAH) test well drilling activities in the Vermillion Hills area of HECO's Saskatchewan acreage. The drilling was conducted under a seismic review option agreement announced on April 8, 2024. NAH has decided to abandon the test well after reaching total depth. As a result of drilling before December 30, 2024, NAH has earned an 80% working interest in 72 sections of HECO's land. Despite the abandonment, HECO views this as confirmation of their strategy to preserve capital and derisk exploration assets through joint ventures. The company plans to continue its partnership with NAH on other structures across the Saskatchewan land base. The test well has provided valuable geological data that will guide HECO's future exploration efforts.
Global Helium Corp. (CSE: HECO, OTC: HECOF) has announced the granting of incentive stock options as per the company's stock option plan. A total of 1,350,000 common shares will be available for certain directors, officers, and consultants. The stock options vest immediately and are exercisable at $0.08 per share, with a five-year expiration period. These shares will be subject to a statutory four-month hold period in accordance with applicable securities laws.
On May 22, 2024, Global Helium Corp. (HECOF) announced positive results from its 10-08 well near Medicine Hat, SE Alberta. The well tested at 4.1M cubic feet/day with helium concentrations of 0.56%-0.68%, confirming its second commercially viable opportunity. A pressure transient analysis indicated an expansive, productive reservoir with an absolute open flow potential of 8.05M cubic feet/day. Additionally, North American Helium will drill a test well on HECO's Saskatchewan acreage in Q3 2024, covering all drilling costs. HECO also acquired eight new sections of prospective land in Northern Alberta. The company canceled 1,295,000 stock options voluntarily surrendered by holders.
Global Helium Corp. has granted stock options to acquire up to 1,075,000 common shares to directors, officers, and consultants. The options are exercisable at $0.11 per share for five years.
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