Distributed on behalf of Altura Energy Corp.
Helium may be one of the most overlooked commodities in the world, but it plays a critical role in industries ranging from healthcare and semiconductors to aerospace and defense. Unfortunately, over the last several years, global helium markets have experienced repeated supply disruptions, including outages at major production facilities in the United States, Qatar, and Russia. These disruptions have led to periods of tight supply and significant price increases. All of which creates opportunity for companies such as Altura Energy Corp. (TSXV: ALTU) (OTCQB: ALTUF), Pulsar Helium (TSXV: PLSR) (OTCQB: PSRHF), Avanti Helium (TSXV: AVN) (OTC: ARGYF), First Helium (TSXV: HELI) (OTCQB: FHELF), and Desert Mountain Energy (TSXV: DME) (OTC: DMEHF).
Following Iranian strikes in March 2026, Qatar, which accounts for about a third of global supply) has seen significant supply disruptions. Not helping, Russia has helium export controls in place until the end of 2027, as noted by The Moscow Times. “Russian officials said the export regime is intended to prioritize supply stability in the domestic market, according to media reports. The export controls were enacted as part of a broader executive order signed by President Vladimir Putin shortly after the 2022 invasion of Ukraine, which outlined ‘special economic measures’ to insulate the Russian economy from Western sanctions,” they added.
At the same time, demand for helium continues to grow. The semiconductor industry relies on helium for chip manufacturing, while the healthcare sector uses it extensively in MRI machines. Artificial intelligence, data centers, and advanced manufacturing are further driving the need for semiconductors, indirectly boosting helium consumption. According to analysts at IDTechEx, global helium demand is expected to continue growing over the next decade, creating concerns that supply may struggle to keep pace.
Look at Altura Energy Corp. (TSXV: ALTU) (OTCQB: ALTUF), For Example
Altura Energy Corp. announced that it has returned the two wells worked over to date, PSOC 23-15 and PSOC 22-8, to production following work completed during the Company’s 2025 field program. The flow rates are improving daily and final rates will be announced once wells have stabilized.
In addition, Altura has completed cased hole log analysis on three previously drilled wells. The analysis identified additional potential within the Shinarump formation, increasing the number of prospective workover candidates from six to seven wells. To advance the next phase of field activity, a workover rig arrived on site on June 11 and has commenced workovers on the remaining five prospective wells in Saddle Horse Draw.
"The successful return of production is only the first step in unlocking long-term value from the Pinta South Helium Field,” said Ashley Lastinger, CEO of Altura. "With the log analysis having identified a seventh workover target and the rig on site, we are well positioned to accelerate helium production growth and field development.”
All seven wells in the Saddle Horse Draw area are tied into the on-site helium processing facility by the eight-mile pipeline recently completed by the Company. Any helium produced from these wells will be sold through a long-term offtake agreement.
Other related developments from around the markets include:
Pulsar Helium, a primary helium company, is pleased to provide a technical update on the Company's Topaz Helium Project in Minnesota. Thomas Abraham-James, CEO of Pulsar Helium, commented: "The Topaz Project has never been better positioned. We have drilled seven successful exploration wells, built a thorough understanding of our reservoir system across the acreage, and secured an expanded, strategically important land position in the immediate project area, much of it at remarkably competitive royalty rates. The passage of new Minnesota helium legislation has added a further layer of confidence, giving us a clear and supportive regulatory framework for the path ahead. We head into our production-ready well drilling campaign with real momentum, strong technical foundations, and a project that we believe has the potential to be a transformative U.S. primary helium project. The hard work of the exploration phase is complete, now it is time to build."
Avanti Helium Corp. announced a major execution milestone at its flagship Sweetgrass Helium Project in Montana, having advanced the initial payment installment required to commence final plant modifications, disassembly, and relocation of its helium processing facility to Montana. This payment formally initiates the next phase of development, allowing plant optimization work, disassembly, logistics coordination, and mobilization activities to begin immediately, marking the transition of Sweetgrass from late-stage development into the final path toward production. The Company continues to target first helium production by mid-2026, positioning Avanti to become one of the few new North American helium producers entering the market at a time of tightening global supply and growing U.S. strategic demand. The processing plant, which was previously constructed and successfully operated, will now undergo final project-specific modifications before being transported to the Company’s Sweetgrass site in Montana for installation and commissioning.
First Helium announced the closing of its non-brokered private placement financing which was previously announced in the Company's press release dated April 28, 2026. First Helium issued 51,590,000 units at a price of $0.05 per Unit for gross proceeds of $2,579,500. Each Unit is comprised of one common share in the capital of the Company and one transferrable common share purchase warrant. Each Warrant will be exercisable to acquire one Share at a price between $0.10 to $0.15 cents per Share, depending on the date of exercise, for a period of 36 months, expiring May 27, 2029, subject to an acceleration clause. The Company intends to use the net proceeds from the Private Placement Offering to fund additional asset development and operating expenses on its Worsley project, as well as for general working capital.
Desert Mountain Energy announced that it is proceeding with a non-brokered private placement offering to raise up to C$275,000. Under the terms of the private placement, the Company will offer for sale up to 1.1 million units at C$0.25 per Unit. Each Unit will consist of one common share of the Company and one share purchase warrant, with each whole Warrant allowing the subscriber to purchase one additional share of the Company for a period of one year from the date of the closing at a price of C$0.35 per share. Finder's fees are payable of up to 8% in cash and 8% in finder warrants, with the finder warrants having an exercise price of C$0.25 per share. The Units will be subject to a 4-month hold period. The private placement is subject to the approval of the TSX Venture Exchange.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Altura Energy Corp. by Altura Energy Corp. We own ZERO shares of Altura Energy Corp. Please click here for disclaimer.
Contact:
Ty Hoffer
Winning Media
281.804.7972
[email protected]
