Desert Mountain Energy proudly joined leaders from across Arizona last week as U.S. Environmental Protection Agency Administrator Lee Zeldin formally approved the State of Arizona's application for primacy to oversee permitting and regulatory responsibilities for all underground injection wells under the Safe Drinking Water Act. This landmark decision marks a major milestone for Arizona's energy sector, empowering the [...]
Frankfurt: QM01 Desert Mountain Energy Corp. From the President of the Company. DME is pleased to announce that it has closed on the third tranche of its non-brokered private placement offering originally announced on February 4, 2025. The Company has raised an additional C$215,000 through the issuance of 860,000 Units at a price of C $0.25 per Unit. The Company has now raised a total of C$971,500 through the issuance of [...]
Frankfurt: QM01 Desert Mountain Energy Corp. from the President of the Company. DME has entered into a non-disclosure agreement and memorandum of understanding with Sustany Holdings, effective April 27, 2025. Under the agreement, a large data center will be constructed and powered by a combination of grid electricity, solar energy, and electricity generated from natural gas utilizing high-efficiency gas turbines. This [...]
Desert Mountain Energy is pleased to share recent developments in its operations, legal matters, and strategic initiatives in Arizona, New Mexico, and the United Kingdom. Operationally, DME achieved a key milestone this month with the departure of its first helium trailer from its New Mexico processing facility. Formation of Desert Energy UK Ltd. and UK Exploration License DME is expanding its footprint internationally [...]
[wp=1294]Desert Mountain Energy Corp. Further to its non-brokered private placement offering originally announced on Feb 4, the Company is extending the closing of the private placement a further 30 days to May 16, 2025. Desert Mountain Energy is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and natural gas. The Company is focused on helium extraction from [...]
Desert Mountain Energy is pleased to announce significant progress on Senate Bill 1444, which aims to establish responsible helium exploration and production regulations in Arizona. On Thursday, March 13, 2025, the Arizona Senate voted to advance SB1444 to the House, where it received bipartisan support from stakeholders. The bill has now been transferred to the Arizona House of Representatives, where it will be assigned [...]
Desert Mountain Energy is pleased to announce that on March 4, 2025, the Arizona Court of Appeals, Division One, issued a 12-page opinion in which it found that the City of Flagstaff's claims against Desert Mountain Energy Corp were null and void. The Court instructed the Trial Court to enter summary judgment in favour of DME. Robert Rohlfing, Executive Chairman of the Board and CEO of Desert Mountain Energy Corp [...]
Desert Mountain Energy has entered into an exclusive licensing agreement with Hethos Ltd. for its proprietary helium extraction plant design, targeting operations in South West England. Hethos Ltd. is focused on a cost-effective proprietary process to extract hydrogen and then process it into a form suitable for safe bulk transportation. Desert Mountain Energy's autonomously operating plant is designed to be highly [...]
Desert Mountain Energy from the President of the Company. DME is pleased to announce that it has closed on the first tranche of its non-brokered private placement offering originally announced on Feb 4, 2025. The Company has initially raised C$514,000 through the issuance of 2,056,000 Units at a price of C $0.25 per Unit. Each Unit consists of one common share of the Company and one share purchase warrant, with each whole [...]
Desert Mountain Energy is pleased to announce significant progress on Senate Bill 1444, which aims to streamline helium exploration in Arizona, requiring that operations are 'designed, constructed, operated, and maintained to not discharge a contaminant into an aquifer.1' The bill successfully passed the Senate Committee on Natural Resources with a 5-2 vote on Tuesday, February 11, 2025, and has advanced to the Rules [...]
Desert Mountain Energy is pleased to announce that it is proceeding with a non-brokered private placement offering to raise up to CAD $2 Million. Under the terms of the private placement, the Company will offer for sale up to 8 million units at CAD $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 [...]
Desert Mountain Energy is pleased to share an update on its operations in New Mexico and Arizona, as well as a review of the audited financials for 2024. New Mexico Operations The helium processing facilities at the West Pecos Abo Gas Field in New Mexico were brought online over a span of several months. As stated in a press release dated October 30, 2024, we faced various software issues that were present from the [...]