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Desert Mountain Energy Corp ( (TSE:DME) ) just unveiled an announcement.
Desert Mountain Energy Corp. announced the successful passage of Arizona Senate Bill 1444 by the Senate Committee on Natural Resources, which facilitates responsible helium exploration and production. The bill, supported by major industry organizations, aims to establish clear regulations for helium extraction, balancing economic benefits with environmental protection. This legislation is set to advance to the Arizona House of Representatives, with potential positive implications for the company and the state’s economy, particularly in education funding.
More about Desert Mountain Energy Corp
Desert Mountain Energy Corp. is a publicly traded company that focuses on the exploration, development, and production of helium, hydrogen, natural gas, and condensate. The company is committed to supplying critical elements to the renewable energy and high technology industries through environmentally and economically sound helium extraction from various raw gas sources.
YTD Price Performance: -25.00%
Average Trading Volume: 59,995
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$20.31M
See more insights into DME stock on TipRanks’ Stock Analysis page.
