TSXV - Delayed Quote • CAD Desert Mountain Energy Corp. (DME.V) Follow Compare 0.3100 +0.0100 +(3.33%) At close: January 10 at 3:18:25 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Desert Mountain Energy Corp.'s (CVE:DME) Profit Outlook With the business potentially at an important milestone, we thought we'd take a closer look at Desert Mountain Energy... DESERT MOUNTAIN ENERGY CORP. PROVIDES OPERATIONAL UPDATE DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy is pleased to announce that the West Pecos Slope Abo Gas Field has been successfully operational for over two months. The plant is autonomous, with an AI component coordinating the integrated systems necessary to process the various crude gas components being produced by the wells. DESERT MOUNTAIN ENERGY CORP. CONTINUES TO GROW SUPPORT FOR HELIUM INDUSTRY IN ARIZONA DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. As interest in the helium industry in Arizona continues to grow, DME, along with a coalition of interested parties, is coming together to push for legislative change that will support the economic extraction of helium and hydrogen gases while also protecting vital aquifers. DESERT MOUNTAIN ENERGY CORP. ANNOUNCES COMMERCIAL PRODUCTION OF HELIUM DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. is pleased to announce that the separation of commercial volumes of helium from a complex natural gas stream has been achieved. The processing plant has been recirculating and enriching helium with the end product going into an end user's tube trailer. The facility has been in commercial operation following the resolution of numerous issues by th DESERT MOUNTAIN ENERGY CORP. - CLARIFICATION OF PREVIOUSLY DISCLOSED INFORMATION DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp., at the request of the BC Securities Commission, clarifies information previously disclosed in its news release of June 19, 2023. The Company retracts its statement that "The well files clearly show elevated helium and hydrogen percentages ranging from 3.863% to 1.374%." and its statement that "The gas tests from 02/23 are instrumental in constru Desert Mountain Energy Third Quarter 2024 Earnings: CA$0.018 loss per share (vs CA$0.017 loss in 3Q 2023) Desert Mountain Energy ( CVE:DME ) Third Quarter 2024 Results Key Financial Results Net loss: CA$1.66m (loss widened by... DESERT MOUNTAIN ENERGY CORP: ADVANCING HELIUM EXTRACTION IN ARIZONA DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. ("DME" or the "Company") is pleased to announce its ongoing collaboration with key stakeholders across Arizona, including members of Congress, relevant state agencies, trade associations, and the private sector, to advance the responsible extraction of helium. Desert Mountain Energy Corp.'s (CVE:DME) Shift From Loss To Profit With the business potentially at an important milestone, we thought we'd take a closer look at Desert Mountain Energy... DESERT MOUNTAIN ENERGY CORP. GRANTS CORPORATE OPTIONS DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. ("DME" or the "Company") has granted a total of 5,875,000 incentive stock options at an exercise price of $0.36 per share to its directors, officers, employees, and consultants. The options will be exercisable for a period of 3 years. DESERT MOUNTAIN ENERGY CORP. INITIATES HELIUM PRODUCTION DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce the commencement of operations at its helium processing plant on the West Pecos Field in New Mexico. The plant is currently separating helium from the natural gas stream and transferring it to an offtake trailer. The startup procedure will involve optimization and potential programming improvements, with an estimated duration of 60-90 DESERT MOUNTAIN ENERGY ANNOUNCES STRATEGIC PARTNERSHIP WITH BEAM EARTH LTD. FOR HYDROGEN IN ARIZONA AND NEW MEXICO DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has signed a new agreement with Beam Earth Ltd. to commence hydrogen exploration in Arizona, targeting the fourth quarter of 2024. The previously announced agreement dated July 18, 2022 is superseded by the new arrangement. Under the terms of the new agreement, Beam Earth Ltd. will finance the following: DESERT MOUNTAIN ENERGY GENERAL OPERATIONAL UPDATE DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to update its shareholders on the current operational developments in New Mexico and Arizona. DME has successfully installed the necessary physical equipment for the helium processing plant in New Mexico, achieving its initial objective of becoming a fully vertically integrated helium company. The required hardware and software components for hand Desert Mountain Energy Full Year 2023 Earnings: CA$0.14 loss per share (vs CA$0.10 loss in FY 2022) Desert Mountain Energy ( CVE:DME ) Full Year 2023 Results Key Financial Results Net loss: CA$11.6m (loss widened by 54... DESERT MOUNTAIN ENERGY CORP. STATUS REPORT ON ANNUAL FINANCIAL STATEMENTS AND RELATED FILINGS Desert Mountain Energy Corp. (the "Company" or "Desert Mountain") (TSXV: DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and other documents (the "Required Filings") as set out in its news release of January 30, 2024. At this time, the Company is continuing to work on the Required Filings and has no further information on this matter. The Company still anticipates that it will be in a position to remedy the default by DESERT MOUNTAIN ENERGY CORP. ANNOUNCES DELAY IN FILING OF ANNUAL FINANCIAL STATEMENTS AND RELATED FILINGS Desert Mountain Energy Corp. (the "Company" or "Desert Mountain") (TSXV: DME) was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and chief executive officer and chief financial officer certifications in respect of the foregoing, as well as its statement of reserves data and other oil and gas information, report on reserves data by an independent qualified reserves evaluator or auditor, report of management and directors on oil DESERT MOUNTAIN ENERGY COMPLETES REASSEMBLY OF WEST PECOS FIELD PLANT DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. (DME) is pleased to announce the successful reassembly of its natural gas and helium processing and extraction facility. The Company has received the final operational permit from the BLM. The company has made several plant modifications to enhance safety and accommodate upcoming regulatory changes in 2024. These modifications have allowed D Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return DME.V S&P/TSX Composite index YTD +6.90% +0.60% 1-Year -13.89% +18.10% 3-Year -87.55% +17.47%