Global Helium Corp. Announces Completion of Plan of Arrangement and Go-Private Transaction
Globenewswire·2025-10-31 20:30

Core Points - Global Helium Corp has completed its acquisition by 2679158 Alberta Ltd under a plan of arrangement, acquiring all issued and outstanding shares of the Company [1] - Shareholders holding 31,190,215 shares opted for cash consideration totaling $1,559,510.75, while 32,299,621 shares were exchanged for common shares in the Purchaser [2] - The Arrangement Resolution was approved with approximately 97.4% of votes in favor during the annual general and special meeting held on October 16, 2025 [3] - A final court order approving the Arrangement was obtained on October 23, 2025 [4] - The Company's Class A Common Shares are expected to be delisted from the Canadian Securities Exchange and OTC Pink Markets in the first week of November 2025 [5] Additional Information - Global Helium Corp is focused on helium exploration, acquisition, development, and production, with a unique farm-in agreement allowing access to approximately 369,000 acres in Alberta's Manyberries helium trend [7]