DESERT MOUNTAIN ENERGY ANNOUNCES PRIVATE PLACEMENT OFFERING

Core Viewpoint - Desert Mountain Energy Corp. is initiating a non-brokered private placement to raise up to C$275,000 by offering up to 1.1 million units at C$0.25 per unit [1][2]. Group 1: Private Placement Details - Each unit consists of one common share and one share purchase warrant, allowing the purchase of an additional share at C$0.35 for one year from closing [2]. - Finder's fees of up to 8% in cash and 8% in finder warrants are applicable, with finder warrants having an exercise price of C$0.25 per share [2]. - The units will be subject to a 4-month hold period and the private placement requires approval from the TSX Venture Exchange [2]. Group 2: Company Overview - Desert Mountain Energy Corp. is focused on the exploration, development, and production of helium, hydrogen, and natural gas [3]. - The company aims to extract helium from various raw gas sources in an environmentally and economically sustainable manner, supplying critical elements for renewable energy and high technology industries [3].