Royal Helium completed the acquisition of Imperial Helium.

Royal Helium, a publicly company traded on the TSX Venture exchange, completed the acquisition of Imperial Helium, a Canadian company currently developing the Steveville Asset in Alberta, Canada as well as evaluating other opportunities in North America. Financial terms were not disclosed. "We are excited to have entered into this agreement with Imperial. The Steveville property, along with all of the other properties that Imperial has been targeting, make an accretive addition to Royal's near-term Climax field as well as adding to the expansive properties currently held by Royal. This acquisition would allow Royal to initiate production and significant cash flow from multiple fields near term, accelerate its production profile and enhance future growth for all shareholders," Andrew Davidson, Royal Helium President and CEO.