Imperial Helium Corp. to Commence Trading on TSX Venture Exchange Under the Ticker Symbol “IHC”


VANCOUVER, BC / ACCESSWIRE / May 20, 2021 / Imperial Helium Corp. (“Imperial” or the “Company“) is pleased to announce that it has received final approval for listing on the TSX Venture Exchange (“TSXV“). The common shares of the Company will commence trading on the TSXV effective May 21, 2021, under the symbol “IHC”.

The Company has a total of 85,490,451 common shares issued and outstanding. Of these, 20,615,945 common shares are subject to escrow restrictions and/or voluntary pooling restrictions. Specifically, 6,091,834 common shares are subject to escrow restrictions under National Policy 46-201 – Escrow for Initial Public Offerings, and another 1,136,111 common shares are subject to voluntary escrow restrictions on the same terms. 13,888,000 common shares are subject to voluntary pooling restrictions and will be released six months after the Listing Date noting this number includes 500,000 that are also subject to the escrow restrictions.

About Imperial
Imperial is focused on the exploration and development of helium production assets in North America. Driven by Canadian geoscience and engineering expertise, in combination with their proprietary helium well database, Imperial Helium is securing helium assets to meet the growing global helium demand and supply short falls in the market.

For additional information please contact:

David Johnson
Chief Executive Officer

David Robinson
Chief Financial Officer

Imperial Helium Corp.
500 – 736 8th Ave SW
Calgary, AB T2P 1H4

Forward-Looking Statement Disclaimer
Certain information included in this press release constitutes forward-looking information under applicable securities legislation. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “will” or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information in this press release may include, but is not limited to, statements concerning the commencement of trading of the common shares on the TSXV. The forward-looking statements contained in this press release are based on certain key expectations and assumptions made by Imperial. Although Imperial believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Imperial can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the helium industry in general (e.g., operational risks in development, exploration and production; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, the current COVID-19 pandemic, changes in legislation impacting the helium industry, adverse weather or break-up conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

The forward-looking information contained in this press release is made as of the date hereof and Imperial undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this press release is expressly qualified by this cautionary statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Imperial Helium Corp.

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