Global Helium Corp. (CNSX:HECO) acquired Pale Rider on May 18, 2022. This strategic acquisition is expected to be the first of several in the United States. Global's team had previously acquired and studied all existing seismic and technical data prior to making the Pale Rider acquisition. Additionally, the Company has granted 1,300,000 stock options to certain directors, officers, employees and consultants, issued pursuant to the Company's stock option plan. The options vest over a 12-month period, are exercisable at a price of $0.41 per share and expire in May 2027. The shares issuable upon exercise of the options may not be traded for 4 months and one day from the date of grant.

Global Helium Corp. (CNSX:HECO) completed the acquisition of Pale Rider on May 18, 2022.