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First Helium HELI.V · CAD

Energy · TSX Venture · 🇨🇦 Canada

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About First Helium

Its shares trade on TSX Venture under the ticker HELI.V. It has been listed since 12 July 2021. In the fiscal year to 31 March 2025, it reported revenue of C$292,999 and a net loss of C$6.7m. At that date it held total assets of C$16.7m and shareholders' equity of C$11.5m.

First Helium, Inc. is a helium exploration, production and development company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2021-07-12. The firm is focused on exploring and developing two helium projects in Alberta, Canada. The Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 60,000 acres. The company holds First Helium's helium discovery well and two oil wells. The Southern Alberta Helium Fairway Project (Lethbridge) covers over 276,000 acres. Over 60% of First Helium's acreage has three-dimensional (3D) seismic coverage for identifying subsurface structures and closure necessary for trapping helium.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
12 Jul 2021

Leadership

Pay as last reported

  • Mr. Edward BereznickiPresident, Chief Executive Officer, Director, since 2020C$240,000
  • Mr. Robert ScottChief Financial Officer, Director, since 2017C$120,000
  • Mr. Shaun WyzykoskiVice President - EngineeringC$210,000
  • Mr. Todd HolmstromIndependent DirectorC$15,000
  • Mr. Calvin WatsonIndependent DirectorC$15,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Vancouver, British Columbia, with a focus on helium exploration and production.
  • Owns two helium projects in Alberta, including the advanced-stage Worsley Helium Project covering 60,000 acres.
  • Over 60% of acreage has 3D seismic coverage for identifying subsurface structures.

Weaknesses

  • No specific weaknesses mentioned in the provided information.
  • No details on financial performance or operational challenges provided.
  • Limited information on market position or competitive landscape.

Opportunities

  • Exploiting helium projects in Alberta, Canada, with significant acreage coverage.
  • Potential growth in helium demand for industrial and technological applications.
  • Advanced-stage Worsley Helium Project could lead to production and revenue generation.

Threats

  • No specific threats mentioned in the provided information.
  • No details on regulatory challenges or market competition provided.
  • Uncertainty around helium market volatility and pricing.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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