The Conversation (0)
TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
Desert Mountain Energy Corp. (the "Company") (TSXV: DME,OTC:DMEHF) (U.S. OTC: DMEHF) (Frankfurt: QM01) from the President of the Company. DME reports the following items.
Participation in U.S. Government and Industry Initiatives
The Company was asked to participate in and make a submission for the Acquisition Transformation Strategy (ATS), a U.S. government initiative transitioning from a requirements-based acquisition framework to a solution-based acquisition approach intended to more effectively address operational needs.
In addition, the Company was invited by the Office of the Assistant Secretary of War for Industrial Base Policy (OASW(IBP)) and the Defense Industrial Base (DIB) to participate in Acquisition Transformation Strategy sessions held in conjunction with the DoW Symposium on January 20, 2026, in Phoenix, Arizona.
This engagement is intended to address questions regarding potential helium off-take pathways. The Company continues to work with our National Laboratories with respect to both off-take agreements and end-use applications for helium-3 and helium-4, which the Company believes are aligned with U.S. national security interests. The Company's interaction with representatives from both NATO and UK MoD further advances the Company's long-term opportunities in Devon, UK.
Warrant Extension
Subject to the prior approval of the TSX Venture Exchange (the "TSXV") the Company plans to extend the expiry date of a total of 3,926,000 warrants (the "Warrants") issued in early 2025. By news releases dated February 28, March 17, May 2 and May 16, 2025, the Company closed four tranches of a private placement, which saw the issuance of a total of 3,926,000 warrants, all priced at $0.35 and with a one-year expiry from their issuance. The Company plans to extend all of the Warrants to now have a common expiry date of January 30, 2027. The Warrants will not be repriced, but will keep the original exercise price of $0.35 per share.
ABOUT Desert Mountain Energy
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and natural gas. The Company is focused on helium extraction from different raw gas sources in an environmental and economic manner, supplying elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities. Any requests by the DoW or any other government agency are not to be construed as a binding contractual obligation on the part of OASW(IWP) or the Dow.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
View original content:https://www.prnewswire.com/news-releases/desert-mountain-energy-reports-participation-in-us-government-initiatives-and-warrant-extension-302650494.html
SOURCE Desert Mountain Energy Corp.
View original content: http://www.newswire.ca/en/releases/archive/December2025/30/c6168.html
