Business
Bruin Point Helium Corp Provides Analysis of the North American Helium Market
Bruin Point Helium Corp Provides Analysis of the North American Helium Market Cana...
About this update from Auscan Resources Inc.
[{"type":"text","content":"\n\n\n\nBruin Point Helium Corp Provides Analysis of the North American Helium Market\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 17, 2018\n\n\n\nGrowing Demand for Helium Highlights Importance of Reliable Resource Supply\n\n\n\nVANCOUVER, Jan. 17, 2018 /CNW/ - Bruin Point Helium Corp. (the \"Company\" or \"Bruin Point\") (TSX Venture: BPX) provides a market overview and update on key supply and demand factors affecting the North American Helium Market; namely, the closure by 2021 of the Bureau of Land Management's (BLM) Helium Reserve and Geopolitical issues in the Middle East, causing possible market fragility and highlighting the need for new North American sources of helium.\n\nBruin Point's Chairman, David Sidoo notes that \"We felt that a closer look at the North American Helium Market would be a natural follow-on to our global helium market update news release (December 18, 2017), and of benefit to our shareholders and potential shareholders, or for those who simply wish to understand the reasons Bruin Point is pursuing entry into this market through the development of its Utah exploration project.\" \n\nBruin Point is a helium exploration and development company. The Company holds 100% Working Interest (\"WI\") and 87.5% Net Revenue Interest (\"NRI\") in 12 federal leases over 17,767 acres located in southeast Carbon County, Utah (the \"Project\"). The Company is nearing completion of its Second Phase Seismic Programme, which once completed will assist in the identification of drill targets fo...