Business
Desert Mountain Energy Announces Full OTCQB Board Listing
(TheNewswire) November 0 3 , 2020 - TheNewswire - Vancouv...
About this update from Desert Mountain Energy Corp.
[{"type":"text","content":"Desert Mountain Energy Announces Full OTCQB Board Listing\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n November 0\n \n \n 3\n \n \n , 2020 -\n \n \n TheNewswire -\n \n \n Vancouver, British Columbia - DESERT\nMOUNTAIN ENERGY CORP. (TSXV:DME\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:DMEHF\n \n \n )\n \n \n ,\n \n \n (\n \n \n Frankfurt:QM01)\n \n \n is pleased to announce that it has been granted\nOTCQB listing status in the U. S. This move will help facilitate\neasier access for brokers and new shareholders in the United\nStates.\n \n \n \n \n \n \n Also, the company has\nmade significant progress in regards with the decision for placement\nof the final helium processing facilities and solar power generation\nplant in NE Arizona. Upon a purchase agreement being signed, it is\nanticipated that a phase one environmental study will be conducted,\nprior to closing on the industrial property we are looking at.\n \n \n \n \n \n \n Additionally, the board\nvoted to grant incentive stock options to the most recently appointed\nboard members, the CFO and to two other individuals who perform work\nfor the company in its corporate offices. These options were granted\non October 28,2020 and are subject to any necessary regulatory\napprovals.\n \n \n \n \n \n \n Said options were\ngranted under the Company's Stock Option Plan and are exercisable for\na period of 3 years at a price of CAD $1.76 per Share. They are\nsubject to the Company's customary vesting policy in accordance with\nthe Company's rolling stock option plan and guidelines established by\nthe exchange.\n \n \n \n \n \n \n About\nDesert Mountain Energy\n \n \n \n Desert Mountain Energy Corp. is a publicly traded exploration and\nresource company focused on the discovery and development of rare\nearth gas fields in the US. The Company is primarily looking for\nelements deemed critical to the green energy and high technology\nindustries. We are an equal opportunity employer.\n \n \n We seek safe harbor\n \n \n \n \"Robert Rohlfing\"\n \n \n \n \n Robert Rohlfing\n \n Chairman & CEO\n \n \n For more information, contact:\n \n \n \n \n \n Don Mosher, Vice President of Finance\n \n \n (604) 617-5448\n \n \n E-mail: [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The TSX Venture Exchange has not reviewed and does not\naccept responsibility f...