Business
DESERT MOUNTAIN ENERGY REPORTS PARTICIPATION IN U.S. GOVERNMENT INITIATIVES AND WARRANT EXTENSION
DESERT MOUNTAIN ENERGY REPORTS PARTICIPATION IN U.S. GOVERNMENT INITIATIVES AND WARRANT EXTENSION...
About this update from Desert Mountain Energy Corp.
[{"type":"text","content":"\n\n\nDESERT MOUNTAIN ENERGY REPORTS PARTICIPATION IN U.S. GOVERNMENT INITIATIVES AND WARRANT EXTENSION\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.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTSX.V: DMEU.S. OTC: DMEHFFrankfurt: QM01\nVANCOUVER, BC, Dec. 30, 2025 /CNW/ - DESERT MOUNTAIN ENERGY CORP. (the \"Company\") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) from the President of the Company. DME reports the following items.\nParticipation in U.S. Government and Industry Initiatives\nThe 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.\nIn 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.\nThis 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.\nWarrant Extension\nSubject 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 is...