New Era Helium is one step closer to becoming a publicly traded company, following approval from the US Securities and Exchange Commission (SEC) of its registration statement.
Described by New Era Helium’s CEO, Will Gray, as a significant milestone, the news preempts a final shareholder vote on the merger that will take place 26th November 2024.
Gray added, “We are pleased the SEC has declared effective the registration statement and that the proxy statement has been mailed.”
“This development brings us closer to realising our vision of becoming a publicly traded, leading helium exploration and production company in North America.”
