American Helium (TSX.V: AHE) (OTC: AHELF) is positioned to bridge the helium supply gap with its estimated 7.85 billion square feet of helium reserves in Utah. An article further discussing the company reads: “The world is experiencing a helium supply shortage, and it is in need of pure-play helium producers. Medical industries need this critical component for cryogenics in MRI machines, and tech companies like Google and Netflix are integrating the resource into their own key initiatives. American Helium Inc. (TSX.V: AHE) (OTCQB: AHELF) is a junior energy company specializing in exploring for and developing helium assets in the United States. Led by Chairman David Sidoo, the company is working hard to fill the gap between supply and demand in the helium industry. Global demand for helium has risen by 10 percent per year over the past decade. The current supply of 5.4 billion cubic feet does not reach the eight billion cubic feet demand. If this trend continues, it is projected that the value of the helium market could exceed $1.5 billion by 2020 (http://nnw.fm/Mxf28). For companies like AHELF, this is good news.”
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About American Helium
American Helium Inc. is an exploration stage company with offices in British Columbia, Canada and Denver, Colorado. The company is currently exploring for helium in southeast Carbon County, Utah and evaluating additional potential acquisitions in known Helium productive regions. With planned exploration well(s) due in 2018, holding potentially significant helium resources positions American Helium to capture an opportunity offered by rising global helium prices due to growing demand for helium driven by new technology-based applications. American Helium Inc. is listed on the TSX Venture, OTCQB and Frankfurt markets. For more information, visit the company’s website at www.AmeriHelium.com.
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