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.”
To view the full article, visit http://nnw.fm/e8xT5
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.
More from NetworkNewsBreaks
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com