M&A / Property
Global Helium Corp. Announces Completion of Plan of Arrangement and Go-Private Transaction

HECO · Price
Executive Summary
- Global Helium Corp. completed its acquisition by 2679158 Alberta Ltd. under a court‑approved plan of arrangement.
- Shareholders received cash consideration of $0.05 per share for 31,190,215 shares and share consideration for 32,299,621 shares.
- The Company will delist its Class A Common Shares from the CSE and OTC Pink in early November 2025 and intends to cease reporting in Alberta, British Columbia and Ontario.
Key Details
- Arrangement Structure: Purchaser acquired all issued and outstanding Class A Common Shares, Series A Preferred Shares and Series B Preferred Shares of Global Helium Corp.
- Cash Consideration: $1,559,510.75 paid to shareholders electing cash (≈ $0.05 per share) for 31,190,215 shares.
- Share Consideration: Eligible shareholders electing shares received common shares in the capital of the Purchaser for 32,299,621 shares.
- Shareholder Approval: Special resolution approved at the annual general and special meeting on October 16 2025 with 97.4% of votes cast (29,088,128 votes) in favour; minority approval obtained per MI 61‑101.
- Court Order: Final order approving the Arrangement issued by the Court of King’s Bench of Alberta (Commercial List) on October 23 2025.
- Delisting Timeline: Class A Common Shares expected to be delisted from the CSE and OTC Pink during the first week of November 2025.
- Reporting Status: Post‑delisting, Global Helium Corp. will apply to cease being a reporting issuer in Alberta, British Columbia, and Ontario under Canadian securities laws.
- Reference Documents: Management Information Circular dated September 12 2025 available on SEDAR+.
Notable Quotes
(No direct quotes were provided in the release.)
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Nov 03, 2025 · 12:39