Total Helium Ltd. Faces Delisting of Warrants Amid Trading Halt

In a significant development for Total Helium Ltd., a Vancouver-based company specializing in helium exploration, production, and storage solutions, the TSX Venture Exchange has announced the delisting of 25 million warrants effective April 28, 2025. This move comes as the company seeks to amend the terms of these warrants, which were initially issued in connection with a private placement financing.

The warrants, exercisable at $0.75 per share until May 1, 2025, are set to be delisted under the ticker symbol “TOH.WT.A.” This decision is part of a broader strategy to streamline the company’s financial instruments and align them with its current operational goals.

Adding to the complexity of the situation, the Canadian Investment Regulatory Organization (CIRO) has imposed a trading halt on Total Helium Ltd.’s securities. The halt, effective from 9:20 AM ET on April 25, 2025, is pending the delisting of the warrants. CIRO, the national self-regulatory organization overseeing investment dealers and trading activities in Canada, has implemented this suspension to ensure a fair and orderly market during this transitional period.

Total Helium Ltd., with a market capitalization of 1,020,000 CAD and a share price of 0.01 CAD as of April 23, 2025, has experienced significant volatility over the past year. The company’s 52-week high was 0.08 CAD, while its low matched the current share price, reflecting the challenges faced in the materials sector.

The delisting and trading halt are critical steps for Total Helium Ltd. as it navigates its financial restructuring. The company’s focus remains on providing global helium exploration, production, and storage solutions, leveraging its expertise to meet the growing demand for helium in various industries.

As Total Helium Ltd. moves forward with these changes, stakeholders are advised to stay informed about the company’s strategic initiatives and the potential impact on its financial performance. The company’s commitment to transparency and regulatory compliance will be crucial in maintaining investor confidence during this period of adjustment.