Bruin Point Helium Corp. (the “Company” or “Bruin Point“) proposes to change its name to “American Helium Inc.” The name change was approved by the board of directors, in accordance with the articles of the Company, and is subject to the approval of the TSX Venture Exchange.
David Sidoo, Chairman says:
“Due to the nature of our exploration and development work, we have decided to change the Company name to American Helium Inc.; branding we felt was more indicative of our focus on the North American Helium market. North America is the leading global consumer of Helium; however, it is also facing supply constraints, directly resulting from a variety of circumstances both domestic and international. We aim to position ourselves as a major producer of Helium in North America and our new name reflects his.”
For more information about Bruin Point, please visit http://www.bruinpoint.com/.
About Bruin Point Helium
Bruin Point Helium Corp., headquartered in British Columbia, Canada, is exploring for helium on its acreage, covering 17,767 acres (100% Working Interest (WI) and 87.5% Net Revenue Interest (NRI) in all 12 leases) in southeast Carbon County, Utah, with planned exploration well(s) due in 2018. Holding potentially significant helium resources, Bruin Point Helium is poised to capture the opportunity offered by rising helium prices due to growing demand for helium globally being driven by new technology-based applications. Bruin Point Helium Corp. is listed on the TSX Venture Exchange.