09:51 AM EST - Desert Mountain Energy Corp. : Provided a brief update on the status of the Company and its work programs in the current environment as well as an overview of the worldwide helium market in light of the covid-19 pandemic.The Company closed a financing for $1.6 Million on February 27, and as a result has large cash reserves with which to fund its future work programs as well as for working capital. It has no long-term debt. At present, the Company is fully operative, with none of our management or staff having contracted COVID-19 and all personnel currently working comfortably and safely from their home offices. The company is moving forward with its planned drill programs for Helium in Arizona's Holbrook Basin as well as in Oklahoma at the Kight Gilcrease Sand Unit, with the permitting process underway in Arizona and drill permits having already been issued in Oklahoma. Desert Mountain Energy Corp.
shares V.DME are trading unchanged at $0.19.
