DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. DME is pleased to announce significant progress on Senate Bill 1444, which aims to streamline helium exploration in Arizona, requiring that operations are ‘designed, constructed, operated, and maintained to not discharge a contaminant into an aquifer.1‘ The bill successfully passed the Senate Committee on Natural Resources with a 5-2 vote on Tuesday, February 11, 2025, and has advanced to the Rules Committee. A full Senate vote is expected shortly, after which the bill will proceed to the Arizona House of Representatives.
The proposed legislation has garnered strong support from key industry organizations, including the Arizona Chamber of Commerce, Arizona Technology Council, and Americans for Prosperity. These endorsements underscore the importance of clear and concise regulations to facilitate safe and responsible helium extraction and production in Arizona.
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