Resource exploration company American Helium (TSX.V: AHE) (OTC: AHELF) is focused on the global growth of technology-driven demand for helium and the development of high grade helium resources in North America. An article further discussing the company reads: “Experts predict that the demand for the gas will continue to grow in the years to come. The global helium market set to exceed $1.5 billion by 2020, advancing at a compound annual growth rate of 9 percent, according to Technavio analysts. Over 20 percent of the global helium demand is for healthcare applications. MRI machines are being installed in hospitals more frequently than ever before, potentially increasing the demand for helium in the medical industry. Innovative aerospace projects and technical applications are also expected to elevate the helium market forecasts in the years to come. Large corporations such as Google and Netflix have both been buying up significant amounts of helium, as the gas can increase the storage capacity of hard drives while also bringing down power consumption.”
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About American Helium
American Helium Inc. is an exploration stage company with offices in British Columbia, Canada and Denver, Colorado. The company is currently exploring for helium in southeast Carbon County, Utah and evaluating additional potential acquisitions in known Helium productive regions. With planned exploration well(s) due in 2018, holding potentially significant helium resources positions American Helium to capture an opportunity offered by rising global helium prices due to growing demand for helium driven by new technology-based applications. American Helium Inc. is listed on the TSX Venture, OTCQB and Frankfurt markets. For more information, visit the company’s website at www.AmeriHelium.com.
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