ARIZONA COURT OF APPEALS RULES IN FAVOUR OF DESERT MOUNTAIN ENERGY
ARIZONA COURT OF APPEALS RULES IN FAVOUR OF DESERT MOUNTAIN ENERGY |
| [04-March-2025] |
TSX.V: DME VANCOUVER, BC, March 4, 2025 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME), (U.S. OTC: DMEHF), (Frankfurt: QM01) from the President of the Company. Desert Mountain Energy Corp. is pleased to announce that on March 4, 2025, the Arizona Court of Appeals, Division One, issued a 12-page opinion in which it found that the City of Flagstaff's claims against Desert Mountain Energy Corp were null and void. The Court instructed the Trial Court to enter summary judgment in favour of DME.
Robert Rohlfing, Executive Chairman of the Board and CEO of Desert Mountain Energy Corp, commented, "This has been a long, tedious four years. We are thankful for the wise counsel our attorneys have provided us, and we acknowledge the Court of Appeals' careful consideration of our requests." The company will issue further updates on these matters when deemed appropriate. ABOUT DESERT MOUNTAIN ENERGY Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and natural gas. The Company is focused on helium extraction from different raw gas sources in an environmental and economic manner, supplying elements deemed critical to the renewable energy and high technology industries. We seek safe harbor "Robert Rohlfing" Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations. Cautionary Note Regarding Forward-Looking Statements Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
SOURCE Desert Mountain Energy Corp. | ||
Company Codes: Frankfurt:DMEHF, TorontoVE:DME |
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