DESERT MOUNTAIN ENERGY MAKES STRATEGIC MOVE TO ADDRESS RIG MOVING INFLATION & AVAILABILITY ISSUES

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TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01

VANCOUVER, BC, April 14, 2022 /CNW/ – DESERT MOUNTAIN Vitality CORP. (the “Corporation”) (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Enterprise.

The Firm is happy to announce that it has purchased five significant haul rigs to go drilling and plant processing tools. The Business has misplaced crucial time ready to get drilling equipment moved and has noticed a significant increase in significant haul rig fees. DME spent in excessive of USD 700,000.00 to transfer rigs and devices on the 1st 7 wells. Originally, the rig mobilization on Nicely #1 was roughly $26,000.00, in 18 months the price has escalated to $164,000.00 on Nicely #7 for rig de-mobilization. The Firm’s exceptional income position has built it doable to command expenses and timing of products moves with the obtain of 5 heavy haul vehicles. DME is finalizing the separate organization, which will have underneath 10 workers, and the gear will be contracted out and deliver more dollars stream to the company’s bottom line.

“Management has taken edge of a nutritious treasury to overcome inflation and offer chain challenges,” claims Robert Rohlfing, CEO of Desert Mountain Energy Corp. “This acquisition not only solves people troubles but will offer more money circulation. The fleet will be contracted out when not being made use of by the Organization.”

ABOUT DESERT MOUNTAIN Electrical power

Desert Mountain Vitality Corp. is a publicly traded source business principally centered on exploration, growth and creation of helium, hydrogen and noble gases. The Firm is largely seeking for aspects considered significant to the renewable vitality and superior technologies industries.

We seek out safe and sound harbor

“Robert Rohlfing”
Robert Rohlfing
Exec Chairman & CEO

Neither the TSX Venture Exchange nor its Regulation Companies Company (as that term is defined in polices of the TSX Undertaking Trade) accepts responsibility for the adequacy or accuracy of this release. The statements built in this press release may possibly have selected ahead-searching statements that contain a quantity of dangers and uncertainties. Precise functions or benefits may possibly vary from the Company’s expectations.

Cautionary Notice Relating to Forward-Wanting Statements

This news release includes “forward-on the lookout statements” in the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-on the lookout facts” inside the that means of relevant Canadian securities legislation. This sort of forward seeking statements and info herein consist of but are not constrained to statements relating to the Company’s predicted performance in the potential the planned exploration actions, receipt of beneficial results from drilling, the completion of further more drilling and exploration get the job done, and the timing and outcomes of different activities.

Forward-seeking statements or info contain recognised and unidentified threats, uncertainties and other factors that may well bring about the precise results, stage of exercise, efficiency or achievements of the Enterprise and its functions to be materially unique from those people expressed or implied by these statements. These factors include things like, amid others, alterations in national and community governments, legislation, taxation, controls, rules and political or economic developments in Canada and the United States fiscal pitfalls because of to helium rates, functioning or technical problems in exploration and growth functions pitfalls and dangers and the speculative nature of resource exploration and associated enhancement hazards in acquiring necessary licenses and permits, and issues to the Firm’s title to properties.

Forward-seeking statements are dependent on assumptions administration thinks to be fair, including but not minimal to the continued procedure of the Company’s exploration functions, no materials adverse adjust in the market place selling price of commodities, and these kinds of other assumptions and aspects as established out herein. Even though the Enterprise has attempted to determine essential variables that could induce true benefits to differ materially from those people contained in ahead-seeking statements or details, there may be other aspects that result in final results to be materially different from individuals expected, described, believed, assessed or intended. There can be no assurance that any forward-searching statements or information and facts will establish to be precise as true results and long term gatherings could vary materially from people expected in these statements or info. Appropriately, viewers ought to not spot undue reliance on forward-looking statements or details. The Company does not intend to, and nor does not suppose any obligation to update these ahead-looking statements or information and facts, other than as needed by applicable law.

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See original content:https://www.prnewswire.com/information-releases/desert-mountain-electricity-can make-strategic-move-to-address-rig-shifting-inflation–availability-difficulties-301525540.html

Resource Desert Mountain Strength Corp.

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Look at original articles: http://www.newswire.ca/en/releases/archive/April2022/14/c9794.html

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