Blue Star Helium ("BNL") has executed its first helium offtake agreement, a short-term purchase and sales agreement covering all helium output from its producing Pinon Canyon plant, which has a nameplate capacity of ~32mmcf/y. The agreement is with a multi-billion-dollar market cap, investment-grade rated, US-listed, global industrial gases company. This gives BNL strong commercial validation of both the product quality and the Galactica project. Pricing is fixed, based on current US spot market ....
