American Helium Inc. has announced its President, CEO and Director has resigned, effective immediately.

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Source: American Helium

Chief Financial Officer and Director Lawrence Pemble will assume the role of interim CEO, taking over from Frank Jacobs (left).

In a statement, the Canadian company said, “Frank Jacobs has resigned as President, CEO and Director of the company effective immediately. The board thanks Mr Jacobs for his contributions during his tenure with the company and we wish him the best in his future endeavours. Lawrence Pemble will assume the role of interim CEO.”

About American Helium

American Helium is an exploration stage company with offices in British Columbia, Canada and Denver, Colorado. The company is currently exploring for helium in Carbon County, Utah, SE Colorado and Navajo County, Arizona while evaluating additional potential acquisitions in known helium productive regions.