{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSXV/HELI",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# First Helium Inc. (TSXV: HELI) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is First Helium Inc., listed on the TSXV under ticker HELI. Its LEI is 254900442XSIK0A6OT46 and its ISIN is not on the record. Its security type is Corporate, its sector is Oil & Gas, and its jurisdiction is British Columbia (CA-BC). Its segment is not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 5 filings in the twelve months to 2026-11-06, on 5 filing days: 1 exchange bulletin, 1 halt resume and 3 newswire releases. The median gap between filing days is 27.0 days. The latest filing is a newswire release dated 2026-11-03, 3 days before the record date. The TSXV exchange peers show 1427 issuers, a median cadence gap of 19 days, a median of 9 filings and a median latency of 17.0 days. The Oil & Gas sector peers show 113 issuers, a median cadence gap of 17 days, a median of 13 filings and a median latency of 5 days.\n\n## Auditor\n\nThe auditor of record is not on the record (none found). Its location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move. The halt flag is listed, not halted.\n\n## Orderability\n\nUnder paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 1 research house, Cormark Securities Inc.\n\n## Open research\n\nThe record holds no openly published research notes; none was found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer has no sealed years on the record. The market's vintage is not sealed, so the earliest sealed date is not on the record. The live record began on 2026-09-10. The store holds sealed years 2021 through 2026 for this market, but they are not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsxv/^* (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/254900442XSIK0A6OT46 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSXV/HELI (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.firsthelium.com/investors/analyst-coverage.html (coverage)\n- https://mcp.ca-cm-kg.ai/record/TSXV/HELI (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSXV/HELI",
  "coverage": {
   "count": 1,
   "houses": [
    {
     "analyst": "Brent Watson",
     "house": "Cormark Securities Inc.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.firsthelium.com/investors/analyst-coverage.html",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.firsthelium.com/investors/analyst-coverage.html",
     "result": "read: 1 of 2 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1427,
     "median_cadence_gap_days": 19,
     "median_filings": 9,
     "median_latency_days": 17,
     "name": "TSXV"
    },
    "sector": {
     "issuers": 113,
     "median_cadence_gap_days": 17,
     "median_filings": 13,
     "median_latency_days": 5,
     "name": "Oil & Gas"
    }
   },
   "by_type": {
    "exchange_bulletin": 1,
    "halt_resume": 1,
    "newswire_release": 3
   },
   "cadence_median_gap_days": 27,
   "filing_days": 5,
   "filings": 5,
   "latency_days": 3,
   "latest": [
    {
     "category": null,
     "date": "2026-11-03",
     "source": "https://www.newsfilecorp.com/release/321380/First-Atlas-Completes-7.375-LineKilometres-of-Seismic-Acquisition-in-Nova-Scotia-and-Advances-Hydrogen-and-Helium-Targeting",
     "title": "First Atlas Completes 7.375 Line-Kilometres of Seismic Acquisition in Nova Scotia and Advances Hydrogen and Helium Targeting",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.newsfilecorp.com/release/321380/First-Atlas-Completes-7.375-LineKilometres-of-Seismic-Acquisition-in-Nova-Scotia-and-Advances-Hydrogen-and-Helium-Targeting",
     "title": "First Atlas Completes 7.375 Line-Kilometres of Seismic Acquisition in Nova Scotia and Advances Hydrogen and Helium Targeting",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-13",
     "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=321988&CORRECTION_FLG=N&HC_FLAG1=checked",
     "title": "TSXV bulletin: HALT (Trading Status)",
     "type": "halt_resume"
    },
    {
     "category": null,
     "date": "2026-09-04",
     "source": "https://www.newswire.ca/news-releases/avanti-helium-closes-first-drawdown-of-us-5-million-with-riverfort-global-opportunities-837107076.html",
     "title": "Avanti Helium Closes First Drawdown of US $5 Million with Riverfort Global Opportunities",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-06-15",
     "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=318942&CORRECTION_FLG=N&HC_FLAG1=checked",
     "title": "TSXV bulletin: PP-N-B (Financings that are not done thru an Exchange Offering Prospectus)",
     "type": "exchange_bulletin"
    }
   ],
   "latest_filing_date": "2026-11-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSXV/HELI",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "TSXV"
   },
   "isin": {
    "market": "CA",
    "reason": "no ISIN found on issuer pages",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/254900442XSIK0A6OT46",
    "state": "sourced",
    "value": "British Columbia (CA-BC)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/254900442XSIK0A6OT46",
    "state": "sourced",
    "value": "254900442XSIK0A6OT46"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "First Helium Inc."
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Oil & Gas"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "HELI"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:2a08a8b5b4026c1018b2a39eb32cdd8a4a60645bef819de98dfdfa4307020b9f",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSXV/HELI",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:2a08a8b5b4026c1018b2a39eb32cdd8a4a60645bef819de98dfdfa4307020b9f",
 "path": "/ca/TSXV/HELI",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is First Helium Inc., listed on the TSXV under ticker HELI. Its LEI is 254900442XSIK0A6OT46 and its ISIN is not on the record. Its security type is Corporate, its sector is Oil & Gas, and its jurisdiction is British Columbia (CA-BC). Its segment is not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 5 filings in the twelve months to 2026-11-06, on 5 filing days: 1 exchange bulletin, 1 halt resume and 3 newswire releases. The median gap between filing days is 27.0 days. The latest filing is a newswire release dated 2026-11-03, 3 days before the record date. The TSXV exchange peers show 1427 issuers, a median cadence gap of 19 days, a median of 9 filings and a median latency of 17.0 days. The Oil & Gas sector peers show 113 issuers, a median cadence gap of 17 days, a median of 13 filings and a median latency of 5 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record (none found). Its location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under paragraph (o) of the definition, the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 1 research house, Cormark Securities Inc.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds no openly published research notes; none was found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer has no sealed years on the record. The market's vintage is not sealed, so the earliest sealed date is not on the record. The live record began on 2026-09-10. The store holds sealed years 2021 through 2026 for this market, but they are not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/254900442XSIK0A6OT46"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSXV/HELI"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.firsthelium.com/investors/analyst-coverage.html"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSXV/HELI"
  }
 ],
 "title": "First Helium Inc. (HELI) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}