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TCDC, New Era Helium's JV, signs LOI with Leading Global Provider of High Performance Cloud for AI and Modern Workloads for 250MW AI Data Center Joint Venture in the Permian Basin

1. NEHC's joint venture signed a significant non-binding LOI for cloud infrastructure. 2. This partnership enhances NEHC's digital strategy in the Permian Basin.

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FAQ

Why Bullish?

The strategic partnership indicates growth potential for NEHC, similar to past successful joint ventures that boosted stock prices.

How important is it?

The announcement shows NEHC's commitment to expanding its operational capabilities, making it significant for investors.

Why Long Term?

Although immediate gains may not be seen, the infrastructure investment is expected to yield significant returns over time.

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AISHARON
MIDLAND, Texas--(BUSINESS WIRE)--New Era Helium, Inc. (Nasdaq: NEHC) (“NEH” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers LLC (“TCDC”), NEH's joint venture with Sharon AI, signed a non-binding Letter of Intent (“LOI”) with a leading global provider of High Performance Cloud for AI and Modern Workloads, marking a major milestone in NEH's digital infrastructure strategy within the Permian Basin. Under the t.

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