04/25/2025 | Press release | Distributed by Public on 04/25/2025 14:10
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Chief Financial Officer
On April 22, 2025, Michael J. Rugen resigned as the Chief Financial Officer of New Era Helium, Inc. (the "Company") with an effective date of May 31, 2025 (the "Effective Date"). Mr. Rugen's resignation was not the result of any disagreement between him and the Company, the Board of Directors, or any committee of the Board of Directors of the Company on any matter.
Mr. Rugen indicated that he would make himself available after the Effective Date to provide transition services, as requested by the Company, to facilitate an effective transition of his job responsibilities to a successor. The Company will be seeking a suitable replacement for Mr. Rugen in due course.