Desert Mountain Energy Signs Long-Term Lease Agreement with Roswell Information Park Developer

Vancouver, Canada – TheNewswire - May 29, 2026 — DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01) is pleased to announce that it has entered into a 25-year lease agreement with Roswell Information Park LLC (RIP) for a proposed off-grid data center. The agreement further provides for an additional five-year term. The project will be located on property previously purchased by the Company. The approximately 154-acre site near Roswell, New Mexico, is intended for a multi-use development. The property does not include mineral, oil, or gas rights; however, limited water rights are included. The agreement also addresses two previously signed contracts with RIP. One agreement related to natural gas purchasing and the other to the construction of a gas transportation line. As the selected location is not within the same section, township and range previously planned by the developer, it was agreed that DME will be responsible for developing a new route, determining an appropriate price adjustment for missed payments (please see news releases dated July 2, 2025 and September 30, 2025 ) and additional pipeline length. A separate long-term gas supply contract is expected to be executed prior to construction and will reflect the forecast long-term demand for natural gas.
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