Month: August 2022

Saskatoon, Saskatchewan, August 29, 2022 – Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) is pleased to announce that it has entered into a long-term agreement with a major North American space launch company for the supply of helium.  Initial deliveries under the supply agreement will commence in 2023.

Royal is also pleased to announce that with the engineering of its initial processing facilities largely complete, supply and construction contracts are currently being awarded.  The Company will be constructing two initial facilities, the first at Steveville, Alberta and the second at Climax, Saskatchewan.  The combined throughput capacity of the plants will be 20,000 mcf/day (20 million cubic feet per day gas input).

Andrew Davidson, President and CEO, Royal Helium comments, “We would like to thank our new partner for their substantial commitment to Royal Helium and Royal’s low carbon helium production programs. Royal aims to be a leading, greener source of helium for the aerospace, high tech, medical, and manufacturing industries worldwide”.

About Royal Helium Ltd.

Royal controls over 1,000,000 acres of prospective helium land across southern Saskatchewan and southeastern Alberta. All of Royals’ lands are in close vicinity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to existing helium producing locations. With stable, rising prices and limited, non-renewable sources for helium worldwide, Royal intends to become a leading North American producer of this high value commodity.

Royal’s helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas (GHG) and therefore has a low GHG footprint when compared to other jurisdictions that rely on large scale natural gas production for helium extraction. Helium extracted from wells in Saskatchewan and Alberta can be up to 90% less carbon intensive than helium extraction processes in other jurisdictions.

For more information, please contact the Company.

Andrew Davidson President and CEO Royal Helium Ltd. (306) 653-2692 davidson@royalheliumltd.com

Dean Nawata VP, Corporate Development Royal Helium Ltd. (604) 561-2821 dean@royalheliumltd.com

Media enquiries:
royalhelium@celicourt.uk

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be “forward-looking statements”.  All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements.  Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.  The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.  Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions.  Please see the public filings of the Company at www.sedar.com for further information.

SASKATOON, SASKATCHEWAN – August 22, 2022.  Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF)  is pleased to report that it has sampled up to 84.9Mg/L lithium in brine underlying the Climax helium project. Accordingly, the Company has provided notice to the Province of Saskatchewan that it intends to acquire the lithium mineral rights, with the intent to advance a lithium brine project alongside the ongoing helium development operations.

Andrew Davidson, President and CEO of Royal comments: “In the Climax-1 well, drilled in January 2021, one of the zones that we tested showed significant inflows of brine water and gas.  Samples of both were taken and sent to lab for assay, returning elevated levels of helium and significant concentrations of lithium in brine.  With recorded lithium grades of 84.9 mg/litre, combined with flow rates in the range of 1.85 MMCF per day equivalent, Climax is set to not only become a cash generative helium play, but also now presents potential additional value to stakeholders with a lithium exploration and development project.”

Royal will provide a further update as and when the mineral rights are granted by the Government of Saskatchewan.  Under the provisions of mineral tenure ownership, Royal is the only party who can be granted rights over the zone of interest in the Climax area, as competing rights over the same zones cannot be granted.

The Climax project is approximately 60,000 hectares in size, which would make for one of the largest lithium exploration projects in Western Canada.  The Company will explore all options for developing the lithium project, such that the focus of the Company will remain on exploiting the helium already discovered at Climax and elsewhere.

Royal Helium Ltd.

Royal controls over 1,000,000 acres of prospective helium land in southern Saskatchewan and southern Alberta. All of Royals’ lands are in close vicinity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to existing helium producing locations. With stable, rising prices and limited, non-renewable sources for helium worldwide, Royal intends to become a leading North American producer of this high value commodity.

For more information, please contact the Company.

Andrew Davidson President and CEO Royal Helium Ltd. (306) 653-2692 davidson@royalheliumltd.com

Dean Nawata VP, Corporate Development Royal Helium Ltd. (604) 561-2821 dean@royalheliumltd.com

Media enquiries:

Royalhelium@celicourt.uk

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be “forward-looking statements”.  All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements.  Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.  The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.  Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions.  Please see the public filings of the Company at www.sedar.com for further information.

SASKATOON, SASKATCHEWAN – August 17, 2022. Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) is pleased to announce that the Company has appointed Shayne Neigum as Royal’s Chief Operating Officer (“COO”) and Head of Exploration. Shayne has worked closely with Stephen Halabura in identifying and acquiring Royal’s key helium land positions and prospects since 2017 and has executed the drilling and completion operations on all of Royal’s wells to date. Stephen Halabura will be stepping down from his position as the Company’s VP Exploration, handing the reins to Shayne.

Shayne Neigum holds a B.Sc. Honours in Geology from the University of Saskatchewan. Having spent his entire career in the Saskatchewan oil and gas industry, Mr. Neigum has extensive experience in deep-hole drilling, land evaluation, geological mapping, formation modelling and reserves analysis. He also has a well-developed understanding of all operations management on a drill site and a strong technical background of upstream, midstream, and downstream aspects of the industry.

Andrew Davidson, President and Chief Executive Officer comments, “We are pleased to have Shayne leading the charge as we move from pure exploration to continued exploration, development, and production within our vast helium land packages that he helped secure. Beyond his management skills in bringing our drilling in on budget, his geological expertise, foresight, and tenacity at the drill bit was instrumental in making the Nazare discovery at Climax”. Further, “We all would like to extend our tremendous gratitude to Steve for the extensive study and work he has provided Royal since its inception. Without Steve, Royal would not have achieved what it has to date. Royal wishes Steve all the best in his next venture and are very pleased that Steve will remain available as a technical consultant going forward.”

Royal Helium Ltd.

Royal controls over 1,000,000 acres of prospective helium land across southern Saskatchewan and Alberta. All of Royals’ lands are in close vicinity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to existing helium producing locations. With stable, rising prices and limited, non-renewable sources for helium worldwide, Royal intends to become a leading North American producer of this high value commodity.

For more information, please contact the Company.

Andrew Davidson President and CEO Royal Helium Ltd. (306) 653-2692 davidson@royalheliumltd.com

Dean Nawata VP, Corporate Development Royal Helium Ltd. (604) 561-2821 dean@royalheliumltd.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this news release, other than statements of historical fact, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information, including the “Risk Factors” section of the Company’s annual information form.

SASKATOON, SASKATCHEWAN – August 17, 2022. Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) is pleased to announce its intention to seek a secondary listing of its common shares on the London Stock Exchange’s AIM market (“AIM”) alongside its current listing on the TSX Venture Exchange, subject to the preparation and acceptance of all the requisite documentation. The Company has engaged Strand Hanson Limited of London, UK to act as the Company’s Nominated Advisor (NOMAD) on the proposed listing.

Andrew Davidson, President, and Chief Executive Officer comments, “Helium usage and its supply constraints are global in nature, and we believe that expanding our shareholder base to Europe will be beneficial to unlocking the value of Royal’s assets at this pivotal juncture as we move toward production and sales alongside our exploration activities. We are looking forward to the increased liquidity, market size and investor exposure potential of an added international listing.”

Royal will hold its annual general and special meeting of shareholders on September 14, 2022, which will include matters amending the Articles of the Company in preparation for the secondary listing. A management information circular and related meeting materials will be shortly sent to shareholders and filed on SEDAR at www.sedar.com

Royal Helium Ltd.

Royal controls over 1,000,000 acres of prospective helium land across southern Saskatchewan and Alberta. All of Royals’ lands are in close vicinity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to existing helium producing locations. With stable, rising prices and limited, non-renewable sources for helium worldwide, Royal intends to become a leading North American producer of this high value commodity.

For more information, please contact the Company.

Andrew Davidson President and Chief Executive Officer Royal Helium Ltd. 1 (306) 653-2695 davidson@royalheliumltd.com

Dean Nawata Manager of Corporate Development Royal Helium Ltd. (604) 561-2821 dean@royalheliumltd.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Forward-looking statements included in this news release include the Company’s intention to seek a secondary listing on AIM and that such a listing would improve liquidity, market size and investor exposure. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information, including the “Risk Factors” section of the Company’s annual information form.

SASKATOON, SASKATCHEWAN – August 16, 2022. Royal Helium Ltd. (“Royal” or the “Company”) (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) is pleased to report that its Val Marie-1 helium exploration well has reached its total depth of 2,596 metres. Mass spectrometer and gas chromatography readings encountered significant helium shows with multiple intervals ranging from 5 to 10 meters. Numerous zones will be completed and tested within the Devonian and the upper, middle and lower Cambrian Deadwood formations. The prospective intervals will be completed and tested along with the Ogema testing this fall. Royal looks forward to providing further updates and results as completions and testing are concluded.

Andrew Davidson, President and CEO of Royal, commented, “Val Marie-1 was drilled into the northern extension of the Bowdoin Dome, a large structural feature straddling Saskatchewan and Montana. The Bowdoin Dome has been successfully drilled for helium in Montana, so we are pleased to find multiple intervals of elevated helium readings aligned with the three main formations where we have helium bearing rocks at Climax and Ogema. While we work on putting the Climax and Steveville wells on production, we look forward to testing and advancing Val Marie and Ogema.”

Shayne Neigum, Manager of Well Operations, added, “We are pleased to find that the Devonian horizons showed significant increases from background levels with the mass spectrometer, as well as our well logs, indicating analogous gas bearing strata with very similar petrophysics to North American Helium’s producing wells. This is in line with our expectations that the Bowdoin Dome is a major source and gas migration driver for the helium produced in Saskatchewan. We look forward to completing and flow testing these stacked shows within the Devonian and Cambrian horizons.”

“Drilling this helium exploration well has qualified two helium permits at Val Marie to now be converted to 21-year leases for Royal. Whilst the objectives of this drilling program were aligned with the goals of the previous programs at Climax and Ogema, the use of directional drilling to explore both permits with one wellbore was unprecedented and a first within the industry.”

Royal Helium Ltd.

Royal controls over 1,000,000 acres of prospective helium land in southern Saskatchewan and southern Alberta. All of Royals’ lands are in close vicinity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to existing helium producing locations. With stable, rising prices and limited, non-renewable sources for helium worldwide, Royal intends to become a leading North American producer of this high value commodity.

For more information, please contact the Company.

Andrew Davidson President and CEO Royal Helium Ltd. (306) 653-2692 davidson@royalheliumltd.com

Dean Nawata VP, Corporate Development Royal Helium Ltd. (604) 561-2821 dean@royalheliumltd.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.