Month: May 2023

Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company”) is pleased to announce that it has signed a second, multi-year, fixed price off take sales agreement (the “Sales Agreement”) with a private North American corporation. The new sales agreement is in addition to the previously announced off take (see news release of August 29, 2022) and represents the remaining capacity from Royal’s Steveville Helium processing facility located near the town of Brooks in southeastern Alberta, Canada. The new offtake for refined, 99.999% helium represents approximately 50% of the Steveville capacity and is priced at USD $625/mcf, net of all transportation and liquefaction costs.

The term of the Sales Agreement is 36 months, commencing on first delivery with matching terms and conditions of the August 2022 sales agreement.

Andrew Davidson President and CEO comments. “As the commissioning of our first helium processing facility approaches, we are pleased to now have sales commitments for all of Steveville’s capacity. The Steveville facility is fed by two of Royal’s 100% owned helium wells and is designed to produce 99.999% refined helium gas which will be liquefied in Colorado under our previously announced tolling agreement.”

About Royal Helium Ltd.

Royal is an exploration, production and infrastructure company with a primary focus on the development and production of helium. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Given the current and foreseeable global undersupplied nature of this critical and non-renewable product, Royal is well positioned to be a leading North American producer of this increasingly 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.

Andrew Davidson,
President and CEO
Royal Helium Ltd
1 (306) 653-2695

For more information:

Spiro Kletas
VP Investor Relations
1 (604) 723-0710
spiro@royalheliumltd.com

Dean Nawata
Business Development
1(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, May 26, 2023 – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company”) is pleased to announce the appointment of Mr. Karl F. Kurz to the Board of Directors.

Mr. Kurz has over forty years of energy industry experience in the public and private markets, including serving as the Chief Operating Officer for Anadarko Petroleum Corporation from December 2006 through March 2009, which was acquired by Occidental Petroleum (OXY: NYSE) in one of the largest merger and acquisitions in oil and gas history for USD $55 billion in 2019. In that role, Mr. Kurz had responsibility for global exploration and production, marketing, midstream, land, technology, and engineering services. Karl joined Anadarko in 2000 and held various leadership positions in the marketing, midstream, exploration, and production areas. Mr. Kurz currently serves on the public boards of several multi-billion-dollar corporations, Devon Energy (DVN: NYSE), Texas Pacific Land Corp (TPL: NYSE) and American Water Works (AWK: NYSE) where he is the non-executive independent Chairman of the Board.

Andrew Davidson President and CEO comments. “We are pleased to have Karl join the Royal team as we expand our focus from helium exploration to now include production and sales. His senior management experience with some of America’s largest energy corporations will be invaluable as Royal expands its operations in Canada and increasingly in the US.  An advanced understanding of midstream and marketing of gas will be a major component of our business success going forward, and we are very fortunate to benefit from Karl’s top tier experience.”

More recently, Karl was an operating adviser with Ares Capital, a leading specialty finance company, providing support on prospective and existing energy transactions. Karl was also a Managing Director with CCMP Capital Advisors, LLC and Co-Head of the Energy Group from September 2009 to September 2012. CCMP Capital Advisors is a leading global private equity firm specializing in buyouts and growth equity investments in companies ranging from $500 million to more than $3 billion in size.

Mr. Kurz began his career with ARCO Oil & Gas Company in 1983 and spent the early portion of his career in various upstream, marketing, and midstream roles. He holds a Bachelor of Science in petroleum engineering from Texas A&M University, graduating Magna Cum Laude in 1983. He is also a graduate of Harvard’s Advanced Management Program in 2008.

Royal Helium also announces the grant of 500,000 stock options pursuant to the Company’s stock option plan to certain consultants and advisors to the Company.  The options are exercisable at $0.40 per share and, if not exercised, expire May 25, 2028, subject to earlier expiration in accordance with the stock option plan and the applicable policies of the TSX Venture Exchange.

About Royal Helium Ltd.

Royal is an exploration, production and infrastructure company with a primary focus on the development and production of helium.  The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Given the current and foreseeable global undersupplied nature of this critical and non-renewable product, Royal is well positioned to be a leading North American producer of this increasingly 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.

Andrew Davidson,
President and CEO
Royal Helium Ltd

For more information:
Spiro Kletas
VP Investor Relations
1 (604) 723-0710
spiro@royalheliumltd.com

Dean Nawata
Business Development
1(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, May 4, 2023 – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company”) is pleased to announce the appointment of Mr. Brent Ziegler to Royal’s Advisory Board as Helium Technical Lead. Mr. Ziegler is currently the Principal Consultant – Helium, Hydrogen, Machinery, and Storage at Progress Through Technology LLC. He previously worked for over 19 years at Air Products and Chemicals (“Air Products”) of Allentown, PA, in various positions, most recently as Global Helium Operations Technical Manager. Mr. Ziegler received a Bachelor of Science in Mechanical Engineering from Pennsylvania State University.

Amongst his helium and industrial gas experience and technical proficiencies:

• Technology lead for the world’s largest Helium Salt Dome Storage Cavern.
• Extensive operational and design experience with gas processing equipment for extraction, purification, liquefaction, and delivery including process machinery, cryogenic distillation, partial condensation, pressure swing absorption, temperature swing absorption, membranes, chillers, dryers, acid gas sweetening, oil removal systems, guard beds, cold traps, gas bags, and transportation systems.
• Provided technical expertise on new projects and in support of existing operating facilities worldwide including over one dozen helium liquefiers from the five major commercial scale suppliers, multiple upgraders, and numerous other large scale helium systems.

Andrew Davidson President and CEO comments. “We are pleased to have Brent Ziegler join the Royal team as we expand our focus from helium exploration to now include production and sales. With Brent’s unique expertise in processing technologies and engineering for helium, hydrogen, carbon dioxide, nitrogen, and argon we are well positioned in the helium industry to expedite growth through continued exploration, production, refining and sales.”

Royal Helium also announces the grant of 250,000 stock options pursuant to the Company’s stock option plan to certain consultants and advisors to the Company. The options are exercisable at $0.38 per share and, if not exercised, expire May 3, 2028, subject to earlier expiration in accordance with the stock option plan and the applicable policies of the TSX Venture Exchange.

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.

Andrew Davidson,

President and CEO

Royal Helium Ltd

1 (306) 653-2695

For more information:

Spiro Kletas

VP Investor Relations

1 (604) 723-0710

spiro@royalheliumltd.com

Dean Nawata

Business Development

1(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, May 1, 2023 – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) (“Royal” or the “Company”) is pleased to announce the appointment of Mr. David T. Young as Executive Vice-President & Head of US Operations. 

Mr. Young has more than 20 years of experience as an investor, advisor and operator across a range of industries.  For over a decade, Mr. Young has operated with a primary focus on the natural resources space where he has invested in and advised upstream development and midstream operations across North America. 

Most recently, Mr. Young was a principal at the Carlyle Group, one of the world’s largest and preeminent private equity firms, with over $300 billion in assets.  While at the Carlyle Group, Mr. Young was part of the leadership team managing over US$4 billion in natural resource investments, with a primary focus on upstream development and midstream related assets. 

Prior to joining the Carlyle Group, Mr. Young was a Director of Talara Capital Management, where he led the team’s control-oriented private equity investments in the natural resources space. 

During his tenure at Talara, Mr. Young represented its interests on the board of directors of multiple upstream oil and gas development companies and, most notably, led the distressed acquisition and subsequent take-private transaction of Caza Petroleum.  Mr. Young led the team in building Caza Petroleum from less than 50 barrels per day of production to its current standing as a regional leader in the Delaware Basin.

Mr. Young previously held positions at leading New York based investment banks, including Perella Weinberg Partners, Kramer Capital Partners, and Houlihan Lokey.

Mr. Young is graduate of the University of Virginia’s McIntire School of Commerce and has frequently returned as a guest lecturer on investment topics, including control investments in the oil and gas industry.

Andrew Davidson, President and CEO of Royal comments, “We are pleased to add David and his significant experience and skillset in moving companies from early stage to industry leaders.  David will play a leading role with our existing management team in financial and operating strategy and execution as we continue to expand our operations.”

Royal also announces the grant of 500,000 stock options pursuant to the Company’s stock option plan, exercisable at $0.38 per share and expiring April 26, 2028, subject to earlier expiration in accordance with the stock option plan and applicable policies of the TSX Venture Exchange have been granted.

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.

Andrew Davidson,
President and CEO
Royal Helium Ltd
1 (306) 653-2695

For more information, please contact the Company.
Spiro Kletas
VP Investor Relations                                                                                    
1 (604) 723-0710
spiro@royalheliumltd.com     

Dean Nawata
Business Development
1(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.