Month: January 2024

Saskatoon, SK, January 19, 2024 – Royal Helium Ltd. (TSX-V: RHC) (TSX-V: RHC.WT.A) (OTCQB: RHCCF) (“Royal” or the “Company”) today announced that the Board of Directors has granted an aggregate of 950,000 stock options (the “Options”), 5,963,635 performance share units (the “PSUs”) and 909,070 deferred share units (the “DSUs”) to certain directors, officers and consultants of the Company under the Company’s equity incentive compensation plan (the “Plan”).  The Options, PSUs and DSUs are subject to the terms of the applicable award agreements and the requirements of the TSX Venture Exchange. 

The Options are each exercisable to acquire one common share of the Company (a “Common Share”) at a price of $0.35 per share for a period of five years from the date of grant. The PSUs and DSUs each entitle the holders thereof to receive one Common Share subject to the terms and conditions set forth in the PSU award agreements and DSU award agreements entered into between the Company and the holders of the PSUs and DSUs respectively.  The Options vest immediately on the date of grant and the PSUs and DSUs vest one year from the date of grant.

About Royal Helium Ltd.

Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases.  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 the plant has a low GHG footprint when compared to plants in 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                                                      
Chief Executive Officer                                                          
Royal Helium Ltd.      

For more information, please contact the Company.

Spiro Kletas
VP Investor Relations                                                                                    
1 (306) 500-9397
spiro@royalheliumltd.com     

Dean Nawata
Business Development
1(306) 500-9420
dean@royalheliumltd.com

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 release.

Saskatoon, SK, January 11, 2024 – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT.A) (OTCQB: RHCCF) (“Royal” or the “Company“) announces that Samuel “Kyler” Hardy has resigned as a Director of the Company effective January 10, 2024 and the Board has accepted his resignation. The Company thanks Mr. Hardy for his involvement on the board up to this point as the Company evolved from an exploration company to a vertically integrated resource development and infrastructure company.  In this new stage of Royal’s business, we are excited to incorporate strategic operational leadership on the board from globally recognized operators such as Karl Kurz who will help the Company build upon its current growth and expand its leadership position.  With Royal’s second trailer full of purified helium out for delivery earlier this week, the Company remains focused on advancing and executing on its growth plan.

About Royal Helium Ltd.

Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases. 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
Chief Executive Officer
Royal Helium Ltd.

For more information, please contact the Company.

Spiro Kletas
VP Investor Relations
1 (306) 500-9397
spiro@royalheliumltd.com

Dean Nawata
Business Development
1(306) 500-9420
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 news release.

This news release includes certain statements that may be deemed to be “forward-looking statements”. All statements in news this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including, the Company’s intended use of the net proceeds of the Offering. 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, SK, January 8, 2024 – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT.A) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce the appointment of David Young to the position of President.  Mr. Young was previously serving in the capacity of Executive Vice President and Head of U.S. Operations. 

“We are excited to announce the appointment of David Young as President of Royal“ said Royal Helium CEO Andrew Davidson.  “David brings more than two decades of experience managing investments, operating businesses, and serving on boards in the resource and infrastructure space, including previous roles at one of the preeminent global investment firms, the Carlyle Group.  Since joining Royal, David has played a critical role in the Company’s successful transition from a helium exploration business to one of North America’s leading vertically integrated helium development and processing companies.  I look forward to working with David alongside the rest of Royal’s team in continuing to build upon the Company’s initial success.”

David Young commented on the appointment, “I am excited to continue my work with Royal and grateful for Management’s and the Board’s confidence to continue working to advance the Company’s mission in the capacity as President.  Royal has achieved tremendous growth in recent years, having evolved from an exploration company sitting atop over one million acres of core helium geological leasehold to its current state as one of North America’s only fully vertically integrated helium development and purification companies.  Canada’s continued support for the advancement of this green-helium resource development has not only been constructive to Royal’s growth, but also the growth of local communities and stakeholders benefitting from industry advancement and job creation.  Royal already has the wheels in motion to duplicate its current successes many times over in Canada and will also be poised to react strategically to expansion opportunities on the U.S. side of the border.  I am eager to continue my work with the Royal team, and to help lead the Company into its next phase of growth and expansion.”

About Royal Helium Ltd.
Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases.  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                                                       
Chief Executive Officer                                                          
Royal Helium Ltd.

For more information, please contact the Company.
Spiro Kletas
VP Investor Relations
1 (306) 500-9397
spiro@royalheliumltd.com

Dean Nawata
Business Development
1(306) 500-9420
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 news release.

This news release includes certain statements that may be deemed to be “forward-looking statements”. All statements in news this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including, the Company’s intended use of the net proceeds of the Offering. 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, SK, January 3, 2024 – Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT.A) (OTCQB: RHCCF) (“Royal” or the “Company“) is pleased to announce that it’s senior lenders, Business Development Bank of Canada (“BDC”) and Canadian Western Bank (“CWB”), have expanded the Company’s debt facilities (see news release of February 6, 2023), increasing them by a total of CAD $3.6 million. Proceeds from the bank facility will fund final costs relating to the Steveville facility and will have the same terms as the prior facility except for the principal repayment start date being moved out to February 2024.

Andrew Davidson, President & CEO of Royal states, “We are appreciative of the ongoing support and confidence by our senior banking partners Canadian Western Bank and the Business Development Bank of Canada. Both CWB and BDC have been strong and steadfast partners to Royal through the Company’s Steveville Facility development process, and we are proud to continue and expand upon that relationship as this first-of-its-kind purification facility is now fulfilling its mission to deliver purified helium to end-markets with deliveries officially having commenced.”

The Steveville plant is designed to process 15,000,000 cubic feet/day of raw gas fed by the two 100% owned helium wells at Steveville, Alberta and produce 22,000 mcf of 99.999% helium per year. The engineered life of the plant is 25 years while both wells are expected to remain on stream for a minimum of 9 years. The plant will also produce enough fuel gas to power the plant and is capable of producing up to 22,000,000 pounds of commercial CO2.

About Royal Helium Ltd.

Royal is an exploration, production, and infrastructure company with a primary focus on the development and production of helium and associated gases. 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 Chief Executive Officer
Royal Helium Ltd.

For more information, please contact the Company.
Spiro Kletas
VP Investor Relations
1 (306) 500-9397
spiro@royalheliumltd.com

Dean Nawata
Business Development
1(306) 500-9420
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 news release.

This news release includes certain statements that may be deemed to be “forward-looking statements”. All statements in news this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including, the Company’s intended use of the net proceeds of the Offering. 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.