Mr. Andrew Davidson reports

ROYAL HELIUM REPORTS ANNUAL GENERAL AND SPECIAL MEETING RESULTS

Royal Helium Ltd. has released the results of the company's annual general and special meeting of shareholders, which was held today. All matters presented to shareholders for approval as set out in the company's notice of meeting and management information circular dated Sept. 6, 2023, were approved by an overwhelming majority of the votes cast by the company's shareholders at the meeting. Resolutions approved were to fix the number of directors of the company at eight, the appointment of KPMG LLP, chartered professional accountants, as auditors of Royal, the approval of the company's equity incentive compensation plan in accordance with TSX Venture Exchange Policy 4.4, Security Based Compensation, and the approval of amendments to the articles of Royal. The voting results for the election of the directors of the company were as shown in an attached table.

Voting results for the other items of business at the meeting, all as more particularly described in the circular, were as shown in an attached table.

Andrew Davidson, president and chief executive officer of Royal, commented: "We would like to thank the shareholders for their overwhelming support at today's meeting. We look forward to an exciting year ahead as we look to start production at Steveville and continue to develop our other project areas."

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 one million 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 with 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 per cent less carbon intensive than helium extraction processes in other jurisdictions.

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