Mr. Andrew Davidson reports

ROYAL HELIUM MARKS START OF COMMERCIAL SALES WITH FIRST TRAILER LOADING UNDERWAY

Royal Helium Ltd. has commenced loading purified helium into specialized ISO trailers at its Steveville helium purification facility, marking the start of commercial sales from its facility located in southeastern Alberta.

"As we prepare our flagship delivery, the company is proud to be entering into this new and exciting phase of our business, making Royal Helium one of the leading, active suppliers of purified helium directly to end-users," said Andrew Davidson, president and chief executive officer.

Volumes from this first facility commences fulfilment of the company's offtake agreement with its major North American aerospace customer, which has contracted to purchase Steveville facility volumes over the next several years. These existing offtake agreements, established over the past two years, deliver volumes at an average price that exceeds $500 (U.S.) per mcf (thousand cubic feet). Given the increasing demand for purified helium, combined with the current geopolitical backdrop further constraining supply of key resources, Royal Helium anticipates a robust pricing environment for the foreseeable future.

Royal Helium's high-margin production activities and corresponding operating cash flow will be supportive of the company's plans to add several additional purification facilities in the upcoming calendar year. The company is in discussions with numerous parties interested in establishing offtake agreements relating to its forthcoming facilities. Royal Helium looks forward to establishing additional, strong and long-term relationships with key industry players which require helium in support of critical industries, including health care, chip manufacturing, aerospace and others.

About the Steveville helium purification plant

Royal Helium's 100-per-cent-owned state-of-the-art purification facility was purpose built to recover 99.999 per cent helium, while setting the highest standards for environmental efficiencies and to produce an exceptionally low carbon footprint. Substantially all of the gas purified at the facility is inert and can be captured in purified form at the facility, providing additional potential cash flow streams. Until the byproduct gases are captured and sold, they are vented with virtually zero impact to the environment, given the gases' completely inert nature. The limited ancillary methane gas produced is recycled back into the facility to power its own operations, with the ability to generate excess power which may be distributed back into the electrical grid, providing additional economics to Royal Helium.

The Steveville plant will benefit from carbon credits generated under the Technology Innovation and Emissions Reduction System (TIER system) in Alberta. As these carbon credits are monetized, they have the ability to provide Royal Helium with a material additional cash flow stream.

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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