Mr. David Young reports

ROYAL HELIUM ENTERS INTO INITIAL OFFTAKE AGREEMENT FOR THE SALE OF FOOD AND BEVERAGE GRADE CO2

Royal Helium Ltd. has entered into its first offtake agreement for the sale of food- and beverage-grade carbon dioxide from its Steveville processing and purification facility. This initial offtake agreement has a term of three years and will primarily serve markets in the Pacific Northwest region of the United States.

David Young, president of Royal Helium, states: "This agreement marks a significant expansion of the economics of Royal's initial facility, showcasing the company's commitment to growth and innovation. This agreement not only propels us forward in our mission to sell a diversified set of value-added gases but also serves as a testament to the multifaceted commercial products generated from our facility, which provide multiple economic cash flow streams for shareholders. This first agreement is a testament to our strategic approach to fully monetizing each facility, and we anticipate further opportunities to meet the growing unmet demand for CO2, and purified commercial products, across various underserved markets in the U.S."

Due to the competitive nature of these negotiations, and the fact that Royal is in continuing negotiations for further contracts, disclosure over volume and price will not be made at this time. Royal Helium will keep the market informed with updates on its CO2 business as they unfold.

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.