Mr. Chris Bakker reports

AVANTI HELIUM SIGNS AGREEMENT FOR EXISTING U.S.-BASED HELIUM PROCESSING PLANT TO ACCELERATE SWEETGRASS PRODUCTION TIMELINE

Avanti Helium Corp. has entered into a non-binding memorandum of understanding with an established helium technology provider to deploy an existing, fully constructed helium processing plant at Avanti's Sweetgrass helium project in Montana.

Under the MOU, the parties have agreed to advance definitive documentation for the relocation, installation, commissioning and operation of the plant, which is currently located in the United States and is expected to be moved to Montana in the coming months. The facility includes a helium recovery unit and an integrated truck-loading system designed to produce marketable helium for high-pressure transport.

Key highlights:

• Eexisting, operational plant: The helium plant is already constructed and operationally proven, significantly reducing execution risk and shortening Avanti's path to first production. Notably, the plant has approximately three months of runtime to date, making it practically new but available quickly.
• Rapid deployment to Sweetgrass: The plant will be relocated from its current U.S. location and installed at Avanti's Sweetgrass site, where leased land, road access and pipeline connections are already in place.
• Target capacity and performance: The facility is designed for inlet capacity of approximately 10 million cubic feet per day, with targeted availability of approximately 95 per cent uptime; helium purity of greater than 98 per cent is expected, with potential upgrades enabling 99.999-per-cent ultrahigh-purity production. The facility design also has the ability to increase inlet capacity to approximately 15 million cubic feet per day.
• Avanti-operated, capital-efficient structure: Avanti will operate both the wells and the plant, maintaining full control of operations, production data and commercialization, while leveraging continuing specialized technical support from the technology provider.
• Lease with long-term optionality with maintenance provision: The proposed commercial framework includes a multiyear lease term, with options to renew, and a purchase option, preserving long-term strategic flexibility and upside. This arrangement allows Avanti to pay a fixed monthly fee for the plant rather than financing significant upfront capital costs. The MOU also includes a paid provision for continuing maintenance, including replacement hardware and support. Given the experience of the provider, this will greatly assist Avanti operations with runtime, helium recovery and optimization for a predictable cost.

Fast-tracking production in 2026

The Sweetgrass project is largely prepared to receive the plant, with the plant site leased and pipelines from existing wells installed. Civil works to support plant placement, truck loading and operations will commence upon completion of definitive agreements. Avanti expects to advance relocation, installation and commissioning activities on an accelerated timeline to realize first helium production and sales.

"This is a major step forward for Avanti," said Chris Bakker, chief executive officer of Avanti Helium. "Securing access to an existing, U.S.-based helium processing plant with minimal hours of runtime allows the company to materially compress our development timeline while reducing capital and execution risk. With infrastructure in place at Sweetgrass and strong productivity from our wells, this approach positions us to move quickly toward revenue generation in a strengthening North American helium market."

Next steps

The parties are now advancing toward definitive agreements, including final engineering scope, commercial terms, and a detailed relocation and commissioning schedule. Avanti will provide further updates as milestones are achieved. As the terms of this MOU are far more superior for Avanti shareholders, the company will no longer be pursuing the term sheet announced Sept 4, 2025, for the Sweetgrass helium plant.

About Avanti Helium Corp.

Avanti is focused on the exploration, development and production of helium across Western Canada and the United States. Avanti's professional oil and gas exploration and production team is actively targeting helium trapped in structures to help meet the increasing global demand for an irreplaceable and scarce element critical to advanced technology, medical and space exploration industries.

We seek Safe Harbor.