Mr. Jesse Griffith reports

GLOBAL HELIUM CORP. ANNOUNCES SEISMIC REVIEW OPTION AGREEMENT WITH INDUSTRY LEADER, NORTH AMERICAN HELIUM

Global Helium Corp. has entered into a seismic review option agreement with North American Helium Inc., a private helium company engaged in the exploration, development, production, refining and marketing of helium in North America. The agreement offers Global Helium the potential to advance its Saskatchewan land base while mitigating upfront capital costs and exploration risk.

Pursuant to the agreement, NAH has the right to review Global Helium's proprietary seismic data covering the majority of the company's exploration permits in Saskatchewan, and has until Oct. 1, 2024, to elect to:

• Drill a test well incurring 100 per cent of the drilling cost, with Global Helium having the option to participate in the completion and testing of the well at a 20-per-cent working interest in any potential discovery, while NAH will retain an 80-per-cent working interest in the operations and lands;

• Terminate the option, or survey a minimum of 20 kilometres of new seismic data over the company's applicable land permits, with NAH providing a copy of the seismic data to Global Helium, and then having the option to elect to drill a test well prior to June 1, 2025. If NAH elects to drill a test well on Global Helium's exploration permits, NAH will earn an 80-per-cent interest in 36 sections of Global Helium's land. Furthermore, under the agreement, NAH reserves the right to double the land earned (72 sections) if a test well is drilled prior to Dec. 30, 2024.

"We are very excited by this partnership with North American Helium, an experienced and widely respected leader in the helium industry," said Jesse Griffith, chief executive officer of the company. "This agreement allows us to leverage the technical expertise and financial resources brought by NAH to accelerate the development of our Saskatchewan helium assets, while concurrently moving our Alberta Manyberries project forward."

About Global Helium Corp.

Global Helium is one of Canada's largest helium exploration and development companies, focused on the exploration, acquisition, development and production of helium, done right. The company has carved out a differentiated position through a unique farm-in agreement with industry veteran, Perpetual Energy Inc., through which Global Helium can access approximately 369,000 acres in Alberta's Manyberries helium trend via joint venture. The company has also captured 100-per-cent-owned permits encompassing over 820,000 acres prospective for helium in Saskatchewan's well-established helium fairway and has recently acquired three significant assets with proven helium tests in the state of Montana. Global Helium brings a seasoned team of industry professionals and technical experts who have established connections with North American and international helium buyers.

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