Mr. Andrew Davidson reports

ROYAL HELIUM CONTINUING HELIUM SALES

Further to news releases of May 31, 2024, and June 17, 2024, the 12th and 13th helium trailer sales took place this week from Royal Helium Ltd.'s Steveville helium purification facility, located near Brooks, Alta. The company continues to ramp up production at the Steveville purification facility toward nameplate capacity of 15 million cubic feet of raw gas per day.

Andrew Davidson, chief executive officer, commented: "We are pleased to have the Steveville helium purification plant running at a stable production rate and seeing the entire team getting the plant to its final stages of ramping up to capacity with world-class oversight by PTT. The plant is designed to be fully automated and self-powered such that, once at steady state, the operation can quickly turn toward positive cash flow with very low operating expense."

Royal has granted five million incentive stock options to a consultant. The options are exercisable at a price of 8.5 cents per share, vest evenly over a term of six months and, subject to earlier expiration provisions, expire in three years.

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 the plant has a low GHG footprint when compared with plants in 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.