Royal Helium provides a presentation about its helium exploration project. It contains forward-looking statements regarding estimates, plans, expectations and assumptions. Helium is scarce on Earth but important for various industries. Saskatchewan is uniquely positioned to produce primary helium. Royal Helium has acquired land prospective for helium and intends to prove reserves through a drilling program. Its initial Climax project showed potential helium concentrations in drilling, and it plans further evaluation and development.

1. July 2021
TSXV: RHC

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This presentation contains "forward-looking statements" including estimates of future production, cash flows and reserves, business plans for drilling and
exploration, the estimated amounts and timing of capital expenditures, the assumptions upon which estimates are based and related sensitivity analyses, and
other expectations, beliefs, plans, objectives, assumptions or statements about future events or performance (often, but not always, using words or phrases
such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimated" or "intends", or stating that certain actions,
events or results “may", "could", "would", "might" or "will" be taken, occur or be achieved). In particular, this presentation contains forward-looking
statements pertaining, to the following: the Company's anticipated land permit or lease approval, capital budget and average daily production, using internal
funding to complete future acquisitions; the ability of the Company to maintain its balance sheet strength; type well economics and performance; drilling
inventory and reserve life index expectations; the anticipated impact of technical advancements on productivity and decline rates and ultimate recoveries;
the Company’s strategy to increase recovery factors; the ability of the Company to manage the current helium price environment the Company’s business
strategy (including development, enhancement, acquisition and risk management); capital cost, cost per well, NPV, rate of return and payout. Statements
relating to "reserves" are deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions,
that the reserves described exist in the quantities predicted or estimated and that the reserves can be profitably produced in the future. Furthermore, all
resources estimates are non- NI 51-101 compliant and strictly un-risked contingent resource estimates.. There are numerous uncertainties inherent in
estimating helium, crude oil, natural gas and NGL reserves and the future cash flow attributed to such reserves.
All forward-looking statements are based on RHC’s beliefs and assumptions based on information available at the time the assumption was made. Royal
Helium believes that the expectations reflected in these forward-looking statements are reasonable, but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements included in this presentation should not be unduly relied upon. By their nature, such forward-
looking statements are subject to a number of risks, uncertainties and assumptions, which could cause actual results or other expectations to differ materially
from those anticipated, expressed or implied by such statements. In addition, risk factors include: financial risk of marketing reserves at an acceptable price
given market conditions; volatility in market prices for helium; delays in business operations; processing restrictions; blowouts; the risk of carrying out
operations with minimal environmental impact; industry conditions including changes in laws and regulations including the adoption of new environmental
laws and regulations and changes in how they are interpreted and enforced; uncertainties associated with estimating oil and natural gas reserves; economic
risk of finding and producing reserves at a reasonable cost; uncertainties associated with partner plans and approvals; operational matters related to non-
operated properties; increased competition for, among other things, capital, acquisitions of reserves and undeveloped lands; competition for and availability
of qualified personnel or management; incorrect assessments of the value of acquisitions and exploration and development programs; unexpected
geological, technical, drilling, construction and processing problems; availability of insurance; fluctuations in foreign exchange and interest rates; stock market
volatility; failure to realize the anticipated benefits of acquisitions; general economic, market and business conditions; uncertainties associated with
regulatory approvals; uncertainty of government policy changes; uncertainties associated with credit facilities and counterparty credit risk; and changes in
income tax laws, tax laws, crown royalty rates and incentive programs relating to the oil and gas industry. These risks and uncertainties could cause actual
results or other expectations to differ materially from those anticipated, expressed or implied by such statements. The impact of any one risk, uncertainty or
factor on a particular forward-looking statement is not determinable with certainty as these are interdependent. RHC assumes no obligation to update
forward-looking statements should circumstances or management's estimates or opinions change. Certain information contained herein have been prepared
by third-party sources. The information provided herein has not been independently audited or verified by the Company.
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Forward Looking Statements

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Helium: The
Solitary Element
Does not react or
combine with any
other element
Abundant in the universe but
rare on earth
Cannot be made
Non-renewable
Formed through the natural
decay of U & Th
Byproduct of natural gas
production around the world
EXCEPT….
Saskatchewan is the only
place on Earth that produces
Primary Helium
3

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Japan
19% Fiber Optics
22% Semiconductors
US
Helium Demand US Export Growth Driver Example: Japan
Strong Demand Fundamentals
4

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Can North America Rely on Russian Supply of a critical element
Can Saskatchewan replace North American production decline?
Production: Qatar, Russia
Production: US
Demand
Declining in North American Supply
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Helium Scarcity
Translates to
High-Value
PRICING
Source: Eurostat; Hannem & Partners research
Scarcity Driving Strong Price Growth
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Why Saskatchewan?
▪ Current and historic primary helium
production
▪ One of the few places on the planet where
helium is produced with nitrogen rather than
hydrocarbons
▪ High helium concentrations
▪ Stable regulatory environment
▪ Geopolitically favorable especially associated
with production and export of critical
commodities
▪ Existing infrastructure, information and
personnel from a long history of oil and gas
exploration and production

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Land Package – Deadwood Formation
Mankota (Weil Group USA)
Battle Creek Pool
(N. Am Helium)
Climax Pool RHC
USA
Wilhelm Pool – Past Producer

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• Shallow Decline over 11 years
• CapEx $1.5mm/well
• Low OpEx
• Quick Payback ~6 months
• Low processing/separation cost
• Low Land Costs
• Low Royalty Rates 4.25%
• Low Carbon Footprint/Green
Royal Helium intends to produce only inert gases, helium, nitrogen and some CO2.
The exploration and production methodology is the same as drilling a conventional, vertical
natural gas well.
Compelling Project Economics
-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
1
6
11
16
21
26
31
36
41
46
51
56
61
66
71
76
81
86
91
96
101
106
111
116
121
126
131
136
Month
Raw
Gas
-
Mcf/d
Type Well
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Exploration Parcel #1 - Climax
United States
Alberta
Southwest Saskatchewan

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Triaxial Mag over 2D Seismic and Well Data
1VD Magnetics with Mag Structural Lineaments
2D Seismic over 1VD Magnetics
Climax Drill Targets
“…detailed interpretations of the structural controls
of the crystalline basement - the source rocks for the
helium enrichment, and the overlying stratigraphy -
where the helium could be trapped and
accumulated”. – Steve Halabura, VP Exploration
De-risking Exploration Drill Plays

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Climax-1: Spudded Jan 6, 2021
Savanna 419 Rig
Hole #1

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What we expected What we found
Climax 1 - 0.35% He, no regolith
Climax 3 – 0.65% He, 9% H in regolith.
Untested conventional Wymark
Climax 2 – Untested regolith.
Inconclusive/continued testing in Wymark
Targeted two seismic highs and one flanking
well.
Actually drilled two flanks and one high
Climax 3 had false pre-Cambrian reading on
seismic, which is actually the regolith zone.
Internal helium in place in the regolith of up
to 6 bcf, based on interpreted size of
regolith.
Climax Helium Project – Internal Helium in Place – 6 bcf in Regolith Zone

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Climax Targets & First 3 Wells

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Next Steps
1. Production planning at Climax 1:
i. Engage processing partners
ii. Sign offtake agreement
iii. Equip and produce
2. 14 new drill targets identified at Climax:
i. Select top three targets
ii. Drill production wells
3. Determining proper production methodology from the regolith zone:
i. Whipstock and core regolith zone at Climax 3
ii. Build drilling and production plan
4. New drilling at Bengough project
i. Complete aeromagnetics
ii. Confirm existing targets
iii. Drill initial 3 wells

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Exploration Parcel #2 - Bengough
United States
Southeast Saskatchewan
Manitoba

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First 2 Multiple-Well Drill Plays
Climax Bengough
The deep Precambrian helium
play is a structurally related to
basement movement and
faulting. There is abundant
well and seismic data in the
region.
Royal Helium’s goal:
Prove-up 30 structures,
targeting between 1.0 to 2.0
Tcf (Trillion cubic feet) of raw
inert gas grading at least 1%
Helium

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Moving from Land to Liquids
• Continuing to accumulate prospective
land -enough land to deliver at least 1
Tcf (trillion cubic feet) of inert gas
• Continue to identify the basement
structures and traps that are
prospective for helium production
using seismic and magnetics
• Undertake a systematic multi-well
drilling program at multiple locations
to prove reserves
• Begin with liquefaction plant then
move to a permanent poly-generation
facility that makes products from the
CO2 and the N2 gases
• Sell products both direct to customer
and wholesale to re-sellers

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Shares Issued and Outstanding
141.7 m
Warrants
(11.0 m @ .35 exp Dec 2022)
(17.25 m @ .75 exp June 2023)
28.25 m
Broker Warrants
4.25 m
Options
10.65 m
Fully Diluted
184.85 million
Share Structure

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Steve Halabura P.Geo.
VP Exploration
40 years of geoscience
experience, all
Saskatchewan-based
Jeff Sheppard CPA, CA
CFO
10 years of finance and
resource development
experience, all
Saskatchewan-based
Andrew Davidson CPA, CA
President and CEO
10 years of finance and
resource development
experience, all
Saskatchewan-based
Dean Nawata
VP Corporate Development
30 years of finance, public
markets and resource
development experience
Technical Partners
20
Royal Helium Management Team
Saskatchewan Research Council
Energy Services | Geomatics | Exploration | Environment

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For More Information Contact
Andrew Davidson, President
davidson@royalheliumltd.com
+1 (306) 281-9104
Dean Nawata, Vice President
dean@royalheliumltd.com
+1 (604) 561-2821