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Message: Royal Helium Signs Agreement with Guardyan Conservation to Develop the Carbon Credit Strategy for the Steveville Helium Plant

Royal Helium Signs Agreement with Guardyan Conservation to Develop the Carbon Credit Strategy for the Steveville Helium Plant

posted on Jan 25, 2023 08:58AM

Royal Helium Ltd. (TSXV: RHC) (TSXV: RHC.WT) (OTCQB: RHCCF) ("Royal" or the "Company") Royal Helium Ltd. ("Royal") is pleased to announce that it has signed an agreement with Guardyan Conservation Corp. ("Guardyan") for the development of a carbon credit strategy for the Steveville Helium Recovery Plant. Guardyan will also be entering Royal into the voluntary and compliant carbon markets with the development of a carbon credit portfolio through the low emission helium production at Steveville. Further details will be announced as the Steveville plant begins operations.

Andrew Davidson, President and CEO of Royal comments, "This partnership highlights Royal's proactive commitment to high environmental standards with our mandate of ensuring all available GHG emission reduction options are integrated into our facility. Guardyan will focus on maximizing the available carbon credits resulting from the efficient plant design. Royal's cryogenic processing plant design not only has the ability to process helium to 99.999% purity, it commercially processes and captures the other industrial gases in an economically significant way which also leads to the production of salable carbon credits."

Jana McDonald, CEO of Guardyan states, "We are excited to be partnering with Royal in the development of both their low emissions helium facility and resulting emissions reduction monetization strategy. Royal Helium has demonstrated a commitment to the highest environmental standards and we couldn't be more pleased to steward their integration into the carbon markets for what we see as years to come."

About Guardyan Conservation Corp.

Guardyan is a full-service carbon credit developer who guides organizations through the sustainability landscape, prioritizing impact, simplicity, and profit. With evolved knowledge in voluntary and compliant markets around the world, Guardyan identifies organization's specific challenges and opportunities to identify emission reductions and develop the right carbon credits from conception to commercialization.

About Royal Helium Ltd.

Royal controls over 1,000,000 acres of prospective helium land across southern Saskatchewan and southeastern Alberta. All of Royal's lands are in close vicinity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land near existing helium producing locations. With stable, rising prices and limited, non-renewable sources for helium worldwide, Royal intends to become a leading North American producer of this high value commodity. Royal's helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas ("GHG") and therefore has a low GHG footprint when compared to 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 99% less carbon intensive than helium extraction processes in other jurisdictions.

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