Due to Demand Royal Helium Announces an Increase in the Size of its Private Placement

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SASKATOON, SK, June 25, 2020 /CNW/ - Royal Helium Ltd., ("Royal" or the "Company") (TSXV: RHC) announces that, due to demand, it has increased the size of its non-brokered private placement announced on June 15, 2020, to a maximum of 20,000,000 units (the "Units") for gross proceeds of $1,000,000. Priced at $0.05, each Unit of the offering consists one common share and one common share purchase warrant, with each warrant entitling the holder to acquire one common share at $0.07 for a period of 12 months following the closing of the offering.

The increased proceeds of the offering will accelerate the exploration programs planned on its southern Saskatchewan helium land package, as it stages several targets towards drilling. Royal further confirms that there is no undisclosed material information and that company management and insiders account for approximately 8% of the expanded offering.

Mr. Andrew Davidson, President and CEO of Royal states "We are pleased with the support that Royal is receiving in this financing. The increase in the total will allow Royal to repeat its recently completed technical programs on its asset base in the south central region of Saskatchewan".

Royal Helium Ltd.

Royal has approximately 400,000 hectares of prospective helium land in south western and south-central Saskatchewan, held as permits, leases and pending permits. All of Royal's lands are in close proximity to highways, roads, cities and importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to 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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

SOURCE Royal Helium Ltd.

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