Global Helium Enters US Market with Acquisition of Proven Helium Production - Seite 2

Corporate Development Plans:

In addition to the strategic acquisition above, the Company will focus on achieving the following milestones in both Canada and the United States in the short term:

• Aggressive pursuit of acquisitions of proven, helium-rich lands with either known helium, previous helium production, or both.
• Expanding the Company’s already massive 1,500,000-acre position in Saskatchewan, Canada, where total royalties are less than 5%, leaving the Company with better than 95% net revenue interest.
• Finalization of our extensive seismic acquisition program.
• Preparation of surface leases and access to multiple drilling sites.
• Drilling and testing of multiple prospects identified on the Company’s lands.
• Undertaking of surface engineering and preparation work subsequent to ordering, securing and installing helium processing equipment.
• Achieving helium production and executing helium offtake agreements with existing and new downstream partners.
  

Additionally, the Company has granted 1,300,000 stock options to certain directors, officers, employees and consultants, issued pursuant to the Company’s stock option plan. The options vest over a 12-month period, are exercisable at a price of $0.41 per share and expire in May 2027. The shares issuable upon exercise of the options may not be traded for 4 months and one day from the date of grant.

ON BEHALF OF THE BOARD OF GLOBAL HELIUM CORPORATION

“Wes Siemens”

Wes Siemens, P.Eng.
President

For more information:
Walter Spagnuolo, Investor Relations
Tel: [phone]
[e-mail]

About Global Helium (CSE: HECO) (OTC: HECOF)
Global Helium one of Canada’s largest helium exploration and development companies, focused on the exploration, acquisition, development, and production of helium to meet the needs of increasing helium demand and shrinking helium supply in North America and around the world. The Company has a seasoned team of industry professionals and technical experts and has established connections with North American and international helium buyers. Together, the team has captured 100%-owned permits encompassing over 1.5 million acres prospective for helium in Saskatchewan’s well-established helium fairway and has recently acquired a significant, proven asset in the State of Montana.