Corporate Presentation

Corporate Presentation

About Royal Helium Corp. Helium Exploration and Development Play in Western Canada Elements for Success in a Resource Play Commodity High value and increasing price Large and growing demand Decreasing supply Non-substitutable People Technical expertise and experience Financial & public company experience Domain experience in area Focused management team Targets Multiple land packages Highest known helium concentrations Exisiting data, wells and production Multiple targets at each package Land Largest helium lease holders in N. America 572 sections of land in Saskatchewan Existing infrastructure power, access Excellent geo-political regime TSX.V RHC 2

Management team Scott Newman Chief Executive Officer Mr. Newman was the President and founding partner of Axiom Exploration Ltd., a geological and engineering consulting company based in Saskatchewan. Mr. Newman received his BSc in Geology from the University of Saskatchewan. His technical and management experience within the sector, Saskatchewan in particular, brings a strong operational background to the team. Mr. Newman has been involved as an executive or director to a number of private and public oil and gas exploration companies. John Jeffrey Chief Financial Officer Mr. Jeffrey is a graduate of the University of Saskatchewan with a degree in economics and a MBA in finance. Mr. Jeffrey has a strong background in operations and finance that has allowed him to successfully execute large international engineering and environmental projects. Formerly, he was the area finance manager for AECOM, a Fortune 500 engineering consulting firm in Canada and was the founder and CFO for Axiom Exploration Ltd., a geological and engineering consulting company that has drilled over 800 wells within western Canada. TSX.V RHC 3

Board of Directors Andrew Davidson Chairman Mr. Davidson is a graduate of the University of Calgary (B.Comm), Mr. Davidson is Chartered Professional Accountant in both Saskatchewan and Alberta. Mr. Davidson has extensive experience in managing Junior natural resource exploration companies, with a specific focus on the structuring and financing of early stage projects. He is involved as an officer or director of a number of public resources exploration companies currently. Zoran Arandjelovic Director In over 20 years in capital markets, Mr. Arandjelovic has been an investor, executive and director, in a number of TSX and TSXV listed issuers. Most recently Mr. Arandjelovic was a director and the Chairman of the Compensation Committee of Martinrea International Inc. (TSX: MRE) and the founder of Epsilon Energy Ltd. (EPS), a prolific natural gas producer in Pennsylvania s Marcellus Shale. Mr. Arandjelovic is also founder/manager of Capital Z Corporation, a highly successful private investment company. Scott Newman President & CEO Mr. Newman was the President and founding partner of Axiom Exploration Ltd., a geological and engineering consulting company based in Saskatchewan. Mr. Newman is a graduate of the University of Saskatchewan. His technical and management experience within the sector, Saskatchewan in particular, brings a strong operational background to the team. Mr. Newman has been involved as an executive or director to a number of private and public oil and gas exploration companies John H. Pringle Director Mr. Pringle is a partner in the Saskatoon office of McKercher LLP, practicing in the areas of securities law, natural resources law and corporate commercial law with a focus on corporate finance, mergers and acquisitions and natural resources. Mr. Pringle s experience includes acting as counsel to issuers in more than ten initial public offerings as well as several notable mergers, acquisitions, take-overs and sales. TSX.V RHC 4

Capital structure Shares Outstanding 150,431,947 Warrants $0.05 Jul 2019 4,020,897 $0.25 Dec 2018 14,353,455 Options $0.15 1,700,000 $0.25 2,386,568 $0.45 450,000 $0.50 1,000,000 Fully Diluted 174,342,867 Management & Insiders ~40,000,000 (~26%) TSX.V RHC 5

Uses for Helium Helium is an non-substitutable and non-renewable commodity needed Rocketry & Other, 20% Laboratory, 10% Electronics, 4% in todays high-tech industries with Leak Detection, 5% applications in rocketry, the Purging/Pressurizing, 3% semiconductor and electronics Fibre Optics, 6% industries and super cooling for MRIs and superconductors. As those sectors continue to expand, the demand for helium also MRI, 20% Lifting, 8% expands. Cryogenic, 4% Breathing, 3% Welding, 17% TSX.V RHC 6

Helium Price Grade-A Helium Price Chart $300.00 $250.00 $200.00 $150.00 $100.00 $50.00 $- 2006 2008 2010 2012 2014 2016 2018 ( $ CAD/Mcf) Source: USGS, BLM, National Bank TSX.V RHC 7

Helium Price comparison 2 He Helium 4,0026 1 Mcf of Grade-A Helium 1 Mcf of Natural Gas 1 Barrel of Liquid Helium $200+ CAD $3.00+ CAD $850+ CAD Source: USGS, BLM, National Bank TSX.V RHC 8

Project operations 366,215 acres total (572 sections) Lands acquired based on an ongoing, thorough analysis of existing well, seismic and geological data. Associated with Saskatchewan s highest known helium concentrations ~45% on 21 year helium leases, remainder as exploration permits All in close vicinity to highways, roads, cities and oil & gas infrastructure TSX.V RHC 9

Alberta Manitoba Project operations Moose Jaw Regina Swift Current Ceylon Weyburn Francis/Weyburn Griffin Shaunavon Bengough Val Marie Montana North Dakota TSX.V RHC 10

On Production On Production Helium Gas Concentrations (%) Helium Gas Relative Concentrations Helium Concentrations in Saskatchewan with 0.30% Economic Cut-off* * Saskatchewan Ministry of the Economy has 0.3% Helium as an economic cut-off for primary Helium production 3.00% 2.76% 2.50% 2.50% 2.00% 1.56% 1.50% 1.41% 1.31% 1.13% 1.10% 1.00% 0.91% 0.50% 0.00% Canadian Helium Corp. - Swift Current Weil Group - Mankota North American Helium - Battle Creek Royal Helium Corp. - Griffin Royal Helium Corp. - Ceylon Royal Helium Corp. - Bengough Royal Helium Corp. - Francis Royal Helium Corp. - Weyburn TSX.V RHC 11

Bengough Area ~36,000 Acres. 90 Km of 3D Seismic First re-entry complete work-over in process Targeting data indicated high concentrations of gaseous helium present within porous units in the Deadwood and Winnipeg Sands. (1.4% helium from historic data) 7 identified re-entry targets Proposed Vertical Well Re-Entry Well TSX.V RHC 12

Bengough Area Structural High & Closure TSX.V RHC 13

Bengough Area High Amplitude TSX.V RHC 14

Bengough Area Proposed Vertical Well Structural High & Closure & High Amplitude TSX.V RHC 15

Val Marie Area Mankota (Weil Group) Val Marie ~72,000 acres. Regionally adjacent to the currently producing helium facility owned and operated by the Weil Group Highly favorable structures funnel from the Williston Basin and Eastend Syncline Southern Bowdoin Dome intrusive body creates structurally favorable trap Bowdoin Dome as potential source and pressure driver thought to be the source for the Weil Group s Mankota TSX.V RHC 16

Val Marie Area Shallow Low Proposed Vertical Well High Source: Composite Seismic Sawatzky 1960 Helium Prospects in SW Saskatchewan TSX.V RHC 17

Shaunavon Area Proposed Vertical Well Shaunavon Frenchman River Complex Federally Protected Land ~144,000 acres. Available 2D seismic lines over property Large anomalies potentially associated with favorable Helium reservoirs. Other operators with successful wells. The possible economic importance of these structures in relation to entrapment of petroleum and natural gas (including Helium) is obvious. *W.T. Colin, June 1965 Interpretation of Two Associated Magnetic Anomalies in the Shaunavon Area TSX.V RHC 18

Action path Budget Benegough Re-Entry In Progress Seismic + Interpretation Drill Program Design Offtake Partnership Agreement Drilling On Production 2018 Q1 Q2 Q3 Q4 Program Budget Re-Entry - Bengough $ 350,000.00 Seismic Acquisition and Interp. Val Marie & Shaun. $ 500,000.00 Drilling, Completions & Flow Test - Val Marie $ 1,300,000.00 Drilling, Completions & Flow Test - Shaunavon $ 1,300,000.00 TSX.V RHC 19

Contact us Corporate Office Suite 101 3239 Faithfull Ave Saskatoon, SK S7K 8H4 T: +1.306.291.2461 Corporate Enquiries Scott Newman, CEO snewman@royalhelium.com John Jeffrey, CFO jjeffrey@royalhelium.com Investor Enquiries Dean Nawata, IR dean@royalhelium.com www.royalhelium.com TSX.V RHC 20

disclaimer statement 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 2016 land auction 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- NA51-101 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. RHC 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 forwardlooking 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. TSX.V RHC 21