SASKATOON, SK, June 17,
2024 /CNW/ - Royal Helium Ltd. (TSXV: RHC) (TSXV:
RHC.WT.A) (TSXV: RHC.WT.B) (OTCQB: RHCCF) ("Royal" or the
"Company") is pleased to announce that it has engaged
Progress Through Technology LLC ("PTT") in 6-month contract to
drive operations efforts to ramp up, fine tune and stabilize
production at the Steveville Helium Purification Plant located near
Brooks in southern Alberta.
PTT is a leading technical and operations consultancy for asset
lifecycle optimization and is well recognized for its contributions
within the helium industry. PTT is headed by Mr. Brent Ziegler who has over 20 year of gas
processing and industrial gas experience in technical roles with
industry leading companies.
Andrew Davidson, CEO comments,
"We are pleased to have Brent and PTT officially engaged to oversee
the advancement towards this pivotal milestone in the development
of the Steveville helium project. His experience and reputation
worldwide are second-to-none in the helium industry."
Royal Helium thanks Mr. John
Styles for his critical contributions to date in developing
the Steveville Helium project. His work from reservoir evaluation
through facility design and ramp up to the current stable
production level has been foundational to the success
at Steveville. Mr. Styles will remain with Royal in an
advisory and consulting capacity, focusing on exploration and
development activities.
About Royal Helium Ltd.
Royal Helium is a production, infrastructure, and exploration
company with a primary focus on the development of helium and
associated gases. The Company's extensive footprint includes
prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Given the current and foreseeable
global undersupplied nature of this critical and non-renewable
product, Royal is well positioned to be a leading North American
producer of this increasingly high value commodity.
Royal's helium reservoirs are carried primarily with nitrogen.
Nitrogen is not considered a greenhouse gas (GHG) and therefore the
plant has a low GHG footprint when compared to plants in 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 90% less carbon intensive
than helium extraction processes in other jurisdictions.
Andrew Davidson
Chief Executive
Officer
Royal Helium Ltd.
Neither the 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.
SOURCE Royal Helium Ltd.
