Imperial Helium Corp. agreed to acquire Additional Helium Prospect Lands in Alberta for CAD 0.4 million on June 29, 2023. Pursuant to the terms of the Purchase and Sale Agreement, the total purchase price for the Asset will be CAD 400,000 consisting of a combination of cash consideration and a number of common shares in the capital of the Company (the "Common Shares") that represents the equivalent of CAD 160,000.