Royal Helium Ltd. announced that it has entered into its first offtake agreement for the sale of food and beverage grade CO2 from its Steveville Processing and Purification Facility. This initial offtake agreement has a term of three years and will primarily serve markets in the Pacific Northwest Region of the United States. Due to the competitive nature of these negotiations, and the fact that Royal is in continuing negotiations for further contracts, disclosure over volume and price will not be made at this time.

Royal Helium will keep the market informed with updates on its CO2 business as they unfold.