Royal Helium Ltd.（“Royal”）宣布，Royal 及其子公司 Royal Helium Exploration Limited 和 Imperial Helium Corp.（与 Royal 合称“公司”）已取消先前宣布的该公司债券单位的私募发行计划（即先前于 2024 年 12 月 2 日宣布的私募发行计划）（即“私募发行”）。2025

年 1 月 20 日，公司宣布了其根据《破产法》（即“BIA”）提出提案的意向通知。该公司此前一直在寻求庭外重组解决方案。然而，在审查了所有融资方案并仔细考虑了所有可用替代方案，并咨询了法律和财务顾问后，公司董事认为，根据 BIA 申请保护并取消先前宣布的私募发行计划符合公司及其利益相关者的最佳利益。

所有现有公司债券持有人（“现有债券持有人”，即 2025 年 12 月 31 日到期的 14% 可转换债券和 2025 年 6 月 30 日到期的 12% 可转换债券，在此统称为“现有债券”）提交的投标均选择参与放弃现有债券，以换取在私募结束时发行新债券单位，新债券单位等于此类现有债券持有人放弃的现有债券当时未偿还的本金金额，这些债券持有人将继续按照现有条款持有现有债券，所有提交的同意书均无效。

公司还宣布，已接受 Karl Kurz 辞去董事会职务，立即生效。该公司首席执行官表示：“我们非常感谢卡尔在董事会任职期间做出的贡献。卡尔无疑是资源领域最有成就的专业人士之一，能有他这样的人才加入公司是一种荣幸。我们祝愿他在未来的工作中取得成功。”

Royal Helium Ltd. ("Royal") announces that Royal and its subsidiaries, Royal Helium Exploration Limited and Imperial Helium Corp. (together with Royal, the "Company"), have cancelled the previously announced proposed private placement offering of debenture units of the Company previously announced on December 2, 2024 (the "Private Placement").

On January 20, 2025, the Company announced its notice of intention to make a proposal under the Bankruptcy and Insolvency Act (the "BIA"). The Company had previously been pursuing an out-of-court restructuring solution. However, following review of all financing options and careful consideration of all available alternatives, and consultation with legal and financial advisors, the directors of the Company determined that it was in the best interests of the Company and its stakeholders to file for protection under the BIA and to cancel the previously announced proposed Private Placement offering.

All tenders delivered by holders of existing Company debentures (the "Existing Debentureholders", being the 14% convertible debentures due December 31, 2025 and the 12% convertible debentures due June 30, 2025, and collectively referred to herein as the "Existing Debentures") who opted to partake in the optional forfeiture of their Existing Debentures in exchange for the issuance of the new debenture units upon closing of the Private Placement equal to the then-outstanding principal amount of such Existing Debentureholder's forfeited Existing Debentures shall continue to hold their Existing Debentures in accordance with their existing terms and all tendered consent forms shall be null and void.

The Company also announces that it has accepted Karl Kurz's resignation from the board with immediate effect. The Company's CEO commented "We are incredibly grateful for the contributions Karl made during his tenure on our board. Karl is undoubtedly one of the most accomplished professionals in the resource space, and it has been a privilege to have someone of his caliber involved with the Company. We wish him nothing but success in his future endeavors."