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Total Helium Amends JV Agreement for Pinta South Project

Total Helium has amended the joint venture agreement in the Pinta South Helium Project in Arizona. The company will acquire a 20% interest in 2 producing wells and a 50% interest in eight additional existing wells, to be connected to a helium processing plant, for a total purchase price of US$12 million. The purchase price will be satisfied through a one-time cash payment of US$9 million and the issuance of 8,108,110 common shares of the Company. Additionally, the company has agreed to amend the terms of its brokered private placement, offering up to 25 million special warrants at a price of US$0.50/Special Warrant for gross proceeds of up to US$12,500,000.

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