CORPORATE PRESENTATION August 2018 TSX.V:AHE/OTCQB:AHELF/XFRA:43UB - - PowerPoint PPT Presentation

CORPORATE PRESENTATION

August 2018

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DISCLAIMER & READER ADVISORY

This presentation is provided solely for information purposes to shareholders and qualified parties and does not constitute an offer to sell or solicit an offer to buy any securities of the Company and/or its subsidiaries. This document may contain forward-looking statements within the meaning of certain securities laws, including provisions of the Securities Act (Ontario). These forward-looking statements are based on projections, expectations and estimates as of the date of this

• document. Forward-looking statements are provided for the sole purpose of providing information about management’s expectations and plans. All forward-

looking statements made in this document are qualified by these cautionary statements and those made in the Company’s other filings with the securities regulators of Canada. The information contained in this presentation is considered accurate as of its date. Such information is subject to change at any time and this presentation should not be construed to indicate that there has been no change in the affairs of the Company and/or its subsidiaries at or near or since the date hereof. Any projections of financial and operating performance that are provided in this presentation of management’s projected business objectives should not be construed

• r be relied upon as accurate representations of future results.

An investment in American Helium Inc. is speculative due to the nature of the Company's business. Investors must rely upon the ability, expertise, judgment, discretion, integrity, and good faith of the management of the Company. Actual results will likely vary and may vary materially. No representation or warranty is made as to the accuracy or completeness of any of the information contained herein. We seek safe harbor. Certain information contained herein is considered “analogous information” as defined in National Instrument 51-101 (“NI 51-101”). Such analogous information has not been prepared in accordance with NI 51-101 and the Canadian Oil and Gas Evaluation Handbook. In particular, this presentation notes specific analogous oil, gas and helium discoveries and corresponding details of said discoveries in the area of the Company’s property interests and makes certain assumptions about such property interests as a result of such analogous information and potential recovery rates as a result thereof. Such information is based

• n public data and information recently obtained from the public disclosure of other issuers who are active in the area, and the Company has no way of verifying

the accuracy of such information and cannot determine whether the source of the information is independent. Such information has been presented to help demonstrate that hydrocarbons and helium may be present in commercially recoverable quantities in the Company’s areas of interest. There is no certainty that such results will be achieved by the Company and such information should not be construed as an estimate of future reserves or resources or future production levels of American Helium Inc.

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*Source: Gustavson Associates NI 51 -101 Report on Bruin Point Assets

COMPANY OVERVIEW

American Helium is an exploration company focused on developing helium resources in North America to increase the global helium inventory

HIGHLY FAVOURABLE SUPPLY / DEMAND FUNDAMENTALS

• Uncertainty of supply and supply disruptions - US Federal Reserve closes 2021

(~13% of FY 2016 global supply)

• Cannot be substituted, strong medical & high-tech demand - price has doubled since 2010

PATH TO PRODUCTION

• Focused development plan to commercialize assets and achieve production by end of 2019.

HIGHLY EXPERIENCED TEAM

• Industry renowned helium geologists and technical team
• Focused management professionals with a track record of success in the resource space

DIVERSE SELECTION OF HELIUM PROJECTS:

• Colorado: Project agreement with Yankee Resources to acquire acreage in SE Colorado

and re-drill two wells with proven helium resources.

• Arizona: Project agreement with Holbrook Basin Energy to identify exploration targets for

drilling in a well-established helium production district with He concentrations as high as 10%.

• Utah: 100% Working Interest, 87.55% Net Revenue Interest in 17 thousand acres in Carbon

County, Utah with a NI 51-101 Report by Gustavson Associates that notes commercial

quantities of Helium.

He

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CONCLUSIONS

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placements and/or possible strategic partner/shareholder Cheyenne Project: End 2019 Late 2018 Currently owned or agreements signed; land leased and being expanded Low share price Excellent entry point

Seeking Capital Potential Near-Term Production Drilling Exploration Plays Available Opportunity

He

2018 - 2019

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COLORADO NORTH CHEYENNE PROJECT

South East Colorado

USA

Located at north end of prolific Las Animas Arch of SE Colorado Low Risk Re-entry or well twinning opportunities Inexpensive leasing costs World-class Morrow rock quality (reserves recovered quickly w/ high NPV) 4-5% Helium in Morrowan gas reservoirs insulated from natural gas pricing downside Surrounded by multi-BCF Morrowan fluvial reservoirs detectable on 3D seismic 1.5 BCF/well natural gas and He reserve potential. Valley trends point toward Project Area Drilling cost of $500K/well with potential production of 2-3 MMCFD natural gas (5% He)

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COLORADO NORTH CHEYENNE PROJECT

Stratigraphic Column – Prospective Horizons

Project Area Morrow Structure 100’ c.i.

COMPONENT

Mole % GPM

HELIUM (HLM) 5.58% HYDROGEN (H2) 0.00% NITROGEN (N2) 66.02%

CARBON DIOXIDE

(C02) 0.76% METHANE (C1) 21.25% ETHANE (C2) 1.69% 0.433 PROPANE (C3) 1.43% 0.375 I GO-BUTANE (IC4) 0.25% 0.079 N-BUTANE (NC) 0.66% 0.198 ISO-PFNTANE (1C5) 0.23% 0.080 N-PENTANE (NC5) 0.34% 0.120 HEXANES (C6) 1.79% 0.739 TOTAL 100.00% 2.025

GROSS HEATING VALUE PER CU.FT. @60F & 14.65 PSIA DRV 402 BTU

TYPICAL GAS ANALYSIS

Remarks: Morrow Formation

Expect 5% Helium and 400+ BTU gas in Morrow incised valley sandstones

Indicates conventional oil potential

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COLORADO NORTH CHEYENNE PROJECT

RE-DRILL OPPORTUNITIES

Offline when producing 500MCFD

7/25/18- 14 Hour flow test: 3 MMCFD on 1 1/4" choke increasing to 4.15 MMCFD 7/25/18- 14 Hour flow test: 3 MMCFD on 1 1/4" choke increasing to 4.15 MMCFD

7/25/18 14 Hour Flow Test: 3 MMCFD on 1 1/4" choke Increasing to 4.15 MMCFD

COMPLETION REPORT

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COLORADO NORTH CHEYENNE PROJECT

Seismically Definable Morrowan Valleys 3D SEISMIC-BASED EXPANSION OPPORTUNITY

Smaller Morrow channels on 3D seismic survey Western Central Kansas Uplift The 3D seismic program provides an opportunity for significant helium reserves upside in the project area. The project immediately offsets Morrow gas production that averages 1.5 BCF/well, ranging up to 2.7 BCF HELIUM 7-WELL FULL CYCLE ECONOMICS

Leasing, 3D seismic, drilling, 1.5 BCF/well NPV = $34.2 MM Cum Cash Flow = $55.2 MM Spending = $6.6 MM

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COLORADO NORTH CHEYENNE PROJECT

SUMMARY

Required to define Morrowan Valleys

3D SEISMIC

5600’ drilling depth to test the seismic anomalies

DRILLING

$500K est. ~ 30sq.mi. leasing (assumes $25/acre) $800K est. ~30 sq.mi. 3D survey

($26K/mi. acquisition, permits & processing)

COSTS

$475K GAS $550K OIL

• Approx. completed well cost

COMPLETION

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ARIZONA HOLBROOK BASIN PROJECT

4 CORNERS, ARIZONA

USA

Venture agreement with Holbrook Basin Energy LLC of Golden, CO Located in “Four Corners” area where the States of Utah, Colorado, New Mexico and Arizona meet Helium productive Holbrook Basin where concentrations of the gas are as high as 10%. Arizona is known in the industry as “the Saudi Arabia of helium” Holbrook Basin Energy has developed a compelling exploration play and target land identification is underway.

COLORADO ARIZONA UTAH NEW MEXICO

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ARIZONA HOLBROOK BASIN PROJECT

Significant production and shows of Helium in North Eastern Arizona

Modified after Rauzi and Fellows (2003) Basin structural cross section modified after Rauzi and Fellows (2003)

Major Helium Producing Intervals

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UTAH BRUIN POINT ASSET

Carbon County, Utah

WOODSIDE USHR #1 HARLEY DOME USHR #2

AMERICAN HELIUM LEASEHOLD

UTAH USA CARBON COUNTY

UNITAH BASIN PARADOX BASIN

12 BLM leases totaling 17,767.04 acres in Carbon County, Utah 100% Working Interest (WI) 87.55% Net Revenue Interest (NRI) Leases are in effect until 1/31/2025 Located in close proximity to key infrastructure for separating helium from

• ther gases located in Carbon County, Utah

NI 51-101 Report by Gustavson Associates notes commercial quantities of Helium

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UNLOCKING VALUE

Multiple scenarios for the development & commercialization

• f our projects to ensure maximum value extraction

for shareholders

THE FOUR MAJOR PRODUCERS NYSE: PX Market Cap: $42.8 Billion USD EN Paris: Al Market Cap: €46.4 Billion EUR NYSE: APD Market Cap: $35.1 Billion USD Xetra: LIN Market Cap: €35.2 Billion EUR

Feed Gas to Producer

Selling feed gas to a major industrial gas company that would build-

• wn-operate a liquid helium plant(s)

Production Joint-venture

Forming a JV with one of the major industrial gas companies to build-own-operate the plant(s) and sell the liquid helium output

Exit

Sale of the entire project(s) to an industrial gas company or strategic gas user seeking access to long-term helium resource

Production Development

Construct liquid helium plant(s) ourselves and sell bulk liquid helium to major industrial gas companies via long-term off- take,

• r long-term helium supply

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SUMMARY

AMERICAN HELIUM HAS A CLEAR PATH TO REDRILL PROVEN GAS PRODUCING WELLS CONTAINING COMMERCIAL He AND DEVELOP EXPLORATION DRILL PROSPECTS

Declining supply – growing demand New technologies driving opportunity

MARKET OPPORTUNITY

Located in prolific and historic helium districts

DIVERSE PROJECT MIX

Industry professionals with a track record of success in the resource sector

EXPERIENCED TEAM

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GET IN TOUCH

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info@amerihelium.com www.amerihelium.com

HEADQUARTERS

1090 West Georgia Street Suite 1305 Vancouver, BC V6E 3V7 Canada

APPENDIX

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* Subject to 3-year Escrow

AS AT JULY 31, 2018

TSX.V Ticker Debt Management and insiders shares*

AHE 33,516,427

Total Shares Outstanding

38,525,177

(Fully Diluted)

$0 CDN 23,000,000

SHAREHOLDER STRUCTURE

American Helium (TSX.V: BPX) is listed on the Toronto Stock Exchange (Venture) following the completion of a Reverse Merger on Dec 4th, 2017

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AMERICAN HELIUM’S LEADERSHIP

DAVID SIDOO, EXECUTIVE CHAIRMAN, DIRECTOR

• Successful businessman based in Vancouver where he oversees

a successful private investment banking and financial management firm.

• Former Partner and Advisory Board Member at Yorkton Securities
• Ranked in the Top Five nationally at Yorkton
• Founding shareholder of American Oil & Gas Inc. (NYSE -AEZ) which was sold to Hess Corporation in Dec 2010 for over US$600 million
• Voted one of the top 100 South Asians making a difference

in British Columbia.

FRANK JACOBS, PRESIDENT, CEO, DIRECTOR

• Petroleum Engineer with 35 yrs. of operational experience in drilling and production. Held senior positions in junior oil companies as

Managing Director CEO and COO as well as specific project implementation and leadership.

• Specializes in start-up ventures and growing companies through acquisitions of oil and gas production. Raise equity and debt for such

acquisitions.

• Experienced director of public companies in Canada, USA and Australia.
• Worldwide experience.
• Born and educated in the Netherlands and afterwards obtained a M.Sc. degree in Petroleum Engineering at the University of Calgary.

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AMERICAN HELIUM’S LEADERSHIP

LAWRENCE PEMBLE, COO AND CFO, DIRECTOR

• Led multiple financing rounds, M&A activities, worked for public companies and has held executive roles, up to and including CEO, for start-

up and private equity backed ventures, both in private and public capacities.

• Working extensively in the Private Equity industry specifically in resources, where he has held executive positions
• Said Business School, University of Oxford MBA student
• Lawrence served for 6-years as a Royal Marines Commando serving tours of duty across the Middle East and Africa

NICK DEMARE, CPA, CA, DIRECTOR

• Over 20 years providing administrative, management and financial services to private and public companies involved in resource exploration

and development

• Assisted numerous companies in making the transition from the private to public stage and arranging and participating in equity and debt

financing

• He is currently the Director and Officer of a number of public companies listed on the TSX Venture Exchange, the Toronto Stock Exchange

and also on OTC.

• Has raised over $100 million for public companies

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HELIUM

Helium is a noble gas and the smallest of all known elements, the second lightest and has the lowest boiling point. This combination

• f characteristics places helium as a unique commodity with

numerous applications. It also does not react to other elements or chemicals, making it the only gas that can be used to purge the liquid engines of super colliders and rockets. As helium is lighter than air, it is actively being lost into space. However, helium is also actively being created via the decay of naturally occurring radioactive elements in rocks over time. This is the setting for the American Helium project, where the released helium has accumulated in porous geological formations such as sandstone. As a high-value product, liquid helium can be transported to reserves and processing facilities via containers mounted onto trucks with no pipelines being necessary.

He

Helium

4.0026

2

Inert Lighter than air Small atomic radius Low solubility Lowest boiling point of any element Non-flammable Non-toxic Non-radioactive Odourless Colourless

He

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MARKET

A strategic market currently dominated by the USA

Current global demand estimated to be over 6 bcf per annum, and to be worth over US$ 6 billion. USA is the largest producer with a 55% share in 2016, followed by Qatar with 32%, and Algeria, Australia, Russia, Poland and Canada also contributing smaller shares. Recent known reserves for Helium producing countries are 137.73 bcf for USA, 63.57 bcf for Algeria and 60.03 bcf for Russia. He

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SUPPLY AND DEMAND

Global supply falling while demand increases

US reserves are dwindling due to the lack of helium production from its oil and gas fields

“

0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

GLOBAL SUPPLY AND FORECAST (2016 ONWARD)

Demand Forecast (3% CAGR) USA (exc. BLM) BLM* Qatar Algeria Australia Canada Poland Russia American Helium Opportunity

Demand for Helium projected to increase steadily fueled by increased demand for current applications and emergence of new applications driven by innovation Supply expected to be constrained as US Bureau of Land Management depletes its Helium reserve facility by 2020.

”

– US Geological Survey

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HELIUM PRODUCTION

Concentration of production among a handful

• f countries will continue to be the leading

driver of uncertainty of supply and volatility

As long as the helium market is driven by only a handful of countries, it will continue to be at the whim of domestic and international politics, and volatile. The Bureau of Land Management’s current auctioning of helium reserves which is expected to continue until 2020 until depleted (save for a strategic stockpile of 3 bcf), will lead to a further drop in supply,

• nce all the reserves have been sold.

Research analysts predict helium gas demand to grow at between 6.4% (IHT Markit) to 9% (Technavio) CAGR over the next decade, well above supply.

c ar l o an a c cep t able mo ti vation sign ature check appr o ved c alcu l ate st an d ard pa ssion c ontr act w orking r o om re w ard appointment C trend risk and re w ard pl anner c ontent marketing time man a gement mail security money transfer gr o wth market research professional R safty l o gistics investment g o al meeting

• nline

st ore

• pportunity

insurance specialist centralized

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HELIUM USES

Widely used for important everyday technologies

20% 4% 3% 17% 8% 6% 4% 5% 10% 14% 6% 3% MRI Other Cryogenic Breathing Welding Lifting/Balloons Fibre Optics Electronics Leak Detection Laboratory Other Cryogenic Purging/ Pressurizing Controlled Atmosphere

Widely used in diverse applications such as cryogenics (i.e. MRI), welding, semiconductor manufacturing, optical fiber manufacturing, leak detection, lifting and others Liquid helium is required for superconducting due to its ultra-low boiling point (-269 °C) Increasingly viewed as a high-tech element owing to its increased use in electronics manufacturing Due to its unique properties, new applications for helium continue to emerge. Recent new applications include

• Computer hard drives
• Google X Project Loon
• Hybrid Air Vehicles (Lockheed Martin)

He

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Market data from bloomberg markets as at Dec 15, 2017

HELIUM

A globally strategic element in future technologies

NASDAQ: GOOGL Market Cap: $741.9 Billion USD

GOOGLE’S PROJECT LOON

“Balloon Powered Internet For Everyone” Helium filled balloons to provide the world with internet NYSE: LMT Market Cap: $92.6 Billion USD

LOCKHEED MARTIN’S HYBRID AIRSHIPS

Revolutionizing remote transportation – Helium filled balloons to cater remote areas for heavy cargo at a tenth of the cost

• f traditional methods

NASDAQ: NFLX Market Cap: $82.2 Billion USD

NETFLIX RUNS ON HELIOSEAL TECHNOLOGY

The worlds largest video- streaming leader gains completive advantage using HGST helium filled drives. In fact, Netflix increased capacity by 50%, while reducing energy usage by 23% NASDAQ: WDC Market Cap: $24.1 Billion USD

HELIUM-FILLED HARD DRIVES

Pushing the capacity boundaries

• f hard drives. Helium-filled

drives use less power to spin the disks, they run cooler, and they can pack in more disks.

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PRICE COMPARISON BETWEEN LIQUID HELIUM AND NATURAL GAS PER MCF (THOUSAND CUBIC FEET)

BULK LIQUID HELIUM PRICE

The price of Grade-A helium has risen by ~100% over the last 10 years

$0

$50 $100 $200 $250 $150 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

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GRADE-A HELIUM PRICE CHART US $200+ US $3 A 42 gallon barrel of liquid helium is worth ~$847 at the current price

He

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27 50 100 150 200 250 2008 2009 2010 2011 2012 2013 2014 2015 2016

INDEXED COMMODITY PRICES INDEX 2008 = 100 (ANNUALLY ADJUSTED)

Natural Gas (US) Crude Oil (Brent) Platinum Silver Gold Crude Helium

HELIUM PRICE COMPARISON

Helium has experienced consistent growth

THANK YOU