Investor Presentaiton
Billion Cubic Feet
The New Market Landscape
⚫ U.S. Strategic Reserve (BLM) now depleted, free market pricing now in effect
North American supply has significantly weakened with the elimination of the U.S. strategic reserve
• As the helium market continues to evolve, greater transparency into market pricing for helium is expected
Supply Estimates
USGS World Helium Production (billion cubic feet)
7.00
5.25
3.5
1.75
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019 2020 2021
Source: US Geological Society, Mineral Commodity Summaries
RESULT
CORPORATE PRESENTATION | TSXV: HEVI
HELIUM
EVOLUTION
Canada
Poland
Russia
Australia
Pricing Reported by Industry Competitors 1,2
$500
USD per mcf
wholesale
helium pricing
-$1,090
USD per mcf
retail helium
pricing
Algeria
Qatar
Bureau of
Land Mgmt
US
Helium Pricing Used
in HEVI's Forecasts
$450
USD per mcf wholesale
Pure-play Canadian helium development is now economically viable and
deemed critically important for Canada's economic development.³
1 Total Helium May 2023 Investor Presentation
2 NASA news release dated September 29, 2022
3Critical Minerals; Government of Canada; 2021
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