Global Helium Corp. (“Global” or the “Company”) (CSE: HECO,OTC:HECOF) and 2679158 Alberta Ltd. (the “Buyer”) today announce the completion of the previously announced acquisition of the Company by Buyer pursuant to a plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the “Scheme”). Pursuant to the Arrangement, Buyer has acquired all of the issued and outstanding Class A Common Shares, Series A Preferred Shares and Series B Preferred Shares of the Company (each a “Share”).
Shareholders holding 31,190,215 Shares validly elected (or deemed to have elected) to receive an aggregate of $1,559,510.75 as cash consideration (representing $0.05 per share) for their Shares, and Eligible Shareholders holding 32,299,621 Shares validly elected to receive common shares in the capital of Buyer as share consideration for their Shares.
An annual general and special meeting of shareholders (the “ Meeting “) was held to approve, among other things, a special resolution (the ” Regulation resolution “) thereby approving the Scheme. At the Meeting, the Scheme Resolution was approved by the required shareholder thresholds, with 29,088,128 votes cast in favor of the Scheme Resolution, representing approximately 97.4% of the Shareholders present in person or represented by proxy at the Meeting. Furthermore, after excluding votes from certain shareholders as required under Multilateral Instrument 61-101 – Protection of minority security holders in special transactions (” MI 61-101 “), the required majority minority approval has also been obtained. Accordingly, the Shareholder approvals required to proceed with the Scheme have been obtained.
On October 23, 2025, the Company also obtained a final order from the Court of King’s Bench of Alberta (Commercial List) approving the arrangement.
The Company’s Class A common shares (the ” Common shares “) are expected to be delisted from the Canadian Securities Exchange (” CSE “) and the OTC Pink Markets in the first week of November 2025. Following the delisting of its common shares, the Company also intends to apply to cease being a reporting issuer in Alberta, British Columbia and Ontario, all jurisdictions in which the Company is currently a reporting issuer, under applicable Canadian securities laws.
Additional Information about the Regulation
Further details in relation to the Scheme and on the above matters are set out in the Company’s management information circular dated 12 September 2025, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca.
Further information be able to are obtained Through contact:
Tom Cross, Financial Director
Worldwide Helium Corp.
E-mail: tcross@globalhelium.com
Phone: 403-975-7742
About Worldwide Helium Corp.
Global is an early-stage helium development company focused on the exploration, acquisition, development and production of helium. Global has achieved a differentiated position through a unique farm-in agreement with industry veteran Rubellite Energy Inc., giving the company access to approximately 369,000 hectares in Alberta’s Manyberries helium trend through a joint venture. Global has a seasoned team of industry professionals and technical experts who have built connections with North American and international helium buyers. Learn more at https://globalhelium.com/
Carefully Comments
This press release contains certain “forward-looking statements” under applicable Canadian securities laws Re the company, operations And financial performance And condition of the Company. Except for statements of historical facts relating to the Company, all statements contained herein are forward-looking statements. The words ‘believe’, ‘expect’, ‘strategy’, ‘goal’, ‘plan’, ‘planned’, ‘commitment’, ‘opportunity’, ‘guidance’, ‘project’, ‘continue’, ‘on track’, ‘estimate’, ‘growth’, ‘forecast’, ‘potential’, ‘future’, ‘expand’, ‘planned’, ‘will’, ‘could’, ‘could’, ‘could’ should,” “may” and similar expressions generally identify forward-looking statements. In particular, this press release contains forward-looking statements, including, without limitation, the expected delisting of its common shares from the CSE and the Company no longer being a reporting issuer among applicable Canadian securities. laws.
Forward-looking statements are not historical facts nor guarantees of future performance, but instead represent management’s current beliefs, expectations, estimates and projections regarding future performance. events And active performance. Future-oriented statements Are necessarily based on A number of opinions, assumptions And estimates That, while considered reasonable Through the Company as by the date of this press release are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements.
Important factors That could cause factual results Unpleasant differences, possible material, by that one indicated Through The forward-looking statements include, but are not limited to, risk factors identified under “Risk Factors” in the Company’s Discussion and Analysis for the year ended December 31, 2024, in the Company’s Management’s Discussion and Analysis for the period ended June 30, 2025, and in other periodic filings that the Company has filed and may in the future file with the securities commissions or similar regulatory authorities in Canada, all of which are available under the Company’s consent. SEDAR+ profile www.sedarplus.ca . These factors are not intended to provide a complete picture list by the factors That could to influence the Company. However, one like that risk factors should are considered carefully.
Readers, therefore, should not place unnecessary dependence on each one like that far-sighted statements. Furthermore, this future-oriented statements Are made as by the date by this Busy edition And, except as expressly required under applicable law, the Company disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable Canadian securities laws. All forward-looking statements in this press release are expressly qualified by the foregoing cautionary statements.
The CSE has neither approved nor disapproved the contents of this press release. Neither the CSE nor its Regulation Service Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
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