Global Helium to seek holder OK for plan of arrangement

Executive Summary

• Global Helium Corp. confirms mailing of the management information circular and related materials for its annual and special shareholders’ meeting scheduled for Oct. 16, 2025.
• The meeting will consider a proposed plan of arrangement under which a purchaser will acquire all issued and outstanding securities of Global Helium for cash consideration of $0.05 per share (plus accrued dividends on preferred shares) and may issue purchaser shares to eligible electing holders.
• Court‑ordered interim orders have been amended to allow electronic delivery of the circular to non‑registered shareholders due to a national Canada Post strike; the final court order is expected by Oct. 22, 2025 with completion of the arrangement anticipated around Oct. 24, 2025.

Key Details

• Mailing of Circular: Sent on Sept. 24, 2025 to holders of Class A common shares, Series A and Series B convertible preferred shares (record date: Sept. 11, 2025).
• Meeting Information: Held in person at 1250, 639 5th Ave. Southwest, Calgary, Alberta on Oct. 16, 2025 at 11 a.m. local time.
• Plan of Arrangement Terms:
• Cash consideration of $0.05 per common share.
• For holders of >250,000 common shares, option to receive one purchaser share per common share (fractional shares rounded down).
• Preferred shares purchased for $0.05 per preferred share plus accrued/unpaid dividends; electing holders may receive purchaser shares equal to one per preferred share plus additional shares based on the dividend amount (rounded down, no fractional compensation).
• Election Deadline: Holders must submit a completed letter of transmittal by 4:30 p.m. Calgary time on Oct. 14, 2025 (or later if meeting adjourned). Delivery to Odyssey Trust Company, Toronto.
• Electronic Distribution Due to Postal Strike:
• Canada Post strike began Sept. 25, 2025; company will email the circular and related materials to any non‑registered shareholder who requests it (email: [email protected]).
• Non‑registered shareholders advised to coordinate with brokers/intermediaries for voting using their 16‑digit control numbers.
• Court Orders:
• Interim order granting meeting called on Sept. 4, 2025; amended on Oct. 3, 2025 to permit electronic delivery.
• Final court order hearing set for Oct. 22, 2025.
• Expected Completion: Arrangement anticipated to close on or about Oct. 24, 2025, subject to shareholder approval and satisfaction of customary closing conditions.
• Voting Support Agreements: Directors, officers, and certain shareholders holding ~52.5% of shares have entered voting support agreements; after exclusions, supporting shareholders represent ~50.6% of remaining shares.

Notable Quotes

(No direct quotes provided in the release.)