The Chairman of the Board of RHC Capital Corporation, operating through its wholly owned subsidiary, Royal Helium Corporation (Royal Helium) announced that it has restructured the senior management and the composition of the board of directors of the company, along with the formation of a new advisory board. The Company has accepted the resignations of Mr. Scott Newman as President, CEO and Director, as well as the resignation of Mr. John Jeffrey as Chief Financial Officer. The new board of directors will be comprised of Tom MacNeill, John Pringle (incumbent) and Andrew Davidson (incumbent, Chairman).

Andrew Davidson has taken on the role of President and CEO and completing the management team, the Company has appointed Jeff Sheppard as Chief Financial Officer, Steve Halabura as VP Exploration, Dean Nawata as VP Business Development. Mr. Davidson is currently the CFO of 49 North Resources Inc. Mr. Davidson currently sits as a director for a number of junior natural resource exploration and production companies. Mr. Sheppard has worked in the Canadian junior resource industry for the last 7 years and has an in-depth understanding of the junior natural resource markets.

A professional geoscientist registered in the Canadian provinces of Saskatchewan and Manitoba, Steve is past-President of the Association of Professional Engineers and Geoscientists of Saskatchewan and is an Honorary Fellow of Engineers Canada and a Fellow of Geoscientists Canada. Mr. Nawata has been part of 49 North for 7 years providing project evaluation, business model development, corporate structuring and financial modeling. He is past president and CEO of Kapuskasing Gold and has sat on the boards of several public companies.

He has over 20 years of public market experience, nine of which he spent as a licensed stockbroker focusing on financing of junior mining and oil/gas projects with Nesbitt Burns, Research Capital Corporation, and Raymond James. Mr. MacNeill is the Founder, President and CEO of 49 North Resources Inc. Mr. MacNeill has been involved in the junior natural resource markets and a successful developer of natural resource properties and companies for more than 30 years. John Pringle is a partner in the Saskatoon office of McKercher LLP practicing in the areas of securities law, natural resources law and corporate commercial law with a focus on corporate finance, mergers and acquisitions and natural resources.

Mr. Pringle's experience includes acting as counsel to issuers in more than ten initial public offerings as well as several notable mergers, acquisitions, take-overs and sales.