Saskatoon, Saskatchewan (FSCwire) - RHC Capital Corporation (TSX Venture Exchange, symbol RHC) (“RHC” or the “Company”) announces the results of its first helium well.

Further to RHC’s news release dated December 12, 2017 the Company has suspended operations near Bengough, Saskatchewan.  Initial results from the recompletion operations in both prospective zones have not returned sufficient quantities of gas to date to warrant production testing and, as such, all field operations on the first well have been halted in order to conduct further analysis on the results and the operations program.  The Company is currently reviewing all information gathered during recompletion operations, which will allow the Company to further evaluate the ultimate prospectively of the Bengough area.

Scott Newman, CEO of RHC Capital Corporation stated, “We are both disappointed and surprised with the results of our first well, given the property has strong indication of gaseous helium trapped in reservoir.  We are analyzing all of the data we have collected to assist us in planning our operations program as we move forward, but we remain positive on the prospectivity of our large land package”.

About RHC

RHC operates through its wholly owned subsidiary Royal Helium Corp. and is currently the largest helium lease holder in Canada.  All assets are located in Southern Saskatchewan. RHC is the first company focused on primary helium production, listed on a Canadian stock exchange.  RHC’s assets were methodically evaluated for their helium potential for over two years and have been vetted by helium experts, professional geologists/engineers, and major industry participants.

For further information, please contact:

RHC Capital Corporation (Royal Helium Corp.)

Michael Graham, Chief Financial Officer

Tel: (647) 778-6945

Email: [email protected]

www.royalhelium.com

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term that is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning RHC's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "intends" "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".

These forward-looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially.  Although RHC believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. There are risks which could affect RHC's future results and could cause the results to differ materially from those expressed in these forward-looking statements.

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