Unlocking Canada’s Helium Potential
Helium Evolution is a Canadian-based helium exploration and production company focused in Southern Saskatchewan, holding the largest helium land position in North America among publicly-traded companies.
Growth Trajectory
Helium Evolution is executing on a strategically defined path to value creation.
H2 2020
ESTABLISHED TECHNICAL TEAM
Established technical team and identified geographic areas of interest
Ql – Q2 2021
RECEIVED INITIAL LAND PERMITS
Submitted initial land application and received initial acreage position in Southern Saskatchewan
Q2 2021
PURCHASED INITIAL SEISMIC DATA
Purchased initial seismic data and submitted additional land permit applications
Q3 2021
INITIATED TARGET ANALYSIS
Complete quality inspection of acquired seismic to define drill targets
Q3-Q4 2021
INITIATED GO – PUBLIC TRANSACTION
Initiated public transaction and closed $12.3MM subscription receipt financing
Q1 2022
ACQUIRED ADDITIONAL LAND PERMITS
Increased Saskatchewan helium land permits to over 5 million acres
Q1 2022
COMMENCED TRADING ON TSXV
HEVI shares began trading on TSXV under symbol ‘HEVI’ on March 30, 2022
Q2 2022
FARMOUT AGREEMENT + FINANCING
Announced financing from, and farmout with, North American Helium (NAH)
Q2 – Q3 2022
INITIAL DRILLING PROGRAM
2 wells drilled to date with data analysis underway and plans to acquire additional seismic
Q4 2022
ENHANCED FARMOUT AGREEMENT
Expanded and accelerated the original farmout; NAH to drill 2 wells in Q4/22 and 1 in 1H/23, all 100% funded
Q1 2023
ACQUIRED SEISMIC
Acquired over 500km of 2D seismic trade data over HEVI’s exploration acreage to enhance technical work and selection of future drilling targets
2023/2024
TARGET INITIAL COMMERCIAL PRODUCTION
Planned initial production of raw helium
