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.
EXCITING NEWS FOR THE CANADIAN HELIUM INDUSTRY
Helium Evolution Appoints Malcolm Adams as President, CEO and Director
In The Media
See Helium Evolution’s latest commercial, showcasing our key investment highlights – as seen on BNN Bloomberg.
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)
2H 2022 – Q1 2024
INITIAL DRILLING PROGRAM
Q4 2022
ENHANCED FARMOUT AGREEMENT
Expanded and accelerated the original farmout; from five wells to up to eight wells
2022 – 2023
ACQUIRED SEISMIC
Acquired approximately 2000km of 2D seismic trade data over HEVI’s exploration acreage to enhance technical work and selection of future drilling targets
Q4 2023
FIRST HELIUM DISCOVERY
Confirmed first joint helium discovery with partner NAH at 2-31
Q1 2024 – Q1 2025
ADDITIONAL HELIUM DISCOVERIES
An additional five helium discoveries in the Mankota area
Q2 2025 – Q4 2025
SODA LAKE FACILITY CONSTRUCTION
20% working interest in 12 mmcf/d raw gas facility in the Mankota area
Q4 2025 – Q1 2026
2D AND 3D SEISMIC SHOOT
60km 2D seismic shoot in Glenbain and 170 km2 3D seismic shoot in Mankota – results expected in Q2 2026
Q1 2026
POOLING AGREEMENT WITH NAH
~40,000 acres of highly prospective helium trend in the Mankota region pooled – 49% HEVI and 51% NAH working interest
(NAH operated)
