CALGARY, Alta., April 11, 2022 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (“HEVI”, “Helium Evolution” or the “Company”), a Canadian helium exploration and production company focused on developing assets in southern Saskatchewan, is pleased to announce that the CEO , Greg Robb, and his HEVI team joined Arne Gulstene, Head of Enterprise Services, TMX Group, today to celebrate the company’s recent listing on the TSX Venture Exchange and open the market.
“We are thrilled and honored to open the TMX Group markets in recognition of our debut as a publicly traded company,” said Greg Robb, President and CEO of Helium Evolution. “Today marks an important milestone for Helium Evolution which is the culmination of many months of hard work and well-deserved progress for the Company, and we intend to build on this momentum. Our team is already preparing to begin our initial drilling program in the spring/summer of 2022, with the objective of sustainable production of green helium within an estimated timeframe of 12 months.”
Helium Evolution Incorporated was founded in 2021 and has since amassed the largest helium land position in North America among publicly traded companies with over 5.4 million licensed acres. The Company’s management team has over 150 years of combined experience in resource development in the Western Canadian Sedimentary Basin and is committed to increasing exploration and development efforts across its lands to become a leading supplier of sustainably produced green helium for the growing global helium market. The Company was listed on the TSX Venture Exchange on March 30, 2022 under the symbol “HEVI”.
For market openings: Media can pick up a TOC (Television Operations Center) feed for all Market Opening Ceremonies. The stream is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Center and sent live to the TOC. To retrieve the stream via the Dejero network, please contact [email protected] The customer presentation video will begin playing on the TMX Media Wall at approximately 9:27 a.m. ET and markets will open to the sound of a siren at 9:30 a.m. ET.
Date: Monday, April 11, 2022
Time: 9:00 a.m. – 9:30 a.m.
Location: broadcast virtually
LEARN MORE ABOUT THE EVOLUTION OF HELIUM
Additional information is available on the company’s website, including a current company overview, as well as an “in-depth” research report commissioned by Helium Evolution and prepared by a third party whose experience includes the function of research analyst for several bank-owned and independent investment firms. dealers. Additionally, HEVI invites interested parties to follow the company on LinkedIn and Twitter for ongoing company updates and helium industry information.
About Helium Evolution Incorporated
Helium Evolution is a Canadian-based helium exploration and production company with the largest helium land rights position in North America among publicly traded companies, focused on developing assets in southern Saskatchewan. The Company has more than five million acres of land under license near proven discoveries of economic helium concentrations that will support increased exploration and development efforts in its territory. HEVI’s management and board are executing a differentiated strategy to become a leading supplier of sustainably produced helium to the growing global helium market, providing an attractive opportunity for investors.
Statement regarding forward-looking information
This press release contains statements that constitute “forward-looking statements”. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from any anticipated results, performance or achievements expressed or implied. -understood by these forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”. , “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “could”, “might” or “should” occur.
Forward-looking statements contained in this document include statements regarding the company’s expectations regarding the use of available funds, the granting of additional permits on the lands applied for, the drilling of permitted lands, the future of helium supply and demand fundamentals and other statements that are not historical. realities. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or other future events, to be materially different from the results, performance or future achievements expressed or implied by such forward-looking statements. These factors and risks include, among others: the Company may choose to allocate its available funds differently; the Company may need additional funding from time to time in order to continue its operations; financing may not be available when needed or on terms acceptable to the combined company; new laws or regulations could adversely affect the Company’s business and results of operations; the stock markets experienced volatility that was often unrelated to company performance. These fluctuations could have an adverse effect on the price of the Company’s securities regardless of its operational performance; the granting of additional permits is subject to a competitive process over which the Company has no control; risks generally associated with resource exploration and production; the uncertainty of expense estimates and projections; constraint in the availability of services; fluctuations in commodity prices and currency exchange rates; the current COVID-19 pandemic; adverse weather or ice break-up conditions; and uncertainties resulting from potential delays or changes in plans for exploration or development projects or capital expenditures.
When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks as well as other uncertainties and potential events. The Company has assumed that the important factors referred to in the preceding paragraphs will not cause such forward-looking statements and information to be materially different from actual results or events. However, the list of such factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. Readers are cautioned not to place undue reliance on forward-looking information. Such information, although considered reasonable by management at the time it was prepared, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release. The Company does not intend, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. ‘required.
This press release is not for distribution to US news services or for dissemination in the United States. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “United States Securities Act”) or any state securities law and may not be offered or sold in the United States or to US persons unless registered under United States securities law and applicable state securities laws or an exemption from such registration is available.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.