Helium Evolution Commences Trading Today Under Symbol ‘HEVI’ on the TSX Venture Exchange
March 30 2022 - 7:00AM
Helium Evolution Incorporated ("HEVI", "Helium
Evolution" or the "Company"), a Canadian-based helium exploration
and production company focused on developing assets in southern
Saskatchewan, is pleased to announce the commencement of trading
today of its common shares on the TSX Venture Exchange (“TSXV”)
under the symbol ‘
HEVI’.
Helium Evolution aims to help solve the growing
global helium shortage1 that has developed as a result of
challenges associated with Covid-19, technical malfunctions at key
suppliers, and the supply chain breakdown resulting from current
political instability in Europe2. HEVI currently holds the largest
helium land position in North America among publicly-traded
companies at 5.4 million+ permitted acres, with multiple
seismically defined targets. Using existing well, seismic and
aeromagnetic data to identify helium leads in HEVI’s target
geological zone, the Deadwood formation, the Company anticipates
the commencement of its drilling program in Spring of 2022.
Within the Company’s news release of March 28,
2022, details of the number of common shares which will be subject
to future escrow and legend restrictions was provided, along with a
detailed asset summary, biographies of all current personnel, and
an explanation of the Company’s use, or future intended use, of its
available funds.
LEARN MORE ABOUT HELIUM
EVOLUTION
Additional information is available on the
Company’s website, including a current corporate presentation,
along with ‘deep-dive’ research report commissioned by Helium
Evolution and prepared by a third party whose background includes
serving as a research analyst for several bank-owned and
independent investment dealers. In addition, HEVI invites
interested parties to follow the Company on LinkedIn and Twitter
for ongoing corporate updates and helium industry information.
About Helium Evolution
Incorporated
Helium Evolution is a Canadian-based helium
exploration and production company holding the largest helium land
rights position in North America among publicly-traded companies,
focused on developing assets in southern Saskatchewan. The Company
has over five million acres of land under permit near proven
discoveries of economic helium concentrations which will support
scaling the exploration and development efforts across its land
base. HEVI’s management and board are executing a differentiated
strategy to become a leading supplier of sustainably-produced
helium for the growing global helium market, offering a compelling
opportunity for investors.
For further information, please
contact:
Greg Robb, President & CEO |
Phone: 1-587-330-2459 |
Ryan Tomlinson, CFO |
Email:
info@heliumevolution.ca |
|
Web:
https://www.heliumevolution.ca/ |
Cindy Gray, Investor
Relations |
info@5qir.com | 403-705-5076 |
Statement Regarding Forward-Looking
Information
This news release contains statements that
constitute "forward-looking statements." Such 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 the
anticipated results, performance or achievements expressed or
implied by such 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," "may," "could" or "should" occur.
Forward-looking statements in this document
include statements regarding the Company's expectations regarding
use of available funds, the granting of additional permits over
lands under application, drilling of permitted lands, the future of
supply and demand fundamentals for helium and other statements that
are not historical facts. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or
achievements, or other future events, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors and
risks include, among others: the Company may choose to allocate its
available funds differently; the Company may require additional
financing from time to time in order to continue its operations;
financing may not be available when needed or on terms and
conditions acceptable to the combined company; new laws or
regulations could adversely affect the Company’s business and
results of operations; stock markets have experienced volatility
that often has been unrelated to the performance of companies.
These fluctuations may adversely affect the price of the Company's
securities regardless of its operating performance; the granting of
additional permits is subject to a competitive process over which
the Company has no control; risks generally associated with the
exploration for and production of resources; the uncertainty of
estimates and projections relating to expenses; constraint in the
availability of services; commodity price and exchange rate
fluctuations; the current COVID-19 pandemic; adverse weather or
break-up conditions; and uncertainties resulting from potential
delays or changes in plans with respect to 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 and other
uncertainties and potential events. The Company has assumed
that the material factors referred to in the previous paragraphs
will not cause such forward-looking statements and information to
differ materially from actual results or events. However, the
list of these 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. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
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.
This press release is not for distribution to
U.S. 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
"U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act 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.
__________________________________
1
https://www.gasworld.com/helium-markets-now-experiencing-helium-shortage-40/2022650.article2
https://cen.acs.org/business/specialty-chemicals/Podcast-helium-shortage-wasnt-supposed/100/web/2022/03
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