Helium Evolution begins trading today under the symbol “HEVI” on the TSX Venture Exchange
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 shortage of helium 1 which has developed due to the challenges associated with Covid-19, technical malfunctions at major suppliers and supply chain disruption resulting from the current political instability in Europe 2 . HEVI currently holds the largest helium land position in North America among publicly traded companies with over 5.4 million licensed acres, with multiple seismic targets defined. Using existing well, seismic and aeromagnetic data to identify helium trails in HEVI’s target geological area, the Deadwood Formation, the Company plans to begin its drilling program in the spring of 2022.
In the press release of the Société du March 28, 2022 details of the number of common shares that will be subject to future escrow and legend restrictions have been provided, along with a detailed summary of assets, biographies of all current staff and an explanation of usage by the company, or the intended future use, of its available funds.
LEARN MORE ABOUT Helium Evolution
Additional information is available on the Company’s website. website including a current corporate presentation as well as “in depth” research report commissioned by Helium Evolution and prepared by a third party whose experience includes serving as a research analyst for several bank-owned and independent investment brokers. In addition, HEVI invites interested persons 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.
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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. facts. 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 when 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 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.