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Helium Evolution Announces First Commercial Sales of Helium

CALGARY, Alberta, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Helium Evolution Incorporated (TSXV:HEVI) ...

articleHelium Evolution IncorporatedOctober 16, 20253/company/helium-evolution-inc/news/helium-evolution-announces-first-commercial-sales-of-helium
Helium Evolution Announces First Commercial Sales of Helium

About this update from Helium Evolution Incorporated

[{"type":"text","content":"Helium Evolution Announces First Commercial Sales of Helium\n\n\n\n CALGARY, Alberta, Oct. 16, 2025 (GLOBE NEWSWIRE) --\n \n Helium Evolution Incorporated (TSXV:HEVI)\n \n (\"\n \n HEVI\n \n \" or the \"\n \n Company\n \n \"), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce a major milestone with the first load of helium delivered to the off taker from the helium processing facility in the Mankota area, located at 1-2-4-9W3 (the “\n \n Soda Lake Facility\n \n ”), marking the first commercial sales of helium for the Company.\n \n\n The Soda Lake Facility, in which HEVI holds a 20% working interest in, is a joint project with North American Helium Incorporated (“\n \n NAH\n \n ”) and is designed to process 12 million standard cubic feet per day (“\n \n mmscf/d\n \n ”) of raw gas. Production will initially be supplied by three helium wells connected through a dedicated pipeline gathering system. The Soda Lake Facility is producing at the designed capacity of 12 mmscf/d of raw gas.\n \n\n This achievement represents a significant step in HEVI’s transition from exploration and development to commercial production and revenue generation. The Company extends its appreciation to NAH for its operational expertise and collaboration in bringing the project to this successful stage.\n \n\n “We are extremely proud to reach this important milestone,” said Jim Baker, Interim President & CEO of Helium Evolution. “The first commercial sale of helium is a transformational event for HEVI, validating our strategy and confirming the potential of our Saskatchewan helium assets. We look forward to building on this success as we continue to advance our exploration and development programs.”\n \n\n With first helium sales now achieved, HEVI anticipates a steady contribution of production revenue from its working interest in the Soda Lake Facility while continuing to pursue additional growth opportunities across its large, prospective land base in southern Saskatchewan.\n \n\n\n Board of Directors Update\n \n\n\n The Company also announces that Greg Robb has resigned from the Board of Directors. “We would like to thank Greg for his tenure as a board member and wish him all the best in his retire...

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