- Helium Evolution Incorporated (HEVI) is capitalizing on the untapped potential of Saskatchewan’s helium resource.
- The company has land rights to approximately 5.6 million acres, representing the largest land package held by a public company in North America.
- HEVI’s Saskatchewan holdings put the company in a natural resource-friendly province with a skilled local workforce and a supportive government.
- HEVI is focused on helium extraction in wells that have nitrogen as the carrier gas, creating an environmentally friendly operation that will also create a cost advantage during the extraction and liquefaction processes.
- HEVI’s land package contains significant helium targets created by radioactive decay; existing exploration data will help the company select drill targets offering higher probabilities of success.
- Enhanced farm-out agreement with North American Helium provides HEVI near-term drilling catalysts that can accelerate cash flow generation without incurring up-front capital costs.
- The company is led by an impressive management team with a combined 150 years of experience in resource development and executive leadership.
Home to the largest helium purification facility in Canada and one of the most highly concentrated helium resources in the world, the province of Saskatchewan is an emerging jurisdiction for helium exploration and production. With its proximity to the US, one of the world’s largest helium consumers, the province is accelerating the development of its helium sector.
Through the Helium Action Plan, launched in 2021, the Saskatchewan government aims to improve its competitiveness and increase investments across the helium value chain: from exploration and production to innovation, processing and exports.
Helium Evolution Incorporated (TSXV:HEVI) is a Canadian helium exploration and production company focused on developing its helium assets in southern Saskatchewan. It’s leveraging Saskatchewan’s value proposition as a ‘green’ alternative to harvesting helium as a byproduct of natural gas. HEVI owns land rights to approximately 5.6 million acres, representing the largest land package in Canada controlled by a public entity.
HEVI’s land package is located in a helium-rich area and in close proximity to the US market, which is among the largest helium consumers in the world.