Helium Evolution Announces Start-Up of Soda Lake Helium Purification Facility

CALGARY, Alberta, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Helium Evolution Incorporated (TSXV:HEVI) ("HEVI" or the "Company"), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce a major milestone with the completion of commissioning of its helium processing facility in the Mankota area, located at 1-2-4-9W3 (the “Soda Lake Facility”).

“This is a pivotal moment for HEVI and our stakeholders,” said Jim Baker, Interim President and CEO of Helium Evolution. “The start-up of the Soda Lake Facility represents the transformation of HEVI from an exploration-focused company to an active participant in helium production. With a fully funded investment and a strong partnership with North American Helium, we are positioned to generate meaningful cash flow and long-term value for our shareholders.”

The Soda Lake Facility, in which HEVI holds a 20% working interest in, is a joint project with North American Helium Incorporated (“NAH”) and is designed to process 12 million standard cubic feet per day of raw gas. Production will initially be supplied by three helium wells connected through a dedicated pipeline gathering system.

“The commissioning of this facility is just the beginning,” added Baker. “We are excited to build on this momentum as we continue advancing our development plans in one of the most promising helium districts in North America.”

Stay Connected to Helium Evolution

Shareholders and other parties interested in learning more about the Helium Evolution opportunity are encouraged to visit the Company’s website, which includes an updated corporate presentation, and are invited to follow the Company on LinkedIn and X for ongoing corporate updates and helium industry information. Helium Evolution also provides an extensive, commissioned ‘deep-dive’ research report prepared by a third party whose background includes serving as a research analyst for several bank-owned and independent investment dealers.

About Helium Evolution Incorporated

Helium Evolution is a Canadian-based helium exploration 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.