Mr. Greg Robb reports

HELIUM EVOLUTION ANNOUNCES MOST RECENT FARMOUT WELL ENCOUNTERS HELIUM - COMPLETION AND TESTING PROCEEDING

Helium Evolution Inc.'s partner, North American Helium Inc. (NAH), has successfully completed drilling and casing of the farmout well located at 9-35-3-9W3 (test well area No. 1). NAH was responsible for 100 per cent of the drilling costs for test well area No. 1. Going forward, any joint operations involving test well area No. 1 will be shared by NAH and Helium Evolution at an 80-per-cent and 20-per-cent ratio, respectively. NAH and Helium Evolution plan to complete, test and evaluate test well area No. 1 in the coming weeks to verify the presence of helium and assess commerciality of this potential helium discovery, and will keep investors updated on progress.

About Helium Evolution Inc.

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. Helium Evolution's management and board are executing a differentiated strategy to become a leading supplier of sustainably produced helium for the growing global helium market.

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