Mr. Greg Robb reports

HELIUM EVOLUTION PROVIDES OPERATIONS UPDATE

Helium Evolution Inc.'s partner and operator, North American Helium Inc. (NAH), has initiated the completion operations for the well located at 9-35-3-9W3. The 9-35 well has been perforated and production testing and evaluation operations are continuing.

Additionally, Helium Evolution provides an update on the well drilled at 2-31-2-8W3, Helium Evolution's first helium discovery as announced on Nov. 21, 2023. The company is pleased to report that its partner and operator, NAH, has effectively stimulated the 2-31 well and is currently testing and evaluating the results.

Further, the company's partner and operator, NAH, is continuing the completion, testing and evaluation operations on the well located at 9-18-3-8W3.

The company will provide further updates on the 9-35 well, the 2-31 well and the 9-18 well, all of which the company maintains a 20-per-cent working interest in, as the results are evaluated.

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. 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.

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