Mr. Malcolm Adams reports

HELIUM EVOLUTION ANNOUNCES GRANT OF STOCK OPTIONS

Helium Evolution Inc. has granted stock options under the company's stock option plan to certain directors, officers and consultants.

In aggregate, 2.52 million options have been granted, with 2.4 million options being granted to directors and officers and 120,000 options being granted to consultants. Each option represents the right to receive one common share of the company upon vesting, exercisable at a price of 23 cents. The options will vest as to 20 per cent on each of the six-month, 12-month, 18-month, 24-month and 30-month anniversaries of the date of grant and will expire on May 28, 2031.

These grants represent compensation to the option recipients for their respective service to the company as directors and officers of the company and as an incentive mechanism to foster the interest of such persons in the success of the company.

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.

We seek Safe Harbor.