Helium Evolution Announces Farmout Well Spud at Fox, Six Months Prior to Deadline

CALGARY, Alberta, Sept. 19, 2023 (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 that its farm-in partner, North American Helium Inc. (“NAH”), has spud the previously announced well located at 11-13-13-29W3 (“Test Well #4”) on farmout lands within Block 3 at Fox in Saskatchewan, pursuant to the farm-out agreement announced on October 21, 2022. Test Well #4 was originally scheduled to be spud before March 31, 2024 and today’s spud date represents an acceleration of six months.

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