Helium Evolution Provides Update From North American Helium’s Fifth Farmout Well
2023年8月30日 - 8:00PM
Helium
Evolution Incorporated (TSXV:HEVI)
("
HEVI" or the "
Company"),
Canadian-based helium exploration company focused on developing
assets in southern Saskatchewan, today provides an update on the
fifth farmout well at 6-13-5-7W3 (“
Test Well Area
#2”), on farmout lands within the McCord block in
Saskatchewan.
Test Well Area #2 was drilled and fully funded
by HEVI’s farmout partner, North American Helium Inc.
(“NAH”), pursuant to a previously announced
farmout arrangement (the “Farmout”) (see news
releases dated October 21, 2022, and June 28, 2022). After reaching
total depth, NAH notified HEVI that Test Well Area #2 will be
abandoned.
Upcoming Drilling Catalysts and Key
Dates
- On or before
November 1, 2023: The Mankota location selected at
5-36-3-9W3 (“Test Well Area #1”) is scheduled to
be spud by NAH; and
- On or before March 31,
2024: The Fox location selected at 11-13-13-29W3
(“Test Well #4”) is scheduled to be spud by
NAH.
NAH is responsible for 100% of the drilling
costs for Test Well Area #1 and Test Well #4, while HEVI retains a
20% working interest in the wells, supporting the Company’s
continued financial flexibility and capital conservation.
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 the Company’s
current corporate presentation, and are invited to follow the
Company on LinkedIn and Twitter 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. In
addition to recent media articles, HEVI maintains a profile on
the Investing News Network platform, where further
information, editorial pieces and industry reviews are
available.
About Helium Evolution Incorporated
HEVI 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 5.6 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.
For further information, please
contact:
Greg Robb, President &
CEOKristi Kunec, CFO |
Phone: 1-587-330-2459
Email:
info@heliumevolution.caWeb: https://www.heliumevolution.ca/ |
|
Cindy Gray, Investor
Relations |
info@5qir.com | 403-705-5076 |
|
|
Statement Regarding Forward-Looking
Information
This news release contains statements that
constitute "forward-looking statements." Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements,
or developments in the industry to differ materially from the
anticipated results, performance or achievements expressed or
implied by such forward-looking statements. Forward-looking
statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects,"
"plans," "anticipates," "believes," "intends," "estimates,"
"projects," "potential" and similar expressions, or that events or
conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this document
include statements set forth under the heading "Upcoming Drilling
Catalysts and Key Dates", the Company's expectations regarding the
Company becoming a leading supplier of sustainably-produced helium,
the Company's beliefs regarding growth of the global helium market
and other statements that are not historical facts. By their
nature, forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors and risks include, among others: the
Company or NAH may choose to defer, accelerate or abandon its
exploration plans; the drilling date for wells identified in this
news release; the Company and NAH may amend the Farmout; new laws
or regulations and/or unforeseen events could adversely affect the
Company’s business and results of operations; stock markets have
experienced volatility that often has been unrelated to the
performance of companies and such volatility may adversely affect
the price of the Company's securities regardless of its operating
performance risks generally associated with the exploration for and
production of resources; the uncertainty of estimates and
projections relating to expenses; constraint in the availability of
services; commodity price and exchange rate fluctuations; adverse
weather or break-up conditions; and uncertainties resulting from
potential delays or changes in plans with respect to exploration or
development projects or capital expenditures.
When relying on forward-looking statements and
information to make decisions, investors and others should
carefully consider the foregoing factors and risks and other
uncertainties and potential events. The Company has assumed that
the material factors referred to in the previous paragraphs will
not cause such forward-looking statements and information to differ
materially from actual results or events. However, the list of
these factors is not exhaustive and is subject to change and there
can be no assurance that such assumptions will reflect the actual
outcome of such items or factors. The reader is cautioned not to
place undue reliance on any forward-looking information. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement. The forward-looking statements
contained in this news release are made as of the date of this news
release. The Company does not intend, and expressly disclaims any
intention or obligation to, update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except as required by law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Helium Evolution (TSXV:HEVI)
過去 株価チャート
から 5 2024 まで 6 2024
Helium Evolution (TSXV:HEVI)
過去 株価チャート
から 6 2023 まで 6 2024