Mr. Greg Robb reports

HELIUM EVOLUTION CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT

Helium Evolution Inc. has closed the second tranche of the strategic private placement and an outsider private placement, as announced on March 10, 2025.

Pursuant to the private placement, Helium Evolution issued 9,217,000 units for gross proceeds of $1.6-million. Each unit will comprise one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share of the company at a price of 27 cents for a period of one year from the closing date of April 4, 2025, with an acceleration feature if the closing price over a 30-day period remains at or above 51 cents per common share at any time following the six-month anniversary of the closing date.

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 an updated corporate presentation, and are invited to follow the company on LinkedIn and X for continuing 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.

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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