Developing Canada's Critical Helium Supply
The Largest Helium Land Position in North America
Over 5 million acres of helium permits in Southern Saskatchewan, six discoveries and counting, and a partnership with industry leader North American Helium. Helium Evolution is building Canada's critical helium supply.
Learn More →"Helium cannot be synthesized and has no substitutes."
Critical Mineral
Why Helium Matters
2nd
most abundant element
In the universe after hydrogen, and the most stable of all elements
-269C
inert gas
An inert gas all the way down to near absolute zero, with no substitutes
0
substitutes
Helium cannot be synthesized and has no known substitutes for its critical applications
11.2%
CAGR growth
Global helium market expected to grow 11.2% annually, driven by technology and healthcare demand
End Markets
Where Helium Goes
From every MRI machine on the planet to every rocket that leaves the launch pad, helium is a non-negotiable input. Demand is expected to substantially outpace global GDP growth.
Technology Manufacturing
Helium's high thermal conductivity controls silicon temperatures during chip manufacturing and semiconductor miniaturization, making it essential to the global electronics supply chain.
Semiconductor manufacturing, microchip production, LCD panels, fiber optic cables
Healthcare
MRI machines require liquid helium to cool their superconducting magnets. Helium-ion microscopes, laser eye surgery, and cryogenic applications all depend on a reliable helium supply.
MRI machines, helium-ion microscopes, laser eye surgery, cryogenics
Aerospace & Defense
Helium is used in fuel purging systems for space exploration, defense guidance systems, and rocket guidance systems.
Rocket fuel purging, defense guidance systems, space exploration
Industrial & Research
Helium is used in welding shield masks, gas leak detection, nuclear reactor coolant, and crystal growth applications.
Welding shields, gas leak detection, nuclear reactor coolant, crystal growth
Projects
Saskatchewan Helium Fairway
HEVI's massive land position is concentrated in a historically helium-rich area of Southern Saskatchewan, where radioactive decay of uranium in basement rocks has produced significant helium reserves in the Basal Cambrian Sandstone.
Mankota Development
DevelopmentHEVI's flagship area, adjacent to NAH's producing Mankota pool. Two established helium plays in the Basal Sand Unit and Earlie Sandstone. Soda Lake processing facility (20% WI) completed for quick tie-in.
Glenbain
ExplorationInternal interpretation suggests targets display similar characteristics to the NAH Cadillac producing pool. Thick middle deadwood with pay zone over 40 metres.
Fox / Hatton
ExplorationTrue wildcat well, the first drilled in this area in roughly 70 years. Encountered a thick basal sandstone of 58 metres. Intermediate cased for potential re-entry.
Fox / Abbey
Target GenerationArea becoming increasingly prospective given recent wells drilled on neighbouring land. High helium content of up to 2% with numerous potential targets based on historical Sawatsky anomalies.
Flagship Area
Mankota Development
HEVI's Mankota area is adjacent to North American Helium's producing Mankota pool, with approximately 40,000 acres of highly prospective helium trend pooled between the two companies.
With six discoveries, two established helium plays, a completed processing facility, and a 170 km2 3D seismic program interpreted in 2026, Mankota is positioned to transition from exploration to production.
Strategic Partnership
North American Helium
HEVI's farmout agreement with North American Helium (NAH) provides access to the continent's leading helium operator, proven processing infrastructure, and a partner who is already producing helium from adjacent lands.
Proven Operator
NAH is the largest helium producer in Canada, with producing wells and processing infrastructure already operational in the Mankota area.
Shared Infrastructure
Soda Lake processing facility (HEVI 20% WI) is completed, with a second facility licensed, enabling rapid tie-in of new discoveries.
De-Risked Exploration
NAH's farmout covers drilling costs on joint lands, de-risking HEVI's exploration program while maintaining 49% working interest in discoveries.
Milestones
Growth Trajectory
H2 2020
Technical Team Established
Assembled team and identified areas of interest in Southern Saskatchewan
Q1 2022
Commenced Trading on TSXV
HEVI shares began trading under symbol 'HEVI' on March 30, 2022
Q2 2022
NAH Farmout Agreement
Announced financing and farmout with North American Helium
Q4 2023
First Helium Discovery
Confirmed first joint helium discovery with partner NAH at well 2-31
2024-2025
Five Additional Discoveries
Expanded discovery count to six across HEVI lands in the Mankota area
Q1 2026
3D Seismic Program
170 km2 3D seismic shoot completed in the Mankota development area
Team
200+ Years of Resource Development Experience
A management team with proven acumen in production engineering, geology, land acquisition, and creating value for shareholders by transforming resources.
Malcolm Adams
President & CEO
Patrick Mills
Chief Operating Officer
Kristi Kunec
Chief Financial Officer
John Kanderka
VP, Corporate Development
Board Highlights
James P. Baker
Board Chair
40+ years of resource development experience in Saskatchewan and Alberta
Brad Wall
Director
Former Premier of Saskatchewan, led the province to record economic growth
Philip Hughes
Director
35 years in Canada's energy sector, former CEO of multiple Fortis Inc. subsidiaries
Why Helium Evolution
Join the Evolution
Largest helium land position in North America among publicly traded companies, with over 5 million acres
Six helium discoveries in Southern Saskatchewan, with the Mankota area advancing toward production
Partnership with North American Helium (NAH), an industry leader in helium production and operations
Soda Lake processing facility (20% WI) completed, enabling quick tie-in of future discoveries
Helium classified as a critical mineral by Canada, with no substitutes and growing global demand
Experienced management team with 200+ years of combined resource development expertise
Board includes Brad Wall, former Premier of Saskatchewan, providing strategic policy insight
Multiple exploration areas across the Saskatchewan helium fairway with proven 2.0% helium content
Helium Evolution
1-587-330-2459