CALGARY, Alberta, Oct. 06, 2025 (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 a major milestone with the completion of commissioning of its helium processing facility in the Mankota area, located at 1-2-4-9W3 (the “Soda Lake Facility”). “This is a pivotal moment for HEVI and our stakeholders,” said Jim Baker, Interim President and CEO of Helium ...

Core Viewpoint - Global Helium Corp. is moving forward with a proposed arrangement to be acquired by 2679158 Alberta Ltd., with a special resolution to be voted on by shareholders at an upcoming meeting on October 16, 2025 [1][8]. Group 1: Proposed Transaction Details - The Purchaser will acquire all issued and outstanding Common Shares for cash consideration of $0.05 per share, with options for shareholders holding over 250,000 shares to receive Purchaser Shares instead [2]. - Preferred Shares will also be acquired for $0.05 per share plus accrued unpaid dividends, with similar options for eligible shareholders [3]. - The Arrangement is subject to shareholder approval and is anticipated to be completed around October 24, 2025, pending the final court order [8]. Group 2: Meeting and Voting Information - The management information circular and related materials have been sent to shareholders, and the meeting will be held in Calgary [1][5]. - Shareholders wishing to elect to receive Purchaser Shares must complete a letter of transmittal by October 14, 2025 [4]. - Supporting Shareholders, holding approximately 52.5% of the shares, have agreed to vote in favor of the Arrangement Resolution [9]. Group 3: Communication and Delivery - Due to a national postal strike, the Company will provide the circular and related materials via email to non-registered shareholders upon request [6]. - Registered shareholders are advised to contact the Company for proxy forms to vote at the meeting [7].

CALGARY, Alberta, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Global Helium Corp. (“Global” or the “Company”) (CSE: HECO) and 2679158 Alberta Ltd. (the “Purchaser”) announce that, further to the press release dated July 16, 2025, the Company has confirmed that mailing of the management information circular (“Circular”) to holders (the “Shareholders”) of Class A Common Shares (“Common Shares”), Series A Convertible Preferred Shares and Series B Convertible Preferred Shares (the Series A Convertible Preferred Shares a ...

Core Viewpoint - Pulsar Helium Inc. is advancing its Topaz helium project in Minnesota, having secured a drilling contract with Timberline Drilling Inc. to drill up to ten wells, with operations expected to start in late September 2025. Recent flow testing results from the Jetstream 1 well indicate significant helium production potential, flowing over 1.3 million cubic feet per day under compression, highlighting the reservoir's exceptional capabilities [1][3][5]. Operational Update - The company has executed a Master Services Agreement with Timberline Drilling Inc. for a core drilling program at the Topaz project, targeting helium-bearing formations at depths of approximately 3,937 feet (1,200 meters) [4][5]. - Drilling is set to begin in late September 2025, with continuous operations planned to efficiently complete the program [5][6]. - The Jetstream 1 well achieved a peak gas flow rate of approximately 1.3 million cubic feet per day (MMcf/d) during flow testing, confirming a clean, helium-bearing gas stream with no formation water [5][10]. Drilling Program Details - The drilling program aims to delineate the extent and productivity of the helium reservoir at Topaz, with up to ten wells planned to provide flexibility in targeting optimal production areas [8]. - Pulsar has budgeted for the program and made an advance payment of US$70,000 for the blowout preventer to secure rig and crew availability [8]. - All necessary permits are in place for the initial three well locations [8]. Flow Test Results - Jetstream 1 was flow-tested with a peak gas flow rate of approximately 1.3 million cubic feet per day, significantly exceeding previous benchmarks [10][11]. - Jetstream 2 exhibited an initial gas flow of roughly 40–50 thousand cubic feet per day, with a strong initial shut-in pressure, indicating high reservoir potential despite some flow restrictions [12][14]. Strategic Partnerships - Pulsar is collaborating with Chart Industries to model production scenarios for helium and co-produced CO₂, utilizing data from Jetstream 1 to guide the design of gas processing and liquefaction equipment [11][12].

Core Viewpoint - Pulsar Helium Inc. is advancing its Topaz helium project in Minnesota, having secured a drilling contract with Timberline Drilling Inc. to drill up to ten wells, with operations expected to start in late September 2025. Recent flow testing results from the Jetstream 1 well indicate significant helium production potential, flowing over 1.3 million cubic feet per day under compression, highlighting the project's viability and the company's strategic direction towards helium production [1][3][10]. Drilling Program - The company has entered a Master Services Agreement with Timberline Drilling Inc. for a core drilling program at the Topaz project, targeting helium-bearing formations at depths of approximately 3,937 feet (1,200 meters) [4][8]. - Drilling is set to begin in late September 2025, with continuous operations planned to efficiently complete the program [5][8]. - The drilling program aims to delineate the extent and productivity of the helium reservoir, with up to ten wells providing flexibility to adjust locations based on results [8]. Flow Testing Results - Jetstream 1 well achieved a peak gas flow rate of approximately 1.3 million cubic feet per day (MMcf/d) under wellhead compression, confirming a clean, helium-bearing gas stream with no formation water [10][11]. - Jetstream 2 well exhibited an initial gas flow of roughly 40–50 thousand cubic feet per day (Mcf/d) and a high initial shut-in pressure, indicating strong reservoir potential despite some flow restrictions [12]. Strategic Partnerships - The company is collaborating with Chart Industries to model production scenarios for helium and co-produced CO₂, utilizing data from Jetstream 1 to guide the design of gas processing and liquefaction equipment [11][12]. Project Overview - The Topaz project is located in northern Minnesota, where Pulsar holds exclusive leases and is the first mover in the region, with helium concentrations identified significantly above the economic threshold [13][14].

Core Points - The company formerly known as Total Helium Ltd. will change its name to Altura Energy Corp. and implement a consolidation of its common shares at a ratio of ten pre-consolidation shares for one post-consolidation share, effective May 12, 2025 [1][2] - Following the consolidation, approximately 10,239,354 common shares will be issued and outstanding, and trading will commence under the new ticker symbol "ALTU" [2][1] - The company has 37,500,000 share purchase warrants outstanding, with specific details on the 2026 and 2028 warrants provided, including adjusted exercise prices and terms [4][9] Share Consolidation Details - The consolidation will result in every ten 2026 warrants being exercisable for one post-consolidation common share at an adjusted price of $20.00 per share, with the same number of warrants remaining outstanding [5][4] - The 2028 warrants will also adjust to allow every ten warrants to be exercisable for one post-consolidation common share at an adjusted price of $7.50 per share, with the number of outstanding warrants unchanged [9][4] Acceleration Clause - The original acceleration clause for the 2026 warrants has been adjusted, requiring a volume-weighted average trading price of $30.00 per post-consolidation common share for 20 consecutive trading days to trigger acceleration [6][5] - The company intends to amend the exercise price of the 2028 warrants to $0.25 per post-consolidation common share, subject to approval from warrant holders and the TSX Venture Exchange [10][9] Trading Information - The 2026 warrants will continue to be listed on the TSX Venture Exchange under the new ticker symbol "ALTU.WT" starting on the effective date [7][5] - The 2028 warrants are expected to remain delisted but will have a new CUSIP and ISIN [9][10]