Helium Evolution (HEVI) closed Q1'25 with C$2mm working capital and has since raised a further C$3.4mm in equity, funding an active drilling campaign in the Mankota area with partner North American Helium.
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New Zealand’s Government signalled plans to establish a dedicated regulatory framework for natural hydrogen extraction and utilisation, alongside a NZ$45mm (~US$27mm) hydrogen funding package.
Noble Helium executed a binding agreement to acquire 100% of Earth Source Hydrogen Limited (ESH) for A$2.5mm (US$1.8mm), gaining access to helium exploration acreage in Western Australia’s Southern Ca
Helium Evolution received a two-week extension from the TSXV for price protection on its previously announced C$25mm private placement, allowing additional time for the exchange’s review and approval