Helium Evolution Incorporated (TSXV:HEVI) announced the filing of its Q3 financial statements for the three and nine months ended September 30, 2025. The company reported a net loss of $1,764 for the quarter and $2,635 for the nine months. Cash, cash equivalents, and restricted cash were $8,565. Working capital was at a negative position of $1,014. The company also mentioned the conversion of a convertible note into common shares to bring the working capital back to a positive position.

During the third quarter of 2025, HEVI achieved significant milestones, including securing an $8.3 million convertible note for funding and commencing production at the Soda Lake Facility. The company remains focused on expanding its production base in southern Saskatchewan. HEVI aims to become a leading supplier of sustainably-produced helium while creating value for shareholders.

For more information on Helium Evolution, interested parties can visit the company’s website and follow them on LinkedIn and X for updates on corporate developments and the helium industry. Helium Evolution is focused on developing assets in southern Saskatchewan and aims to become a key player in the North American helium industry. It holds the largest helium land rights position in North America.

Read more at GlobeNewswire: Helium Evolution Announces Filing of Third Quarter 2025