Helium Evolution Appoints Malcolm Adams as President, CEO and Director

CALGARY, Alberta, Jan. 26, 2026 (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 the appointment of Malcolm Adams as President, Chief Executive Officer and Director, effective February 1, 2026.

Mr. Adams brings over 30 years of experience in energy, private equity and technology sectors. He has a strong track record of building high-performing teams, raising capital and executing accretive mergers and acquisitions in both private and public companies. Mr. Adams combines deep engineering expertise with private-equity discipline, enabling him to convert complex ideas into clear, scalable business strategies.

Throughout his career, Mr. Adams has demonstrated strong leadership in capital allocation, corporate governance, and stakeholder engagement, with extensive experience working alongside boards, institutional investors, and strategic partners. His background positions him well to advance the Company’s development strategy and unlock long-term shareholder value.

Mr. Adams holds a Bachelor of Science in Chemical Engineering from the University of New Brunswick and is a registered professional engineer. He is also a member of the Institute of Corporate Directors and has demonstrated a proven ability to lead and grow technical and operational teams.

“I'm excited to join HEVI at this pivotal time. The company has assembled something unique - a massive Saskatchewan land position in a producing helium basin, a strong partnership with Canada's largest helium producer, North American Helium, and a strategic shareholder in ENEOS Xplora USA,” said Malcolm Adams, incoming President and Chief Executive Officer of HEVI. “Helium is a critical element for Canada's healthcare, technology, and energy security, and HEVI is well-positioned at exactly the right time. I'm eager to work with the board and our talented management team to realize HEVI's full potential as a strategic helium supplier for the world.”

“Malcolm is an exceptional addition to HEVI’s leadership team,” said Jim Baker, Chairman of the Board of HEVI and outgoing Interim President and CEO. “He brings disciplined capital markets experience, strong technical capability and operational knowledge, and a clear strategic vision that aligns well with the Company’s focus on advancing its helium assets in southern Saskatchewan. The Board is confident that Malcolm’s leadership will be instrumental as Helium Evolution moves into its next phase of growth and development.”

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 ongoing 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 Incorporated

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. HEVI’s management and board are executing a differentiated strategy to become a leading supplier of sustainably-produced helium for the growing global helium market.

For further information, please contact:

Statement Regarding Forward-Looking Information

This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

Forward-looking statements in this document include statements regarding the Company becoming a leading supplier of sustainably-produced helium, benefits of leadership and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company or its partners may abandon its drilling and future development and optimization plans; no material adverse events will impact the Company or its partners; there may not be long-term growth; new laws or regulations and/or unforeseen events could adversely affect the Company’s business and results of operations; stock markets have experienced volatility that often has been unrelated to the performance of companies and such volatility may adversely affect the price of the Company's securities regardless of its operating performance; risks generally associated with the exploration for and production of resources; the uncertainty of estimates and projections relating to expenses and the Company’s working capital position; constraint in the availability of services; commodity price and exchange rate fluctuations; adverse weather or break-up conditions; and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and risks other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.