Helium Evolution FY26 Q2 net loss widens to C$717,000; cash rises to C$2 million

Reuters2026/08/26 10:56

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Helium Evolution posted a net loss of CAD 717,000 for the three months ended June 30, 2026, widening from CAD 196,000.
Six-month net loss widened to CAD 1.15 million from CAD 871,000.
Cash and cash equivalents rose to CAD 2 million at June 30, 2026 from CAD 1.32 million a year earlier.
Working capital increased to CAD 2.04 million from CAD 1.1 million, while total assets climbed to CAD 19.47 million from CAD 14.09 million.
Closed a CAD 25 million gross private placement on Aug. 24, including CAD 23.7 million from new international investors, to fund Saskatchewan drilling and infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Helium Evolution Incorporated published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608251810PRIMZONEFULLFEED9816104) on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Helium Evolution FY26 Q2 net loss widens to C$717,000; cash rises to C$2 million

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