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RNS Number : 3043F Helium One Global Ltd 23 September 2024
23 September 2024
Helium One Global Ltd
("Helium One" or "the Company")
Blocklisting Six Monthly Return
Name of applicant: Helium One Global Ltd
Name of scheme: Block Listing 1
Period of return: From: 23 March 2024 To: 23 September 2024
Balance of unallotted securities under scheme(s) from previous return: 31,022,104 Ordinary Shares
The amount by which the block scheme(s) has been increased, if the scheme has 0 Ordinary Shares
been increased since the date of the last return:
Number of securities issued/allotted under scheme(s) during period: 0 Ordinary Shares
Balance under scheme(s) not yet issued/allotted at end of period 31,022,104 Ordinary Shares
Number and class of securities originally listed and the date of admission 45,022,104 Ordinary Shares on 22 September 2023
Total number of securities in issue at the end of the period There were 5,905,710,763 Ordinary Shares in issue as at 23 September 2024
For further information please visit the Company's website: www.helium-one.com
(http://www.helium-one.com)
Contact
Helium One Global Ltd +44 20 7920 3150
Lorna Blaisse, CEO
Graham Jacobs, Finance and Commercial Director
Panmure Liberum Limited (Nominated Adviser and Joint Broker) +44 20 3100 2000
Scott Mathieson
Nikhil Varghese
Zeus Capital Limited (Joint Broker) +44 20 3829 5000
Simon Johnson
Louisa Waddell
Tavistock (Financial PR) +44 20 7920 3150
Nick Elwes
Tara Vivian-Neal
Notes to Editors
Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting
licences across three distinct project areas, with the potential to become a
strategic player in resolving a supply-constrained helium market.
The Rukwa, Balangida, and Eyasi projects are located within rift basins on the
margin of the Tanzanian Craton in the north and southwest of the country. The
assets lie near surface seeps with helium concentrations ranging up to 10.6%
helium by volume. All Helium One's licences are held on a 100% equity basis.
The Company's flagship southern Rukwa Project is located within the Rukwa Rift
Basin covering 1,664km(2) in south-west Tanzania. This project is considered
to be entering an appraisal stage following the success of the 2023/24
drilling campaign, which has proved an established helium system where the
Itumbula West-1 exploration well successfully flowed 4.7% helium to surface in
Q1 2024.
Following a successful operation to extend the depth of the well, and a
follow-on extended well test undertaken in July and August 2024, the Company
has now flowed significant quantities of helium to surface and is in the
process of filing a Mining Licence application with the Mining Commission of
the Tanzanian Government. Helium One is listed on the AIM market of the London
Stock Exchange with the ticker of HE1 and on the OTCQB in the United States
with the ticker HLOGF.
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