REG - Helium One Global Ld - Confirmation of NED Appointment and Board Change

Helium One GlobalAnnouncement

Wed 07:02

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RNS Number : 0799T  Helium One Global Ltd  30 July 2025

 

 

30 July 2025

Helium One Global Ltd

("Helium One" or "the Company")

 

Confirmation of Non-Executive Director Appointment and Board Change

 

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania with a
50% working interest in the Galactica-Pegasus helium development project
in Colorado, USA is pleased to announce that further to its announcement on 3
July 2025, which disclosed Mr Nishant Dighe would join the Board as a
Non-Executive Director, the requisite regulatory due diligence has now been
completed and accordingly Mr Dighe has joined the Board with immediate effect.

Further information in accordance with Rule 17 and AIM Rules Schedule 2(g)
disclosures relating to Mr Nishant Dighe is set out at the end of this
announcement.

In addition, Helium One Global are also pleased to announce that Sarah Cope,
currently the Company's Senior Independent Non-Executive Director, is moving
into the Executive role of Head of Governance and Compliance. Sarah will
remain on the board in her new role and is an experienced Director with over
20 years of experience in investment banking and as Nomad / Broker at Cantor
Fitzgerald, RFC Ambrian, FinnCap Ltd and RBC Capital Markets. Sarah has been a
member of the Board of Helium One since the Company's admission to AIM
in December 2020.

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

 

 

AIM Rules Schedule 2(g) disclosures for Nishant Dighe

Mr Nishant Dighe holds no ordinary shares of nil par value each in the Company

Current directorships and partnerships:

-      Cecilia Properties Ltd

-      Petroleum Analytics Limited

Past directorships and partnerships held within the last 5 years:

-      Rak Gas LLC

-      Rak LPG LLC

-      Gulf Rak Oil LLC

There are no further disclosures required in accordance with Rule 17 or
Schedule 2(g) of the AIM Rules.

 

Notes to Editors

Helium One Global, the primary helium explorer in Tanzania with a 50% working
interest in the Galactica-Pegasus helium development project in Colorado, USA.
The Company holds helium licenses within two distinct helium project areas,
across two continents. With an expanding global footprint, the company has the
potential to become a strategic player in resolving a supply-constrained
helium market.

The Company's flagship southern Rukwa Project is located within the southern
Rukwa Rift Basin in south-west Tanzania.  This project entering a full
appraisal and development stage following the success of the 2023/24
exploration drilling campaign, which proved a helium discovery at Itumbula
West-1 and, following an extended well test ("EWT"), successfully flowed 5.5%
helium continually to surface in Q3 2024.

Following the success of the EWT, the Company filed a Mining Licence ("ML")
application with the Tanzania Mining Commission in September 2024. The
480km(2) ML has now been offered to the Company and was officially accepted in
March 2025.

The Company also owns a 50% working interest in the Galactica-Pegasus helium
development project in Las Animas County, Colorado, USA. This project is
operated by Blue Star Helium Ltd (ASX: BNL) and has successfully completed a
six well development drilling campaign in H1 2025. The completion of the
development programme is a key component of the broader Galactica-Pegasus
development strategy; aimed at progressing the helium and CO(2) discoveries to
near-term commercial production.

This programme has seen a systematic approach to developing the extensive
Lyons Formation reservoir. The programme has delivered encouraging results, in
line with expectations, consistently encountering good helium (up to 3.3% He)
and CO(2) concentrations in the target formation and demonstrating promising
flow potential. The next steps will see the Galactica wells tied into initial
production in Q4 2025.

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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