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RNS Number : 4772U Helium One Global Ltd 01 July 2024
1 July 2024
Helium One Global Ltd
("Helium One" or the "Company")
Nominated Adviser and Joint Broker
Helium One Global (AIM: HE1), the primary helium explorer, announces that,
following the completion of the all-share merger between Liberum Capital
Limited and Panmure Gordon Group Limited, the Company has changed its
Nominated Adviser and Joint Broker to Panmure Liberum Limited with immediate
effect.
For more information please contact:
Helium One Global Ltd +44 20 7920 3150
Lorna Blaisse, CEO
Panmure Liberum Limited (Nominated Adviser and Joint Broker) +44 20 3100 2000
Scott Mathieson
Nikhil Varghese
Anake Singh
Zeus Capital Limited (Joint Broker) +44 20 3829 5900
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 1,900km(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. Additional followon leads and prospects are defined by subsurface
database including multispectral satellite spectroscopy, airborne gravity
gradiometry, 2D seismic data, and QEMSCAN analysis.
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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