REG - Helix Exploration - Exercise of Warrants

Helix ExplorationAnnouncement

Tue 07:00

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RNS Number : 9389W  Helix Exploration PLC  17 March 2026

17 March 2026

Helix Exploration PLC

 

("Helix Exploration" or "Helix" or the "Company")

 

Exercise of Warrants

 

Helix Exploration PLC (AIM: HEX, OTCQB: HEXFF), the helium exploration and
development company advancing the Rudyard Helium Project ("Rudyard") in
northern Montana, announces that it has received notification for the exercise
of warrants over 75,000 new ordinary shares in the Company at an exercise
price of 10 pence per share (the "Warrant Shares"), providing the Company with
proceeds of £7,500.

 

Admission

( )

Application will be made to the London Stock Exchange for the Warrant Shares
to be admitted to trading on AIM ("Admission"). It is expected that Admission
will become effective and that dealings in the Warrant Shares on AIM will
commence on or around 20 March 2026. The Warrant Shares will rank pari passu
with the existing ordinary shares.

 

Total Voting Rights

 

For the purpose of the Disclosure and Transparency Rules, following Admission,
the enlarged issued share capital of the Company will comprise 195,502,400
ordinary shares. The Company does not hold any shares in treasury. The above
figure may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company, under the Disclosure and
Transparency Rules.

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation, and the Directors of the Company are responsible for
the release of this announcement.

 

Enquiries

Helix Exploration

 Bo Sears           via Camarco
 Keith Spickelmier  info@helixexploration.com (mailto:info@helixexploration.com)

Cairn - Nominated Adviser

 Liam Murray          +44 (0)20 7213 0880
 Ludovico Lazzaretti
 James Western

 

Hannam & Partners - Joint Broker

 Neil Passmore  +44 (0)20 7907 8502
 Leif Powis

Camarco - Financial PR

 Tilly Butcher  +44 (0)20 3757 4980

 Billy Clegg    helixexploration@camarco.co.uk (mailto:helixexploration@camarco.co.uk)

 

 

 

Notes to Editors

Helix Exploration is a helium exploration company focused on the exploration
and development of helium deposits within the 'Montana Helium Fairway'.
Founded by industry experts with extensive experience of helium systems in the
US, the Company listed in April 2024.

Helix is focused on production at its Rudyard Project in northern Montana,
taking advantage of existing infrastructure and low-cost processing. The
Company has four production wells targeting up to 236ft Helium / Nitrogen gas
in the Souris and Red River formations, flowing up to 3,800 Mcf/day at 1.2%
helium. Rudyard field can support multiple production wells and has potential
to generate net revenue of $115 - $220 million over a 12.5 year life of field.

Helix is committed to open and transparent communication with investors and
the wider market as the project progresses through development into
production.

"Our approach is simple: build scale efficiently, develop resources
strategically, and deliver near-term cash flow." CEO - Bo Sears

The Company's Admission Document, and other information required pursuant to
AIM Rule 26, is available on the Company's website
at https://www.helixexploration.com/ (https://www.helixexploration.com/) .

 

 

 

 

 

 

 

 

 

 

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