REG - Helix Exploration - Notice of AGM

Helix ExplorationAnnouncement

25/02/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250225:nRSY3502Ya&default-theme=true

RNS Number : 3502Y  Helix Exploration PLC  25 February 2025

 

 

25 February 2025

 

Helix Exploration PLC

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

 

Notice of AGM

 

Helix Exploration, the helium exploration and development company with
near-term production assets within the Montana Helium Fairway, announces that
a Notice of Annual General Meeting ("AGM") has been sent to shareholders of
the Company, convening a meeting to be held at the offices of Capital Market
Communications Limited ("Camarco")], 40 Strand, London, WC2N 5RW on 20 March
2025 at 14:00 GMT.

 

A copy of the notice of AGM is available to download from the Company's
website at: https://www.helixexploration.com/
(https://www.helixexploration.com/) .

 

AGM Webinar

 

To allow Shareholders the opportunity to follow the proceedings of the AGM
without attending in person, the Company will provide access online via the
Investor Meet Company ("IMC") platform.

 

Shareholders are invited to submit questions for the Board to consider.
Questions can be pre submitted via the IMC platform up until 09.00 the day
before the meeting and can be submitted at any time during the AGM itself.

 

Please note: Shareholders will not be able to vote online and are requested to
submit their votes via proxy as early as possible.

 

Shareholders that wish to attend the online AGM should register for the event
in advance by using the following link:

 

https://www.investormeetcompany.com/helix-exploration-plc/register-investor
(https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.investormeetcompany.com%2Fhelix-exploration-plc%2Fregister-investor&data=05%7C02%7Ctilly.butcher%40camarco.co.uk%7Cc9ead5f214f9425e3c2808dd50c3f4bb%7C77a5f6209d7747dba0cd64c70948d532%7C1%7C0%7C638755524788610571%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=TMc5gZBcj%2BGJ5i0qfHCHJ3U6SyrI3%2FpjY1EvPoYeowk%3D&reserved=0)

 

Investors who already follow the Company on the IMC platform will
automatically be invited.

 

 

Directors of the Company are responsible for the release of this announcement.

 

Enquiries

 

Helix Exploration

 Bo Sears       via Camarco
 David Minchin  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
 Spencer Mignot

 SI Capital - Joint Broker
 Nick Emerson               +44 (0)14 8341 3500
 Renato Rufus

 

 Tavira Securities - Joint Broker

 Chris Kipling

 Oliver Stansfield                 +44 (0)20 7100 5100

 Jonathan Evans

Camarco - Financial PR

 Emily Hall     +44 (0)20 3757 4980
 Tilly Butcher  helixexploration@camarco.co.uk (mailto:helixexploration@camarco.co.uk)

 Billy Clegg

 

 

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 raising £7.5 million from an offer book
of over £22 million.

 

The Company has drilled two wells on two assets in 2024.  Darwin #1 well at
Rudyard Project tested 236ft in the Souris and Red River formations, flowing
2,750 Mcf/day at 1.1% helium.  Rudyard field can support multiple production
wells and has potential to generate net revenue of $115 - $220 million over a
12 - 14 year life of field.

 

Clink #1 well at Ingomar Dome Project recovered gas samples from the Flathead
Formation assayed at 55.2% Hydrogen in gas sample isolated from drilling mud
and 2.5% helium in gas sample recovered from the reservoir.  Gas samples
demonstrate helium and hydrogen potential with additional stimulation required
to potentially generate commercial flow rates in Flathead and Charles
formations.

 

Helix Exploration is focussed on early production at the Rudyard Projects,
taking advantage of existing infrastructure and low-cost processing to target
first gas production in 2025.  Helix is committed to open and transparent
communication with investors and the wider market as the project progresses
through development into production.

 

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/) .

 

 

Caution regarding forward looking statements

 

Certain statements in this announcement, are, or may be deemed to be, forward
looking statements. Forward looking statements are identified by their use of
terms and phrases such as ''believe'', ''could'', "should" ''envisage'',
''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect",
''will'' or the negative of those, variations or comparable expressions,
including references to assumptions. These forward-looking statements are not
based on historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of operations,
performance, future capital and other expenditures (including the amount,
nature and sources of funding thereof), competitive advantages, business
prospects and opportunities. Such forward looking statements reflect the
Directors' current beliefs and assumptions and are based on information
currently available to the Directors.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NOATAMFTMTBTMBA