Helium One Global Ltd Blocklisting Six Monthly Return

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 been increased since the date of the last return:		0 Ordinary Shares
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   

 

Contact

Helium One Global Ltd Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director	[phone]
Panmure Liberum Limited (Nominated Adviser and Joint Broker) Scott Mathieson Nikhil Varghese	[phone]
Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell	[phone]
Tavistock (Financial PR) Nick Elwes Tara Vivian-Neal	[phone]

 

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 1,664km² 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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