Helium One Global Ltd Director Dealings (6843K)

TIDMHE1

RNS Number : 6843K

Helium One Global Ltd

03 September 2021

3 September 2021

Helium One Global Ltd

("Helium One" or "the Company")

Director Dealings

Helium One (AIM: HE1) announces that it was notified on 2 September 2021 that Ian Stalker, Non-Executive Chairman of the Company, has purchased, on 2 September 2021, 243,900 ordinary shares in the Company at a price of 8.3p per share and that David Minchin, CEO of Helium One, has also purchased on 1 September 2021, 110,000 ordinary shares at 9p per share. Following these purchases their total beneficial ownerships in the Company are respectively 10,891,343 (1.77%) and 210,000 (0.03%) ordinary shares .

For further information please visit the Company's website: www.helium-one.com

Contact

 
 Helium One Global Ltd 
  David Minchin, CEO                  [phone] 
 
 Beaumont Cornish Ltd (Nominated 
  Adviser) 
  James Biddle 
  Roland Cornish                      [phone] 
 
 Canaccord Genuity Limited (Joint 
  Broker) 
  Adam James                          [phone] 
 
 Peterhouse Capital Limited (Joint 
  Broker) 
  Lucy Williams                       [phone] 
 
 Tavistock (Financial PR) 
  Nick Elwes 
  Tara Vivian-Neal                    [phone] 
 

Ian Stalker

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Ian Stalker 
     --------------------------  ----------------------------------- 
 2    Reason for notification 
     --------------------------------------------------------------- 
 a)   Position / status           Non-Executive Chairman 
     --------------------------  ----------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  ----------------------------------- 
 3    Details of t he issu er, emission allow a n ce m a r 
       k et participan t, au ct ion plat for m, au ction eer 
       or auc tion monitor 
     --------------------------------------------------------------- 
 a)   Name                        Helium One Global Limited 
     --------------------------  ----------------------------------- 
 b)   LEI                         213800J96OENDQKNQZ60 
     --------------------------  ----------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     --------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of nil par value 
       financial instrument,       each in Helium One Global Limited 
       t ype of instrument         ISIN VGG4392T1075 
       I d entification 
       code 
     --------------------------  ----------------------------------- 
      Nature of the transaction   *    Purchase of shares 
 
     --------------------------  ----------------------------------- 
 c)   Price(s) and volumes(s)       Price(s)   Volumes(s) 
                                     8.3p       243,900 
                                               ----------- 
     --------------------------  ----------------------------------- 
 d)   Aggregated information      n/a 
     --------------------------  ----------------------------------- 
 e)   Date of the transaction     2 September 2021 
     --------------------------  ----------------------------------- 
 f)   Place of the transaction    LSX 
     --------------------------  ----------------------------------- 
 

David Minchin

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        David Minchin 
     --------------------------  ----------------------------------- 
 2    Reason for notification 
     --------------------------------------------------------------- 
 a)   Position / status           CEO 
     --------------------------  ----------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  ----------------------------------- 
 3    Details of t he issu er, emission allow a n ce m a r 
       k et participan t, au ct ion plat for m, au ction eer 
       or auc tion monitor 
     --------------------------------------------------------------- 
 a)   Name                        Helium One Global Limited 
     --------------------------  ----------------------------------- 
 b)   LEI                         213800J96OENDQKNQZ60 
     --------------------------  ----------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     --------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of nil par value 
       financial instrument,       each in Helium One Global Limited 
       t ype of instrument         ISIN VGG4392T1075 
       I d entification 
       code 
     --------------------------  ----------------------------------- 
      Nature of the transaction   *    Purchase of shares 
 
     --------------------------  ----------------------------------- 
 c)   Price(s) and volumes(s)       Price(s)   Volumes(s) 
                                     9.0p       110,000 
                                               ----------- 
     --------------------------  ----------------------------------- 
 d)   Aggregated information      n/a 
     --------------------------  ----------------------------------- 
 e)   Date of the transaction     1 September 2021 
     --------------------------  ----------------------------------- 
 f)   Place of the transaction    LSX 
     --------------------------  ----------------------------------- 
 

Notes to Editors

Helium One has identified a globally unique, large-scale, high-grade, primary helium project in Tanzania with the potential to become a strategic asset in resolving a supply-constrained market.

Helium One's assets are located within the rift basins on the margin of the Tanzanian Craton. Through Helium One's subsidiary companies Helium One (Gogota) Limited, Helium One (Stahamili) Limited and Helium One (Njozi) Limited, the Company has secured 18 Prospecting Licences covering more than 4,512 km(2) in three distinct project areas: the Rukwa, Balangida and Eyasi projects. These are located near surface seeps with helium concentrations ranging up to 10.5% He by volume.

The Rukwa Project is located within the Rukwa Rift Basin covering 3,448km(2) in south-west Tanzania. The 2021 drilling campaign has significantly de-risked the basin with identification of a working helium system including demonstrated seal, reservoir, trapping geometries and charge mechanism away from known surface seeps.

SRK Consulting have reported a 'Best Estimate' Un-risked Prospective Resource of 138 Bcf (2U/P50) for the Company's Rukwa Project, meaning that the project has potentially strategic global implications with the ability to significantly resolve helium supply/demand issues.

All Helium One's licences are held on a 100% equity basis and are in close proximity to the required infrastructure.

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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September 03, 2021 04:23 ET (08:23 GMT)