23 September 2024
Helium One Global Ltd
("Helium One" or "the Company")
Blocklisting Six Monthly Return
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Name of applicant: |
Helium One Global Ltd |
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Name of scheme: |
Block Listing 1 |
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Period of return: |
From: |
23 March 2024 |
To: |
23 September 2024 |
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Balance of unallotted securities under scheme(s) from previous return: |
31,022,104 Ordinary Shares |
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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 |
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Number of securities issued/allotted under scheme(s) during period: |
0 Ordinary Shares |
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Balance under scheme(s) not yet issued/allotted at end of period |
31,022,104 Ordinary Shares
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Number and class of securities originally listed and the date of admission |
45,022,104 Ordinary Shares on 22 September 2023
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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 |
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For further information please visit the Company's website: www.helium-one.com
Contact
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Helium One Global Ltd Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director |
+44 20 7920 3150 |
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Panmure Liberum Limited (Nominated Adviser and Joint Broker) Scott Mathieson Nikhil Varghese |
+44 20 3100 2000 |
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Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell |
+44 20 3829 5000
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Tavistock (Financial PR) Nick Elwes Tara Vivian-Neal |
+44 20 7920 3150
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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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