Helium One Global Ltd has issued 702,127,658 new ordinary shares after receiving conversion notice from investors, for a total £1,650,000.
TVRs
The conversion is at a price of 0.235p, representing a discount of approximately 21.7%.
Following admission, the company’s issued ordinary share capital will comprise 7,716,654,294 ordinary shares, with one voting right each.
Helium One holds no ordinary shares in treasury.
The company holds helium exploration, development and production assets in the southern Rukwa Basin, Tanzania and a joint venture in Colorado, USA.