Helium One Global Ltd raised £3 million via a placing to drill more wells in Colorado and pay a mining licence fee in Tanzania.
Tag: Helium One Global Ltd
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Helium One JV agrees initial off-take for Galactica
Helium One Global Ltd joint venture has agreed an initial off-take agreement for output from the Pinon Canyon processing plant at the Galactica project in Las Animas County, Colorado, USA. RUKWA Partner and operator Blue Star Helium signed the three-month transaction with a “major US industrial gases purchaser” for the plant’s early production. Negotiations continue […]
Helium One appoints non-executive chairman
Helium One Global Ltd has appointed Clive Carver as non-executive chairman, with immediate effect. Mr Carver replaces James Smith who decided to step down from the role. Mr Smith has been board of Helium One since its IPO in 2020 as a non-executive director, and as non-executive chairman since August 2023. He oversaw the company’s […]
Helium One raises £1.5m
Helium One Global Ltd has raised £1.5 million through an oversubscribed retail offer for 250m new ordinary shares, at 0.6 pence per share. TVRs The company said it increased its target figure of £1m following strong support from its retail shareholders. The sum adds to the £3.5m raised by way of a direct subscription for […]
Helium One raises £3.5m
Helium One Global Ltd has raised £3.5 million via a direct subscription of 583,333,334 new ordinary shares, at 0.6 pence per new ordinary share, by institutional investors. PROCEEDS The issue price represents a discount of 17.6% to the closing mid-market price of the company’s existing ordinary shares on 25 March 2026. The company also intends to raise […]
Helium One starts testing ESP at Itumbula well
Helium One Global Ltd has started testing the electrical submersible pump in the Itumbula West-1 well at the southern Rukwa project in southwest Tanzania. ACTIVATED The project has progressed from exploration during 2023-2024 and an extended well test to the current appraisal and development phase. “The ESP assembly is running in hole and will be […]