Helium One Global Ltd agreed the final conversion totalling £3,500,000 from investors at 0.218p and the allotment of 1,605,504,587 new ordinary shares, with shareholders’ approval. TVRs The funds went towards the company’s wholly owned helium project in the Southern Rukwa Basin in Tanzania and its 50% working interest in the Galactica-Pegasus project in Colorado, USA. Helium One has […]
Tag: Rukwa Basin – southern Tanzania
Helium One issues 700m shares to convert £1.7m
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 […]
Helium One on track to drill ITW-1 at Rukwa
Helium One Global Ltd has agreed the purchase of an electrical submersible pump and associated equipment to drill the Itumbula West-1 well in the southern Rukwa Basin, Tanzania. FLOW RATES The vendor is Cener Tech Group, part of the Chinese National Offshore Company (CNOOC). Helium One said that site civils work had started for water […]
Helium One issues 410.7m new shares for CLN
Helium One Global Ltd has issued 410,714,286 new ordinary shares after receiving conversion notices totalling £1,725,000, in relation to the July 2025 fundraise. TVRs The conversion price of 0.42p is a discount of approximately 10.6% to the closing mid-price of the company’s existing ordinary shares on 28 August. Following admission, Helium One’s issued ordinary share capital will comprise […]
Helium One issues 2m new shares for £1m
Helium One Global Ltd issued 199,720,388 new ordinary shares following conversion notices totalling £1 million from institutional investors, in accordance with the £10 million fundraise in August. TVRs The conversion price of 0.5007p represents an approximate 20% discount to the closing mid-price of the company’s existing ordinary shares on 15 August 2025. Following admission, Helium […]
Helium One raises £1m via retail offer
Helium One Global Ltd has raised a approximately £1 million from an oversubscribed retail offer for a total of 185,185,185 new ordinary shares at the issue price of 0.54 pence per share. TVRs The proceeds add to the £10m conditional fundraise on 18 July from three institutional investors. Following admission, the company’s issued ordinary share […]