Helium One Global Ltd raised ÂŁ3 million via a placing to drill more wells in Colorado and pay a mining licence fee in Tanzania.
Tag: Rukwa Basin – southern Tanzania
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 ÂŁ1.5m
Helium One Global Ltd has raised ÂŁ1.5 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 ÂŁ1m following strong support from its retail shareholders. The sum adds to the ÂŁ3.5m raised by way of a direct subscription for […]
Helium One raises ÂŁ3.5m
Helium One Global Ltd has raised ÂŁ3.5 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 […]
Helium One allots 1.6bn shares in final CLN
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 […]