Helium One Global Ltd received £44,311 following notices to exercise warrants over a total 1,560,230 ordinary shares. Following admission, the company’s issued share capital will consist of 601,322,295 ordinary shares, with voting rights. Helium One holds no ordinary shares in treasury.
Tag: Helium One Global Ltd
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Helium One raises £10m
Helium One Global Ltd has raised £10 million via a “significantly oversubscribed” subscription and placing of 100m ordinary shares each at 10p, representing a 14.5% discount. Proceeds will be used to continue the fast-track development programme of the Rukwa project in Tanzania. The fundraise involved institutional and other investors while Helium One directors participated in the […]
Helium One quickens pace with £6.5 million cash
Helium One Global Ltd recorded a significant increase in cash for its Rukwa exploration and development project in Tanzania. In its unaudited interim results for the six months ended 31 December 2020, the company reported a net cash balance of $6,584,886 compared with $577,997 for the same period in 2019. An oversubscribed fundraise resulted in […]
Helium One appoints Mitchell Drilling for Rukwa
Helium One Global Ltd has appointed Mitchell Drilling Ltd as drilling contractor for the first three-well exploration programme at its 100% owned Rukwa project in Tanzania. FAST TRACK The Australian operator, with more than 50 years’ experience and 115 rigs globally, will mobilise a drill rig already within Tanzania before starting work in mid-May. The company has the option […]
Helium One gathers data for 2021 drill campaign
Helium One Global Ltd has started the acquisition of seismic data and the mobilisation of vibroseis trucks and geophones at its 100% owned Rukwa project in Tanzania. The company will focus on 50km of infill 2D seismic data targeting multiple trapping styles. Interpreted seismic data will define optimal well locations and reduce risk in drill […]
Helium One appoints Lorna Blaisse as principal geologist
Helium One Group Ltd has appointed Lorna Blaisse as principal geologist. Ms Blaisse is a skilled petroleum geologist with 15 years’ experience in exploration and appraisal across Africa. She has direct experience of rift basin geology, conducting work in the Lake Albert Rift Basin in Uganda, as well as operational experience managing exploration campaigns in […]