Helium One Global Ltd today began drilling the Tai-3 well for 1,100m at the Rukwa project in southwest Tanzania. EVALUATION The company is drilling ahead to section total depth before running the 20″ conductor, which prevents unconsolidated rock entering the well before drilling the 17.5″ hole section. Gas shows will be measured using Geolog’s mudlogging […]
Tag: Helium One Global Ltd
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Helium One applies for 45m shares to trading
Helium One Global Ltd has applied for admission to trading 45,022,104 ordinary shares of no par value each in the capital of the company. The company said it would issue new ordinary shares “from time to time to satisfy certain options and warrants issued to the company’s directors, management, staff and other various stakeholders”. The […]
Helium One appoints Graham Jacobs as board director
Helium One Global Ltd has appointed financial and commercial director Graham Jacobs as a board director with immediate effect. Mr Jacobs is an experienced financial and commercial executive with more than 30 years’ experience in the natural resources sector. He has gained extensive expertise in the oil and gas industry having held senior positions at […]
Helium One to issue total 33.75m share options
Helium One Global Ltd has resolved to issue a total 33,750,000 options to directors and management to subscribe for ordinary shares. DIRECTORS The options are subject to shareholder approval granting the directors authority to issue shares for cash. The options will vest in three equal tranches over three years beginning 12 months from the date […]
Helium One issues one million shares in options exercise
Helium One Global Ltd received notice to exercise options over a total one million ordinary shares in the company. Following admission, the company’s issued share capital will comprise 942,456,430 ordinary shares with voting rights. Helium One holds no ordinary shares in treasury.
Helium One raises £6.8m via fundraise and retail offer
Helium One Global Ltd raised a total £6.8 million via a fundraise and retail offer through the issue of 113m ordinary shares of no par value in the company at 6 pence per ordinary share. DIRECTORS DEALINGS A placing, conducted through an accelerated bookbuild process, of 104,383,335 new ordinary shares raised £6.26m and a subscription […]