TIDMHE1
RNS Number : 8383M
Helium One Global Ltd
19 September 2023
19 September 2023
Helium One Global Ltd
("Helium One" or "the Company")
Board Appointment and Block Admission Application
Helium One Global (AIM: HE1), the primary helium explorer in
Tanzania today is pleased to announce the appointment of Graham
Jacobs to the Board as a Director of Helium One with immediate
effect.
Graham has been working with the team since January 2022 and was
appointed Financial and Commercial Director on 4 August 2023.
Graham is an experienced financial and commercial executive with
over 30 years of experience in the natural resources sector. He has
extensive expertise in the oil and gas industry having held a
number of senior positions at Dragon Oil plc, PanOcean Energy,
Addax Energy and Oryx Petroleum, and was also Head of Commercial at
Tanzanian focussed Orca Energy.
James Smith, Chairman of Helium One, commented:
"We are delighted to welcome Graham to the Board of Helium One
and look forward to utilising his expertise and continuing to work
with him during this very exciting period of the Company's
development."
Block Admission Application
The Company also provides notification provides notification
that a new block admission application (the "New Block Admission
Application") has been made to the London Stock Exchange, for the
admission to trading on AIM of 45,022,104 ordinary shares of no par
value each in the capital of the Company (the "New Ordinary
Shares").
The New Ordinary Shares will be issued from time to time in
order to satisfy certain options and warrants issued to the
Company's directors, management, staff and other various
stakeholders, as set out in Section 5 of Part VI in the Company's
AIM Admission Document dated 13 November 2020, and the Company's
announcement titled "Award of Management Options" on 15 June 2021
and on 16 February 2022, respectively. The exercise prices for the
outstanding options and warrants, in relation to the New Ordinary
Shares, range from 2.84p to 23.67p. It is expected that admission
will become effective on 22 September 2023.
When issued, the New Ordinary Shares will be credited as fully
paid and will rank pari passu in all respects with the existing
ordinary shares of no par value each in the capital of the
Company.
For further information please visit the Company's website:
www.helium-one.com
Contact
Helium One Global Ltd +44 20 7920
Lorna Blaisse, CEO 3150
Liberum Capital Limited (Nominated Adviser
and Joint Broker)
Scott Mathieson
Ed Thomas +44 20 3100
Nikhil Varghese 2000
Peterhouse Capital Limited (Joint Broker) +44 20 7220
Lucy Williams 9792
Tavistock (Financial PR)
Nick Elwes +44 20 7920
Tara Vivian - Neal 3150
AIM Rules Schedule 2(g) disclosures for Graham John Jacobs
Mr. Graham John Jacobs (aged 64), holds 393,333 ordinary shares
of nil par value each in Helium One ("Ordinary Shares")
representing approximately 0.04% of the Company's currently issued
share capital. He also holds options over 8,000,000 Ordinary
Shares. His current and previous directorships or partnerships are
detailed below:
Current directorships and partnerships:
N/A
Past directorships and partnerships held within the last 5
years:
Four Trees Energy Limited
Kensington Oil & Gas Group Ltd
Petronaft Limited
Greenlea Development Ltd
Production Drilling (UK) Limited
Petronaft Ltd
There are no further disclosures required in accordance with
Rule 17 or Schedule 2(g) of the AIM Rules.
Notes to Editors
Helium One Global, the AIM-listed Tanzanian explorer, holds
prospecting licences totalling more than 2,965km(2) across three
distinct project areas, with the potential to become a strategic
player in resolving a supply-constrained helium market.
The Rukwa, Balangida, and Eyasi projects are located within rift
basins on the margin of the Tanzanian Craton in the north and
southwest of the country. The assets lie near surface seeps with
helium concentrations ranging up to 10.6% He by volume. All Helium
One's licences are held on a 100% equity basis and are in close
proximity to the required infrastructure.
The Company's flagship Rukwa Project is located within the Rukwa
Rift Basin covering 1,900km(2) in south-west Tanzania. The project
is considered to be an advanced exploration project with leads and
prospects defined by a subsurface database including multispectral
satellite spectroscopy, airborne gravity gradiometry, 2D seismic
data, and QEMSCAN analysis. The Rukwa Project has been de-risked by
the 2021 drilling campaign, which identified reservoir and seal
with multiple prospective intervals from basin to near surface
within a working helium system.
Helium One is listed on the AIM market of the London Stock
Exchange with the ticker of HE1 and on the OTCQB in the United
States with the ticker HLOGF.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCEAENPFDPDEAA
(END) Dow Jones Newswires
September 19, 2023 02:00 ET (06:00 GMT)
Helium One Global (LSE:HE1)
Historical Stock Chart
From Nov 2024 to Dec 2024
Helium One Global (LSE:HE1)
Historical Stock Chart
From Dec 2023 to Dec 2024
