Helium One Globa Stock Price, News & Analysis

Helium One Global (OTCQB:HLOGF) has announced two major developments: the formal award of a 480km² Mining License in southern Rukwa, Tanzania, and a proposed £10 million fundraise (approximately US$13 million) through an investment agreement with institutional investors.

The company plans to commence further testing in Q4 2025 using a downhole Electric Submersible Pump at the ITW-1 well. The fundraise includes a £1 million retail offer for existing shareholders. The funds will be allocated to: £4.0 million for ESP work programme, £1.0 million for annual ML fees/G&A, and £4.5 million for USA Galactica development.

The investment agreement allows investors to convert funds into shares at 80% of the VWAP with a 12-month maturity date. A General Meeting is scheduled for August 5, 2025, to approve the necessary share issuance authorities.

Helium One Global (AIM:HE1, OTCQB:HLOGF) has appointed Nishant Dighe as a non-Executive Director, pending AIM Rules due diligence. Dighe brings over 30 years of industry experience, including roles at ExxonMobil, Panoro Energy, and RAK Gas.

The company, Tanzania's primary helium explorer, also holds a 50% working interest in the Galactica-Pegasus helium project in Colorado. Their Rukwa Project in Tanzania recently achieved success with the Itumbula West-1 discovery, flowing 5.5% helium in Q3 2024. The company secured a 480km² Mining License in March 2025. In Colorado, a six-well development drilling campaign completed in H1 2025 showed promising results with up to 3.3% helium concentration, with initial production expected in Q4 2025.

Helium One Global (OTCQB:HLOGF) has received an independent Competent Person's Report (CPR) for its Southern Rukwa Helium Project in Tanzania. The CPR, conducted by Sproule ERCE, confirms significant helium resources with 2C Gross Helium Contingent Resources of 295,797 Mscf and 3C case of 1,345,591 Mscf for the Itumbula development.

The report also identifies additional Prospective Resources of 709,239 Mscf (2U) and 3,227,556 Mscf (3U) within the 480km² Mining License area. The development plan includes a phased approach with an initial 5-well Early Production System (EPS), followed by a 15-well program and an additional 46 wells for full field development.

Helium One Global has reached a significant milestone in Tanzania, finalizing negotiations for the Mining License (ML) of its southern Rukwa helium project. The company has agreed to a 17% government free carried interest, with the joint venture company to be named Songwe Helium Ltd. The 480 km² ML, for which Helium One has paid an initial annual rent of US$960,000, will be operated through Songwe Helium Ltd, with Helium One owning 83% and the Tanzanian government holding 17%. The board structure will comprise five members - three appointed by Helium One and two by the government. The company has successfully completed negotiations on key documents including the Regulatory Framework Agreement, Shareholders' Agreement, and economic model. Helium One has also decided not to renew two remote, partially offshore Prospecting Licenses (PL 11135/2017 and PL 11136/2017) that expired on June 1, 2025.

Helium One Global (HLOGF) has established an Employee Benefit Trust (EBT) to enhance its employee incentive program. The company will issue 296,138,418 ordinary shares (5% of issued share capital) to the EBT at nil par value. These shares will be admitted to trading on AIM on June 13, 2025. The EBT shares will be held in trust until vesting or exercise of awards, supporting employee recruitment, retention, and incentivization. Post-admission, the company's total issued share capital will be 6,218,906,777 ordinary shares. Helium One is a Tanzanian helium explorer with projects in the Rukwa and Eyasi regions, plus a 50% interest in the Galactica-Pegasus helium development project in Colorado, USA, which is progressing toward commercial production in Q4 2025.

Helium One Global (HLOGF) reports successful completion of its 2025 Galactica development drilling program in Colorado, marking significant progress in its helium and CO2 project. The company completed six wells with consistent positive results, with State-9 well achieving flow rates over 360 Mcfd and projected stabilized rates of 400-500 Mcfd. Gas analysis showed helium concentration up to 1.52% and 80.48% CO2. The company plans to commence commercial production in Q4 2025 through the Pinon Canyon Plant, operated by Cimarron Midstream. Phase 1 focuses on initial production, while Phase 2 aims to expand throughput and monetize CO2. The project has identified 6-10 additional drilling locations at Galactica and 20-30 potential locations within the greater Galactica-Pegasus area.

Helium One Global (HLOGF) reports successful drilling of the State-9 well at the Galactica-Pegasus helium development project in Colorado, where it holds a 50% working interest. The well reached a total depth of 1,225ft with confirmed free gas presence through wireline logs. Key findings include 60ft of high-quality gas-saturated sands with 22-26% porosity in the Upper Lyons Sandstone Formation. The well demonstrated strong natural flow during drilling, with no water encountered. Gas samples have been sent for laboratory analysis to determine helium and CO2 concentrations. The well is being prepared for surface pressure readings and flow testing, with plans for production facility integration upon successful testing. Under the farm-in agreement with Blue Star Helium, Helium One will fund the first US $450,000 of this well.

Helium One Global Ltd (HLOGF) has announced the issuance of 1,341,463 new ordinary shares to a service provider as payment in lieu of cash. The shares will be admitted to trading on AIM effective June 4, 2025, ranking equally with existing ordinary shares. Following the admission, the company's total issued share capital will be 5,922,768,359 ordinary shares with voting rights. The company recently achieved significant milestones, including a successful helium discovery at Itumbula West-1 with a 5.5% helium flow in Q3 2024, and the acceptance of a 480km2 Mining License in Tanzania in March 2025. Helium One holds prospecting licenses in Tanzania's Rukwa and Eyasi projects, and owns a 50% stake in the Galactica-Pegasus helium project in Colorado, USA.

Helium One Global has announced the spudding of the State-9 development well at its Galactica helium project in Las Animas County, Colorado. This marks the sixth well in the Galactica development campaign. The well will target the Lyons Sandstone Formation, with preparations underway to drill the intermediate hole section. The project is operated by Blue Star Helium, with Helium One holding a 50% working interest. Under the farm-in agreement, Helium One will fund the first US $450,000 of this well. The company's flagship Rukwa Project in Tanzania recently proved successful with a helium discovery at Itumbula West-1, flowing 5.5% helium to surface in Q3 2024, leading to a Mining License approval in March 2025.