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Helium One Global Ltd Announces Change of Registered Office

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Helium One Global (AIM:HE1, OTCQB:HLOGF) has announced the change of its registered office to 171 Main Street, PO Box 92, Road Town, Tortola, British Virgin Islands. The company is a Tanzanian explorer holding prospecting licenses across two project areas: Rukwa and Eyasi.

The company's flagship Rukwa Project, covering 1,664km² in southwest Tanzania, has achieved significant milestones following its 2023/24 exploration drilling campaign. The campaign proved a helium discovery at Itumbula West-1 and successfully flowed 5.5% helium continuously to surface in Q3 2024. Following this success, the company has filed a Mining License application with the Tanzanian Government.

Additionally, Helium One owns a 50% working interest in the Galactica-Pegasus helium development project in Las Animas County, Colorado, operated by Blue Star Helium.

Helium One Global (AIM:HE1, OTCQB:HLOGF) ha annunciato il cambiamento della propria sede legale a 171 Main Street, PO Box 92, Road Town, Tortola, Isole Vergini Britanniche. L'azienda è un'esploratrice tanzaniana che detiene licenze di prospezione in due aree di progetto: Rukwa e Eyasi.

Il progetto di punta dell'azienda, il Progetto Rukwa, che copre 1.664 km² nel sud-ovest della Tanzania, ha raggiunto traguardi significativi dopo la campagna di perforazione esplorativa 2023/24. La campagna ha confermato una scoperta di elio a Itumbula West-1 e ha consentito un flusso continuo di elio al 5,5% fino in superficie nel terzo trimestre del 2024. A seguito di questo successo, l'azienda ha presentato una domanda di Licenza Mineraria al governo tanzaniano.

Inoltre, Helium One possiede una partecipazione lavorativa del 50% nel progetto di sviluppo dell'eliogio Galactica-Pegasus nella contea di Las Animas, Colorado, gestito da Blue Star Helium.

Helium One Global (AIM:HE1, OTCQB:HLOGF) ha anunciado el cambio de su oficina registrada a 171 Main Street, PO Box 92, Road Town, Tortola, Islas Vírgenes Británicas. La empresa es una exploradora tanzana que posee licencias de prospección en dos áreas de proyecto: Rukwa y Eyasi.

El proyecto insignia de la empresa, el Proyecto Rukwa, que abarca 1,664 km² en el suroeste de Tanzania, ha logrado hitos significativos tras su campaña de perforación de exploración 2023/24. La campaña confirmó un hallazgo de helio en Itumbula West-1 y logró un flujo continuo del 5.5% de helio a la superficie en el tercer trimestre de 2024. Tras este éxito, la empresa ha presentado una solicitud de Licencia Minera al Gobierno de Tanzania.

Además, Helium One posee un interés de trabajo del 50% en el proyecto de desarrollo de helio Galactica-Pegasus en el condado de Las Animas, Colorado, operado por Blue Star Helium.

Helium One Global (AIM:HE1, OTCQB:HLOGF)는 본사의 주소를 171 Main Street, PO Box 92, Road Town, Tortola, British Virgin Islands로 변경했음을 발표했습니다. 이 회사는 두 개의 프로젝트 지역인 RukwaEyasi에 탐사 라이센스를 보유한 탄자니아 탐사 회사입니다.

회사의 주력 사업인 Rukwa 프로젝트는 탄자니아 남서부에 위치한 1,664㎢의 지역을 포괄하며, 2023/24 탐사 드릴링 캠페인을 통해 중요한 이정표를 세웠습니다. 이 캠페인은 Itumbula West-1에서 헬륨 발견을 확인했으며, 2024년 3분기 동안 헬륨 5.5%가 지속적으로 지표로 유출되는 데 성공했습니다. 이 성공에 이어 회사는 탄자니아 정부에 채굴 면허 신청서를 제출했습니다.

추가로, Helium One은 콜로라도 주 Las Animas 카운티에 있는 Galactica-Pegasus 헬륨 개발 프로젝트에서 50%의 운영 지분을 보유하고 있으며, 이는 Blue Star Helium이 운영하고 있습니다.

Helium One Global (AIM:HE1, OTCQB:HLOGF) a annoncé le changement de son siège social à 171 Main Street, PO Box 92, Road Town, Tortola, Îles Vierges britanniques. L'entreprise est une exploratrice tanzanienne détenant des licences de prospection dans deux zones de projet : Rukwa et Eyasi.

Le projet phare de l'entreprise, le projet Rukwa, couvrant 1 664 km² dans le sud-ouest de la Tanzanie, a atteint des jalons significatifs à la suite de sa campagne de forage d'exploration 2023/24. La campagne a prouvé une découverte d'hélium à Itumbula West-1 et a réussi à faire remonter continuellement 5,5 % d'hélium à la surface au troisième trimestre 2024. Suite à ce succès, l'entreprise a déposé une demande de licence minière auprès du gouvernement tanzanien.

De plus, Helium One détient un intérêt opérationnel de 50 % dans le projet de développement d'hélium Galactica-Pegasus dans le comté de Las Animas, Colorado, exploité par Blue Star Helium.

Helium One Global (AIM:HE1, OTCQB:HLOGF) hat den Wechsel seiner registrierten Büroadresse zu 171 Main Street, PO Box 92, Road Town, Tortola, Britische Jungferninseln bekannt gegeben. Das Unternehmen ist ein tanzanischer Explorationsbetrieb, der Explorationslizenzen in zwei Projektgebieten hält: Rukwa und Eyasi.

Das Flaggschiffprojekt des Unternehmens, das Rukwa-Projekt, das eine Fläche von 1.664 km² im Südwesten Tansanias abdeckt, hat nach der Erkundungsbohrkampagne 2023/24 bedeutende Meilensteine erreicht. Die Kampagne bewies einen Heliumfund in Itumbula West-1 und erzielte im dritten Quartal 2024 kontinuierlich einen Heliumgehalt von 5,5% an die Oberfläche. Nach diesem Erfolg hat das Unternehmen einen Antrag auf eine Bergbaulizenz bei der tansanischen Regierung eingereicht.

Darüber hinaus besitzt Helium One ein 50%iges Arbeitsinteresse an dem Heliumentwicklungsprojekt Galactica-Pegasus im Las Animas County, Colorado, das von Blue Star Helium betrieben wird.

Positive
  • Successful helium discovery at Itumbula West-1 with 5.5% continuous flow
  • Mining License application filed with Tanzanian Government
  • 100% equity ownership in Tanzanian licenses
  • Strategic position in supply-constrained helium market
Negative
  • None.

LONDON, UK / ACCESS Newswire / January 23, 2025 / Helium One Global (AIM:HE1), announces that its registered office address has changed to 171 Main Street, PO Box 92, Road Town, Tortola, British Virgin Islands, VG110.

For further information please visit the Company's website: www.helium-one.com

Contact

Helium One Global Ltd

Lorna Blaisse, CEO

Graham Jacobs, Finance and Commercial Director

+44 20 7920 3150

Panmure LiberumLimited (Nominated Adviser and Joint Broker)

Scott Mathieson

Nikhil Varghese

+44 20 3100 2000

Zeus Capital Limited (Joint Broker)

Simon Johnson

Louisa Waddell

+44 20 3829 5000

Tavistock(Financial PR)

Nick Elwes

Tara Vivian-Neal

+44 20 7920 3150

Notes to Editors

Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences across two distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.

The Rukwa and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. These assets lie near surface seeps with helium concentrations ranging up to 10.4% helium by volume. All Helium One's licences are held on a 100% equity basis.

The Company's flagship southern Rukwa Project is located within the southern Rukwa Rift Basin covering 1,664km2 in south-west Tanzania. This project is considered to be entering an appraisal stage following the success of the 2023/24 exploration drilling campaign, which proved a helium discovery at Itumbula West-1 and, following an extended well test, successfully flowed 5.5% helium continually to surface in Q3 2024.

Following the success of the extended well test, the Company has now flowed significant quantities of helium to surface and has filed a Mining Licence application with the Mining Commission of the Tanzanian Government.

The Company also owns a 50% working interest in the Galactica-Pegasus helium development project in Las Animas County, Colorado, USA. This project is operated by Blue Star Helium Ltd (ASX: BNL).

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.

SOURCE: Helium One Global Ltd



View the original press release on ACCESS Newswire

FAQ

What was the helium flow rate achieved at Helium One's (HLOGF) Itumbula West-1 well in Q3 2024?

Helium One's Itumbula West-1 well successfully flowed 5.5% helium continuously to surface during Q3 2024.

What is the size of Helium One's (HLOGF) Rukwa Project in Tanzania?

The Rukwa Project covers an area of 1,664km² in south-west Tanzania.

What percentage stake does Helium One (HLOGF) own in its Tanzanian licenses?

Helium One holds 100% equity in all its Tanzanian licenses.

What is Helium One's (HLOGF) ownership stake in the Galactica-Pegasus project?

Helium One owns a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA.

Has Helium One (HLOGF) applied for a Mining License in Tanzania following its discovery?

Yes, following the successful extended well test, Helium One has filed a Mining License application with the Mining Commission of the Tanzanian Government.
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