On Admission, the Company (HEX) will have a market capitalisation of approximately £12.2 million.

Placing price per share of 10p.

"After 24 years in helium exploration and development it has become clear to me that new, large-scale, primary helium projects are required to satisfy growing demand. These projects are best discovered by teams with a deep understanding of helium systems.

"Ingomar Dome is a large closure of 16,512 acres with P50 Gross Unrisked Prospective Resources of 2.3Bcf. The project benefits from historical drilling which identified gas in multiple target reservoir horizons in a stacked closure.

"Helix Exploration offers investors an opportunity to invest in a proven management team operating in an area of known helium occurrences in the United States."

Bo Sears, CEO

"We have chosen to list in London because we believe it is the pre-eminent market for growth resource companies with a deep pool of investors, talent and very high standards of governance. London remains a world leading capital market for small-cap companies.

"With helium in unprecedented short supply with Chinese import price rising to US$623/mcf in February 2023 and US Defence Logistics Agency bulk pricing over US$1,000/Mcf, we think now is the right time to invest in the identification of new sources of primary helium supply.

"I am delighted to be part of bringing Helix Exploration to the London market with our aim of actively pursuing the exploration, commercial development and monetisation of a non-hydrocarbon associated helium rich gas structure in the Ingomar Dome located in central Montana, USA."

David Minchin, Executive Chairman