Helium One Share News (HE1)

AIM WINNERS & LOSERS: Helium One drilling finds elevated helium shows

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

LONDON MARKET OPEN: Stocks drift lower before ECB decision

(Alliance News) - Stock prices in London opened lower on Thursday, amidst uncertainty ahead of the European Central Bank rate call.

LONDON BRIEFING: Haleon sells ChapStick; RS reports market weakness

(Alliance News) - Stocks in London are called slightly lower on Thursday, ahead of a central bank decision in the eurozone, and US economic growth data.

IN BRIEF: Helium One begins drilling at Itumbula

Helium One Global Ltd - Tanzania-focused helium explorer - Says drilling commenced on Saturday at the Itumbula West-1 well. In December, Helium One managed to raise GBP6.1 million from a placing and subscription of 2.42 billion new shares at 0.25 pence each to support drilling at Itumbula. The company says that drilling will target two fault zones which are thought to contain elevated concentrations of helium following a data-gathering project at the Tai-3 well in December. Drilling will also involve an "open hole well test" to measure gas shows using Geolog's mud logging services. Once these have been evaluated, Helium One may take further, downhole samples. The company expects the process from initial spud to the completion of mud logging and well testing to take around four to five weeks. A field pressure-volume-temperature specialist will be on site to measure helium gas samples, and Baker Hughes Co will provide service for wireline, fluids and cementing.

Helium One raises GBP6 million in equity for Itumbula West-A drilling

(Alliance News) - Helium One Global Ltd on Thursday said it has raised GBP6.1 million from a placing and subscription of new shares, with the funds to be used for the drilling of the Itumbula West-A well.

AIM WINNERS & LOSERS: tinyBuild to receive Atari investment

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Helium One Global proposes GBP5.8 million raise to fund Tanzania well

(Alliance News) - Helium One Global Ltd on Wednesday proposed a placing and subscription of new shares to raise a minimum of GBP5.8 million to fund a second exploration well in the Rukwa basin in Tanzania

EARNINGS AND TRADING: Helium One says drilling rig arrives on site

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

AIM WINNERS & LOSERS: Quadrise surges; Helium One slides again

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Helium One flags need for extra funds ahead of Itumbula drilling

(Alliance News) - Helium One Global Ltd on Tuesday said it will need "additional funds" before it can go ahead and drill the Itumbula asset in Tanzania.

EARNINGS AND TRADING: Active Energy notes Ashland delay; MTI profit up

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Helium One makes solid progress at Tai-3 well

(Sharecast News) - Tanzania-focussed helium explorer Helium One Global updated the market on its Tai-3 operations on Wednesday, highlighting significant progress and plans.

Helium One shares rise as annual loss narrows; reports no revenue

(Alliance News) - Helium One Global Ltd on Wednesday said its full-year loss narrowed, and reported that it will begin a downhole sampling programme after overcoming difficulties at Tai-3 well in Tanzania.

Helium One halts drilling at Tai-3 in Tanzania due to hydraulics issue

(Alliance News) - Helium One Global Ltd on Friday said it encountered an issue with its Epiroc Predator 220 drilling rig at Tai-3 operations.