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Pin to quick picksHelium One Share News (HE1)

Share Price Information for Helium One (HE1)

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Share Price: 1.31
Bid: 1.27
Ask: 1.35
Change: 0.00 (0.00%)
Spread: 0.08 (6.299%)
Open: 1.31
High: 1.31
Low: 1.31
Prev. Close: 1.31
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AIM WINNERS & LOSERS: GENinCode shares soar on US approvals

Tue, 03rd Jan 2023 11:07

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

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AIM - WINNERS

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GENinCode PLC, up 67% at 12.92 pence, 12-month range 6.5p-34.95p. The cardiovascular disease-focused predictive genetics company wins licensing approval in California state, as well CLIA certification for its Irvine laboratory in California. This allows its risk assessment products for CVD to be provided to patients in 49 US states. The approval is a "major milestone" in the commercialisation of its polygenic CVD products, CARDIO inCode and LIPID inCode, the firm says.

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Challenger Energy Group PLC, up 11% at 0.10p, 12-month range 0.07p-0.69p. The Caribbean and Americas-focused oil and gas firm notes developments in Uragua, with global oil and gas majors, including Shell PLC, being awarded offshore blocks in proximity to Challenger's Area OFF-1 block. The firm considers the entry of major players into Uruguay, and their commitments to undertake "sizeable and meaningful work programs in the near-term" validates its decision to enter the country in 2020. The developments also "[underscore] the solid technical foundation and excellent value proposition represented by the AREA OFF-1 block," Challenger says. The commitments from oil majors includes 3D seismic acquisition and new well drilling.

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AIM - LOSERS

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Bidstack Group PLC, down 28% at 2.01p, 12-month range 1.8p-6.2p. The in-game advertising platform says Azerion Group NV has decided to terminate its media sales partnership, amid a legal dispute over overdue sums Bidstack maintains are due from Azerion. "Bidstack has taken appropriate external legal advice and has concluded that Azerion has no present entitlement to end the agreement," firm says. Bidstack says it intends to claim damages for unlawful termination.

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Helium One Global Ltd, down 27% at 5.2p, 12-month change 4.96p-15.5p. The Tanzania-focused helium exploration company says the Exalo drill rig in southern Africa will be unable to be mobilised for its Rukwa licence in early 2023. This is due to an extension of the current operator's contract, for a period of "up to twelve months". "The company is reviewing a number of alternative rig options for Phase II Tanzania drilling operations and will announce an updated timeline to drilling once new arrangements have been confirmed," the firm said. CEO David Minchin calls the development "disappointing and frustrating".

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
25 Jan 2024 10:30

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.

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25 Jan 2024 08:47

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.

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25 Jan 2024 07:41

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.

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8 Jan 2024 11:31

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.

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21 Dec 2023 11:07

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.

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21 Dec 2023 10:26

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.

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20 Dec 2023 21:34

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

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14 Dec 2023 21:20

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:

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7 Dec 2023 14:31

UK shareholder meetings calendar - next 7 days

Friday 8 December 
Amedeo Air Four Plus LtdAGM
Ashoka India Equity Investment Trust PLCAGM
Associated British Engineering PLCAGM
Associated British Foods PLCAGM
Corcel PLCGM re disposal of 41% interest in the Mambare nickel/cobalt project
Hargreaves Lansdown PLCAGM
URA Holdings PLCGM re closing the fundraise
Monday 11 December 
IamFire PLCAGM with vote on name change to WeCap PLC
Pharma C Investments PLCGM re allowing investments in fintech, AI sectors
SigmaRoc PLCGM re reverse takeover
Tribal Group PLCGM re cash offer by Tiger Bidco 1 Ltd
Vela Technologies PLCAGM
Tuesday 12 December 
Atalaya Mining PLCEGM re redomiciliation to Spain from Cyprus
Blackrock Greater Europe Investment Trust PLCAGM
Distil PLCGM re placing and subscription
Gelion PLCAGM
Wednesday 13 December 
Dechra Pharmaceuticals PLCAGM
Limitless Earth PLCAGM
Softcat PLCAGM
Volution Group PLCAGM
Thursday 14 December 
Aeorema Communications PLCAGM
CleanTech Lithium PLCGM re equity raise approval
Driver Group PLCFull Year Results
eEnergy Group PLCAGM
Ethernity Networks LtdGM re authority to allot shares on non-preemptive basis
Fintech Asia LtdAGM
Helium One Global LtdAGM
Marwyn Value Investors LtdAGM
Quarto Group IncGM re cancelling trading on London's Main Market
Sareum Holdings PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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6 Dec 2023 11:08

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.

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5 Dec 2023 12:06

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.

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20 Nov 2023 14:17

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:

Read more
15 Nov 2023 14:22

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.

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15 Nov 2023 11:55

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.

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10 Nov 2023 09:51

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.

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