Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHelium One Share News (HE1)

Share Price Information for Helium One (HE1)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.71
Bid: 0.70
Ask: 0.72
Change: 0.015 (2.16%)
Spread: 0.02 (2.857%)
Open: 0.69
High: 0.73
Low: 0.366
Prev. Close: 0.695
HE1 Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: tinyBuild to receive Atari investment

Thu, 21st Dec 2023 10:26

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

----------

AIM - WINNERS

----------

tinyBuild Inc, up 70% at 4.25 pence, 12-month range 2.2p-112p. The Washington, US-based video game developer and publisher says French video game firm Atari SA will buy USD2 million of its shares via a private placing at 5p each. This comes amid plans to raise around USD14 million via the issue of shares at the same price. This will be via a combination of a placing for at least USD10 million, with the CEO Alex Nichiporchik agreeing to underwrite the placing and open offer for up to USD10 million, and an open offer for up to USD2.2 million, as well as the private placing with Atari. However, provides a rather gloomy update on trading, noting some contracts may slip into next year. Expects revenue to be between USD40 and USD50 million in 2023, which would be down from USD63.3 million in 2022. In response, the firm has "promptly accelerated" its cost reduction plans. Will use fund from the equity raise to strengthen its balance sheet.

----------

GlobalData PLC, up 22% at 195p, 12-month range 132p-202.72p. The data analytics and consulting firm says private equity company Inflexion has bought at 40% stake in its Healthcare division at a valuation of GBP1.12 billion. It expects to receive net cash of GBP434 million, which "will provide flexibility for accelerated value-creating M&A across the group".

----------

AIM - LOSERS

----------

Helium One Global Ltd, down 68% at 0.24p, 12-month range 0.24p-10.3p. The Tanzania-focused helium explorer raises gross proceeds of GBP6.1 million in an oversubcribed equity placing and subscription for 2.42 billion shares at 0.25p each. The issue price represents a 72% discount to Tuesday's closing price of 0.09p. Helium One Global says the net proceeds of the fundraise will be used for drilling exploration well Itumbula West-A on the Itumbula prospect, alongside general working capital purposes. CEO Lorna Blaisse says the firm is rigging up at Itumbula West-A and performing pre-spud maintenance checks ahead of the commencement of drilling early next month. "Delaying this fundraise would have significantly impacted the company and its strategy," she adds.

----------

By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
11 Jun 2024 19:09

IN BRIEF: Helium One raises GBP8.0 million in placing, subscription

Helium One Global Ltd - Tanzanian-focused producer of low-carbon helium - Raises GBP8.0 million via placing and subscription at 0.50 pence per share. Explains the placing was conducted through an accelerated bookbuild process undertaken by Liberum Capital Ltd and Zeus Capital Ltd acting as joint bookrunners and Axis Capital Markets acting as placing agent.

Read more
11 Jun 2024 10:45

AIM WINNERS & LOSERS: Oracle rises on drilling at gold project

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

Read more
10 Jun 2024 19:45

IN BRIEF: Helium One Global to raise GBP8.0 million to fund well test

Helium One Global Ltd - Tanzanian-focused producer of low-carbon helium - Plans to raise minimum GBP8.0 million via placing and direct subscription at 0.50 pence per share. The placing will be conducted through an accelerated bookbuild process to be undertaken by Liberum Capital Ltd and Zeus Capital Ltd acting as joint bookrunners and Axis Capital Markets acting as placing agent. The placing will be made to certain existing shareholders and other institutional and high net worth investors. All directors of the company and certain members of management will participate in the subscription up to GBP35,000. Proceeds will be utilised to complete an extended well test on Itumbula West-1 to evaluate commercial flow rates of helium prior to the development phase, as well as providing additional funds for operational contingency.

Read more
10 Apr 2024 14:20

Helium One begins work to obtain mining licence for Tanzanian project

(Alliance News) - Helium One Global Ltd on Wednesday said its Rukwa project had advanced to the next operational phase.

Read more
10 Apr 2024 13:15

Helium One Global reports progress at Rukwa Project

(Sharecast News) - Tanzania-focussed helium explorer Helium One reported progress and updated on strategic initiatives at its Rukwa Project in an update on Wednesday.

Read more
7 Mar 2024 14:31

EARNINGS AND TRADING: Nexus revenue drops; Brooks MacDonald revenue up

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

Read more
7 Mar 2024 11:00

Helium One reports solid first-half progress in Tanzania

(Sharecast News) - Helium One Global described significant milestones in its half-year report on Thursday, including the acquisition of the Epiroc Predator 220 drilling rig, which it said had been successfully mobilised to the Rukwa site.

Read more
7 Mar 2024 10:06

AIM WINNERS & LOSERS: Strategic Minerals up on February sales

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

Read more
7 Feb 2024 13:59

Helium One raises £4.7m to advance planning in Tanzania

(Sharecast News) - Tanzania-focussed helium explorer Helium One Global announced on Wednesday that it has raised £4.7m ($5.92m) through a company-led placing of 313,333,333 new shares at a price of 1.5p each.

Read more
7 Feb 2024 10:01

Helium One Global raises GBP4.7 million for work programme in Tanzania

(Alliance News) - Helium One Global Ltd on Wednesday said it has raised GBP4.7 million, to progress its work programme in Tanzania.

Read more
7 Feb 2024 09:29

AIM WINNERS & LOSERS: Verditek falls on cash shell plans

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

Read more
5 Feb 2024 12:06

LONDON MARKET MIDDAY: FTSE 100 rises as UK service sector impresses

(Alliance News) - Stock prices in London were higher midday Monday, after data showed that the UK services sector kicked off the new year with its most robust performance since May.

Read more
5 Feb 2024 11:41

Helium One shares soar on latest Itumbula West progress

(Sharecast News) - Tanzania-focussed helium explorer Helium One Global announced significant progress in its latest drilling operation, the Itumbula West-1 well, on Monday.

Read more
5 Feb 2024 10:30

AIM WINNERS & LOSERS: Helium One Global jumps on Itumbula West-1 well

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

Read more
26 Jan 2024 10:39

AIM WINNERS & LOSERS: Primorus rises as Autodesk buys investee

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

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.