RE: Share allocation,30 Mar 2026 16:31
Elium One Global (AIM: HE1), the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA ("the Galactica Project"), is pleased to confirm, further to the announcements made on 26 March 2026, the result of its Fundraise at the Issue Price of 0.6 pence per share. The Retail Offer was oversubscribed, demonstrating strong support from the Company's retail shareholder base. As a result, in accordance with the terms of the Retail Offer, the Company has decided to increase the size of the offer to partially accommodate some of this excess demand. The Company announces that it has raised aggregate gross proceeds of £1.5 million pursuant to the Retail Offer, alongside the previously announced Subscription. Accordingly, the Company will issue a total of 250,000,000 new Ordinary Shares at the Issue Price pursuant to the Retail Offer.