21 Feb 2022 07:00
21 February 2022
Helium One Global Ltd
Appointment of Liberum as NOMAD and Joint Broker
Helium One (AIM: HE1) ("Helium One" or "the Company"), is pleased to announce the appointment of Liberum as the Company's Nominated Adviser and joint broker effective immediately.
For further information please visit the Company's website: www.helium-one.com
Contact
Helium One Global Ltd David Minchin, CEO | +44 20 7920 3150 |
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Liberum (Nominated Adviser and Joint Broker) Scott Mathieson Ed Thomas Nikhil Varghese | +44 20 3100 2000 |
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Peterhouse Capital Limited (Joint Broker) Lucy Williams | +44 20 7220 9792 |
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Tavistock (Financial PR) Nick Elwes Tara Vivian - Neal | +44 20 7920 3150
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Notes to Editors
Helium One was founded in September 2015 to explore, develop, and ultimately, become a producer of low-carbon helium, a critical material that is essential in many modern technologies.
Helium One has identified a globally unique, large-scale, high-grade, primary helium project in Tanzania with the potential to become a strategic asset in resolving a supply-constrained market.
Helium One's assets are located within the rift basins on the margin of the Tanzanian Craton. The Company has secured 18 Prospecting Licences covering more than 4,512 km² in three distinct project areas: the Rukwa, Balangida and Eyasi projects. These are located near surface seeps with helium concentrations ranging up to 10.6% He by volume.
The Company's flagship Rukwa Project is located within the Rukwa Rift Basin covering 3,448km2 in south-west Tanzania. The project is considered to be an advanced exploration project with a portfolio of leads and prospects defined by high-resolution gravity gradiometry, and modern and historic 2D seismic. The Rukwa Project has been de-risked by the 2021 drilling campaign, which identified reservoir and seal with multiple prospective intervals from basin to near surface within a working helium system.
SRK Consulting have reported a 'Best Estimate' Un-risked Prospective Resource of 138 Bcf (2U/P50) for the Company's Rukwa Project, meaning that the project has potentially strategic global implications with the ability to significantly resolve helium supply/demand issues.
All Helium One's licences are held on a 100% equity basis and are in close proximity to the required infrastructure.
Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.
Helium One (HE1)