Helium One Global Ltd Announces Notice of Conversion of Advance
Helium One Global (OTCQB:HLOGF) has received conversion notices totaling 拢1,000,000 from investors following the approval of the Investment Agreement on July 18, 2025. The conversion price is set at 0.5007p, representing a 20% discount to the closing mid-price on August 15, 2025, resulting in 199,720,388 new Ordinary Shares.
The company holds significant helium assets, including its flagship Rukwa Project in Tanzania, which demonstrated successful results with 5.5% helium flow in Q3 2024 and secured a 480km虏 Mining License in July 2025. Additionally, its 50% stake in the Galactica-Pegasus project in Colorado has shown promising results with helium concentrations up to 3.3%, with initial production expected in Q4 2025.
The total number of Ordinary Shares post-admission will be 6,603,812,350, effective August 20, 2025.Helium One Global (OTCQB:HLOGF) ha ricevuto avvisi di conversione per un totale di 拢1.000.000 da parte di investitori in seguito all'approvazione dell'Accordo di Investimento del 18 luglio 2025. Il prezzo di conversione 猫 fissato a 0,5007p, corrispondente a uno sconto del 20% rispetto al prezzo medio di chiusura del 15 agosto 2025, con l'emissione di 199.720.388 nuove Azioni Ordinarie.
La societ脿 detiene rilevanti asset elio, incluso il progetto di punta Rukwa in Tanzania, che ha mostrato risultati positivi con un flusso di elio del 5,5% nel terzo trimestre del 2024 e ha ottenuto una Licenza Mineraria di 480 km虏 a luglio 2025. Inoltre, la partecipazione del 50% nel progetto Galactica-Pegasus in Colorado ha evidenziato concentrazioni di elio fino al 3,3%, con una produzione iniziale prevista per il quarto trimestre del 2025.
Il numero totale di Azioni Ordinarie dopo l'ammissione sar脿 di 6.603.812.350, con effetto dal 20 agosto 2025.
Helium One Global (OTCQB:HLOGF) ha recibido avisos de conversi贸n por un total de 拢1.000.000 de inversores tras la aprobaci贸n del Acuerdo de Inversi贸n el 18 de julio de 2025. El precio de conversi贸n se establece en 0,5007p, lo que representa un descuento del 20% respecto al precio medio de cierre del 15 de agosto de 2025, resultando en 199.720.388 nuevas Acciones Ordinarias.
La compa帽铆a posee activos significativos de helio, incluido su proyecto principal Rukwa en Tanzania, que mostr贸 resultados exitosos con un flujo de helio del 5,5% en el tercer trimestre de 2024 y obtuvo una Licencia Minera de 480 km虏 en julio de 2025. Adem谩s, su participaci贸n del 50% en el proyecto Galactica-Pegasus en Colorado ha mostrado concentraciones de helio de hasta el 3,3%, con producci贸n inicial prevista para el cuarto trimestre de 2025.
El n煤mero total de Acciones Ordinarias tras la admisi贸n ser谩 de 6.603.812.350, con efecto a partir del 20 de agosto de 2025.
Helium One Global (OTCQB:HLOGF)電� 2025雲� 7鞗� 18鞚� 韴瀽瓿勳暯 鞀轨澑 鞚错泟 韴瀽鞛愲摛搿滊秬韯� 齑� 拢1,000,000鞚� 鞝勴櫂 韱奠靹滊ゼ 靾橂牴頄堨姷雼堧嫟. 鞝勴櫂 臧�瓴╈潃 0.5007p搿� 毂呾爼霅橃棃鞙茧┌, 鞚措姅 2025雲� 8鞗� 15鞚� 膦呹皜 欷戧皠臧� 雽�牍� 20% 頃犾澑鞐� 頃措嫻頃橃棳 199,720,388欤检潣 鞁犾＜ 氤错喌欤�臧� 氚滍枆霅╇媹雼�.
須岇偓電� 欤检殧 項エ 鞛愳偘鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 攴胳 韮勳瀽雼堨晞鞚� 欤茧牓 頂勲鞝濏姼鞚� Rukwa電� 2024雲� 3攵勱赴鞐� 5.5% 項エ 鞙犽焿鞚� 氤挫澊電� 霌� 靹标车鞝侅澑 瓴瓣臣毳� 氤挫榾瓿� 2025雲� 7鞗旍棎 480km虏鞚� 甏戩偘 項堦皜毳� 旆摑頄堨姷雼堧嫟. 霕愴暅 旖滊霛茧弰鞚� Galactica-Pegasus 頂勲鞝濏姼鞐� 雽�頃� 50% 歆�攵�鞚� 斓滊寑 3.3%鞚� 項エ 雴嶋弰毳� 氤挫棳欤检棃瓿�, 齑堦赴 靸濎偘鞚� 2025雲� 4攵勱赴搿� 鞓堨爼霅橃柎 鞛堨姷雼堧嫟.
靸侅灔 頉� 氤错喌欤� 齑濎垬電� 6,603,812,350欤�臧� 霅橂┌, 須牓鞚� 2025雲� 8鞗� 20鞚茧秬韯� 鞝侅毄霅╇媹雼�.
Helium One Global (OTCQB:HLOGF) a re莽u des avis de conversion totalisant 拢1 000 000 de la part d'investisseurs suite 脿 l'approbation de l'accord d'investissement le 18 juillet 2025. Le prix de conversion est fix茅 脿 0,5007p, soit une d茅cote de 20% par rapport au prix moyen de cl么ture du 15 ao没t 2025, entra卯nant l'茅mission de 199 720 388 nouvelles actions ordinaires.
La soci茅t茅 d茅tient d'importants actifs en h茅lium, dont son projet phare Rukwa en Tanzanie, qui a montr茅 des r茅sultats concluants avec un flux d'h茅lium de 5,5% au troisi猫me trimestre 2024 et a obtenu une licence mini猫re de 480 km虏 en juillet 2025. Par ailleurs, sa participation de 50% dans le projet Galactica-Pegasus au Colorado a r茅v茅l茅 des concentrations d'h茅lium allant jusqu'脿 3,3%, la production initiale 茅tant pr茅vue au quatri猫me trimestre 2025.
Le nombre total d'actions ordinaires apr猫s admission sera de 6 603 812 350, effectif 脿 partir du 20 ao没t 2025.
Helium One Global (OTCQB:HLOGF) hat nach der Genehmigung des Investitionsvertrags am 18. Juli 2025 Umwandlungsmitteilungen von Investoren in H枚he von insgesamt 拢1.000.000 erhalten. Der Umwandlungspreis wurde auf 0,5007p festgelegt, was einem Abschlag von 20% auf den Schlussmittelpreis vom 15. August 2025 entspricht und zur Ausgabe von 199.720.388 neuen Stammaktien 蹿眉丑谤迟.
Das Unternehmen verf眉gt 眉ber bedeutende Helium-Assets, darunter das Flaggschiff-Projekt Rukwa in Tansania, das im dritten Quartal 2024 einen erfolgreichen Heliumfluss von 5,5% zeigte und im Juli 2025 eine 480 km虏 Bergbau-Lizenz erhielt. Dar眉ber hinaus hat die 50%-Beteiligung am Galactica-Pegasus-Projekt in Colorado Heliumkonzentrationen von bis zu 3,3% aufgezeigt; die erste Produktion wird f眉r das vierte Quartal 2025 erwartet.
Die Gesamtzahl der Stammaktien nach Zulassung wird 6.603.812.350 betragen und tritt zum 20. August 2025 in Kraft.
- Successful extended well test at Rukwa Project yielded significant 5.5% helium flow
- Secured 480km虏 Mining License in Tanzania in July 2025
- Galactica-Pegasus project showing promising results with up to 3.3% helium concentration
- Initial production at Galactica wells expected to commence in Q4 2025
- Diversified portfolio across two continents strengthens market position
- 20% discount on share conversion price may dilute existing shareholder value
- Significant share dilution with 199,720,388 new Ordinary Shares being issued
LONDON, UNITED KINGDOM / / August 19, 2025 / Further to the approval of the Investment Agreement dated 18 July 2025 by shareholders at a General Meeting held on 6 August 2025, the Company has received conversion notices totalling
Pursuant to the terms of the Investment Agreement, the conversion price has been calculated at 0.5007p and this represents a discount of approximately
Admission and Total Voting Rights
Applications have been made for the new ordinary shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on 20 August 2025.
Upon Admission, the Company's issued ordinary share capital will consist of 6,603,812,350 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 6,603,812,350. With effect from Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Helium One Global Ltd | +44 20 7920 3150 |
Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director | |
Panmure LiberumLimited (Nominated Adviser and Joint Broker) Scott Mathieson Nikhil Varghese | +44 20 3100 2000 |
Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell | +44 20 3829 5000 |
Tavistock(Financial PR) Nick Elwes Tara Vivian-Neal | +44 20 7920 3150 |
Notes to Editors
Helium One Global, the primary helium explorer in Tanzania with a
The Company's flagship southern Rukwa Project is located within the southern Rukwa Rift Basin in south-west Tanzania. This project entering a full appraisal and development stage following the success of the 2023/24 exploration drilling campaign, which proved a helium discovery at Itumbula West-1 and, following an extended well test ("EWT"), successfully flowed
Following the success of the EWT, the Company filed a Mining Licence ("ML") application with the Tanzania Mining Commission in September 2024 and the 480km2 ML was formally awarded to the Company in July 2025.
The Company also owns a
This programme has seen a systematic approach to developing the extensive Lyons Formation reservoir. The programme has delivered encouraging results, in line with expectations, consistently encountering good helium (up to
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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit .
SOURCE: Helium One Global Ltd
View the original on ACCESS Newswire
FAQ
What is the conversion price for Helium One Global's (HLOGF) recent investment agreement?
How many new shares will be issued by Helium One Global (HLOGF) following the conversion?
What are the recent developments at Helium One Global's (HLOGF) Rukwa Project in Tanzania?
What is the status of Helium One Global's (HLOGF) Galactica-Pegasus project in Colorado?
When will the new Helium One Global (HLOGF) shares be admitted to trading?
