Helium One Global Ltd Announces Notice of Conversion of Advance
Helium One Global Ltd (OTCQB:HLOGF) has received conversion notices totaling 拢1,725,000 from investors following the approval of the Investment Agreement on July 18, 2025. The conversion price is set at 0.42p, representing a 10.6% discount to the closing mid-price on August 28, 2025, resulting in 410,714,286 new Ordinary Shares.
The company operates two major helium projects: the Rukwa Project in Tanzania, which achieved a significant 5.5% helium flow in Q3 2024 and secured a 480km虏 Mining License in July 2025, and a 50% stake in the Galactica-Pegasus project in Colorado, USA, which has completed a six-well development campaign with helium concentrations up to 3.3%. Initial production at Galactica is expected in Q4 2025.
Helium One Global Ltd (OTCQB:HLOGF) ha ricevuto avvisi di conversione per un totale di 拢1.725.000 da parte di investitori, a seguito dell'approvazione dell'Investment Agreement il 18 luglio 2025. Il prezzo di conversione 猫 fissato a 0,42p, pari a uno sconto del 10,6% rispetto al prezzo medio di chiusura del 28 agosto 2025, con l'emissione di 410.714.286 nuove Azioni Ordinarie.
La societ脿 gestisce due principali progetti di elio: il Rukwa Project in Tanzania, che nel terzo trimestre 2024 ha registrato un rilevante 5,5% di flusso di elio e ha ottenuto una licenza mineraria di 480 km虏 a luglio 2025; e una partecipazione del 50% nel progetto Galactica-Pegasus in Colorado, USA, che ha portato a termine una campagna di sviluppo su sei pozzi con concentrazioni di elio fino al 3,3%. La produzione iniziale a Galactica 猫 prevista per il Q4 2025.
Helium One Global Ltd (OTCQB:HLOGF) ha recibido notificaciones de conversi贸n por un total de 拢1.725.000 de inversores, tras la aprobaci贸n del Investment Agreement el 18 de julio de 2025. El precio de conversi贸n se ha fijado en 0,42p, lo que supone un descuento del 10,6% respecto al precio medio de cierre del 28 de agosto de 2025, dando lugar a 410.714.286 nuevas Acciones Ordinarias.
La compa帽铆a opera dos proyectos principales de helio: el Rukwa Project en Tanzania, que registr贸 un significativo 5,5% de flujo de helio en el tercer trimestre de 2024 y obtuvo una licencia minera de 480 km虏 en julio de 2025; y una participaci贸n del 50% en el proyecto Galactica-Pegasus en Colorado, EE. UU., que ha completado una campa帽a de desarrollo de seis pozos con concentraciones de helio de hasta el 3,3%. Se espera que la producci贸n inicial en Galactica comience en el Q4 2025.
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須岇偓電� 霊� 臧滌潣 欤检殧 項エ 頂勲鞝濏姼毳� 鞖挫榿頃橁碃 鞛堨姷雼堧嫟: 韮勳瀽雼堨晞鞚� Rukwa 頂勲鞝濏姼電� 2024雲� 3攵勱赴鞐� 5.5% 項エ 頋愲鞚� 旮半頄堦碃 2025雲� 7鞗旍棎 480km虏 毂勱荡甓�鞚� 頇曤炒頄堨姷雼堧嫟. 霕愴暅 氙戈淡 旖滊霛茧弰鞚� Galactica-Pegasus 頂勲鞝濏姼鞐� 雽�頃� 50% 歆�攵勳潉 氤挫湢頃橁碃 鞛堨溂氅�, 6臧� 鞖半 臧滊皽 旌犿帢鞚胳潉 鞕勲頃� 斓滊寑 3.3%鞚� 項エ 雴嶋弰毳� 頇曥澑頄堨姷雼堧嫟. Galactica鞚� 齑堦赴 靸濎偘鞚� 2025雲� 4攵勱赴(Q4)鞐� 鞓堨儊霅╇媹雼�.
Helium One Global Ltd (OTCQB:HLOGF) a re莽u des avis de conversion totalisant 拢1 725 000 de la part d'investisseurs, suite 脿 l'approbation de l'Investment Agreement le 18 juillet 2025. Le prix de conversion est fix茅 脿 0,42p, soit une remise de 10,6% par rapport au cours moyen de cl么ture du 28 ao没t 2025, entra卯nant l'茅mission de 410 714 286 nouvelles actions ordinaires.
La soci茅t茅 exploite deux principaux projets d'h茅lium : le projet Rukwa en Tanzanie, qui a enregistr茅 un flux d'h茅lium significatif de 5,5% au T3 2024 et a obtenu une licence mini猫re de 480 km虏 en juillet 2025 ; et une participation de 50% dans le projet Galactica-Pegasus au Colorado, 脡tats-Unis, qui a men茅 une campagne de d茅veloppement de six puits avec des concentrations d'h茅lium allant jusqu'脿 3,3%. La production initiale 脿 Galactica est attendue au T4 2025.
Helium One Global Ltd (OTCQB:HLOGF) hat nach Genehmigung des Investment Agreement am 18. Juli 2025 von Investoren Umwandlungsmitteilungen 眉ber insgesamt 拢1.725.000 erhalten. Der Umwandlungspreis wurde auf 0,42p festgesetzt, was einem Abschlag von 10,6% gegen眉ber dem Schlussmittelkurs vom 28. August 2025 entspricht und zur Ausgabe von 410.714.286 neuen Stammaktien 蹿眉丑谤迟.
Das Unternehmen betreibt zwei bedeutende Heliumprojekte: das Rukwa-Projekt in Tansania, das im dritten Quartal 2024 einen signifikanten Heliumfluss von 5,5% verzeichnete und im Juli 2025 eine Bergbaukonzession 眉ber 480 km虏 erhielt; sowie eine 50%ige Beteiligung am Galactica-Pegasus-Projekt in Colorado, USA, das eine Entwicklungsserie von sechs Bohrungen abgeschlossen hat und Heliumkonzentrationen von bis zu 3,3% nachwies. Die erste Produktion in Galactica wird f眉r Q4 2025 erwartet.
- Successful extended well test at Rukwa Project yielding 5.5% helium flow
- Secured 480km虏 Mining License in Tanzania in July 2025
- Galactica-Pegasus project showing promising helium concentrations up to 3.3%
- Near-term production expected at Galactica wells in Q4 2025
- Significant share dilution with 410,714,286 new shares being issued
- 10.6% discount on share conversion price compared to market price
LONDON, UK / / August 29, 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 0.42p 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 3 September 2025.
Upon Admission, the Company's issued ordinary share capital will consist of 7,014,526,636 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 7,014,526,636. 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 | |
Panmure LiberumLimited (Nominated Adviser and Joint Broker) | +44 20 3100 2000 |
Zeus Capital Limited (Joint Broker) | +44 20 3829 5000 |
Tavistock(Financial PR) | +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.
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SOURCE: Helium One Global Ltd
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FAQ
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