Business
Exercise of Warrants and Issue of Equity
Exercise of Warrants and Issue of Equity.
About this update from Helium One Global Limited
[{"type":"text","content":"\n\n\n\n18 July 2023\n \nHelium One Global Ltd\n \nExercise of Warrants and Issue of Equity\nHelium One Global Ltd (AIM:HE1) (\"Helium One\" or \"the Company\") announces that it has received notice of the exercise of warrants over a total of 450,000 ordinary shares in the Company (\"New Ordinary Shares\") at an exercise price per share of £0.0284. \nApplication will be made for the admission of the 450,000 New Ordinary Shares to trading on AIM (\"Admission\"). The Shares will rank pari passu with the existing Ordinary Shares and it is expected that Admission will become effective at 8.00 a.m. on 21 July 2023.\nFollowing Admission, the Company's issued share capital will consist of 821,316,459 Ordinary Shares with voting rights. Helium One does not hold any Ordinary Shares in treasury. This figure of 821,316,459 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n \nFor further information please visit the Company's website: www.helium-one.com \nContact\n\n\n\n\nHelium One Global Ltd\nLorna Blaisse, CEO\n\n\n+44 20 7920 3150\n\n\n\n\n \n\n\n\n\n\n\n\nLiberum Capital Limited (Nominated Adviser and Joint Broker)\nScott Mathieson\nEd Thomas\nNikhil Varghese\n\n\n+44 20 3100 2000\n\n\n\n\n \n\n\n\n\n\n\n\nPeterhouse Capital Limited (Joint Broker)\nLucy Williams\n\n\n+44 20 7220 9792\n\n\n\n\n \n\n\n\n\n\n\n\nTavistock (Financial PR)\nNick Elwes\nTara Vivian - Neal\n\n\n+44 20 7920 3150\n \n\n\n\n\n \n \nNotes to Editors\nHelium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences totalling more than 2,964km2 across three distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.\nThe Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country. The assets lie near surface seeps with helium concentrations ranging up to 10.6% He by volume. All Helium One's licences are held on a 100% equity basis and are in clos...