Business
Helium One Global Ltd Announces Result of Oversubscribed WRAP Retail Offer
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, ...
About this update from Helium One Global Limited
[{"type":"text","content":"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.","length":432,"tagName":"p"},{"type":"text","content":"THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.","length":357,"tagName":"p"},{"type":"text","content":"Result of Oversubscribed WRAP Retail Offer","length":42,"tagName":"p"},{"type":"text","content":"LONDON, UK / ACCESS Newswire / August 7, 2025 / Helium One Global Ltd (AIM: HE1), the primary helium explorer in Tanzania, with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, is pleased to confirm, further to the announcements made on 5 August 2025 and 6 August 2025, the result of the WRAP Retail Offer at the Issue Price of 0.54 pence per share. The WRAP Retail Offer was oversubscribed, and the Company announces that it has raised aggregate gross proceeds of approximately £1 million. Accordingly, the Company will issue a total of 185,185,185 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer.","length":667,"tagName":"p"},{"type":"text","content":"Lorna Blaisse, Chief Executive Officer, commented:","length":50,"tagName":"p"},{"type":"text","content":""We are very pleased to have been able to include our retail shareholders via the WRAP and are delighted with the response that we have received, given that it was oversubscribed to the extent that it closed early. I'd like to thank our existing shareholders who remain committed to the Company and see the potential that the Board has always believed to be integral to our projects.","length":392,"tagName":"p"},{"type":"text","content":"This is a very exciting time for Helium One as the Company moves away from being an explorer tow...