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Helium One Global Ltd Announces Unaudited Interim Results
Unaudited Interim Results for the Six Months ended 31 December 2024 LONDON, GB / ACCESS Newswire / March 21, 2025 / Helium One Global Limited (AIM:HE1), the primary helium explorer, is pleased to announce its unaudited condensed and consolidated results ...
About this update from Helium One Global Limited
[{"type":"text","content":"Unaudited Interim Results for the Six Months ended 31 December 2024","length":67,"tagName":"p"},{"type":"text","content":"LONDON, GB / ACCESS Newswire / March 21, 2025 / Helium One Global Limited (AIM:HE1), the primary helium explorer, is pleased to announce its unaudited condensed and consolidated results for the six months ended 31 December 2024, in addition to providing an update on progress across the Company's projects in Tanzania and the USA.","length":334,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Successful completion of the extended well test on Itumbula West-1 which successfully flowed up to 7.9% helium to surface.","length":122,"tagName":"p"}]},{"val":[{"type":"text","content":"Submission of a comprehensive Mining License ("ML") application on the southern Rukwa Helium Project to the Ministry of Minerals ("MoM").","length":157,"tagName":"p"}]},{"val":[{"type":"text","content":"Purchase of a 50% legal and beneficial interest in ASX-listed Blue Star Helium's Galactica-Pegasus project in Colorado, USA.","length":128,"tagName":"p"}]},{"val":[{"type":"text","content":"Net cash balance at 31 December 2024 of $10,021,699","length":51,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":458,"olType":false},{"type":"text","content":"Post half year-end","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Commencement of the initial six well development drilling programme at the Galactica-Pegasus helium project in Las Animas County, Colorado.","length":139,"tagName":"p"}]},{"val":[{"type":"text","content":"On 28 February 2025, theCompany received an offer letter for the requested ML from the Mining Commission in Tanzania for the grant of an ML for the southern Rukwa Helium Project.","length":178,"tagName":"p"}]},{"val":[{"type":"text","content":"Jackson-4 development well at the Galactica Pegasus Project spudded and operations ongoing.","length":91,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":408,"olType":false},{"type":"text","content":"James Smith, Chairman of Helium One commented:","length":46,"tagName":"p"},{"type":"text","content":""This has been a very exciting and significant period for the Company. In Tanzania, we undertook a successful ...