Helium One Global Limited · LSE:HE1
Helium One Global — Non-Deal Roadshow (September 2023)
33 slides from Helium One Global's roadshow presentation, September 2023
Slide 1: Investor Presentation: The primary helium company
The primary helium company Investor Presentation August/September 2023 Lorna Blaisse Chief Executive Officer Strategic resource in an expanding market LSE AIM: HE1 helium-one.com
Slide 2: Disclaimer Statement
Disclaimer Statement The sole purpose of this Introductory document (“Document”) is to provide information on Helium One Global Ltd and its subsidiary companies (“Helium One” or “the Company”). This document is strictly private and confidential and is intended solely for the information of the recip
Slide 3: Company Overview
Company Overview HeliumOne Fundraise Investor Presentation – August/September 2023 3
Slide 4: Corporate Overview
Corporate Overview Helium One Global • Phase II Drilling programme in Rukwa on track for September 2023 • 2021 well (Tai-1/-1A) encountered helium shows at multiple levels and demonstrates working helium system in Rukwa Rift Basin • Recently acquired Epiroc Predator 220 drilling rig, currently being
Slide 5: Helium One Global
Helium One Global High-Grade, Primary Helium Project • Currently operate 2,965 km2 licensed area in Tanzania across three basins • High-grade surface helium seeps up to 10.6% He (& nitrogen as carrier gas) • Experienced team with knowledge of the East Africa Rift System • De-risked Rukwa Basin with
Slide 6: Focused on a 2023 Discovery
Focused on a 2023 Discovery Targeting a Proven Working Helium System at Tai Seismic section illustrating Tai-1/-1A well with multiple helium shows W Tai-1/-1A E Intra Lake Beds TWT Top Karoo Sst TWT Intra Lake Beds Base Lake Beds Tai-C Tai-C Top Karoo Karoo Sst • Well location driven by Phase II inf
Slide 7: The Tai Helium Prospect
The Tai Helium Prospect Tai-C well path • The Tai prospect is a robust, faulted 3-way structure A Tai-C • Bound by deep-seated basement fault; likely conduit for helium migration • Known helium shows encountered at multiple levels in Tai-1/-1A well (2021) • Prospect is located 15 km from known surfa
Slide 8: Second Exploration Well: The Itumbula Helium Prospect
Second Exploration Well The Itumbula Helium Prospect • Opportunity to drill a second, high ranked prospect ahead of wet season at reduced cost due to equipment and crew already mobilised • Prospect downdip to Itumbula surface helium seep, with helium concentrations up to 10.2% and multiple surface h
Slide 9: Helium Pricing Trends
Helium Pricing Trends Global Import Price of Helium • No market price for helium; contract driven Global Average Import Price of Helium (US$/mscf) • Trades in USD at wholesale level • Sales to end users as bulk liquid or bulk gas 400 350 300 Import prices^ in January 2023 were up 39% to US$457/mscf
Slide 10: Operational Readiness
Operational Readiness Preparing for Drilling • Civils work at Tai-C well site complete • Predator 220 rigged up at Tai-C well site and finalising recruitment of drilling crew • Leading energy technology company, Baker Hughes, contracted on wireline, cementing and fluids Rig raised on substructure Ta
Slide 11: Rig Ownership for Targeted Drilling
Rig Ownership for Targeted Drilling Epiroc Predator 220 • Rig ownership enables HE1 to continue drilling in Rukwa Basin without mobilising in another rig • Significant savings made compared to contracting a rig • A compact, truck mounted rig, that is quick to rig up/down • Capable of drilling to dep
Slide 12: Advantages of Drilling Continuity
Advantages of Drilling Continuity Tai-C immediately followed by Itumbula – C SE • Drilling continuity expected to result in efficiencies and cost savings of more than $4 million Full utilisation of minimum contract periods Use ALL existing third-party services Crew familiarity • Demobilisation
Slide 13: 2023 Drilling Programme
2023 Drilling Programme Rukwa Rift Basin 2023 2024 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Rig Rig selected purchased Spud Tai-C Tai-C Rig QC Rig Mob & Civils Assemble Drill Spud Itumbula-C SE Itumbula-C SE Civils Drill Further exploration/appraisal planning Rig move/ rig up HeliumOne Fundra
Slide 14: Use of Proceeds
Use of Proceeds $7.9 million (c. £6.3m) Cashbox Placing to Fund Second Exploration Well • Minimum cashbox placing of $7.9m to provide capital for: Fundraising rationale: A second exploration well (Itumbula-C SE) immediately after Tai-C ($5.65m) Company fully funded for Tai-C Licensing fees ($8
Slide 15: Globally Unique Investment Opportunity
Globally Unique Investment Opportunity Primary Helium Explorer Focused on Tanzanian helium Three project areas in globally strategic Surface helium Rig ownership discovery to Fully focused on primary helium concentrations up enables optionality become one of the Q3 exploration province with to 10.6%
Slide 16: Transaction Timetable
Transaction Timetable Indicative Indicative Transaction Timetable Investors wall-crossed 29th August 2023 Transaction marketing roadshow 30th August – 4th September 2023 Transaction ABB announced 16:30hrs on 4th September Primary Bid announced 16:30hrs on 4th September Transaction ABB & Primary Bid
Slide 17: Investment Summary
Investment Summary Globally Unique HeliumOne Fundraise Investor Presentation – August/September 2023 17
Slide 18: Use of Proceeds
Use of Proceeds $7.9 million (c. £6.3m) Cashbox Placing to Fund Second Exploration Well • Minimum cashbox placing of $7.9m to provide capital for: Fundraising rationale: A second exploration well (Itumbula-C SE) immediately after Tai-C ($5.65m) Company fully funded for Tai-C Licensing fees ($8
Slide 19: Appendix
Appendix Continuing Upside Potential HeliumOne Fundraise Investor Presentation – August/September 2023 19
Slide 20: Board of Directors and Management
Board of Directors and Management Highly Experienced Team Focused on Delivering Success JAMES SMITH LORNA BLAISSE NIGEL FRIEND SARAH COPE RUSSEL SWARTS Non-Executive Chairman Chief Executive Officer Non-Executive Director Senior Independent Non-Executive Director Non-ExecutiveDirector 30 years of ex
Slide 21: Exploration Growth
Exploration Growth Continuing Upside Potential HeliumOne Fundraise Investor Presentation – August/September 2023 21
Slide 22: Helium Play in Tanzania
Helium Play in Tanzania High Grade, Pure Helium Play Helium migrates from parent mineral into pore space and • Research by the University of Oxford calculates 700,000 Bcf fractures helium generated in Tanzanian Craton over 2.5 billion years Released by hot fluid when ancient crust is • Helium is rel
Slide 23: Established Helium System
Established Helium System Active Helium Seeps at Rukwa • Helium-Nitrogen gas occurrence hosted in Pre-Cambrian basement; emplaced by the Tanzanian Craton and the Ubendian Belt, later released by accretion and Stage Petroleum Helium System rifting System • Helium seeps first identified in the Rukwa B
Slide 24: Rukwa Project
Rukwa Project Rukwa Rift Basin Prospectivity • 12 Prospecting Licences held (totalling 1,898 km2) following relinquishment in September 2022 • Multiple hydrothermal springs and surface helium seeps measured up to 10.2% helium • Drilled Tai-1/-1A well in August 2021 with helium shows identified at mu
Slide 25: Development Concept
Development Concept Helium Purification & Liquefaction Plant • Inert gas composition simplifies processing plant design • Modular skid mounted pressure swing adsorption design based on prefabricated components • Expected production capacity of 1.05 mmcf/day helium • Sufficient to fill one 11,000 Gal
Slide 26: Balangida Project
Balangida Project Advancing our Exploration Programme • 1 Prospecting Licence held (259 km2) and renewed in September 2022 • Multiple hydrothermal springs and surface helium seeps up to 10.6% helium • 2016 and 2022 field work undertaken to validate multispectral satellite spectroscopy study • In Q4
Slide 27: Eyasi Project
Eyasi Project Advancing our Exploration Campaign • 3 Prospecting Licences held (807 km2); PL 11136, PL 10705 & PL 10706 (September 2022 renewals) • Surface helium seeps measured up to 4.2% helium • In Q4 2022 undertook a large, PL 11705 4.2% He regional gravity-magnetic study Lake Eyasi with Getech
Slide 28: Business in Tanzania
Business in Tanzania A Very Real Opportunity • Tanzanian Government are receptive to foreign and domestic investment, and contribute to rapid economic growth • President Samia Suluhu Hassan continues to create a business- friendly environment (since March 2021) • Tanzania is one of the fastest growi
Slide 29: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) 2022 Summary • Our ESG projects are linked to operational phases to maximise impacts in the local area • In 2022 Helium One completed five projects in the Rukwa area Meeting with village Chairmen in Rukwa CLOs meeting with Songwe Police Commander • The projec
Slide 30: The Helium Market
The Helium Market Properties, Demand vs. Supply and Pricing HeliumOne Fundraise Investor Presentation – August/September 2023 30
Slide 31: Helium Properties and Usage
Helium Properties and Usage High-Tech, High-Value, High-Growth Applications Demand by sector 2019 vs 2021 • Unique properties for a range of high-tech applications 2021 • Lowest boiling point of any gas (-269°C) • Highest thermal conductivity; essential for semi-conductors 2019 Medical • MRI Scanner
Slide 32: Helium Market: Supply and Demand
Helium Market Supply and Demand • Several contributingfactors to helium shortage • 2019 closure of US federal reserve triggered supply shock • Russia invasion of Ukraine and Linde withdrawal from Amur removed 2.0Bcf (~25%) of future supply • Algeria bypassing LNG process and He recovery - piping dir
Slide 33: Contact us
The primary helium company Contact us Email: info@helium-one.com Telephone: +44 (0) 20 3978 5320 LSE AIM: HE1 helium-one.com
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