15 December 2025
Helium One Global Ltd
("Helium One" or the "Company")
Results of Annual General Meeting
Helium One Global (AIM: HE1), the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, announces that at the Company's AGM held earlier today, all resolutions were carried. Proxy votes for the resolutions are detailed below:
|
For |
Against |
Withheld |
|
|
Resolution 1 |
670,510,825 |
769,141 |
324,844 |
|
Resolution 2 |
669,948,514 |
1,328,008 |
328,288 |
|
Resolution 3 |
645,372,917 |
15,774,903 |
10,456,990 |
|
Resolution 4 |
654,964,776 |
13,315,878 |
3,324,156 |
|
Resolution 5 |
648,202,442 |
21,336,090 |
2,066,278 |
For further information please visit the Company's website: www.helium-one.com
|
Helium One Global Ltd |
+44 20 7920 3150 |
|
Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director |
|
|
Panmure Liberum Limited (Nominated Adviser and Joint Broker) Scott Mathieson Phoebe Bunce |
+44 20 3100 2000 |
|
Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell |
+44 20 3829 5000 |
|
Tavistock (Financial PR) Nick Elwes Saskia Sizen |
+44 20 7920 3150 |
Notes to Editors
Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA. The Company holds helium licenses within two distinct helium project areas, across two continents. With an expanding global footprint, the Company has the potential to become a strategic player in resolving a supply-constrained helium market.
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 5.5% helium continually to surface in Q3 2024.
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 50% working interest in the Galactica-Pegasus helium development project in Las Animas County, Colorado, USA. This project is operated by Blue Star Helium Ltd (ASX: BNL) and has successfully completed a six well development drilling campaign in H1 2025. The completion of the development programme is a key component of the broader Galactica-Pegasus development strategy; aimed at progressing the helium and CO2 discoveries to near-term commercial production.
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 3.3% He) and CO2 concentrations in the target formation and demonstrating promising flow potential. The next steps will see the Galactica wells tied into initial production in Q4 2025.