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Helium One mark 'strong day for first day of trading' on AIM

Helium One Global Ltd's (LON:HE1) David Minchin joins Proactive London following it's listing debut on AIM.

Minchin says it was a 'strong day for first day of trading', at a large premium to last month’s placing price.

Moving forward he says there are 'lots of catalysts on the horizon for news flow', as they scale up production at their main asset, the Rukwa project, a helium project in Tanzania which is estimated to be one of largest projects of its type in the world.

Helium One raised £6mln through an oversubscribed share placing with institutional and other investors paying 2.84p per share.

Quick facts: Helium One Global Ltd

Price: 6.8 GBX

AIM:HE1
Market: AIM
Market Cap: £33.98 m
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Helium One Global update on the 'countdown to drilling' with 'everything on...

Helium One Global Ltd's (LON:HE1) David Minchin provides our Proactive audience with an update on the seismic exploration programme at the Rukwa project in Tanzania. Mobilisation of the survey and line-clearing crews has begun and everything is 'progressing on time and on schedule'. The...

10 hours, 43 minutes ago

2 min read