Helium One Global Ltd (AIM: HE1) Result of Oversubscribed WRAP Retail Offer

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.

Lorna Blaisse, Chief Executive Officer, commented:

“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.

This is a very exciting time for Helium One as the Company moves away from being an explorer towards becoming an established helium producer; with first gas planned for later this year from our non-operated helium-CO₂ project in Colorado with Blue Star Helium. In addition, we are now funded to push ahead with our ESP operations and developing our southern Rukwa project further. We look forward to the formal signing ceremony for the Mining Licence with the Government of Tanzania which is expected to take place in due course.”

Admission and Total Voting Rights

Applications have been made for the WRAP Retail Offer Shares to be admitted to trading on AIM (“Admission”). Admission is expected to become effective on or around 11 August 2025.

Upon Admission, the Company’s issued ordinary share capital will consist of 6,404,091,962 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 6,404,091,962. With effect from Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

The new Ordinary Shares to be issued pursuant to the WRAP Retail Offer will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the new Ordinary Shares to be issued pursuant to the Placing, the Subscription and the Company’s existing Ordinary Shares.

Terms used but not defined in this announcement have the same meaning as set out in the Company’s announcement released at 16:31 BST on 5 August 2025.

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