Notice of Annual General Meeting

RNS Number : 0627C

Helium One Global Ltd

18 February 2022

 

18 February 2022

Helium One Global Ltd

("Helium One" or "the Company")

Notice of Annual General Meeting

Helium One Global (AIM: HE1), the primary helium explorer, confirms that the Company's Annual General Meeting ("AGM") will be held at 4:00 p.m. GMT on 14 March 2022 at the offices of Hill Dickinson LLP at 8th Floor, The Broadgate Tower, 20 Primrose Street, London, EC2A 2EW. The Notice of AGM details a number of resolutions proposed by the Company's Board of Directors (the "Board"), a proxy form or form of instruction for you to complete and explanatory notes which contain information on the resolutions to be proposed at the AGM have been posted to Shareholders today.

Attendance and voting

Following the easing of COVID-19 restrictions in the UK, it is expected that Shareholders will be able to attend the AGM in person this year. However, the Company strongly suggests that shareholders do not attend in person. If Shareholders do wish to attend the AGM it is kindly requested that they carry out a lateral flow test prior to attending the meeting and adhere to social distancing measures and wear a face covering (unless exempt). Please note that this is subject only to the UK Government not announcing any social distancing restrictions prior to the AGM. 

Alternatively, Shareholders may remotely attend and submit written questions by webinar ("AGM Webinar"), per the instructions detailed below, which will be recorded and be made available on the Company's website.

The directors will provide a business update to shareholders and answer relevant questions at the beginning of the AGM, after which the formal business as set out in the Notice of AGM will be considered.

Given the continuing uncertainty, Shareholders are strongly encouraged to submit a proxy vote in advance of the AGM. In light of the current circumstances you are strongly encouraged to use your right to appoint the Chair of the AGM as your proxy to attend the meeting and vote on your behalf. Please vote online at www.investorcentre.co.uk/eproxy or by filling in the Form of Proxy or the Form of Instruction sent with this Notice and returning it by post to the Company's Registrars as soon as possible at c/o The Pavilions, Bridgwater Road, Bristol, BS99 6ZY. The Registrars must  receive your Form of Proxy by 4.00 p.m. on 10 March 2022 and your Form of Instruction by 10.00 a.m. on 9 March 2022. For instructions on proxy voting, please  see the notes to the Notice of AGM for information on pages 5 to 7.

The results will be announced via a Regulatory News Service and on the Company's website as soon as practicable following the AGM.

AGM Webinar

Shareholders are encouraged to attend the AGM virtually by signing into the AGM Webinar, which will be hosted by the Investor Meet Company platform. Please register attendance on the following link: https://www.investormeetcompany.com/helium-one-global-ltd/register-investor and the AGM Webinar details will be sent to you nearer the AGM date.

The Company strongly encourage Shareholders to participate in the AGM by submitting any questions on the business of the AGM and resolutions via the Investor Meet Company dashboard up until 9am the day before the AGM or at any time during the AGM Webinar. The Company will answer questions at the AGM and also publish the questions and answers on the Company's website after the meeting.

For further information please visit the Company's website: www.helium-one.com

Additional director appointment details

The Company also announces the following additional appointment details in respect of certain directors, which are additional to those details already published in the admission document dated 13 November 2020. There are no further disclosures pursuant to Schedule Two (g) of the AIM Rules in respect of these additional appointments.

David Minchin:

Former directorships:

-  Private Company Discovery Ventures Kazakhstan Ltd

-  Discovery Ventures Kazakhstan Ltd

James Smith :

Former directorship:

-  Caram Energy (Offshore) Limited

Russel Swarts :

Current directorship:

-  Danlas Consulting Pty Ltd (formerly known as Sizimisele Management Solutions Pty Ltd)

Former directorships:

-  CRV Computing (Pty) Ltd (formerly known as Agriminco South Africa (Pty) Ltd)

-  Process Application Systems (Pty) Ltd (formerly known as Abraxas Designs (Pty) Ltd)

-  Leafy Lane Home Owners Association NPC.

Contact

Helium One Global Ltd David Minchin, CEO	[phone]
Beaumont Cornish Ltd (Nominated Adviser) James Biddle Roland Cornish	[phone]
Canaccord Genuity Limited (Joint Broker) Adam James	[phone]
Peterhouse Capital Limited (Joint Broker) Lucy Williams	[phone]
Tavistock (Financial PR) Nick Elwes Tara Vivian-Neal	[phone]

Notes to Editors

Helium One was founded in September 2015 to explore, develop, and ultimately, become a producer of low-carbon helium, a critical material that is essential in many modern technologies.

Helium One has identified a globally unique, large-scale, high-grade, primary helium project in Tanzania with the potential to become a strategic asset in resolving a supply-constrained market.

Helium One's assets are located within the rift basins on the margin of the Tanzanian Craton.  The Company has secured 18 Prospecting Licences covering more than 4,512 km² in three distinct project areas: the Rukwa, Balangida and Eyasi projects. These are located near surface seeps with helium concentrations ranging up to 10.6% He by volume.

The Company's flagship Rukwa Project is located within the Rukwa Rift Basin covering 3,448km² in south-west Tanzania.  The project is considered to be an advanced exploration project with a portfolio of leads and prospects defined by high-resolution gravity gradiometry, and modern and historic 2D seismic. The Rukwa Project has been de-risked by the 2021 drilling campaign, which identified reservoir and seal with multiple prospective intervals from basin to near surface within a working helium system. 

SRK Consulting have reported a 'Best Estimate' Un-risked Prospective Resource of 138 Bcf (2U/P50) for the Company's Rukwa Project, meaning that the project has potentially strategic global implications with the ability to significantly resolve helium supply/demand issues.

All Helium One's licences are held on a 100% equity basis and are in close proximity to the required infrastructure.

Helium One is listed on the AIM market of the London Stock Exchange with the ticker of HE1 and on the OTCQB in the United States with the ticker HLOGF.

 

END

 

 

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