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Helium One mark ‘strong day for first day of trading’ on AIM

‘s () 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.

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2020-12-07 04:18:00

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