Energy News Today

Helium One raise £10m to fast-track development of Rukwa project in Tanzania

‘s () David Minchin talks to Proactive London about the £10mln raised through an oversubscribed subscription and placing at 10p per share.

Proceeds will be used for fast-tracking the Rukwa project in Tanzania and to keep equipment in the field for appraisal work after a drilling programme completes.

Minchin says ‘now was the time for us to pull that trigger’ to also be able to carry out seismic studies over any discovery to maximise conversion to reserves and allow the field appraisal programme to be completed by the end of 2021.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is…

In exchange for publishing services rendered by the Company on behalf of Helium One Global Ltd named herein, including the promotion by the Company of Helium One Global Ltd in any Content on the Site, the Company…

FOR OUR FULL DISCLAIMER CLICK HERE

Read More: Helium One raise £10m to fast-track development of Rukwa project in Tanzania

2021-04-16 06:27:00

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
%d bloggers like this: