# Helium One appoints Liberum Capital as NOMAD and Joint Broker

- Link: https://www.directorstalkinterviews.com/helium-one-appoints-liberum-capital-as-nomad-and-joint-broker/4121053956
- Published: 2022-02-21T07:12:14+00:00
- Author: Giles

**Helium One Golbal** ([LON:HE1](https://www.directorstalkinterviews.com/company/helium-one-global/he1.l))
has today announced the appointment of Liberum as the Company’s Nominated Adviser
and joint broker effective immediately. 

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.

The company 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
3,448km^(2) 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.

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