Helium One raises £5m after oversubscribed retail offer boosts AIM funding

Helium One Global Limited ( (GB:HE1) ) has issued an announcement.

Helium One Global has completed an oversubscribed WRAP retail offer at 0.6 pence per share, increasing the size of the offer to partially meet strong retail demand and raising £1.5m through the issue of 250m new ordinary shares. Together with an earlier subscription, the company has secured total gross proceeds of about £5m and will have 10,155,492,215 shares in issue once the new shares are admitted to trading on AIM, modestly diluting existing holders but strengthening its funding base for ongoing helium exploration and development.

Applications have been made for admission of both the fundraise and retail offer shares to trading on AIM, with effectiveness expected on or around 31 March 2026. The new shares will carry full voting rights, rank pari passu with existing stock, and provide Helium One with additional capital that supports its operational plans in Tanzania and Colorado, underlining continuing retail investor confidence in its helium-focused growth strategy.

The most recent analyst rating on (GB:HE1) stock is a Hold with a £0.62 price target. To see the full list of analyst forecasts on Helium One Global Limited stock, see the GB:HE1 Stock Forecast page.

Spark’s Take on HE1 Stock

According to Spark, TipRanks’ AI Analyst, HE1 is a Neutral.

The score is primarily held down by weak financial performance—no meaningful revenue, ongoing losses, and persistent cash burn that implies continued funding risk. Technicals are somewhat supportive but not strong, showing mild longer-term strength with neutral momentum. Valuation is constrained by negative earnings (negative P/E) and no dividend yield support in the provided data.

To see Spark’s full report on HE1 stock, click here.

More about Helium One Global Limited

Helium One Global Ltd is an AIM-listed natural resources company focused on helium exploration and development. It operates as the primary helium explorer in Tanzania and holds a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, targeting strategic supply in a specialty gas market.

Average Trading Volume: 138,303,010

Technical Sentiment Signal: Hold

Current Market Cap: £58.45M

See more insights into HE1 stock on TipRanks’ Stock Analysis page.