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Helium One Limited looks to raise $5M to fund its Tanzania-based helium project

Helium One Limited Managing Director Ian Stalker tells Proactive the helium development company is looking to fund its drilling program in Tanzania to begin drilling in the second half of 2020.

Stalker says while plans to list on the Australian Securities Exchange has been shifted due to the coronavirus pandemic, it will look to at a range of options to help it to raise $5 million to begin work at 5 different targets within its project site in Tanzania.

Quick facts: Helium One Global Ltd

Price: 7.85 GBX

Market: AIM
Market Cap: £39.01 m

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