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Helium One advances Tanzania project, targets 2025 operations, delists from U.S. OTCQB.
Helium One Global Ltd advanced its Southern Rukwa Helium Project in Tanzania with a new ESP purchase agreement and site work for water disposal, targeting ESP operations by late 2025 to boost flow rates and data collection.
The company relinquished two expired prospecting licenses and now focuses on its newly awarded 480km² mining license.
It plans to delist from the U.S. OTCQB market by September 30, 2025, citing low trading volume and high costs, while keeping its primary listing on the London AIM market.
The project, confirmed by a 5.5% helium flow in 2024, continues development, and the company maintains a 50% stake in a Colorado helium project with completed drilling.
Helium One avanza en el proyecto de Tanzania, tiene como objetivo las operaciones de 2025, se retira de la OTCQB de Estados Unidos.