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Posted by
Two Blokes Jun 11 -
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LONDON, UNITED KINGDOM / ACCESS Newswire / June 11, 2025 / Helium One Global (AIM:HE1), the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, provides the following update on the current status of the award of the Mining License in Tanzania. Highlights Negotiation of Regulatory Framework Agreements being finalized Government free carried interest agreed at 17% Joint Venture company to be incorporated as Songwe Helium Ltd Execution of all documents and formal award of Mining License ("ML") to be completed shortly James Smith, Non-executive Chairman of Helium One, commented: "This is a pivotal period in the Company's increasing maturity and growth.
