Proactive Investors - Finance
04 Jun 2026, 10:42 UTC · 2h ago
Helium One boosted by gas offtake deal with large, multi-billion-dollar mkt-cap customer
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Proactive Investors - Finance
04 Jun 2026, 10:42 UTC · 2h ago
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Story key points
4 claims · impact-rated
Helium One Global's Galactica Project secured its first formal helium offtake commitment with a multi-billion dollar US industrial gases corporation. — Securing a formal contract with an investment-grade buyer validates the commercial viability of the project and provides a reliable revenue bridge.
+0.70Helium One Global Ltd has raised £3.5 million to fund the continued development of its Colorado helium project. — Additional liquidity reduces immediate solvency risk and ensures the project can proceed toward full-scale production.
+0.50The Pinon Canyon Plant has switched to round-the-clock operations with six wells currently tied in. — Transitioning to 24/7 operations indicates a move from testing/commissioning toward full commercial production capacity.
+0.40Continue reading
6 related stories
Blue Star Helium is in advanced discussions regarding the commercialization of co-produced CO2. — This represents a potential secondary revenue stream, although it is currently speculative and not yet contracted.
+0.20Ticker attribution
Model heads
Shares rose 11% following the announcement of the first formal helium offtake commitment for its Galactica Project.
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