Announcement • Jul 28
Helium One Global Ltd Delivers Second Helium Trailer Following First Helium Sale Under Offtake Agreement Helium One Global Ltd. has delivered its second helium trailer, following the first helium sale on 14 July 2026. This trailer was delivered under the Operator's previously announced offtake agreement. Regular trailer exchanges have been scheduled, with new trailers beginning fill upon arrival. The plant has stabilised at current production levels with the Joint Venture's focus on regular helium sales and cash flow generation. Continued increases in helium output are expected toward the plant's full design capacity, driven by planned production work, including debottlenecking the plant and gathering system, drilling additional development wells and deepening of existing wells. The Pinon Canyon Plant has stabilised at current production levels. The Joint Venture's near-term focus is on cash flow generation through regular helium sales. Continued increases in helium output are expected toward the plant's full design capacity in line with planned development work. The Joint Venture is looking at the potential to deepen existing wells to expose more reservoir and further increase flow. Consistent with original development planning, and subject to permit approval, the Joint Venture plans to drill three new wells for tie-in to the Pinon Canyon Plant during Second Half 2026, which are expected to further increase raw gas throughput and helium product output. With regular trailer fills now proceeding on a scheduled basis, Blue Star does not intend to announce each trailer exchange but will continue to announce significant milestones and commercial developments. The initial Galactica wells were tied into first gas in Fourth Quarter 2025, with further wells coming onstream in 2026 for both helium and CO2 production. Announcement • Jul 14
Helium One Global Ltd Sells First Helium from Pinon Canyon Plant Helium One Global Ltd. had the first production tube trailer sold and now left the Pinon Canyon Plant, concluding the early production commissioning and optimisation phase. Pinon Canyon Plant uptime and production fill rates have increased recently, following longer phases of steady-state operation. A new tube trailer under the offtake agreement announced on 4 June 2026 is now on site and being filled. Ongoing helium output growth is expected to be driven by planned production ramp-up, including debottlenecking of the plant and gathering system, drilling of additional development wells and deepening of existing wells to increase flow. Following completion of early production commissioning and optimisation phase, the Pinon Canyon Plant has recently seen substantially increased uptime and longer phases of steady-state operation. It is now demonstrating routine runtime, shut-in and restart cycles more characteristic of the expected long-term operational profile. With the recent acceleration in uptime and helium output, production fill rates have increased significantly, and the first tube trailer under an early production spot sales arrangement has now left site. The second tube trailer (and the first under the 3-month fixed price offtake agreement announced on 4 June 2026) is now on site and being filled. As plant and gathering system refinement continues, and in line with development planning for this stage of ramp-up, the Operator is looking at the potential to deepen existing wells to expose more reservoir and further increase flow. Consistent with original development planning, and subject to permit approval, the Operator plans to drill three new wells for tie-in to the Pinon Canyon Plant during Second Half 2026, which are expected to further increase raw gas throughput and helium product output. The North American helium market continues to exhibit strong pricing fundamentals, driven by sustained, structural demand across high-technology manufacturing sectors, particularly semiconductor fabrication, aerospace engineering, and advanced defence technologies. The global helium market continues to be affected by structural supply chain disruptions, rationing and surcharges, particularly resulting from prolonged instability in Middle Eastern supply routes, which has materially increased demand for reliable, US-sourced domestic supply. Announcement • May 02
Helium One Global Limited Announces Board Changes Helium One Global announced the appointment of Clive Carver as Non-Executive Chairman with immediate effect (29 April 2026). James Smith has decided to step down from his role as Non-Executive Chairman. James has been on the Board of Helium One since its IPO in 2020 as a Non-Executive Director, and as Non-Executive Chairman since August 2023. During James' tenure as a Director and Chairman, he has overseen a period of significant achievement for the Company, including its successful listing on AIM to the first helium discovery in Tanzania at the Company's southern Rukwa Helium Project, the award of Tanzania's first helium mining licence and the Company's farm in to the Galactica-Pegasus helium development project in the US. Clive is an experienced public company non-executive director and chairman, having been chairman of a number of AIM companies in recent years, with direct experience in, amongst others, the oil & gas, oilfield services and mining sectors. Clive is currently Chairman of AIM listed Caspian Sunrise plc and Built Cybernetics plc. Clive is a fellow of the Institute of Chartered Accountants in England and Wales (FCA) and was for 30 years a fellow of the Association of Corporate Treasurers (FCT). While working in the UK broking industry Clive gained more than 15 years' experience as a Qualified Executive under the AIM Rules where he ran the Corporate Finance departments of several of the larger and more active Nominated Adviser firms. Clive Nathan Carver, aged 65. Current directorships and partnerships: Caspian Sunrise PLC; Built Cybernetics; Satsuma Technology plc; Eragon Petroleum Limited; Eragon Petroleum FZE; Past directorships and partnerships held within the last 5 years: Airnow Limited; Airnow TCX Limited; Airnow Media Limited; Labcave Ltd; Fairfax Close Management Limited; BNG Energy Limited; Elk Associates LLP; Elk Corporate Services Limited. Airnow Limited entered into a company voluntary arrangement on 9 October 2023, 11 months after Clive resigned as a director on 25 November 2022. 
