Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) said its 50%-owned Galactica Project has secured its first formal helium offtake commitment, giving the Colorado development a commercial bridge from early production to longer-term sales arrangements. The AIM-listed company said operator Blue Star Helium has entered a three-month purchase and sales agreement with a major US industrial gases buyer for all helium produced at the Pinon Canyon Plant.
Helium One boosted by gas offtake deal with large, multi-billion-dollar mkt-cap customer
Source: Proactive Investors