Result of AGM

Summary by AI BETAClose X

Helix Exploration PLC announced that all resolutions were passed at its Annual General Meeting held on May 28, 2026. The company is advancing the Rudyard Helium Project in northern Montana, which has four production wells targeting up to 236ft Helium/Nitrogen gas, flowing up to 3,800 Mcf/day at 1.2% helium. The Rudyard field has the potential to generate net revenue of $115 million to $220 million over its 12.5-year life.

Disclaimer*

Helix Exploration PLC
29 May 2026
 

29 May 2026

 

Helix Exploration PLC


("Helix Exploration" or "Helix" or the "Company")

 

Result of AGM

Helix Exploration PLC (AIM: HEX, OTCQB: HEXFF), the helium exploration and development company advancing the Rudyard Helium Project ("Rudyard") in northern Montana, announces that at the Annual General Meeting ("AGM") of the Company held on 28 May 2026, all resolutions were duly passed.

 

Directors of the Company are responsible for the release of this announcement.

 

Enquiries

Helix Exploration

Bo Sears

via Camarco

Keith Spickelmier

info@helixexploration.com



Cairn - Nominated Adviser

Liam Murray

+44 (0)20 7213 0880

Ludovico Lazzaretti


James Western


 

Hannam & Partners Brokers

Neil Passmore

+44 (0)20 7907 8502


Leif Powis



Camarco - Financial PR

Tilly Butcher

+44 (0)20 3757 4980

Sam Morris

helixexploration@camarco.co.uk

 

Notes to Editors

Helix Exploration is a helium exploration company focused on the exploration and development of helium deposits within the 'Montana Helium Fairway'. Founded by industry experts with extensive experience of helium systems in the US, the Company listed in April 2024.

Helix is focused on production at its Rudyard Project in northern Montana, taking advantage of existing infrastructure and low-cost processing. The Company has four production wells targeting up to 236ft Helium / Nitrogen gas in the Souris and Red River formations, flowing up to 3,800 Mcf/day at 1.2% helium. Rudyard field can support multiple production wells and has potential to generate net revenue of $115 - $220 million over a 12.5 year life of field.

Helix is committed to open and transparent communication with investors and the wider market as the project progresses through development into production.

"Our approach is simple: build scale efficiently, develop resources strategically, and deliver near-term cash flow." CEO - Bo Sears

The Company's Admission Document, and other information required pursuant to AIM Rule 26, is available on the Company's website at https://www.helixexploration.com/.

 

 

 

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