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Noble Helium Limited (ASX:NHE)
ALERT: Price-sensitive ASX Announcement for NHE
Current share price for NHE : $0.030 0.002 (7.14%)+
Release
21 Aug 2026 8:03AM
Price at Release
$0.028
Full Release
Summary
Noble Helium Limited announced a binding agreement to acquire Earth Source Hydrogen Limited (ESH), expanding its helium exploration portfolio in Western Australia. This acquisition includes ESH's special prospecting authorities in the Southern Carnarvon Basin, amounting to approximately 40,000 square kilometers. The deal involves issuing shares of Noble Helium to ESH's shareholders, directors, and loan noteholders. The acquisition is intended to strengthen Noble Helium's global helium project portfolio alongside its Tanzania initiative. Completion of the acquisition is set for 7 September 2026, subject to due diligence and shareholder approvals.
Key Points
- Noble Helium to acquire Earth Source Hydrogen Limited
- Acquisition includes significant helium prospective acreage in Western Australia
- ESH holds special prospecting authorities in Southern Carnarvon Basin
- Acquisition involves issuing new Noble Helium shares
- Completion aimed for 7 September 2026, subject to conditions
- Enhances Noble Helium's international helium exploration portfolio
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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