The Helium One Global Ltd (LON: HE1) share price edged 3.31% lower after announcing several board changes. The company noted that Robin Birchall has decided to immediately step down from his Non-Executive Director position to focus on other commitments.
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The primary helium exploration company added that Russel Swarts, the current Finance Director, would immediately step down from his executive role but remain a Non-Executive Director of the Company.
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Helium One also announced that it immediately appointed Graham Jacobs as Financial and Commercial Director. Graham is expected to join the company’s board after completing the requisite due diligence process.
Graham has been working closely with the Helium One team and Lorna Blaisse since January 2022 on contracting and commercial matters and played a crucial role in the recent acquisition of the company’s drill rig.
Graham has over 30 years of experience as a financial and commercial executive in the natural resources sector. He has extensive oil and gas industry expertise, having held many senior positions at Addax Energy, Dragon Oil plc, Oryx Petroleum, and PanOcean Energy.
James Smith, Chairman of Helium One, commented: “I would like to thank Robin for his time and commitment to his role at Helium One over the last three years and wish him every success in his future endeavours. I would also like to thank Russel for his valuable contribution in the Finance Director role, and I am delighted that he has agreed to remain on the Board as a Non-Executive Director.”
“I am also very pleased that Graham has agreed to join the team on a permanent basis in the role of Financial and Commercial Director. He is well known to the team and in the past year has contributed significantly to the Company's ongoing operational activities. I have no doubt he will be hugely valuable member of the team during the Company's next phase of its development as well as in the lead up to the spudding of Tai-C in September.”
Helium One (HE1) share price.
The Helium One share price edged 3.31% lower to trade at 8.75p, from Thursday’s closing price of 9.05p.
YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY.