Rift Helium float on AIM
April 2026
Rift Helium plc is an England and Wales incorporated company which owns 99%. of the Upepo Project located in southwestern Tanzania, via its wholly owned subsidiary, Kidunda.
The Group’s purpose is to actively pursue the exploration, commercial development and monetisation of a discovery-ready, non-hydrocarbon associated helium rich gas within the Great Rift Valley.
The Upepo Project comprises three Prospecting Licences located near the southern shores of Lake Rukwa, Tanzania, and within the Rukwa Rift – forming part of the extensive East Africa Rift System extending for 5,000 km across the continent. The Company has identified five discrete exploration “leads”, primarily on its eastern licence, PL 12093/2022, which is less than 6 km east of the Itumbula helium discovery.
Admission to trading on AIM
On 22nd April 2026, admission and the first day of dealings commenced by way of a Placing and Subscription of 80,855,000 New Ordinary Shares at 10 pence each raising gross proceeds of £8.1 million.
The Perivan shareholder communications team was delighted to work with Strand Hanson who acted as Nominated and Financial Adviser on the successful production and publication of the 155-page admission document.
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