CatalystWireBeta

Company Update

In brief · summary, not quotable

Rift Helium plc has provided a company update following its admission to AIM on April 22, 2026, and a market opening ceremony at the London Stock Exchange on May 21, 2026. The company's management visited Tanzania to advance in-country relationships and discuss responsible exploration with government officials, noting the anticipated inclusion of helium on Tanzania's Critical and Strategic Minerals list. Rift Helium also met with Forward Motion, a local NGO, to reinforce its commitment to community engagement and sustainable development in its operational areas in southwest Tanzania.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your RIFT notes

Rift Helium plc (AIM: RIFT), focused on the exploration and development of primary helium in a proven basin in southwest Tanzania, is pleased to provide the following company update to shareholders.

London Stock Exchange Opening Ceremony

Further to the Company's admission to trading on AIM on 22 April 2026, Rift was pleased to take part in the opening ceremony at the London Stock Exchange on Thursday, 21 May 2026. The ceremony was attended by Rift's management team, Board of Directors, key advisers, and the Tanzanian High Commissioner, His Excellency Ambassador Mbelwa Brighton Kairuki, who came together to celebrate this important milestone in Rift's story as a publicly listed company.

Image 1: Rift Helium's Market Open Ceremony at the London Stock Exchange

Tanzania Country Visit

Earlier this month, Chief Executive Officer, Charles FitzRoy, and Non-Executive Chairman, Patrick Muwowo, travelled to Dodoma, Tanzania, to advance the Company's in-country relationships as Rift progresses its funded work programme at the Upepo Project.

During the visit, the Company held constructive meetings with government ministers and senior officials, most notably from Tanzania's Ministry of Minerals. Discussions focused on responsible exploration, investment into Tanzania, the regulatory environment for helium exploration, and Rift Helium's long-term commitment to working constructively with government and local stakeholders.

Image 2: Rift Helium's meeting with Tanzania's Ministry of Minerals Left to Right: Terence T. Ngole (Assitant Commissioner for Minerals, Ministry of Minerals), Patrick Muwowo (Rift Helium), Msafiri Mbibo (Deputy Permanent Secretary, Ministry of Minerals), Charles FitzRoy (Rift Helium), Venosa Ngowi (Senior Geologist)

The Company also notes the recent announcement by Hon. Anthony Mavunde, Tanzania's Minister for Minerals, in Parliament that helium is to be included on Tanzania's new Critical and Strategic Minerals list, which is expected to be officially published shortly. This is a positive development for Tanzania's emerging helium sector and further supports the country's potential to play a meaningful role in the global helium supply chain.

Rift's management team also met with Vivienne Sirikwa, founder of Forward Motion, a Tanzanian non-governmental organisation. The meeting highlighted the Company's commitment to community engagement and sustainable development in its areas of operation. Rift Helium recognises the importance of working alongside local communities and will continue to seek partnerships that create long-term benefits for host communities.

Image 3: Rift Helium's meeting with Forward Motion Left to Right: Patrick Muwowo (Rift Helium), Vivienne Sirikwa (Co-Founder & Executive Director, Forward Motion), Charles FitzRoy (Rift Helium)

Charles FitzRoy, Director & CEO of Rift Helium, commented:

"It was an honour to open the London Stock Exchange yesterday and for Rift to take part in the market opening ceremony. Our recent admission to AIM is a key step forward for the Company, providing the platform to progress our funded exploration programme at the Upepo Project as we look to apply our third-mover advantage in Tanzania's proven Rukwa Basin.

"Our recent visit to Tanzania was highly encouraging. Engaging directly with government ministries and senior officials reinforced our confidence in Tanzania's commitment to developing its helium resources responsibly and its ambition to become an important player in the global helium supply chain. The proposed inclusion of helium within the country's new Critical and Strategic Minerals list further underlines the growing recognition of helium's strategic importance.

"During the visit, our meeting with Forward Motion was also important and reflects our commitment to ensuring that our activities contribute positively to local communities and that Rift Helium develops its projects in a responsible and sustainable manner.

"We look forward to providing further updates as we continue to advance our key workstreams across our operations".

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note