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Result of AGM

4th Nov 2026 12:45

RNS Number : 8312B
Mendell Helium PLC
04 November 2026
 

Mendell Helium plc

 

("Mendell Helium" or the "Company")

 

Result of AGM

 

The Annual General Meeting of the Shareholders of Mendell Helium was held today at 10.30 am (UK) at Edinburgh Printmakers, Castle Mills, 1 Dundee Street, Edinburgh, EH3 9FP. The Company is pleased to confirm that all resolutions were duly passed.

 

Full details of the poll results are set out below:

 

Resolution

For

Against

Discretion to Chairman

Withheld

Total

01

75,395,467

730,627

Nil

Nil

76,126,094

02

71,448,437

3,977,210

Nil

700,447

76,126,094

03

69,261,821

6,163,826

Nil

700,447

76,126,094

04

70,988,819

878,940

Nil

4,258,335

76,126,094

05

69,443,580

3,958,982

Nil

2,723,532

76,126,094

06

72,266,130

1,021,629

Nil

2,838,335

76,126,094

07

74,331,489

890,626

Nil

903,979

76,126,094

08

74,571,794

1,483,853

Nil

70,447

76,126,094

09

75,276,266

730,626

Nil

119,202

76,126,094

10

71,646,193

2,821,890

Nil

1,658,011

76,126,094

11

69,256,285

5,741,798

Nil

1,128,011

76,126,094

12

74,519,760

1,606,334

Nil

Nil

76,126,094

 

The number of shares in issue at 6:30 p.m. (UK) on 3 November 2026 was 357,930,937. The Company does not hold any shares in treasury.

 

ENDS

 

Engage with the Mendell Helium management team directly by asking questions, watching video
summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor
website here: https://mendellhelium.com/link/PKa6Ve

 

Enquiries:

Investor questions on this announcement

We encourage all investors to share questions

on this announcement via our investor website

 

https://mendellhelium.com/s/a6a55a

Mendell Helium plc

Nick Tulloch, CEO

 

Via our website

[email protected]

Cairn Financial Advisers LLP (Nominated Adviser)

Ludovico Lazzaretti / Liam Murray

 

Tel: +44 (0) 20 7213 0880

SI Capital Limited (Broker)

Nick Emerson

 

Tel: +44 (0) 1483 413500

Fortified Securities

Guy Wheatley

 

Tel: +44 (0) 203 4117773

 

CREST Corporate Broking

Jerry Keen

 

Tel: +44 (0) 20 3973 3678

AlbR Capital Limited

Gavin Burnell / Colin Rowbury / Jon Belliss

 

Tel: +44 (0) 207 4690930

 

Spire by St Brides (Public & Investor Relations)

Alan Green

Tel: +44 (0) 20 7236 1177

 

 

Overview of Mendell Helium

 

Mendell Helium is a helium producer in Kansas, USA where it operates through its wholly owned subsidiary M3 Helium.

 

M3 Helium's flagship well, Rost 1-26, is in Fort Dodge, just to the east of Dodge City, Kansas. It has been tested as containing 5.1% helium composition and a drill stem test yielded a maximum flow rate of approximately 2,900 Mcf per day. Water removed from Rost 1-26 is delivered to Brobee, a nearby disposal well that has been permitted at 10,000 barrels of water per day at 1,200 psi. Production at Rost 1-26 commenced in early November 2025 and the most recently recorded flow rate in December 2025 was 250 Mcf per day equating to approximately $1.4 million of helium per year (at $300/Mcf helium).

 

M3 Helium has subsequently drilled a second well, Rost 2-26, which is currently being de-watered and early results have been encouraging. In particular Rost 2-26 has reported a helium composition of 11.5%. It also owns additional leases in the Fort Dodge area capable of supporting up to eight new production wells. M3 Helium has also agreed a joint venture with Ritchie Exploration, Inc. to recomplete the Schneweis Ventures 13A, a well with a drill stem test of over 10,000 Mcf per day and a historic flow rate of 300 Mcf per day. Since coming back on line, the well has recorded peak flow rates of up to 700 Mcf per day, although rates have been variable during de-watering.

 

At the Rost wells in Fort Dodge, M3 Helium treats the raw gas on site to concentrate the helium and has leased two tube trailers which it uses for deliveries to its offtaker.

 

M3 Helium also has interests in five producing wells (Peyton, Smith, Nilson, Bearman and Dimmitt) within the Hugoton gas field in South-Western Kansas, one of the largest natural gas fields in North America. Significantly these wells are in the proximity of a gathering network and the Jayhawk gas processing plant meaning that producing wells are all tied into the infrastructure.

 

 

 

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END
 
 
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