Noble Helium leadership changes overview

Noble Helium Limited (ASX: $NHE) has announced significant leadership changes as the Company progresses its helium resource in Tanzania. Shaun Scott will transition from Executive Chairman to Managing Director and Chief Executive, while Emeritus Professor Andrew Garnett has been appointed as Non-Executive Chairman. Justyn Wood, the Co-Founder and Current Chief Executive Officer, will take on the role of Executive Director with specific responsibility for Exploration & New Ventures.

Executive commentary on leadership changes

The changes were effective immediately and better positioned the Company's limited people resources to more effectively leverage their expertise and skills. Mr Scott stated, 'Mbelele is a fantastic starting point in the exploration of the North Rukwa with a probable free gas gap taking us towards monetisation, being able to utilise the extensive skill set and experience of Prof. Garnett to lead the appraisal is a significant win for the Company. The evidence is overwhelming that the North Rukwa basin is a significant helium producing province that requires further exploration and appraisal in particular the deeper targets we have already identified. Freeing up Mr Wood to apply his extensive exploration expertise to this and the opportunities identified in the Helium Atlas have the potential to add significant value to Noble Helium.'

Summary of Noble Helium leadership changes and outlook

Noble Helium (ASX: $NHE) has made key leadership changes to drive the advancement of its helium resource in Tanzania. The transition of Shaun Scott to Managing Director and Chief Executive, Emeritus Professor Andrew Garnett's appointment as Non-Executive Chairman, and Justyn Wood's focus on Exploration & New Ventures reflect the Company's strategic realignment to maximize its team's strengths. The Company aims to leverage the extensive skill set and experience of its leadership to accelerate its ambitions to be a significant helium producer. With a focus on exploration and appraisal in Tanzania, Noble Helium is poised to capitalize on the growing demand for helium, particularly for cleaner 'green helium' sourced from non-carbon environments. The Company's Helium Atlas positions it as a world-leading helium explorer, providing a strong foundation for future growth and value creation.