Noble Helium Limited is an Australia-based company that is focused on exploration of helium. The Company holds interest in a number of tenements in Tanzania, which comprise four project areas (the Projects). The Company’s projects include North Rukwa Basin Project, North Nyasa Basin Project, Eyasi Basin Project, and Manyara Basin Project. The North Rukwa Basin Project, which comprises 12 granted prospecting licenses covering a combined area of approximately 1,467 square kilometers (km2) in southwest Tanzania. The North Nyasa Basin Project, which comprises two granted prospecting licenses covering a combined area of approximately 466km2 in south-west Tanzania. The Eyasi Basin Project, which comprises five applications for prospecting licenses covering a combined area of approximately 1,138km2 in central northern Tanzania. The Manyara Basin Project, which comprises four applications for prospecting licenses covering a combined area of approximately 854km2 in central northern Tanzania.