RCS - Pulsar Helium Inc. - Pulsar Announces Well Works at Topaz Project

Pulsar HeliumAnnouncement

16/05/2024 12:15

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RNS Number : 6318O  Pulsar Helium Inc.  16 May 2024

NEWS RELEASE | MAY 16, 2024 | VANCOUVER BC

PULSAR HELIUM ANNOUNCES WELL WORKS AT THE JETSTREAM #1, TOPAZ PROJECT

Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) ("Pulsar" or the "Company")
is pleased to announce commencement of additional downhole well works at
Jetstream #1 appraisal well* at its flagship Topaz helium project. Well
activities are expected to occur in three phases of work activities over
approximately two weeks. The initial phase will focus on additional downhole
data acquisitions, followed by a second phase of wellhead and wellbore works
in preparation for the final phase which consists of the flow testing and
pressure build-up program.

* In the State of Minnesota, the regulatory term is 'exploratory boring'.

About Pulsar Helium Inc.

Pulsar Helium Inc. is a publicly traded company listed on the TSX Venture
Exchange with the ticker PLSR and on the OTCQB with the ticker PSRHF. Pulsar's
portfolio consists of the Topaz helium project in Minnesota, USA and the Tunu
helium project in Greenland. Pulsar is the first mover in both locations with
primary helium occurrences not associated with the production of hydrocarbons
identified at each.  For further information visit https://pulsarhelium.com
(https://pulsarhelium.com) , follow us on X
https://twitter.com/pulsarhelium?lang=en
(https://twitter.com/pulsarhelium?lang=en) and LinkedIn
https://ca.linkedin.com/company/pulsar-helium-inc
(https://ca.linkedin.com/company/pulsar-helium-inc) .

On behalf Pulsar Helium Inc.

"Thomas Abraham-James"

President, CEO and Director

Further Information:

Thomas Abraham-James President,

CEO and Director Pulsar Helium Inc.

connect@pulsarhelium.com

+ 1 (604) 599-0310

Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release contains forward-looking statements and forward-looking
information within the meaning of Canadian securities legislation
(collectively, "forward-looking statements") that relate to the Company's
current expectations and views of future events. Any statements that express,
or involve discussions as to, expectations, beliefs, plans, objectives,
assumptions or future events or performance (often, but not always, through
the use of words or phrases such as "will likely result", "are expected to",
"expects", "will continue", "is anticipated", "anticipates", "believes",
"estimated", "intends", "plans", "forecast", "projection", "strategy",
"objective" and "outlook") are not historical facts and may be forward-looking
statements and may involve estimates, assumptions and uncertainties which
could cause actual results or outcomes to differ materially from those
expressed in such forward-looking statements. In particular and without
limitation, this news release contains forward-looking statements pertaining
to the anticipated results of Jetstream #1 with regard to estimating the size
of the reservoir intercepted; the results of the flow testing and pressure
build-up program and collect pressurised gas samples to determine the
concentration of the helium and other gases via an independent laboratory. No
assurance can be given that these expectations will prove to be correct and
such forward-looking statements included in this news release should not be
unduly relied upon. These statements speak only as of the date of this news
release.

Forward-looking statements are based on a number of assumptions and are
subject to a number of risks and uncertainties, many of which are beyond the
Company's control, which could cause actual results and events to differ
materially from those that are disclosed in or implied by such forward-
looking statements. Such risks and uncertainties include but are not limited
to Pulsar may be unsuccessful in drilling commercially productive wells; drill
costs may be higher than estimates; delays in the commencement of drilling,
and other factors set forth under "Cautionary Note Regarding Forward Looking
Statements and Market and Industry Data" and "Risk Factors" in the Final
Prospectus. The Company undertakes no obligation to update or revise any
forward- looking statements, whether as a result of new information, future
events or otherwise, except as may be required by law. New factors emerge from
time to time, and it is not possible for the Company to predict all of them or
assess the impact of each such factor or the extent to which any factor, or
combination of factors, may cause results to differ materially from those
contained in any forward-looking statement. Any forward-looking statements
contained in this news release are expressly qualified in their entirety by
this cautionary statement.

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