REG - Pulsar Helium Inc. - Pulsar Inclusion on 2025 TSX Venture 50 List

Pulsar HeliumAnnouncement

19/02/2025 16:30

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RNS Number : 7506X  Pulsar Helium Inc.  19 February 2025

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NEWS RELEASE | FEBRUARY 19, 2025 | CASCAIS, PORTUGAL

PULSAR HELIUM ANNOUNCES INCLUSION ON 2025 TSX VENTURE 50 LIST

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), a leading helium project development company, is pleased to
announce that it has been included in the 2025 Toronto Stock Exchange ("TSX")
Venture 50 list. Pulsar ranked number 20 on the list for achievements made in
2024, Pulsar's first full year on the TSX Venture Exchange.

TSX Venture 50 is an annual ranking of the top-performing companies over the
last year on the TSX Venture Exchange, a world-leading capital formation
platform for early-stage growth firms. The companies are ranked based on three
equally weighted criteria: one-year share price appreciation, market
capitalisation increase, and Canadian consolidated trading value.

The 50 companies on the list delivered an average share price appreciation of
207% to investors in 2024, up from 121% in 2023 and 73% in 2022. In addition,
the group holds a combined market capitalisation of $21.7 billion-an increase
of over $16 billion over the course of the year.

More details can be found at the following link:
https://money.tmx.com/en/venture50

2024 Key Highlights:

•             January: closed a private placement for gross
proceeds of $4.3 million.

•         February: Drilled Jetstream #1 at Topaz, confirming helium
concentrations up to 14.5%-among the world's highest.

•             March: Pulsar shares debuted on the OTCQB Venture
Market in the United States under the symbol PSRHF.

•             May: Accelerated exercise of all IPO warrants to
raise gross proceeds of $5.0 million.

•        August: Received a Competent Persons Report (CPR) from
Sproule, estimating significant helium and CO₂ resources, with a 65% chance
of commercialization from a single well.

•           October: Completed a 20.4 km 2D seismic survey at Topaz,
confirming structural continuity of the helium-bearing interval. Pulsar also
doubled its land position to 4,181 net acres and dual-listed on London's AIM
market raising gross proceeds of £5.0 million, including a pre-IPO fundraise
of £1.125 million.

•             November: Signed an agreement with Chart
Industries for helium and CO2 capture and production.

Thomas Abraham-James, President & CEO of Pulsar Helium, commented:

"We are honoured to be recognised among the TSX Venture Top 50 list for
achievements made in only our first full year on the Exchange. This
acknowledgment is a testament to the dedication and hard work of our entire
team at Pulsar, particularly in advancing our Topaz helium project in
Minnesota, USA. We now continue our work at pace to realise its full potential
for the benefit of creating value for our shareholders and meeting the growing
demand for this critical resource."

Learn more about Pulsar Helium Inc. by viewing this introductory video:
bit.ly/PLSRWelcome

Private Placement

Pulsar also announces the TSX Venture Exchange has granted a further extension
of the deadline to close the second tranche of the Company's brokered private
placement (the "Private Placement"), as announced on December 30, 2024,
January 10, 2025, and February 6, 2025, to March 21, 2025.

Net proceeds raised from the second tranche of the Private Placement will
increase the Company's working capital and this will enable the Company to
accelerate its strategic plan for the exploration and development at Pulsar's
Topaz project in Minnesota and to reach a final investment decision (FID) for
the construction of a combined helium and CO2 production facility.

The Private Placement is subject to receipt of all necessary regulatory
approvals, including the approval of the TSX Venture Exchange. The securities
being issued pursuant to the Private Placement will be subject to a four month
and one day hold period in accordance with applicable Canadian securities law.

The Company notes that, in accordance with applicable Canadian securities law,
the four month and one day hold period applicable to the securities issued
pursuant to the fundraise associated with Pulsar's admission to trading on AIM
in October 2024 has now expired.

Caution to US Investors

This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have
not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws
or an exemption from such registration is available.

On behalf Pulsar Helium Inc.

"Thomas Abraham-James"

President, CEO and Director

Further Information:

Pulsar Helium Inc.

connect@pulsarhelium.com (mailto:connect@pulsarhelium.com)

+ 1 (218) 203-5301

+44 (0) 2033 55 9889

Strand Hanson Limited

(Nominated & Financial Adviser, and Joint Broker)

Ritchie Balmer / Rob Patrick / Richard Johnson

+44 (0) 207 409 3494

OAK Securities*

(Joint Broker)

Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon
Anadkat (Corporate Advisory)

info@OAK-securities.com (mailto:info@OAK-securities.com)

+44 203 973 3678

BlytheRay Ltd

(Financial PR)

Megan Ray / Said Izagaren

+44 207 138 3204
 

pulsarhelium@blytheray.com (mailto:pulsarhelium@blytheray.com)

*OAK Securities is the trading name of Merlin Partners LLP, a firm
incorporated in the United Kingdom and regulated by the UK Financial Conduct
Authority.

About Pulsar Helium Inc.

Pulsar Helium Inc. is a publicly traded company listed on the AIM market of
the London Stock Exchange and the TSX Venture Exchange with the ticker PLSR,
as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of
its flagship 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:

Website    https://pulsarhelium.com (https://pulsarhelium.com)

BlueSky:   @pulsarhelium.com

LinkedIn   https://ca.linkedin.com/company/pulsar-helium-inc
(https://ca.linkedin.com/company/pulsar-helium-inc) .

Neither the 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 and the interview contains 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. Forward-looking statements may involve estimates and are based
upon assumptions made by management of the Company, including, but not limited
to, the Company's capital cost estimates, management's expectations regarding
the availability of capital to fund the Company's future capital and operating
requirements and the ability to obtain all requisite regulatory approvals.

No reserves have been assigned in connection with the Company's property
interests to date, given their early stage of development. The future value of
the Company is therefore dependent on the success or otherwise of its
activities, which are principally directed toward the future exploration,
appraisal and development of its assets, and potential acquisition of property
interests in the future. Un-risked Contingent and Prospective Helium Volumes
have been defined at the Topaz Project. However, estimating helium volumes is
subject to significant uncertainties associated with technical data and the
interpretation of that data, future commodity prices, and development and
operating costs. There can be no guarantee that the Company will successfully
convert its helium volume to reserves and produce that estimated volume.
Estimates may alter significantly or become more uncertain when new
information becomes available due to for example, additional drilling or
production tests over the life of field. As estimates change, development and
production plans may also vary. Downward revision of helium volume estimates
may adversely affect the Company's operational or financial performance.

Helium volume estimates are expressions of judgement based on knowledge,
experience and industry practice. These estimates are imprecise and depend to
some extent on interpretations, which may ultimately prove to be inaccurate
and require adjustment or, even if valid when originally calculated, may alter
significantly when new information or techniques become available. As further
information becomes available through additional drilling and analysis the
estimates are likely to change. Any adjustments to volume could affect the
Company's exploration and development plans which may, in turn, affect the
Company's performance. The process of estimating helium resources is complex
and requires significant decisions and assumptions to be made in evaluating
the reliability of available geological, geophysical, engineering, and
economic date for each property. Different engineers may make different
estimates of resources, cash flows, or other variables based on the same
available data.

Forward-looking statements 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, that Pulsar may be unsuccessful in drilling
commercially productive wells; the uncertainty of resource estimation;
operational risks in conducting exploration, including that drill costs may be
higher than estimates and the potential for delays in the commencement of
drilling; commodity prices; health, safety and environmental factors; and
other factors set forth above as well as under "Cautionary Note Regarding
Forward Looking Statements and Market and Industry Data" and "Risk Factors" in
the AIM Admission Document published on October 14th, 2024, found on the
Company's web site at
https://pulsarhelium.com/investors/aim-rule-26/default.aspx
(https://pulsarhelium.com/investors/aim-rule-26/default.aspx) .

Forward-looking statements contained in this news release are as of the date
of this news release, and 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. No assurance can be
given that the forward-looking statements herein will prove to be correct and,
accordingly, investors should not place undue reliance on forward-looking
statements. Any forward-looking statements contained in this news release are
expressly qualified in their entirety by this cautionary statement.

 

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