Pulsar Helium - PSRHF STOCK NEWS

Pulsar Helium Inc (TSXV: PLSR) (OTCQB: PSRHF) has announced its participation in Red Cloud's 13th Annual Pre-PDAC Mining Showcase, scheduled for February 27 & 28, 2025, at The Omni King Edward Hotel in Toronto.

The company's CEO, President & Co-Founder, Thomas Abraham-James, will deliver a presentation on February 28th at 3:20 PM EST. The conference will feature over 80 company presentations and facilitate more than 600 one-on-one meetings, along with keynote speeches from leading figures in mining and finance.

Pulsar Helium Inc. (AIM:PLSR, TSXV:PLSR, OTCQB:PSRHF) announced its CEO Thomas Abraham-James will present at the Investor Meet Company Spotlight Event on February 26, 2025, at 5:00pm GMT. The presentation will focus on updates regarding the Topaz Project in Minnesota, following recent developments including the deepening of Jetstream #1, drilling of Jetstream #2, and arrival of down-hole testing equipment.

The company highlighted its key advantages: world-class helium concentrations up to 14.5% at Topaz, a production agreement with Chart Industries, ongoing 2025 development activities including seismic acquisition and well testing, management ownership of 37% (locked until Q1 2027), primary helium production not associated with hydrocarbons, strategic presence in the USA and Europe (Tunu project), and favorable legislation in Minnesota and Greenland.

Pulsar Helium Inc. (PSRHF) has been ranked #20 on the 2025 TSX Venture 50 list, highlighting its achievements in its first full year on the TSX Venture Exchange. The ranking is based on share price appreciation, market capitalization increase, and Canadian trading value.

Key 2024 achievements include: closing a $4.3M private placement in January; drilling Jetstream #1 at Topaz with up to 14.5% helium concentrations; OTCQB listing in March; raising $5.0M from IPO warrants in May; receiving a CPR from Sproule with 65% commercialization chance; completing a 20.4 km seismic survey and doubling land position to 4,181 acres; dual-listing on AIM raising £5.0M; and signing an agreement with Chart Industries for helium/CO2 production.

The company also announced an extension for closing the second tranche of its private placement to March 21, 2025, with proceeds aimed at accelerating the Topaz project development.

Pulsar Helium Inc. (AIM:PLSR, TSXV:PLSR, OTCQB:PSRHF) has appointed Hovde Group, as a co-placement agent alongside University Bank for the second tranche of its private placement, aiming to raise up to US$5.5 million.

The net proceeds will be used to increase working capital, accelerate the strategic plan for exploration and development at the Topaz project in Minnesota, and reach a final investment decision (FID) for constructing a combined helium and CO2 production facility.

The private placement requires regulatory approvals, including TSX Venture Exchange approval. Securities issued will have a four-month hold period under Canadian securities law.

Pulsar Helium Inc. (PSRHF) announced its financial results for the year ended September 30, 2024. Key operational highlights include the successful drilling of Jetstream #1 well at the Topaz Project in Minnesota, which confirmed helium concentrations between 7.9% and 14.5%. A Competent Persons Report estimated significant helium resources, with P50 contingent resources of 5.9MMcf and P50 prospective resources of 40.3MMcf.

Post-period developments include the successful deepening of Jetstream #1 to 5,100 feet in January 2025, encountering multiple helium zones with up to 7.24% helium. The company commenced drilling Jetstream #2 on January 16, 2025. Financially, Pulsar completed several funding rounds, including a C$4.25M private placement in January 2024 and an AIM listing raising £5M in October 2024. The company reported a net loss of $20.3M for the period, including a non-cash revaluation loss of $8.8M.

Pulsar Helium Inc. (PSRHF) has announced a live Q&A session with CEO Thomas Abraham-James via Investor Meet Company on January 27, 2025. The session will discuss the ongoing drilling program at the Topaz Project in Minnesota and the recent agreement with Chart Industries for helium and CO₂ capture.

Key project updates include the Jetstream #1 appraisal well, deepened to 5,100 feet with helium concentrations up to 7.24%, and Jetstream #2 drilling which began January 16, 2025, targeting ~5,000 feet. The company emphasizes its focus on sustainable 'green helium' extraction without hydrocarbons or water association.

The Topaz project has demonstrated top-tier helium concentrations above economic viability thresholds, with additional value potential from CO₂ by-product. The company operates in the USA and Greenland, benefiting from supportive local legislation and a community-focused approach.

Pulsar Helium has closed the first tranche of its previously announced brokered private placement, raising US$2.0 million through the issuance of 5,263,160 common shares at US$0.38 per share. The placement included participation from US institutional investors, with University Bancorp acquiring a 4.99% stake.

The funds will support the drilling of Jetstream #2, a step-out well scheduled to commence after Jetstream #1's deepening is complete. The company will also expand passive seismic testing within the Topaz project area. Additionally, 747,434 warrants were exercised over the past two months, generating approximately C$270,000 in proceeds.

Following the admission of new shares to AIM trading, expected around January 15th, 2025, the total number of common shares will be 132,567,977. The company expects to update on the remaining private placement closure within two weeks.

Pulsar Helium Inc. (PSRHF) has announced a brokered private placement of up to 19,736,842 common shares at US$0.38 per share, aiming to raise up to US$7.5 million. University Bank will act as the exclusive placement agent, receiving a 6% fee on U.S. sales.

Additionally, University Bancorp will provide a US$4.0 million line of credit to major shareholder ABCrescent Coöperatief U.A. for potential warrant exercise. The proceeds will fund the Topaz project in Minnesota, including a step-out well drilling program.

The company also provided an operational update on the Jetstream #1 appraisal well deepening, set to commence around January 3, 2025. The previous drilling identified helium concentrations up to 14.5% and CO2 concentrations exceeding 70%.

Pulsar Helium Inc. (AIM:PLSR, TSXV:PLSR, OTCQB:PSRHF) has announced new investor awareness agreements with two UK-based platforms. The company has partnered with Ptolemy Capital (Crux Investor) for a one-time fee of USD$12,000, covering 4 interviews, 4 podcasts, and 4 articles over 12 months starting December 18th, 2024.

Additionally, Pulsar has engaged Vox Markets for an initial 3-month period at £1,000 monthly, with a minimum term of 12 months. The company also completed its engagement with Haywood Securities Inc., which will receive 282,335 compensation warrants at C$0.57 exercise price and a US$112,500 cash advisory fee for financial advisory services.