PULSAR HELIUM INC - PSRHF STOCK NEWS

Pulsar Helium Inc. (TSXV:PLSR)(OTCQB:PSRHF) has announced the closing of a £1.125 million cornerstone investment and the appointment of CFO Dan O'Brien to its Board of Directors in preparation for listing on London's AIM Exchange. The investment will fund long lead items for deepening the Jetstream #1 well at Topaz and AIM admission costs. The company aims for AIM admission before the end of October 2024, supplementing its existing TSX Venture Exchange listing. The Board now consists of seven members, including Neil Herbert (Executive Chair), Thomas Abraham-James (CEO), and Dan O'Brien (CFO), along with four non-executive directors, positioning the company for its next development stage.

Pulsar Helium announced an independent resource estimate for its Topaz Project, revealing a 44% increase in the helium contingent best estimate to 22.9 MMcf and a 12,165% rise in the helium prospective best estimate to 380.2 MMcf. The report also presents maiden CO2 estimates. The company plans to dual-list on London's AIM market by October 2024, aiming to raise £5 million, with an initial £1.125 million investment secured from OAK Securities. The dual-listing is expected to enhance access to UK and European investors. The Jetstream #1 well's data shows high helium concentrations, driving further exploration scheduled for Q4 2024.

Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) has provided an operational update for its Topaz project in Minnesota and Tunu project in Greenland. At Topaz, a 20.4km 2D seismic survey began on August 8th, expected to complete mid-August. This survey follows a successful seismic sweep that identified a helium-bearing zone. The data will be used to update the subsurface 3D model and assist in placing step-out appraisal wells from Jetstream #1.

At Tunu, a passive seismic survey commenced on August 6th at the Kap Tobin prospect. Three arrays are planned, anticipated to be completed in September. This survey will provide the first sub-surface dataset for Tunu, where migratory primary helium and a potential geothermal heat source have been identified.

Pulsar Helium Inc. (TSXV:PLSR)(OTCQB:PSRHF) has issued 121,641 common shares to company directors in lieu of cash fees, as per the Executive Chair and Director Fee Arrangements announced on July 4, 2024. The shares were calculated based on a US$75,000 conversion using an exchange rate of 1.3687 and a five-day VWAP of CAD$0.8439 per share. The shares were distributed among five insiders or their controlled companies. This transaction is considered a 'related party transaction' but is exempt from formal valuation and minority approval requirements under MI 61-101. The issued shares are subject to a four-month hold period.

Pulsar Helium has announced positive results from a 2D seismic sweep survey at its Topaz Helium Project in Minnesota. The survey identified a seismic reflector at the same depth as the helium-bearing zone from the Jetstream #1 appraisal well, which recorded North America's highest helium concentration of 14.5%. Additional reflectors were also observed at greater depths.

A more extensive 20.4km 2D seismic survey is scheduled for July to aid in the placement of further wells. Processed high-resolution airborne gravity gradiometry and magnetic data have been received for interpretation. An updated resource calculation by Sproule International is also expected this month.

CEO Thomas Abraham-James expressed optimism about the seismic data, which, combined with drilling and other geophysical data, will support their upcoming drilling program. The integration of these results will assist in planning for deepening Jetstream #1 and drilling new wells.

Pulsar Helium (TSXV:PLSR, OTCQB:PSRHF) announced the issuance of 121,644 common shares to settle fees for its Executive Chair and Director for the period January to June 2024. The shares, priced at $0.8439 each based on a five-day volume-weighted average, replace cash payments. This issuance is pending TSX Venture Exchange approval and will have a four-month hold period from the issuance date. The fee arrangement was approved by disinterested shareholders on April 30, 2024, and further details can be found in the management information circular dated March 13, 2024, available on SEDAR+.

CEO.CA Technologies, a leading investor social network focused on junior resource and venture stocks, shares exclusive updates from top executives in a recent series titled 'Inside the Boardroom'.

In the latest installment, CEO.CA interviewed Dean Skurka of WonderFi Technologies, Thomas Abraham-James of Pulsar Helium, Mark Selby of Canada Nickel, and Dustin Perry of Kingfisher Metals. These discussions provide valuable insights into the strategies, challenges, and visions of these junior mining companies.

CEO.CA, a subsidiary of EarthLabs, attracts millions of global investors annually, offering a platform for knowledge exchange and impactful stock stories. The series aims to shape the business landscape by sharing firsthand industry leader perspectives.

Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) is inviting shareholders to attend its presentation at the OTC Small Cap Growth Virtual Investor Conference on June 13, 2024, at 9:00 AM (Eastern). The event will feature a 20-minute talk by Thomas Abraham-James, the Company’s President, CEO, and Director, followed by a 10-minute Q&A session. Shareholders can attend for free by subscribing online. For more information, refer to the Company’s previous announcement dated March 20, 2024.

Pulsar Helium invites shareholders to attend its new presentation at the Emerging Growth Conference. The event is scheduled for June 12, 2024, at 10:15 AM Eastern Time.

The presentation will be delivered by Pulsar's President, CEO, and Director, Thomas Abraham-James. It will last 20 minutes and be followed by a 10-minute Q&A session.

Attendance is free, and participants need to subscribe to access the event. Further details were announced previously on March 11, 2024.