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Pulsar Helium Inc. (symbol: PSRHF) is a cutting-edge technology company specializing in the development and deployment of advanced helium-based solutions. Leveraging its expertise in helium technology, Pulsar Helium is at the forefront of innovation, creating products and services that revolutionize industries such as healthcare, manufacturing, and aerospace. The company's commitment to research and development, coupled with strategic partnerships, ensures its position as a leader in the helium sector.
Pulsar Helium has begun field activities at its Topaz Project in Minnesota, with personnel and equipment arriving on-site since December 7th. The company plans to deepen the Jetstream #1 appraisal well by a minimum of 1,640 feet (500 metres) before the Christmas holiday.
The previous drilling in February 2024 reached 2,200 feet and identified helium concentrations up to 14.5%, significantly above the 0.3% economic threshold, along with CO2 concentrations exceeding 70%. The deepening operation will target the full height of the helium reservoir, supported by recent survey data and previous drilling results. A mass spectrometer will monitor gas composition during drilling, with wireline log acquisition scheduled upon completion.
Pulsar Helium (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) has partnered with Send My Stuff To Space (SMSTS) to enhance its Pulsar Scholars initiative. The partnership will utilize Pulsar's quarterly US$2,500 bursary to fund STEM students' experiments using SMSTS's space balloons, which reach altitudes of approximately 130,000 feet. SMSTS is transitioning from hydrogen to helium-filled biodegradable latex balloons for suborbital flights, providing an environment similar to Mars's surface conditions. The program offers students discounted rates for testing cube satellites and other scientific experiments in extreme conditions.
Pulsar Helium has announced its participation in the Swiss Mining Institute Annual Conference on November 21, 2024. CEO Thomas Abraham-James will present the company's investment case, highlighting recent seismic data findings at their Topaz helium project in Minnesota.
The company plans to deepen the Jetstream #1 appraisal well by an additional 1,640 feet in Q4 2024, following the discovery of helium concentrations up to 14.5%. Independent evaluations estimate recoverable prospective resources of up to 2.8 Bcf of helium and 21.3 Bcf of CO2 (gross, P10), covering just 13% of the company's land position.
Pulsar Helium Inc. (AIM:PLSR, TSXV:PLSR, OTCQB:PSRHF) announces its participation in today's AJ Bell / Shares investor event webinar. The company's President & CEO Thomas Abraham-James will present at 18:00 GMT. The webinar offers investors an opportunity to hear directly from company directors about their investment propositions and ask questions through an online chat window. The event is free to attend and targets both existing and potential investors interested in various sectors.
CEO.CA, a leading investor social network for junior resource and venture stocks, presents its latest 'Inside the Boardroom' series featuring interviews with executives from three mining companies. The interviews include discussions with Thomas Abraham-James from Pulsar Helium (TSXV: PLSR, OTCQB: PSRHF), David Kol from Zodiac Gold (TSXV: ZAU), and David Smith from Arizona Metals Corp (TSX: AMC, OTCQX: AZMCF). CEO.CA, founded in 2012 and now a subsidiary of EarthLabs, serves millions of visitors annually as a platform for investor networking and information sharing.
Pulsar Helium has completed key site improvements at its Topaz Project in Minnesota, preparing for the next phase of drilling operations. The company has signed a contract with Capstar Drilling to deepen the Jetstream #1 well by approximately 500 metres to explore the full helium reservoir potential. Site improvements include enhanced roadways for all-weather access and a prepared drill pad ready to accept equipment in December. The project has shown high-grade helium concentrations, surpassing economic viability thresholds, positioning Pulsar to potentially become a significant helium supplier in the domestic market.
Pulsar Helium Inc. (AIM:PLSR)(TSXV:PLSR)(OTCQB:PSRHF) announces its first day of trading on the AIM market of the London Stock Exchange. This follows the successful completion of a £3.875 million (C$7 million) fundraising, along with a £1.125 million pre-IPO cornerstone investment, totaling £5 million. Trading will commence under the TIDM 'PLSR'.
Pulsar's flagship Topaz project in Minnesota has shown high helium concentrations, surpassing economic viability thresholds. The company plans to use the funds to accelerate development at Topaz, including deepening the Jetstream #1 well, acquiring seismic data, and commissioning a preliminary economic assessment. Pulsar also holds the Tunu Project in Greenland, a primary helium district with exclusive rights to 2,816km².
The company focuses on sustainable 'green helium' extraction, addressing the growing demand in technology-driven sectors amid supply constraints.
Pulsar Helium Inc. (AIM:PLSR)(TSXV:PLSR)(OTCQB:PSRHF) has successfully raised £3.875 million (C$7 million) through a placing of new common shares. The company is publishing an AIM admission document for listing on the AIM Market of the London Stock Exchange, while maintaining its listings on the TSX Venture Exchange and OTCQB Venture Market.
The fundraising includes a pre-IPO cornerstone investment of £1.125 million, bringing the total gross funds raised to £5 million. The placing comprises 15,500,000 new common shares at a price of 25p per share. On admission, the company's market capitalization is expected to be £31.6 million (C$56.5 million).
The net proceeds will be used to accelerate the development of Pulsar's flagship Topaz helium project in Minnesota, USA. Admission to AIM is expected on 18 October 2024, subject to certain closing conditions.
Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) has announced positive results from a 20.4km long 2D seismic reflection survey at its Topaz Helium Project in Minnesota, USA. The survey revealed:
1. A continuous reflective package at the helium-bearing interval encountered in Jetstream #1, extending approximately 1.5 km west and 2km east of the well.
2. Additional reflective packages suggesting more fracture zones, increasing prospectivity.
3. Complementary geologic detail to existing ambient noise tomography data.
The successful imaging highlights the suitability of reflection seismic to map the geometry of the helium-bearing-zone and other prospects in the region. Pulsar is now planning additional 2D and passive seismic data acquisition, considering the presence of what appears to be a regional system.
Pulsar Helium Inc. (TSXV:PLSR) (OTCQB:PSRHF) has significantly increased its land position at the Topaz Helium Project in Minnesota, USA. The company has expanded its net acreage by approximately 100%, from 2,089 to 4,181 acres. This expansion follows the successful drilling of the Jetstream #1 well and an independent resource report highlighting the project's potential.
Key points:
- The new leases have a 5-year initial term, extendable for the duration of production.
- Pulsar is pursuing additional acreage through a newly legislated State leasing process.
- The company plans to deepen the Jetstream #1 well, drill step-out wells, and conduct additional seismic studies.
- An independent resource update confirmed commercial concentrations of both helium and CO2 at the Topaz Project.
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