Pulsar Helium Announces Inclusion on 2025 TSX Venture 50 List
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. (PSRHF) è stata classificata al #20 nella lista TSX Venture 50 del 2025, evidenziando i suoi successi nel primo anno completo sulla Borsa TSX Venture. La classifica si basa sull'apprezzamento del prezzo delle azioni, sull'aumento della capitalizzazione di mercato e sul valore di scambio canadese.
I principali risultati del 2024 includono: la chiusura di un collocamento privato di $4,3 milioni a gennaio; la perforazione del Jetstream #1 a Topaz con concentrazioni di elio fino al 14,5%; la quotazione OTCQB a marzo; la raccolta di $5,0 milioni tramite warrant IPO a maggio; il ricevimento di un CPR da Sproule con una probabilità di commercializzazione del 65%; il completamento di un’indagine sismica di 20,4 km e il raddoppio della posizione terriera a 4.181 acri; la doppia quotazione su AIM con una raccolta di £5,0 milioni; e la firma di un accordo con Chart Industries per la produzione di elio/CO2.
La società ha anche annunciato un'estensione per la chiusura della seconda tranche del suo collocamento privato al 21 marzo 2025, con i proventi destinati ad accelerare lo sviluppo del progetto Topaz.
Pulsar Helium Inc. (PSRHF) ha sido clasificada en el #20 de la lista TSX Venture 50 de 2025, destacando sus logros en su primer año completo en la Bolsa de Valores TSX Venture. La clasificación se basa en la apreciación del precio de las acciones, el aumento de la capitalización de mercado y el valor de negociación canadiense.
Los logros clave de 2024 incluyen: el cierre de una colocación privada de $4.3 millones en enero; la perforación del Jetstream #1 en Topaz con concentraciones de helio de hasta el 14.5%; la inclusión en OTCQB en marzo; la recaudación de $5.0 millones mediante warrants de IPO en mayo; la recepción de un CPR de Sproule con un 65% de probabilidad de comercialización; la finalización de una encuesta sísmica de 20.4 km y el duplicado de la posición de tierras a 4,181 acres; la cotización dual en AIM recaudando £5.0 millones; y la firma de un acuerdo con Chart Industries para la producción de helio/CO2.
La empresa también anunció una extensión para el cierre de la segunda tranche de su colocación privada hasta el 21 de marzo de 2025, con los ingresos destinados a acelerar el desarrollo del proyecto Topaz.
펄사 헬륨 주식회사 (PSRHF)는 2025년 TSX 벤처 50 목록에서 20위로 선정되어 TSX 벤처 거래소에서의 첫 번째 전체 연도 동안의 성과를 강조했습니다. 이 순위는 주가 상승, 시가 총액 증가 및 캐나다 거래 가치를 기반으로 합니다.
2024년 주요 성과로는: 1월에 430만 달러 규모의 사모 배정을 마감; 탑재스에서 헬륨 농도가 최대 14.5%인 제트스트림 #1을 시추; 3월 OTCQB 상장; 5월 IPO 워런트로 500만 달러 조달; 스프롤로부터 65% 상업화 가능성을 가진 CPR 수령; 20.4km 규모의 지진 조사 완료 및 토지 면적을 4,181에이커로 두 배로 증가; AIM에 이중 상장하여 500만 파운드 조달; 및 헬륨/CO2 생산을 위한 차트 산업과의 계약 체결.
회사는 또한 두 번째 트랜치의 사모 배정 마감 기한을 2025년 3월 21일로 연장한다고 발표했으며, 수익금은 탑재스 프로젝트 개발을 가속화하는 데 사용될 예정입니다.
Pulsar Helium Inc. (PSRHF) a été classée au 20ème rang de la liste TSX Venture 50 de 2025, soulignant ses réalisations lors de sa première année complète sur la Bourse TSX Venture. Le classement est basé sur l'appréciation du prix des actions, l'augmentation de la capitalisation boursière et la valeur de négociation canadienne.
Les réalisations clés de 2024 comprennent : la clôture d'un placement privé de 4,3 millions de dollars en janvier ; le forage du Jetstream #1 à Topaz avec des concentrations d'hélium allant jusqu'à 14,5 % ; la cotation OTCQB en mars ; la levée de 5,0 millions de dollars grâce aux warrants d'introduction en bourse en mai ; la réception d'un CPR de Sproule avec une chance de commercialisation de 65 % ; l'achèvement d'une enquête sismique de 20,4 km et le doublement de la superficie des terres à 4 181 acres ; la double cotation sur AIM levant 5,0 millions de livres ; et la signature d'un accord avec Chart Industries pour la production d'hélium/CO2.
L'entreprise a également annoncé une extension pour la clôture de la deuxième tranche de son placement privé au 21 mars 2025, les revenus étant destinés à accélérer le développement du projet Topaz.
Pulsar Helium Inc. (PSRHF) wurde auf Platz 20 der TSX Venture 50-Liste für 2025 eingestuft, was ihre Erfolge im ersten vollständigen Jahr an der TSX Venture Exchange hervorhebt. Die Rangliste basiert auf der Wertsteigerung der Aktien, dem Anstieg der Marktkapitalisierung und dem kanadischen Handelswert.
Wichtige Erfolge im Jahr 2024 umfassen: den Abschluss einer Privatplatzierung in Höhe von 4,3 Millionen US-Dollar im Januar; die Bohrung von Jetstream #1 in Topaz mit bis zu 14,5% Heliumkonzentrationen; die Listung an der OTCQB im März; die Beschaffung von 5,0 Millionen US-Dollar durch IPO-Warrants im Mai; den Erhalt eines CPR von Sproule mit einer 65%igen Kommerzialisierungschance; den Abschluss einer 20,4 km langen seismischen Untersuchung und die Verdopplung der Landfläche auf 4.181 Acres; die doppelte Listung an der AIM mit einer Beschaffung von 5,0 Millionen Pfund; und die Unterzeichnung eines Vertrags mit Chart Industries zur Helium/CO2-Produktion.
Das Unternehmen gab außerdem eine Verlängerung für den Abschluss der zweiten Tranche seiner Privatplatzierung bis zum 21. März 2025 bekannt, wobei die Erlöse zur Beschleunigung der Entwicklung des Topaz-Projekts verwendet werden sollen.
- Achieved top 20 ranking in TSX Venture 50 list
- Discovered high-grade helium concentrations up to 14.5% at Topaz
- Successfully raised multiple rounds of funding totaling $4.3M + $5.0M + £5.0M
- Doubled land position to 4,181 net acres
- Received CPR with 65% chance of commercialization from single well
- Additional funding needed through second tranche of private placement
- Project still in development phase without commercial production
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.
CASCAIS, PORTUGAL / ACCESS Newswire / February 19, 2025 / 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
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
+ 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
+44 203 973 3678
BlytheRay Ltd
(Financial PR)
Megan Ray / Said Izagaren
+44 207 138 3204
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
BlueSky: @pulsarhelium.com
LinkedIn 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.
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.
SOURCE: Pulsar Helium Inc.
View the original press release on ACCESS Newswire
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