Pulsar Helium Provides Update on Transaction With Oscillate PLC

Rhea-AI Summary

Pulsar Helium (OTCQB: PSRHF) announced it has acquired 80% of Quantum Hydrogen from Oscillate PLC via an all‑share transaction after issuing five monthly tranches of Consideration Shares (each US$80,000) between Dec 18, 2025 and Mar 6, 2026.

The tranches reflected VWAPs from C$0.7543 to C$1.6581. Pulsar retains an option until May 3, 2027 to buy the remaining 20% for US$400,000 in five US$80,000 instalments. Consideration Shares carry a four‑month‑and‑one‑day hold period.

Positive

• Acquired 80% of Quantum Hydrogen through completed share tranches
• Option to acquire remaining 20% until May 3, 2027 for US$400,000
• Structured consideration: five completed monthly tranches of US$80,000

Negative

• Paid acquisition consideration using share issuances, creating shareholder dilution risk
• Potential further dilution if Pulsar issues US$400,000 of Consideration Shares to acquire 20%

News Market Reaction – PSRHF

-7.76%

1 alert

-7.76% News Effect

On the day this news was published, PSRHF declined 7.76%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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 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, March 09, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a primary helium company, provides an update following its announcements on November 4, 2025, December 19, 2025, January 21, 2026, and February 10, 2026, regarding its option to acquire up to 100% of the shares of Quantum Hydrogen Inc. (“Quantum”), a 100% owned subsidiary of Oscillate PLC (“Oscillate”), in an all-share transaction (the “Transaction”).

On December 18, 2025, the Company issued a total of 292,560 common shares (the “Consideration Shares”) to Oscillate, satisfying the first and second monthly share option tranches valued at US$80,000 each, at a VWAP of C$0.7797 for tranche one and C$0.7543 for tranche two.

On January 20, 2026, the Company issued an additional 145,434 Consideration Shares to Oscillate, satisfying the third monthly share option tranche of US$80,000 at a VWAP of C$0.7556.

On February 9, 2026, the Company issued an additional 80,947 Consideration Shares to Oscillate, satisfying the fourth monthly share option tranche of US$80,000 at a VWAP of C$1.3508.

On March 6, 2026, the Company issued an additional 66,022 Consideration Shares to Oscillate, satisfying the fifth and final monthly share option tranche of US$80,000 at a VWAP of C$1.6581.

Under the terms of the agreement with Oscillate, the Company has now acquired 80% of the shares of Quantum upon having issued to Oscillate all of the required monthly tranches of Consideration Shares. The Company also has the option until May 3, 2027, to acquire the remaining 20% of the shares of Quantum from Oscillate in exchange for US$400,000 of Consideration Shares to be issued in 5 instalments of US$80,000 of Consideration Shares each after the Company has provided notice to Oscillate that it wishes to exercise such option. The Company will evaluate this option in coming months, and prior to the May 3, 2027, deadline date.

The Consideration Shares issued in connection with the Transaction are subject to a four-month-and-one-day hold period from the date of issuance.

On behalf of Pulsar Helium Inc.
“Thomas Abraham-James”
President, CEO and Director

Further Information:

Pulsar Helium Inc.
connect@pulsarhelium.com     
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (United Kingdom)
https://pulsarhelium.com
https://ca.linkedin.com/company/pulsar-helium-inc.

Strand Hanson Limited
(Nominated & Financial Adviser, and Broker)
Ritchie Balmer / Rob Patrick
+44 (0) 207 409 3494

Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
pulsarhelium@yellowjerseypr.com

About Pulsar Helium Inc.

Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of the London Stock Exchange (United Kingdom) and listed on the TSX Venture Exchange with the ticker PLSR (Canada), as well as on the OTCQB with the ticker PSRHF (United States of America). 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.

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.

FAQ

What did Pulsar Helium (PSRHF) announce about Quantum Hydrogen on March 9, 2026?

Pulsar announced it has acquired 80% of Quantum Hydrogen after issuing five monthly share tranches. According to the company, each tranche equalled US$80,000 and the completed issuances occurred between Dec 18, 2025 and Mar 6, 2026.

How were the Consideration Shares for the PSRHF transaction issued and valued?

Consideration Shares were issued in five monthly tranches, each valued at US$80,000. According to the company, tranche VWAPs ranged from C$0.7543 to C$1.6581 across the issuance dates.

What option does Pulsar have to buy the remaining 20% of Quantum and what is the cost?

Pulsar has an option until May 3, 2027 to acquire the remaining 20% for US$400,000 in five US$80,000 instalments. According to the company, the option requires notice before exercising and instalment issuance of shares.

Are the Consideration Shares subject to any holding restrictions after issuance for PSRHF?

Yes. The Consideration Shares are subject to a four‑month‑and‑one‑day hold period from issuance. According to the company, this restricts immediate resale by the recipient during that period.

What investor implications does the PSRHF all‑share acquisition carry for shareholders?

The acquisition increases Pulsar's stake in Quantum but may dilute existing shareholders due to share issuance. According to the company, further dilution could occur if the US$400,000 option is exercised in shares before May 3, 2027.