STOCK TITAN

Pulsar Helium Responds to Rumours Regarding Financing

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

Pulsar Helium (OTCQB: PSRHF) says third-party communications claiming terms of a private placement are false. The company denies any basis to those circulated terms and says it is reviewing regulatory and legal options to hold the third party responsible. Contact details for Pulsar and its advisers are provided.

Loading...
Loading translation...

AI-generated analysis. Not financial advice.

Positive

  • Company publicly denied false private placement communications
  • Board and management signaled active review of legal options

Negative

  • False financing communications circulated by a third party
  • Potential legal and regulatory costs from pursuing remedies

News Market Reaction – PSRHF

-5.00%
1 alert
-5.00% News Effect

On the day this news was published, PSRHF declined 5.00%, 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, April 23, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a primary helium company, understands that a third-party broker has falsely circulated communications including terms of a private placement involving the Company. These communications have no basis.

The Company is currently reviewing its regulatory and legal options to hold the third party responsible for circulating the false communications in respect of a financing for the Company.

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

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

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.

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, the Falcon project in Michigan (both in the USA), and the Tunu helium project in Greenland. Exploration work has not yet commenced at the Michigan location.


FAQ

What did Pulsar Helium (PSRHF) announce about the alleged private placement on April 23, 2026?

Pulsar Helium said the circulated private placement terms are false and have no basis. According to the company, it is reviewing regulatory and legal options to hold the third party responsible and provided contact details for investors and advisers.

Will the false financing communications affect Pulsar Helium's official financing plans (PSRHF)?

Pulsar Helium stated the circulated terms have no basis and are not official. According to the company, any legitimate financing would be communicated through formal corporate channels and authorised advisers, not via the third-party messages described.

What steps is Pulsar Helium (PSRHF) taking in response to the false communications?

The company said it is reviewing regulatory and legal options against the third party that circulated the communications. According to the company, it is assessing appropriate remedies and has listed its nominated adviser and PR contacts for further investor queries.

How can investors verify official Pulsar Helium (PSRHF) financing announcements?

Investors should rely on authorised corporate channels and adviser statements for official financing news. According to the company, formal announcements will come via company contacts, its nominated financial adviser, or authorised press releases and investor relations channels.