Pulsar Commences Drilling of Jetstream #2

PULSAR HELIUM COMMENCES DRILLING OF THE JETSTREAM #2 APPRAISAL WELL

AT THE TOPAZ PROJECT IN MINNESOTA, USA

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a leading helium project development company, announces that drilling for the Jetstream #2 appraisal well commenced at 3:55 a.m. (CST) on Thursday January 16, 2025, at its flagship Topaz Project in Minnesota ("Topaz" or the "Project"). Jetstream #2 is planned to reach approximately 5,000 feet (1,524 metres) depth and is scheduled to reach total depth (TD) around the end of January 2025. This will be the second gas appraisal well drilled at the Jetstream Prospect within the Topaz Project and is designed to provide data on reservoir properties, including porosity, permeability and well connectivity that will be utilised in the next iteration of resource estimation, production modelling, and further appraisal well planning.

Upon completion of drilling the Jetstream #2 well, down-hole wireline logs will be collected, and an optical televiewer run at both Jetstream #1 and #2. Flow testing and pressure build-up monitoring are planned for both wells in early March following a post-drill stabilisation period.

2025 Drill Program to Date

As mentioned by news release on January 13, 2025, the Company successfully completed deepening the Jetstream #1 appraisal well, reaching a TD of 5,100 feet (1,555 metres) on January 11, successfully penetrating the current interpreted helium-bearing zone. Mud log gas levels containing up to 7.24% helium were encountered during drilling. These samples are diluted by atmospheric air due to the rotary air drilling method used and unaffected samples for laboratory analysis will be acquired in due course.

Strategic Significance

The Jetstream #1 appraisal well previously reached TD of 2,200 feet (671 metres) on the February 27, 2024, identifying top-tier helium concentrations of up to 14.5%, well above the 0.3% widely accepted economic threshold, and CO2 concentrations exceeding 70% - with the latter expected to further contribute to the project economics. The deepening of Jetstream #1 is a pivotal step in advancing Pulsar's strategy to address the increasing global demand for helium as the Company moves another step closer to production. The deepening of Jetstream #1 will target the full height of the helium reservoir, guided by insights from recently acquired survey data, previous drilling phases, and onsite testing.

On behalf Pulsar Helium Inc.

"Thomas Abraham-James"

President, CEO and Director

Pulsar Helium Inc.

+ 1 (218) 203-5301

Strand Hanson Limited

(Nominated & Financial Adviser, and Joint Broker)

Ritchie Balmer / Rob Patrick / Richard Johnson

OAK Securities*

(Joint Broker)

BlytheRay Ltd

(Financial PR)

Megan Ray / Said Izagaren

About Pulsar Helium Inc.

LinkedIn https://ca.linkedin.com/company/pulsar-helium-inc.