Completion of Jetstream #2

PULSAR HELIUM ANNOUNCES SUCCESSFUL COMPLETION OF THE JETSTREAM #2 APPRAISAL WELL, TOPAZ PROJECT, MINNESOTA, USA

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a leading helium project development company, is pleased to announce the successful completion of drilling the Jetstream #2 appraisal well at its flagship Topaz Project in Minnesota, USA. The drilling operation reached Total Depth ("TD") of 5,638 feet (1,718 metres) on February 1st, 2025, successfully penetrating the entire interpreted helium-bearing interval, and beyond. Elevated helium values were encountered in Jetstream #2 over a gross vertical thickness of 3,178 feet (969 metres) with samples containing up to 3.5% helium identified, despite dilution from atmospheric air due to the rotary air drilling method used.

Key Achievements

• Successful Drilling: Jetstream #2 reached its target depth of 5,638 feet on February 1st, 2025.

​

• Promising Helium Readings: Mud log gas levels containing up to 3.5% helium were encountered during drilling. These samples are diluted by atmospheric air due to the rotary air drilling method used, where air is forced into the well by compressors. Actual helium concentration is likely higher than the measured 3.5% and uncontaminated samples for laboratory analysis will be acquired in due course to determine the true helium concentration.

​

• Expanded Reservoir: Elevated helium values were encountered in Jetstream #2 over a gross vertical thickness of 3,178 feet (969 metres), commencing at 2,460 feet (650 metres) to and ending at TD.

​

• Comprehensive Data Collection: Down-hole wireline logging data was acquired on February 1st, this data will be integrated with additional downhole data that will be acquired over the coming weeks.

​

• Next Steps: Additional data collection, including optical televiewer, high-definition spectroscopy, pressure, and flow testing, will be conducted for Jetstream #1 and #2 in February and March. All data will then be sent to an independent resource estimator for a resource update, and to Chart Industries for production scenario assessment and conceptual processing facility design.

Thomas Abraham-James, President & CEO of Pulsar Helium, commented on the drilling:

"Drilling of the Jetstream #2 appraisal well and deepening of Jetstream #1 is now complete, both of which were a resounding success with multiple high-concentration helium shows encountered. My congratulations to our operational team for accomplishing these tasks on time and without injury. The newly identified gas shows and highly encouraging helium readings give us great confidence for this being the most significant new primary helium discovery in North America. We now move into the all-important testing phase and I look forward to keeping the market updated with results as they arrive."

Expanded Reservoir Potential

Elevated helium values for both Jetstream #1 and #2 occurred over a gross vertical thickness of 3,350 and 3,178 feet (1,021 and 969 metres) respectively, showing consistency between wells and suggests that interpreted geophysical data correctly indicates that the helium-bearing zone extends beyond 2,200 feet (671 metres) which was the TD of Jetstream #1 prior to deepening. The increased gross helium-bearing interval potentially enhances the project's resource potential and underscores the value of the Topaz Project.

Ongoing Analysis and Testing

Additional testing, including optical televiewer and high-definition spectroscopy are scheduled to occur later in February, with pressure and flow testing planned for March. These will further refine the Company's understanding of the reservoir properties and production potential.

Strategic Significance

The Jetstream #1 appraisal well previously reached TD of 2,200 feet (671 metres) on February 27th, 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 and completion of Jetstream #2 are pivotal steps in advancing Pulsar's strategy to address the increasing global demand for helium as the Company moves toward its objective of production.

On behalf Pulsar Helium Inc.

"Thomas Abraham-James"

President, CEO and Director

Pulsar Helium Inc.

+ 1 (218) 203-5301 (USA/Canada)

+44 (0) 2033 55 9889 (United Kingdom)

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.

Qualified Person Signoff