Pulsar Inclusion on 2025 TSX Venture 50 List
Pulsar ranked 20th on TSX Venture 50 list for 2024 performance in its first full year on exchange.
- TSX Venture 50 ranking 20th
- TSX Venture 50 average share price appreciation in 2024 207%
- Combined market capitalisation of TSX Venture 50 group $21.7 billion
- Helium concentration at Jetstream #1, Topaz 14.5%
- Land position at Topaz 4,181 net acres
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| NEWS RELEASE | FEBRUARY 19, 2025 | CASCAIS, PORTUGAL |
PULSAR HELIUM ANNOUNCES INCLUSION ON 2025 TSX VENTURE 50 LIST
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 207% to investors in 2024, up from 121% in 2023 and 73% in 2022. In addition, the group holds a combined market capitalisation of $21.7 billion-an increase of over $16 billion over the course of the year.
- 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
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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.