Project Finance Facility and Closing of Placement

PULSAR HELIUM ANNOUNCES PROJECT FINANCE FACILITY AND CLOSING OF FINAL TRANCHE OF PRIVATE PLACEMENT

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a leading helium project development company, is pleased to announce that University Bancorp, Inc. has signed a term sheet to extend a US$4 million Project Finance facility to Pulsar's wholly owned Minnesota operating subsidiary, Keewaydin Resources, Inc. ("Keewaydin") in the form of a line of credit (the "Facility"). The Facility will be guaranteed by Pulsar and secured by a pledge of all of the shares of Keewaydin and a first lien on all assets of Keewaydin. The Facility will mature on March 31, 2026, and will bear interest on any amount drawn at 12% per annum. A utilization fee of 2% will be charged on the balance of any draws on the Facility, however such fees shall be reimbursable by Keewaydin at maturity. Keewaydin will draw funds from the Facility as needed to fund operational activities on Pulsar's Topaz helium project ("Topaz") in the near term.

The Facility is subject to the execution of definitive documentation and certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange, if required.

With positive drilling results to date at Topaz and imminent flow testing of the two Jetstream wells, the Company has re-evaluated the need to raise additional equity capital at this point. Contractors have confirmed their availability to mobilize to Topaz and commence flow testing of the Jetstream #1 and #2 wells on or around March 29, 2025, with each well to be flowed for a period of approximately two weeks. At the same time, uncontaminated gas samples will also be collected from each well and sent for laboratory analysis.

In addition, on March 21, 2025, the Company closed the second and final tranche (the "Final Tranche") of the brokered private placement (the "Private Placement"), previously announced on December 30, 2024, January 10, 2025, and February 19, 2025 through the issuance of 1,124,994 new common shares ("Common Shares") (the "Offered Shares"), at a purchase price of US$0.38 per Offered Share (equivalent to approximately C$0.55 / GBP0.30) for gross proceeds of US$427,498. Together with the First Trance, the Company raised a total of US$2,427,498 gross proceeds and issued a total of 6,388,154 new Common Shares pursuant to the Private Placement.

In connection with the Final Tranche, the Company paid a cash fee of US$25,650 to its Co-Placing Agent, University Bank.

The Offered Shares issued in connection with the Final Tranche are subject to a four-month and one day hold period.

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

"We welcome the Project Finance transaction for our Topaz helium project in Minnesota. This provides the working capital required to advance the project and avoids additional shareholder dilution. Initial drilling results at Topaz have been positive, and the upcoming flow tests on both Jetstream wells mark an exciting milestone as we move closer to our goal of helium production."

Admission to AIM and Total Voting Rights

Application is being made to the London Stock Exchange plc for the admission of the 1,124,994 Offered Shares issued pursuant to the Final Tranche to be admitted to trading on AIM, which is expected to occur and dealings commence at 8.00 a.m. on or around March 27, 2025. The Offered Shares will rank pari passu with the Company's existing Common Shares.

On Admission, the total number of Common Shares in issue will be 133,692,971 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's issued share capital pursuant to the Company's Articles.

About the Topaz Project

The Topaz project is located in northern Minnesota, USA where Pulsar is the first mover and holds exclusive leases. Drilling at the Jetstream #1 appraisal well has reached total depth (TD) of 5,100 feet (1,555 metres) on January 11, 2025, successfully penetrating the entire interpreted helium-bearing reservoir and beyond. The Jetstream #1 appraisal well previously reached TD of 2,200 feet (671 metres) on 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. In addition, the Jetstream #2 appraisal well was completed on February 1, 2025 reaching a TD of 5,638 feet (1,718 metres) The deepening of Jetstream #1 and completion of the drilling of Jetstream #2 are pivotal steps in advancing Pulsar's strategy to address the increasing global demand for helium as the Company moves another step closer to production.

Caution to US Investors

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

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About Pulsar Helium Inc.