Receipt of Conditional Approval - Update Fundraise
TSX-V conditional approval received for fundraise; 14.97m shares admitted to AIM on August 29, 1.2m on September 1.
- New Common Shares admitted on First Admission 14,974,338
- New Common Shares admitted on Second Admission 1,200,000
- Total Common Shares after First Admission 149,067,309
- Total Common Shares after Second Admission 150,267,309
Select text to share a quote on X · sign in to keep highlights & notes in your PLSR notes
Unless otherwise defined herein, capitalised terms used in this announcement have the same meanings given to them in the Company's announcement dated August 20, 2025.
| NEWS RELEASE | AUGUST 28, 2025 | CASCAIS, PORTUGAL |
PULSAR HELIUM ANNOUNCES RECEIPT OF CONDITIONAL APPROVAL AND AN UPDATE TO THE FUNDRAISE TIMETABLE
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a leading helium project development company, announces that, further to its announcements dated August 20 and 21, 2025 in relation to the Offering, the Company has received the conditional approval of the Offering from the TSX Venture Exchange (the "TSX-V"). The Company also provides an update to the timetable for admission of the new Common Shares to trading on AIM.
Application has been made to the London Stock Exchange plc for the admission to trading on AIM of 14,974,338 new Common Shares, which is expected to occur and dealings commence at 8.00 a.m. on or around August 29, 2025 ("First Admission"). In addition, application has been made for the admission to trading on AIM of 1,200,000 new Common Shares, relating to the Subscription, which is expected to occur and dealings commence at 8.00 a.m. on or around September 1, 2025 ("Second Admission").
The new Common Shares, when issued and fully paid, will rank pari passu in all respects with the existing Common Shares. On First Admission and Second Admission respectively, the total number of Common Shares in issue will be 149,067,309 and 150,267,309, 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, of 3% or greater of the Company's issued share capital pursuant to the Company's Articles.
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
OAK Securities*
(Joint Broker)
Richard McGlashan / Mungo Sheehan
+44 7879 646641 / +44 7788 266844
richard.mcglashan@oak-securities.com / mungo.sheehan@oak-securities.com
Yellow Jersey
(Financial PR)
Charles Goodwin / Annabelle Wills
About Pulsar Helium Inc.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.