Closes Major Minnesota Land Position and TVR
Pulsar Helium Inc. has issued 292,560 Consideration Shares to Oscillate PLC, representing the first two monthly tranches of US$80,000 each, at VWAPs of C$0.7797 and C$0.7543 respectively, as part of an all-share transaction to acquire up to 100% of Quantum Hydrogen Inc. These new shares, which will rank pari passu with existing shares, are expected to be admitted to trading on AIM on or around December 23, 2025, bringing the total number of issued common shares to 167,744,915. The remaining US$640,000 of the transaction will be satisfied over the coming months, with all Consideration Shares subject to a four-month-and-one-day hold period.
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Unless otherwise defined herein, capitalized terms used in this announcement have the same meanings given to them in the Company's announcement dated November 4, 2025.
| NEWS RELEASE | DECEMBER 19, 2025 | CASCAIS, PORTUGAL |
PULSAR HELIUM CLOSES MAJOR MINNESOTA LAND POSITION TO THE WEST OF TOPAZ PROJECT AND TVR
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium exploration and development company, provides an update following its announcement on November 4, 2025, announcing the execution of a definitive agreement (the "Agreement") with Oscillate PLC ("Oscillate"), to acquire up to 100% of Oscillate's wholly owned subsidiary, Quantum Hydrogen Inc. in an all-share transaction (the "Transaction").
On December 18, 2025, the Company issued a total of 292,560 shares (the "Consideration Shares") to Oscillate satisfying the first and second monthly tranches of US$80,000 each, at a VWAP of C$0.7797 for tranche one and C$0.7543 for tranche two, pursuant to the terms of the Agreement, having received final acceptance from the TSXV. The remaining tranches, totaling US$640,000, will be satisfied over the coming months.
Admission to AIM and Total Voting Rights
Application is being made to the London Stock Exchange plc for the admission of the 292,560 Common Shares issued pursuant to abovementioned Agreement, to be admitted to trading on AIM, which is expected to occur, and dealings commence at 8:00 a.m. on or around December 23, 2025. The new Common Shares will rank pari passu with the Company's existing Common Shares.
On Admission, the total number of Common Shares in issue will be 167,744,915 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.
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)
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About Pulsar Helium Inc.
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