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Update on Transaction with Oscillate PLC and TVR

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Pulsar Helium Inc. has provided an update on its acquisition of Quantum Hydrogen Inc. from Oscillate PLC, issuing 145,434 additional common shares valued at US$80,000 to satisfy the third monthly tranche, bringing the total issued shares to 292,560 for the first three tranches. The company will acquire 80% of Quantum upon issuing two more US$80,000 monthly tranches, with an option to acquire the remaining 20% for US$400,000 in shares by May 2027. Additionally, 250,000 stock options were exercised, generating CAD$112,500 in cash proceeds. Application has been made for the 145,434 consideration shares and 250,000 stock option shares to be admitted to trading on AIM on or around January 26, 2026, increasing the total number of common shares in issue to 170,713,349.

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NEWS RELEASEJANUARY 21, 2026CASCAIS, PORTUGAL

PULSAR HELIUM PROVIDES UPDATE ON TRANSACTION WITH OSCILLATE PLC AND TVR

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium company, provides an update following its announcements on November 4, 2025, and December 19, 2025, regarding its option to acquire up to 100% of the shares of Quantum Hydrogen Inc. ("Quantum"), a 100% owned subsidiary of Oscillate PLC ("Oscillate"), in an all-share transaction (the "Transaction").

On December 18, 2025, the Company issued a total of 292,560 common shares (the "Consideration Shares") to Oscillate, satisfying the first and second monthly share option tranches valued at US$80,000 each, at a VWAP of C$0.7797 for tranche one and C$0.7543 for tranche two.

On January 20, 2026, the Company issued an additional 145,434 Consideration Shares to Oscillate, satisfying the third monthly share option tranche of US$80,000 at a VWAP of C$0.7556. Under the terms of the agreement with Oscillate, the Company will acquire 80% of the shares of Quantum upon issuing to Oscillate two additional monthly tranches of Consideration Shares to be valued at US$80,000 each over the coming months. The Company also has the option until May 3, 2027, to acquire the remaining 20% of the shares of Quantum from Oscillate in exchange for US$400,000 of Consideration Shares to be issued in 5 instalments of US$80,000 of Consideration Shares each after the Company has provided notice to Oscillate that it wishes to exercise such option.

In addition, the Company notes that on January 20, 2026, 250,000 stock options (the "Stock Option Shares"), issued pursuant to the Company's shareholder and TSX Venture Exchange approved Stock Option Plan, were exercised at an exercise price of CAD$0.45, and generated cash proceeds for the Company of CAD$112,500.00.

Admission to AIM and Total Voting Rights

Application is being made to the London Stock Exchange plc for the admission of the 145,434 Consideration Shares issued pursuant to abovementioned agreement, and 250,000 Stock Options Shares issued pursuant to abovementioned stock option exercise to be admitted to trading on AIM, which is expected to occur, and dealings commence at 8:00 a.m. on or around January 26, 2026. 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 170,713,349 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)

Strand Hanson Limited

(Nominated & Financial Adviser, and Broker)

Ritchie Balmer / Rob Patrick / Richard Johnson

Yellow Jersey PR Limited

(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.

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