Board Change, Option Exercise, Director Dealing
Pulsar Helium Inc. announced a board change with Brice Laurent's resignation and the exercise of 450,000 stock options by Garennes Ventures B.V., generating CAD$202,500 for the company. Additionally, Chief Financial Officer and Director Dan O'Brien disposed of 16,500 common shares for approximately CAD$2.55 each. The 450,000 new shares issued from the option exercise are expected to be admitted to AIM on April 8, 2026, bringing the total issued shares to 185,224,719.
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| NEWS RELEASE | APRIL 1, 2026 | CASCAIS, PORTUGAL |
PULSAR HELIUM ANNOUNCES BOARD CHANGE, STOCK OPTION EXERCISE, DIRECTOR DEALING AND TVR
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company") announces that on March 31, 2026, Brice Laurent resigned as a director of the Company.
In addition, Mr. Laurent, through Garennes Ventures B.V., a company beneficially owned by Mr. Laurent, exercised 450,000 stock options, issued pursuant to the Company's shareholder and TSX Venture Exchange approved Stock Option Plan, over new common shares at an exercise price of CAD$0.45 per share, and generated cash proceeds for the Company of CAD$202,500.
Director/PDMR Shareholding
The Company was notified of the disposition on March 30, 2026, of 16,500 common shares by Dan O'Brien, Chief Financial Officer and Director of the Company (the "Disposition"). Following the Disposition, Mr. O'Brien owns 16,500 common shares personally, and 219,333 common shares through his beneficial interest in Golden Oak Corporate Services Ltd., a company owned by Mr. O'Brien and Ben Meyer, Corporate Secretary of the Company. In addition, Mr. O'Brien is interested directly in 450,000 stock options pursuant to the Company's shareholder approved Stock Option Plan.
The PDMR notification forms below sets additional information.
Admission to AIM and Total Voting Rights
Application has been made to the London Stock Exchange plc for the admission of the 450,000 new common 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 April 8, 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 185,224,719 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 of 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
Yellow Jersey
(Financial PR)
Charles Goodwin / Annabelle Wills
PDMR Notification Forms:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Garennes Ventures B.V. is a PCA of Brice Laurent, Director of the Company |
| 2. | Reason for the Notification | |
| a) | Position/status | Director |
| b) | Initial notification/amendment | Initial notification |
| a) | Name | Pulsar Helium Inc. |
| b) | LEI | 254900ZCNH1VXNBQY881 |
| a) | Description of the Financial instrument, type of instrument | Common Shares of no par value |
| Identification code | CA7459321039 | |
| b) | Nature of the Transaction | Shares issued pursuant to the exercise of stock options |
| c) | Price(s) and volume(s) | Price(s) Volume(s) CAD$0.45 450,000 |
| d) | Aggregated information Aggregated volume Price | N/A (single transaction) |
| e) | Date of the transaction | March 31, 2026 |
| f) | Place of the transaction | Outside trading venue |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Dan O'Brien, Chief Financial Officer and Director of the Company |
| 2. | Reason for the Notification | |
| a) | Position/status | Director |
| b) | Initial notification/amendment | Initial notification |
| a) | Name | Pulsar Helium Inc. |
| b) | LEI | 254900ZCNH1VXNBQY881 |
| a) | Description of the Financial instrument, type of instrument | Common Shares of no par value |
| Identification code | CA7459321039 | |
| b) | Nature of the Transaction | Sale of Common Shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) CAD 2.53 CAD 2.54 CAD 2.55 CAD 2.65 5,000 5,000 5,000 1,500 |
| d) | Aggregated information | Volume: 16,500 Price: CAD 2.55 |
| e) | Date of the transaction | March 30, 2026 |
| f) | Place of the transaction | TSX Venture Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.