Pulsar Helium - Retail Offer
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- The Issue Price for the new Common Shares is 75 pence per new Common Share;
- Applications for new Common Shares through these partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts ("GIAs");
- The Retail Offer is available to both existing shareholders and new investors;
- There is a minimum subscription of £250 per investor in the Retail Offer;
- No commission will be charged by RetailBook on applications to the Retail Offer.
- More information on RetailBook's partner network and how investors can participate in the Retail Offer can be found here: https://app.retailbook.com/offers/pulsar-helium-inc.
The Retail Offer
Pulsar (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF), the AIM quoted primary helium company advancing its flagship Topaz Project in northeastern Minnesota, is pleased to announce a conditional retail offer of new Common Shares in the capital of the Company ("Common Shares") via RetailBook (the "Retail Offer") at an issue price of 75 pence per new Ordinary Share (the "Issue Price"). The Company is also conducting a placing of new Common Shares to institutional investors by way of an accelerated bookbuilding process (the "Placing") and a direct subscription (the "Subscription") as announced by the Company earlier today. For the avoidance of doubt, the Retail Offer is not part of the Placing or Subscription.
The Retail Offer is conditional on the new Common Shares to be issued pursuant to the Retail Offer, the Placing and Subscription being admitted to trading on AIM ("Admission"). Admission is expected to take place at 8:00 a.m. on 13 July 2026.
The Retail Offer will not be completed without the Placing also being completed.
The Company will use the net proceeds of the Retail Offer towards the commissioning of additional production-ready wells at the Topaz Project.
Reason for the Retail Offer
The Retail Offer is open to eligible investors resident and physically located in the United Kingdom following release of this announcement. The Retail Offer is expected to close at 9 p.m. on 7 July 2026 and may close earlier at the discretion of the Company or if it is oversubscribed.
Investors can participate through RetailBook's partner network of investment platforms, retail brokers and wealth managers, subject to such partners' participation. More information on RetailBook's partner network can be found here: https://app.retailbook.com/offers/pulsar-helium-inc.
Applications for new Common Shares through participating partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as GIAs. Investors wishing to apply using their ISA, SIPP or GIA should contact their investment platform, retail broker or wealth manager for details of their terms and conditions, process and any relevant fees or charges.
Eligibility for the Retail Offer
Eligible investors wishing to subscribe for new Common Shares should contact their investment platform, retail broker or wealth manager to confirm if they are participating in the Retail Offer.
Some partners may only accept applications from existing shareholders and/or existing customers.
There is a minimum subscription of £250 per investor. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges. Note, no commission will be charged to investors by RetailBook in connection with the Retail Offer.
It is a term of the Retail Offer that the aggregate value of the shares available for subscription at the Issue Price does not, unless further allocations are agreed by the Company at its discretion, exceed £1,100,000.
It should be noted that a subscription for new Common Shares and investment in the Company carries a number of risks. Investors should take independent advice from a person experienced in advising on investment in securities such as the new Common Shares if they are in any doubt.
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