RCS - Pulsar Helium Inc. - Pulsar Participation at Investor Meet Company

Pulsar HeliumAnnouncement

24/02/2025 07:00

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RNS Number : 1781Y  Pulsar Helium Inc.  24 February 2025

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NEWS RELEASE | FEBRUARY 24, 2025 | CASCAIS, PORTUGAL

PULSAR HELIUM PARTICIPATION AT THE INVESTOR MEET COMPANY SPOTLIGHT EVENT

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), the helium project development company, is pleased to announce
that Thomas Abraham-James, CEO, will be presenting online at the Investor Meet
Company Spotlight Event on February 26, 2025, at 5:00pm GMT (9:00am PST,
11:00am CST,12:00pm EST).

Thomas will be providing an update on Pulsar's Topaz Project in Minnesota
("Topaz"), following the successful deepening of Jetstream #1, drilling of
Jetstream #2 and the arrival of down-hole testing equipment on-site. Register
to attend this online only event via this link:
https://www.investormeetcompany.com/spotlight-events/register-investor
(https://www.investormeetcompany.com/spotlight-events/register-investor)

What sets Pulsar Helium apart in primary helium exploration & development?

Helium is a valuable and scarce resource, essential to many technology-driven
industries. Pulsar is a helium exploration and development company with the
Topaz project in Minnesota (USA) and the Tunu project in Greenland. Pulsar
stands out in the market through several key advantages:

•            World-class helium concentrations: raw gas containing up
to 14.5% helium has flowed at the Topaz Project (occurrences with >0.3%
helium are considered potentially economically viable).

•              Looking to production: an agreement has been signed
with Chart Industries, a leading supplier of industrial gas processing plant
and equipment.

•          News flow: at Topaz in 2025, Pulsar has deepened the
Jetstream #1 well, drilled the Jetstream #2 well, commenced seismic
acquisition and is now conducting well testing. All data will then be used to
update the resource and conduct an economic assessment.

•              Highly incentivised management and founders: owning
c.37% of the issued share capital (founders are subject to a 3-year lock-in
schedule that completes in Q1 2027).

•               Primary helium: not associated with hydrocarbons,
helium is the primary economic driver.

•            The Right Jurisdictions: the USA is the world's largest
market for helium and the Tunu project is one of very few helium occurrences
in Europe

•            Legislation: the State of Minnesota approved new gas
legislation in May 2024, and Pulsar was issued the first helium-hydrogen
licence in Greenland.

On behalf Pulsar Helium Inc.

"Thomas Abraham-James"

President, CEO and Director

Further Information:

Pulsar Helium Inc.

connect@pulsarhelium.com (mailto:connect@pulsarhelium.com)

+ 1 (218) 203-5301 (USA/Canada)

+44 (0) 2033 55 9889 (United Kingdom)

https://pulsarhelium.com (https://pulsarhelium.com)

https://ca.linkedin.com/company/pulsar-helium-inc
(https://ca.linkedin.com/company/pulsar-helium-inc) .

Strand Hanson Limited

(Nominated & Financial Adviser, and Joint Broker)

Ritchie Balmer / Rob Patrick / Richard Johnson

+44 (0) 207 409 3494

OAK Securities*

(Joint Broker)

Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon
Anadkat (Corporate Advisory)

info@OAK-securities.com (mailto:info@OAK-securities.com)

+44 203 973 3678

BlytheRay Ltd

(Financial PR)

Megan Ray / Said Izagaren

+44 207 138 3204
 

pulsarhelium@blytheray.com (mailto:pulsarhelium@blytheray.com)

*OAK Securities is the trading name of Merlin Partners LLP, a firm
incorporated in the United Kingdom and regulated by the UK Financial Conduct
Authority.

About Pulsar Helium Inc.

Pulsar Helium Inc. is a publicly traded company listed on the AIM market of
the London Stock Exchange and the TSX Venture Exchange with the ticker PLSR,
as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of
its flagship Topaz helium project in Minnesota, USA, and the Tunu helium
project in Greenland. Pulsar is the first mover in both locations with primary
helium occurrences not associated with the production of hydrocarbons
identified at each.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release and the interview contains forward-looking information
within the meaning of Canadian securities legislation (collectively,
"forward-looking statements") that relate to the Company's current
expectations and views of future events. Any statements that express, or
involve discussions as to, expectations, beliefs, plans, objectives,
assumptions or future events or performance (often, but not always, through
the use of words or phrases such as "will likely result", "are expected to",
"expects", "will continue", "is anticipated", "anticipates", "believes",
"estimated", "intends", "plans", "forecast", "projection", "strategy",
"objective" and "outlook") are not historical facts and may be forward-looking
statements. Forward-looking statements herein include, but are not limited to,
statements relating to the independent resource estimate for helium and CO2 at
Topaz; the potential of CO2 as a valuable by-product of the Company's future
helium production; the estimated Geological Chance of Success for the
Prospective Resources and the Chance of Commerciality of Topaz; the potential
for deepening Jetstream #1 and the potential impact of such deepening on the
next iteration of the resource estimate; the potential of the Topaz and Tunu
projects; and the intended use of proceeds from the AIM IPO; the expected
timing to commence drilling; and the potential for future wells.
Forward-looking statements may involve estimates and are based upon
assumptions made by management of the Company, including, but not limited to,
the Company's capital cost estimates, management's expectations regarding the
availability of capital to fund the Company's future capital and operating
requirements and the ability to obtain all requisite regulatory approvals.

No reserves have been assigned in connection with the Company's property
interests to date, given their early stage of development. The future value of
the Company is therefore dependent on the success or otherwise of its
activities, which are principally directed toward the future exploration,
appraisal and development of its assets, and potential acquisition of property
interests in the future. Un-risked Contingent and Prospective Helium Volumes
have been defined at the Topaz Project. However, estimating helium volumes is
subject to significant uncertainties associated with technical data and the
interpretation of that data, future commodity prices, and development and
operating costs. There can be no guarantee that the Company will successfully
convert its helium volume to reserves and produce that estimated volume.
Estimates may alter significantly or become more uncertain when new
information becomes available due to for example, additional drilling or
production tests over the life of field. As estimates change, development and
production plans may also vary. Downward revision of helium volume estimates
may adversely affect the Company's operational or financial performance.

Helium volume estimates are expressions of judgement based on knowledge,
experience and industry practice. These estimates are imprecise and depend to
some extent on interpretations, which may ultimately prove to be inaccurate
and require adjustment or, even if valid when originally calculated, may alter
significantly when new information or techniques become available. As further
information becomes available through additional drilling and analysis the
estimates are likely to change. Any adjustments to volume could affect the
Company's exploration and development plans which may, in turn, affect the
Company's performance. The process of estimating helium resources is complex
and requires significant decisions and assumptions to be made in evaluating
the reliability of available geological, geophysical, engineering, and
economic date for each property. Different engineers may make different
estimates of resources, cash flows, or other variables based on the same
available data.

Forward-looking statements are subject to a number of risks and uncertainties,
many of which are beyond the Company's control, which could cause actual
results and events to differ materially from those that are disclosed in or
implied by such forward- looking statements. Such risks and uncertainties
include, but are not limited to, that Pulsar may be unsuccessful in drilling
commercially productive wells; the uncertainty of resource estimation;
operational risks in conducting exploration, including that drill costs may be
higher than estimates and the potential for delays in the commencement of
drilling; commodity prices; health, safety and environmental factors; and
other factors set forth above as well as under "Cautionary Note Regarding
Forward Looking Statements and Market and Industry Data" and "Risk Factors" in
the Final Prospectus dated July 31, 2023 filed on the Company's profile on
www.sedarplus.ca. Forward-looking statements contained in this news release
are as of the date of this news release, and the Company undertakes no
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as may be
required by law. New factors emerge from time to time, and it is not possible
for the Company to predict all of them or assess the impact of each such
factor or the extent to which any factor, or combination of factors, may cause
results to differ materially from those contained in any forward-looking
statement. No assurance can be given that the forward-looking statements
herein will prove to be correct and, accordingly, investors should not place
undue reliance on forward-looking statements. Any forward-looking statements
contained in this news release and interview are expressly qualified in their
entirety by this cautionary statement.

 

 

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