RCS - Pulsar Helium Inc. - Pulsar to Present at Swiss Mining Institute

Pulsar HeliumAnnouncement

19/11/2024 07:00

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RNS Number : 7674M  Pulsar Helium Inc.  19 November 2024

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NEWS RELEASE | NOVEMBER 19, 2024 | CASCAIS, PORTUGAL

PULSAR HELIUM TO PRESENT AT THE SWISS MINING INSTITUTE ANNUAL CONFERENCE

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 and President of the Company, will be
delivering a presentation at the Swiss Mining Institute Annual Conference,
being held on 21 November 2024 at 15:00 CET, at The Dolder Grand,
Kurhausstrasse 65, 8032, Zurich, Switzerland.

The presentation will outline Pulsar's investment case, emphasising how newly
acquired seismic data has enhanced the geological model of the Company's
flagship Topaz helium project in Minnesota ("Topaz").

INVESTMENT CASE HIGHLIGHTS

•          In Q4 2024, and as announced 4 November 2024, Pulsar will
deepen the Jetstream #1 appraisal well at Topaz. In February 2024, Pulsar
drilled Jetstream #1 to a total depth of 2,200 feet (671 metres) only tagging
the uppermost section of the helium bearing zone. This next phase will drill
1,640 feet (500 metres) deeper into the high-concentration helium bearing zone
to fully assess the reservoir's full potential.

•        This follows results announced by the Company on 6 June 2024 ,
which identified helium concentrations of up to 14.5%, significantly exceeding
the 0.3% widely accepted economic threshold for commercial viability and
strong flow rates.

•             Independent verified resource evaluations estimate
recoverable prospective resources of up to 2.8 billion cubic feet ("Bcf") of
helium (gross, P10), and 21.3 Bcf of CO2 (gross, P10). The evaluation covers
just 13% of the Company's gross land position and highlights the potential for
further resource expansion. Further information on the Company's resource
position, including net figures, is available in the Company's AIM Admission
Document.

•           Amid ongoing supply constraints, demand for helium
continues to grow due to its critical role in advancing technology. With
mineral security now a top priority for G7 economies, identifying and
developing new primary helium sources in stable jurisdictions - ensuring
risk-free extraction throughout the reservoir's lifespan - has become
increasingly important.

SWISS MINING INSTITUTE

The Swiss Mining Institute ("SMI") is owned by Bally Capital Advisors SA
("Bally Capital Advisors"), a Swiss based Asset management company founded in
2003. Bally Capital Advisors is a member of the Swiss Association of Asset
Managers and Groupement Patronal des Gérants de Patrimoines.

The SMI presents two major annual investment conferences per year in
Switzerland, and participation in these private events are by invitation only.
Each conference provides top quality, independent perspectives from experts
within the resources sector, together with presentations from over 100
selected mining companies. Furthermore, SMI invites 1000+ selected Asset
Managers, Portfolio Managers, Fund Managers, and other Professional Investors
from all over the world.

Further Information:

Pulsar Helium Inc.

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

+ 1 (604) 599-0310

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.

For further information visit:

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

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

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

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 and Topaz's potential; the plan to deepen the Jetstream #1 appraisal
well and the expected timing to complete drilling; and the potential for
further resource expansion at Topaz. 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 Topaz. 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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