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RNS Number : 5289U Pulsar Helium Inc. 24 January 2025
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NEWS RELEASE | JANUARY 24, 2025 | CASCAIS, PORTUGAL
WATCH PULSAR HELIUM CEO IN LIVE Q&A WITH 'INVESTOR MEET COMPANY'
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), a leading helium project development company , is pleased to
announce that Thomas Abraham-James, President and CEO, will answer investor
questions and provide a live review of Pulsar's outreach initiative: 'The Box
Set', Series 2 and Series 3 via Investor Meet Company
(https://www.investormeetcompany.com/pulsar-helium-inc-1/register-investor) on
January 27, 2025 at 1:00 p.m. (GMT).
Join Pulsar's Co-Founder, President and CEO, Thomas Abraham-James, as he
discusses the ongoing drilling programme at the Topaz Project in Minnesota
("Topaz" or the "Project"), including progress being made regarding the
recently signed agreement with Chart Industries for helium and carbon dioxide
capture and production (as announced November 20, 2024), while also reviewing
highlights from Pulsar's #PLSRBOXSET 'Meet The Team' community engagement
initiative.
The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
January 26, 2025, at 09:00 a.m. (GMT), or at any time during the live
presentation.
Investors can sign up to Investor Meet Company for free and add to meet Pulsar
via:
https://www.investormeetcompany.com/pulsar-helium-inc-1/register-investor
(https://www.investormeetcompany.com/pulsar-helium-inc-1/register-investor)
Investors who already follow Pulsar on the Investor Meet Company platform will
automatically be invited.
PULSAR HIGHLIGHTS
• Primary Helium Discovery: Pulsar leads in helium
exploration, with its flagship Topaz project in Minnesota demonstrating top
tier helium concentrations, far exceeding economic viability thresholds.
Drilling also revealed a potential value-add CO₂ by-product.
• 2025 Drill Programme at Topaz:
o Jetstream #1: Appraisal well deepened to 5,100 feet, intersecting
helium-rich zones with significantly diluted mud gas readings of up to 7.24%
helium.
o Jetstream #2: Drilling began on January 16, 2025, targeting ~5,000 feet to
evaluate reservoir properties for enhanced resource estimation and production
modelling.
• Green Helium Focus: Pulsar prioritises sustainable extraction
practices, producing helium without the association of hydrocarbons or water,
giving investors peace-of-mind knowing that they're investing in a green
commodity.
• Technology-Driven Demand: Helium is essential for semiconductor
manufacturing, fibre-optic cable production, and MRI imaging. Its unique
properties also support advancements in data storage and the expanding space
industry. With demand surging and supply constrained, new helium sources are
vital for technological progress.
• Strong Management: The management team combines decades of
helium industry experience, leading strategic initiatives and enhancing
operational effectiveness.
• Safe Jurisdictions: With its projects in USA and
Greenland, Pulsar benefits from supportive local legislation and a
community-focused approach, significantly de-risking its projects.
• Learn more: Watch now: The Force In Helium -
Pulsar's 3 x Minute Video Explainer
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
+44 (0) 2033 55 9889
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 potential impact of drilling Jetstream #2 and the
deepening Jetstream #1 and the potential impact of such drilling of Jetstream
#2 and of deepening Jetstream #1 on the next iteration of the resource
estimate; 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 deepening
the Jetstream #1, 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 AIM Admission Document published on October
14, 2024 found on the Company's web site at
https://pulsarhelium.com/investors/aim-rule-26/default.aspx
(https://pulsarhelium.com/investors/aim-rule-26/default.aspx) .
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 are
expressly qualified in their entirety by this cautionary statement.
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