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RNS Number : 2987Q Pulsar Helium Inc. 16 December 2024
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR
THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY,
ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER
JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE
LOCAL SECURITIES LAWS OR REGULATIONS.
NEWS RELEASE | 16 December 2024 | CASCAIS, PORTUGAL
Director/PDMR Shareholding
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), the helium project development company, has been notified of the
transfer of 12,014,071 common shares in the Company ("Common Shares")
beneficially owned by Neil Herbert, Executive Chairman and Director of the
Company, from Cambrian Limited to a newly created company, NH Family Office
Limited, which is beneficially owned by Neil Herbert to an equivalent extent
as Cambrian Limited. Cambrian Limited remains interested in 892,827 Common
Shares. Accordingly, there has been no change in Neil Herbert's beneficial
ownership in the securities of the Company, which stands at 12.3%.
The escrow arrangements and AIM Rule 7 lock-in agreement (as more fully
described in the Company's AIM Admission Document) governing the Common Shares
beneficially owned by Neil Herbert are not affected by the transfer and remain
in force.
In addition, Neil Herbert is interested in 1,750,000 options held over Common
Shares in the Company and 1,360,000 performance share units ("PSUs") in Pulsar
under the Company's equity incentive plan.
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 (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.
PDMR Notification Form:
The notification below, which has been made in accordance with the
requirements of UK MAR, provides further details.
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Neil Herbert
2. Reason for the Notification
a) Position/status Executive Chairman and Director
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Pulsar Helium Inc.
b) LEI 254900ZCNH1VXNBQY881
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv)each place
where transactions have been conducted
a) Description of the Financial instrument, type of instrument Common Shares of no par value
Identification code CA7459321039
b) Nature of the Transaction Transfer of shares between two companies beneficially owned to the same extent
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 12,014,071
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction 13 December 2024
f) Place of the transaction N/A outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
13 December 2024
f)
Place of the transaction
N/A outside trading venue
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.
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