REG - Pulsar Helium Inc. - Update Transaction Oscillate, Warrant Exercise TVR

Pulsar HeliumAnnouncement

10/02/2026 07:00

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RNS Number : 3174S  Pulsar Helium Inc.  10 February 2026

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NEWS RELEASE |FEBRUARY 10, 2026 | CASCAIS, PORTUGAL

PULSAR HELIUM PROVIDES UPDATE ON TRANSACTION WITH OSCILLATE PLC, WARRANT
EXERCISE AND TVR

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), a primary helium company, provides an update following its
announcements on November 4, 2025, December 19, 2025, and January 21, 2026,
regarding its option to acquire up to 100% of the shares of Quantum Hydrogen
Inc. ("Quantum"), a 100% owned subsidiary of Oscillate PLC ("Oscillate"), in
an all-share transaction (the "Transaction").

On December 18, 2025, the Company issued a total of 292,560 common shares (the
"Consideration Shares") to Oscillate, satisfying the first and second monthly
share option tranches valued at US$80,000 each, at a VWAP of C$0.7797 for
tranche one and C$0.7543 for tranche two.

On January 20, 2026, the Company issued an additional 145,434 Consideration
Shares to Oscillate, satisfying the third monthly share option tranche of
US$80,000 at a VWAP of C$0.7556.

On February 9, 2026, the Company issued an additional 80,947 Consideration
Shares to Oscillate, satisfying the fourth monthly share option tranche of
US$80,000 at a VWAP of C$1.3508.

Under the terms of the agreement with Oscillate, the Company will acquire 80%
of the shares of Quantum upon issuing to Oscillate one additional monthly
tranche of Consideration Shares to be valued at US$80,000 over the coming
month. The Company also has the option until May 3, 2027, to acquire the
remaining 20% of the shares of Quantum from Oscillate in exchange for
US$400,000 of Consideration Shares to be issued in 5 instalments of US$80,000
of Consideration Shares each after the Company has provided notice to
Oscillate that it wishes to exercise such option.

The Consideration Shares issued in connection with the Transaction are subject
to a four-month-and-one-day hold period from the date of issuance.

Warrant Exercise

In addition, the Company notes on February 9, 2026, 134,109 share purchase
warrants ("Warrant Exercise Shares") - issued on January 10, 2025, pursuant to
an advisory engagement, as announced on December 18, 2024 - were exercised at
a price of CAD$0.57, and generated cash proceeds for the Company of C$76,442.

Admission to AIM and Total Voting Rights

Application is being made to the London Stock Exchange plc for the admission
of the 80,947 Consideration Shares, and 134,109 Warrant Exercise Shares to be
admitted to trading on AIM, which is expected to occur, and dealings commence
at 8:00 a.m. on or around February 13, 2026. The new common shares will rank
pari passu with the Company's existing common shares.

On Admission, the total number of common shares in issue will be 170,951,522
with voting rights. This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company's
issued share capital pursuant to the Company's Articles.

On behalf Pulsar Helium Inc.

"Thomas Abraham-James"

President, CEO and Director

Further Information:

Pulsar Helium Inc.

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 Broker)

Ritchie Balmer / Rob Patrick / Richard Johnson

+44 (0) 207 409 3494

Yellow Jersey PR Limited

(Financial PR)

Charles Goodwin / Annabelle Wills

+44 777 5194 357

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

About Pulsar Helium Inc.

Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of
the London Stock Exchange and listed on 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.

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