REG - Pulsar Helium Inc. - PSU Issuance, Stock Option Exercise, TVR & PDMR

Pulsar HeliumAnnouncement

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RNS Number : 3542Y  Pulsar Helium Inc.  27 March 2026

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OR REGULATIONS.

NEWS RELEASE | MARCH 27, 2026 | CASCAIS, PORTUGAL

PULSAR ANNOUNCES PSU SHARE ISSUANCE, STOCK OPTION EXERCISE, TVR AND
DIRECTOR/PDMR SHAREHOLDING

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), a primary helium company, announces the issuance of new common
shares ("Shares") to certain members of the Board and a senior employee
pursuant to the conversion of Performance Share Units ("PSUs") under its Fixed
Equity Incentive Plan (the "Equity Plan"), as approved by the TSX Venture
Exchange on November 20, 2023, a stock option exercise and Director/PDMR
dealings.

PSU Conversions

The new Shares were issued to two directors and a senior employee of the
Company as follows:

·    200,000 new Shares were issued to a senior employee of the Company
pursuant to the conversion of PSUs.

·    Cambrian Limited, a company beneficially owned and controlled by Neil
Herbert, Executive Chair of the Company, was issued 906,000 new Shares
pursuant to the conversion of PSUs ("Cambrian PSU Conversion").

·    Thomas Abraham-James, President and CEO of the Company, was issued
960,000 new Shares pursuant to the conversion of PSUs.

The PDMR notification forms below sets additional information.

Further details regarding Pulsar's Equity Plan are set out in the Company's
Management Information Circular dated April 2, 2025, which is available on
SEDAR+ at www.sedarplus.ca (http://www.sedarplus.ca) .

Stock Option Exercise

In addition, Pulsar notes on March 26, 2026, 152,939 stock options over new
Shares (the "Option Exercise"), issued pursuant to the Company's shareholder
and TSX Venture Exchange approved Stock Option Plan, were exercised by
Cambrian Limited at an exercise price of CAD 0.45 per Share, and generated
cash proceeds for the Company of CAD 68,822.

Director/PDMR Shareholding

The Company has been notified of the transfer of 892,827 Shares in the Company
from Cambrian Limited to NH Family Office Limited. Both Cambrian Limited and
NH Family Office Limited are beneficially owned and controlled by Neil Herbert
to an equivalent extent.

In addition, the Company was notified of dispositions on March 24, 2026, and
March 25, 2026, of in aggregate 1,058,939 Shares controlled by NH Family
Office Limited (the "Disposition"). Following the Cambrian PSU Conversion,
Option Exercise and the Disposition, Mr. Herbert's beneficial interest through
Cambrian Limited and NH Family Office Limited in Pulsar remains unchanged.
Accordingly, Neil Herbert, through Cambrian Limited and NH Family Office
Limited, exercises control or direction over, directly or indirectly,
12,906,898 Shares, representing 7.06% of the Company's issued and outstanding
Shares on Admission (as defined below).

Pulsar notes that Mr. Herbert is interested directly in 1,597,061 stock
options under the Company's shareholder-approved Stock Option Plan, and
454,000 PSUs pursuant to the Company's shareholder approved Equity Plan.

The PDMR notification forms below sets additional information.

Admission and total voting rights

Application will be made to the London Stock Exchange for the admission of the
2,218,939 new Shares (comprising 2,066,000 new Shares being issued pursuant to
the conversion of PSUs and 152,939 new Shares being issued pursuant to the
Option Exercise) to trading on AIM ("Admission"), which will rank pari passu
with existing Shares. Admission is expected to occur at 8.00 a.m. (BST) on or
around April 1, 2026.

Following Admission, Pulsar will have 182,927,658 Shares issued and there are
no shares held in treasury. This figure may be used by shareholders as the
denominator for the calculations to determine if they are required to notify
their interest in, or a change of their interest in, the Company under the
FCA's Disclosure Guidance and Transparency Rules and the Company's Articles.

On behalf of 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 Broker)

Ritchie Balmer / Rob Patrick

+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 (United Kingdom) and listed on the TSX Venture
Exchange with the ticker PLSR (Canada), as well as on the OTCQB with the
ticker PSRHF (United States of America). Pulsar's portfolio consists of its
flagship Topaz helium project in Minnesota, the Falcon project in Michigan
(both in the USA), and the Tunu helium project in Greenland. Pulsar is the
first mover in each location with primary helium occurrences not associated
with the production of hydrocarbons identified at both the Minnesota and
Greenland locations. Exploration work has not yet commenced at the Michigan
location.

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.

PDMR Notification Form:

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Cambrian Limited is a PCA of Neil Herbert, Executive Chairman and Director of
                                                                  the Company
 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                                    Shares issued pursuant to the conversion of performance share units
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  N/A       906,000
 d)  Aggregated information                                       N/A (single transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      March 26, 2026
 f)  Place of the transaction                                     Outside trading venue

d)

Aggregated information

Aggregated volume Price

N/A (single transaction)

e)

Date of the transaction

March 26, 2026

f)

Place of the transaction

Outside trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Thomas Abraham-James
 2.  Reason for the Notification
 a)  Position/status                                              Director, President & CEO
 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                                    Shares issued pursuant to the conversion of performance share units
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  N/A       960,000
 d)  Aggregated information                                       N/A (single transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      March 26, 2026
 f)  Place of the transaction                                     Outside trading venue

d)

Aggregated information

Aggregated volume Price

N/A (single transaction)

e)

Date of the transaction

March 26, 2026

f)

Place of the transaction

Outside trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Cambrian Limited is a PCA of Neil Herbert, Executive Chairman and Director of
                                                                  the Company
 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                                    Exercise of options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  CAD 0.45  152,939
 d)  Aggregated information                                       N/A (single transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      March 26, 2026
 f)  Place of the transaction                                     Outside trading venue

d)

Aggregated information

Aggregated volume Price

N/A (single transaction)

e)

Date of the transaction

March 26, 2026

f)

Place of the transaction

Outside trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         NH Family Office Limited and Cambrian Limited is a PCA of Neil Herbert,
                                                                  Executive Chairman and Director of the Company
 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       892,827
 d)  Aggregated information                                       N/A (Single transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      March 24, 2026
 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

March 24, 2026

f)

Place of the transaction

N/A outside trading venue

 

 
 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         NH Family Office Limited is a PCA of Neil Herbert, Executive Chairman and
                                                                  Director of the Company
 2.  Reason for the Notification
 a)  Position/status                                              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                                    Sale of Common Shares
 c)  Price(s) and volume(s)                                       Price(s)       Volume(s)
                                                                  GBP 0.891985   88,839

                                                                  GBP 0.91125    100,000

                                                                  GBP 0.90000    50,000

                                                                  CAD 1.644233   258,300

                                                                  CAD 1.656984   32,000

                                                                  CAD 1.626812   176,900

                                                                  CAD 1.66439    100,000

                                                                  CAD 1.691723   83,300

                                                                  CAD 1.686099   69,600

                                                                  CAD 1.708745   100,000

 d)  Aggregated information                                       Volume (GBP trades): 238,839

                                                                  Price (GBP): 0.901729012 per Share

                                                                  Volume (CAD trades): 820,100

                                                                  Price (CAD): 1.6596737 per Share
 e)  Date of the transaction                                      March 24, 2026, and March 25, 2026
 f)  Place of the transaction                                     London Stock Exchange: AIM & TSX Venture Exchange

d)

Aggregated information

 

Volume (GBP trades): 238,839

Price (GBP): 0.901729012 per Share

Volume (CAD trades): 820,100

Price (CAD): 1.6596737 per Share

e)

Date of the transaction

March 24, 2026, and March 25, 2026

f)

Place of the transaction

London Stock Exchange: AIM & TSX Venture Exchange

 

 

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