REG - Pulsar Helium Inc. - Security Based Compensation, Option Exercise / TVR
Mon 07:00
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RNS Number : 9467B Pulsar Helium Inc. 27 April 2026
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 AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA
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PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR
REGULATIONS.
NEWS RELEASE | APRIL 27, 2026 | CASCAIS, PORTUGAL
PULSAR HELIUM AWARDS SECURITY BASED COMPENSATION, STOCK OPTION EXERCISE AND
TVR
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), a primary helium company, announces that on April 25, 2026, the
Board of Directors (the "Board") awarded security-based compensation awards to
directors and several members of the senior management team, designed to
further increase alignment of such personnel with growth in shareholder value
and the future success of the Company.
The Board awarded:
* a total of 5,400,000 stock options, including 3,950,000 to officers and
directors of the Company. The stock options were granted pursuant to the
Company's Stock Option Plan and give the optionee the right to purchase one
common share (a "Share") at a purchase price of CAD$1.60 per Share, being the
Company's closing share price on the TSX Venture Exchange on Friday, April 24,
2026, for a period of five years from the date of grant. The stock options
granted to the Board of the Company are to vest immediately, and the stock
options awarded to officers and consultants of the Company are to vest as to
25% immediately, and 25% each year thereafter.
* a total of 850,000 performance share units ("PSUs") were awarded, including
750,000 to two officers of the Company, under the Company's Equity Incentive
Plan. The PSUs vest as to one-third each on the first, second and third
anniversaries of the award date.
* a total of 1,050,000 restricted share units ("RSUs") were awarded to an
officer of the Company, under the Company's Equity Incentive Plan. The RSU
vests as to one-third each on the first, second and third anniversaries of the
award date
The stock option grant, PSU and RSU awards are pursuant to the Company's
shareholder approved Stock Option Plan and Equity Incentive Plan, which
conform to the policies of the TSX Venture Exchange.
Summary of stock options and PSUs granted to officers and members of the
Board:
Equity Award Type Name and Title Number of Equity Award Terms
Stock options Thomas Abraham-James, Chief Executive Officer and Director 1,350,000 Exercise price of CAD$1.60, vesting immediately, expiring five years from date
of grant.
Stock options Neil Herbert, Executive Chairman and Director 1,150,000 Exercise price of CAD$1.60, vesting immediately, expiring five years from date
of grant.
Stock options Stephen Ranzini, Deputy Chair and Director 350,000 Exercise price of CAD$1.60, vesting immediately, expiring five years from date
of grant.
Stock options Dan O'Brien, Chief Financial Officer and Director 300,000 Exercise price of CAD$1.60, vesting immediately, expiring five years from date
of grant.
PSU Dan O'Brien, Chief Financial Officer and Director 300,000 Vest as to one-third each on the first, second, and third anniversaries of the
award date.
Stock options Jón Ferrier, Director 400,000 Exercise price of CAD$1.60, vesting immediately, expiring five years from date
of grant.
Stock options Doris Meyer, Director 400,000 Exercise price of CAD$1.60, vesting immediately, expiring five years from date
of grant.
PSU Clifford Cain, President 450,000 Vest as to one-third each on the first, second, and third anniversaries of the
award date.
RSU Clifford Cain, President 1,050,000 Vest as to one-third each on the first, second, and third anniversaries of the
award date.
The PDMR notification forms below set additional information.
Stock Option Exercise
In addition, the Company notes that on April 24, 2026, 1,000,000 stock
options, issued pursuant to the Company's shareholder and TSX Venture Exchange
approved Stock Option Plan, were exercised at an exercise price of CAD$0.69,
and generated cash proceeds for the Company of CAD$690,000.
Admission to AIM and Total Voting Rights
Application has been made to the London Stock Exchange plc for the admission
of the 1,000,000 new common shares issued pursuant to abovementioned stock
option exercise, to be admitted to trading on AIM, which is expected to occur
and dealings commence at 8.00 a.m. on or around April 30, 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 186,224,719
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 of Pulsar Helium Inc.
"Thomas Abraham-James"
Director and CEO
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)
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 Forms:
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Thomas Abraham-James, Director and Chief Executive Officer
2. Reason for the Notification
a) Position/status Director and Chief Executive Officer
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 Stock Options over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of Stock Options
c) Price(s) and volume(s) Price(s) Volume(s)
C$1.60 1,350,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 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 Stock Options over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of Stock Options
c) Price(s) and volume(s) Price(s) Volume(s)
C$1.60 1,150,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephen Lange Ranzini, Deputy Chair and Director
2. Reason for the Notification
a) Position/status Deputy Chair 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 Stock Options over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of Stock Options
c) Price(s) and volume(s) Price(s) Volume(s)
C$1.60 350,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Dan O'Brien, Director and Chief Financial Officer
2. Reason for the Notification
a) Position/status Director and Chief Financial Officer
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 Performance Share Units (PSUs) over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of PSUs
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 300,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Dan O'Brien, Director and Chief Financial Officer
2. Reason for the Notification
a) Position/status Director and Chief Financial Officer
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 Stock Options over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of Stock Options
c) Price(s) and volume(s) Price(s) Volume(s)
C$1.60 300,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jón Ferrier, Director
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 Stock Options over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of Stock Options
c) Price(s) and volume(s) Price(s) Volume(s)
C$1.60 400,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Doris Meyer, Director
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 Stock Options over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of Stock Options
c) Price(s) and volume(s) Price(s) Volume(s)
C$1.60 400,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Cliff Cain, President
2. Reason for the Notification
a) Position/status President
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 Performance Share Units (PSUs) over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of PSUs
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 450,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Cliff Cain, President
2. Reason for the Notification
a) Position/status President
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 Restricted Share Units (RSUs) over Shares
Identification code CA7459321039
b) Nature of the Transaction Grant of RSUs
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 1,050,000
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction April 25, 2026
f) Place of the transaction Outside trading venue
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
April 25, 2026
f)
Place of the transaction
Outside trading venue
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