REG - Pulsar Helium Inc. - Reports Pressurized Gas Encounter at Jetstream 6

Pulsar HeliumAnnouncement

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RNS Number : 2157S  Pulsar Helium Inc.  09 February 2026

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NEWS RELEASE | FEBRUARY 9, 2026 | CASCAIS, PORTUGAL

PULSAR HELIUM REPORTS PRESSURIZED GAS ENCOUNTER AT JETSTREAM #6 AT THE TOPAZ
HELIUM PROJECT, USA

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the
"Company"), a primary helium company, is pleased to announce that the
Jetstream #6 appraisal well at the Company's flagship Topaz Project in
Minnesota, USA has intersected a pressurized gas zone. The gas zone was
encountered at a depth of approximately 1,287 feet (392 meters) with a
preliminary bottom-hole pressure of approximately 576 pounds per square inch
(psi) encountered and visible gas influx observed during drilling operations.
The Jetstream wells continue to maintain a 100% success rate of intersecting
pressurized gas.

Highlights:

•             Jetstream #6 location: Jetstream #6 is located
~1.3 miles (2.1 kilometers) southwest of the discovery well (Jetstream #1) at
Topaz, a significant step-out that further extends the project's footprint.

•         Shallow pressurized gas: Gas was encountered at
approximately 1,287 feet (392 meters) depth, with a preliminary bottom-hole
pressure of approximately 576 psi, indicating a strongly pressurized system.
Gas was visibly seen bubbling through the drilling fluids at surface,
confirming active gas flow under pressure.

•         Drilling progress: Around-the-clock drilling (24-hour
operations with rotating crews) is ongoing as Jetstream #6 advances toward its
target depth of between 3,000 and 5,000 feet (914 to 1,524 meters). The well
is being drilled using continuous HQ core drilling (3.8 inch (96.0 millimeter)
hole diameter) to maximize geological sample recovery while maintaining
efficient progress.

•             Consistent success: All six Jetstream appraisal
wells drilled to date have encountered pressurized gas (a 100% success rate).
This consistent success across the program underscores the emerging continuity
of the gas-bearing system and the potential of the Topaz Project.

•             Well-Testing: Flow and pressure testing equipment
is scheduled to arrive on February 15th, and will be used to test Jetstream
appraisal wells #3 and #4. Samples will also be then sent for gas analysis at
a laboratory. Appraisal wells #5 and above will be tested when the drill
program concludes, which is likely to occur late March, 2026.

Thomas Abraham-James, Pulsar Helium President & CEO, commented:

"Achieving pressurized gas intersections in every Jetstream appraisal well
drilled so far speaks to the strength of the geological model we're developing
at Topaz. Jetstream #6 is an important step-out well that is 1.3 miles to the
southwest from the discovery well, and seeing consistent results at this
distance gives us confidence as we transition into the well testing phase. Our
focus now is on building a high-quality technical dataset that will allow us
to better understand the scale and characteristics of this system as we
continue advancing the project." (See Figure 1 :
http://www.rns-pdf.londonstockexchange.com/rns/2157S_1-2026-2-8.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2157S_1-2026-2-8.pdf) )

 Summary of Jetstream #6

Jetstream #6 is the sixth appraisal well drilled at the Topaz Helium Project
and represents a significant step-out from the original discovery well,
further extending the project's footprint to the southwest. During drilling,
Jetstream #6 intersected a pressurized gas zone at approximately 1,287 feet
(392 metres), with a preliminary bottom-hole pressure of approximately 576 psi
and visible gas influx observed at surface. Drilling is ongoing using
continuous HQ core drilling to maximise geological sample recovery as the well
advances toward its target depth of between 3,000 and 5,000 feet (914 to 1,524
metres).

Flow Testing, Pressure Build-Up Program, and gas analysis

Pulsar is preparing to commence a coordinated testing program on Jetstream #3
and #4, expected to begin on or around February 15, 2026. The program is
planned to include an initial flow testing phase followed by a pressure
build-up period, with each test expected to run for approximately six weeks.
Gas samples will be collected during the flow period and submitted for
laboratory analysis. Testing on Jetstream #5 and subsequent wells is expected
to commence following completion of the current drilling program, anticipated
in late March 2026.

About the Topaz Project

The Topaz Helium Project is a large-scale helium exploration opportunity
located in Minnesota, USA, a stable jurisdiction with established
infrastructure and access to experienced technical services. Exploration and
appraisal work to date has identified potentially saleable concentrations of
helium, helium-3 and carbon dioxide. Helium-3 is a rare isotope of helium with
strategic applications in national security, quantum computing and advanced
energy technologies, providing additional potential upside. A total of six
appraisal wells have been drilled at Topaz (the sixth still in progress), all
of which intersected pressurized gas, representing a 100% success rate to date
and supporting the geological model for the project. Ongoing technical work
continues to generate encouraging data and is focused on expanding the
Company's understanding of the resource through further appraisal, testing and
analysis. With a significant acreage position and multiple identified targets,
Topaz represents a core asset within the Company's portfolio and underpins its
strategy to build exposure to high-value industrial and specialty gas markets.

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 (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 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.

Qualified Person Signoff

In accordance with the AIM Note for Mining and Oil and Gas Companies, the
Company discloses that Brad Cage, VP Engineering and Officer of the Company,
has reviewed the technical information contained herein. Mr. Cage has
approximately 25 years in the oil and gas industry, is a member of the Society
of Petroleum Engineers and is a licensed professional petroleum engineer in
Oklahoma, USA.

Forward-Looking Statements

This news release 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
statements regarding bringing the Topaz project to production, anticipated
full plant construction contract in 2026, final investment decision being made
in 2026, the potential impact of the drill results, flow testing and pressure
testing on the next iteration of the resource estimate; the results of the 2D
active seismic acquisition successfully elucidating the subsurface structure,
the potential of CO2 and/or Helium-3 as a valuable by-product of the Company's
future helium production; 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 drilling
commercially productive wells; the uncertainty of resource estimation;
operational risks in conducting exploration, including that drill costs may be
higher than estimates ; commodity prices; health, safety and environmental
factors; and other factors set forth above as well as risk factors included in
the Company's Annual Information Form dated February 3, 2026, for the year
ended September 30, 2025, found under Company's profile on www.sedarplus.ca
(http://www.sedarplus.ca) .

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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