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CASCAIS, Portugal, Oct. 16, 2025 (GLOBE NEWSWIRE) — Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or “Company), a leading helium exploration and development company, is pleased to announce that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of Canada's provinces and territories.
The preliminary short form base prospectus, when it becomes final, will enable Pulsar to offer and issue, from time to time during the 25-month period, common shares, debt securities, warrants, subscription receipts and units (collectively, “Securities“) up to an aggregate offering amount of US$50,000,000. The specific terms of any future offering of the Securities, including the intended use of proceeds, will be established at the time of such offering and are described in a shelf prospectus supplement that will be filed with the applicable Canadian securities regulatory authorities. The Company does not currently have a planned capital raising plan and there is no assurance that any Securities will be offered or sold on a base shelf basis. prospectus during its validity period.
The base prospectus may also qualify as a “market distribution” as defined in National Instrument 44-102, Shelf Distribution, which allows the securities (including common shares) to be sold on existing Canadian or other trading markets, as applicable, subject to the terms and conditions that will be described in any applicable shelf prospectus supplement.
A copy of the preliminary short form base shelf prospectus can be found on Pulsar's profile on SEDAR+ at www.sedarplus.ca.
On behalf of Pulsar Helium Inc.
“Thomas Abraham-James”
President, CEO and Director
Further Information:
Pulsar Helium Inc.
[email protected]
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (UK)
https://pulsarhelium.com
https://ca.linkedin.com/company/pulsar-helium-inc.
Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
[email protected]
Strand Hanson Limited
(Designated Financial Advisor and Joint Broker)
Richie Ballmer / Rob Patrick / Richard Johnson
+44 (0) 207 409 3494
OAK Securities*
(Joint Broker)
Richard McGlashan / Mango Sheehan
+44 7879 646641 / +44 7788 266844
[email protected] / [email protected]
*OAK Securities is That trade Name from Merlin Partners OOO, A solid included V That United Kingdom And adjustable To That United Kingdom Financial Lead Power.
ABOUT Pulsar Helium Inc.
Pulsar Helium Inc. is a public company listed on the AIM market of the London Stock Exchange and listed on the TSX Venture Exchange under the ticker symbol PLSR, and on the OTCQB under the ticker symbol PSRHF. Pulsar's portfolio includes the flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is a pioneer in both locations, with primary helium deposits unrelated to hydrocarbon production identified in 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.
Visionary Statements
This press release contains forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements“) that relate to the Company's current expectations and views about future events. Any statements that express or involve discussion of expectations, beliefs, plans, goals, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “is likely to occur”, “is expected”, “is expected”, “will continue”, “is expected”, “expects”, “believes”, “estimates”, “intends”, “plans”, “outlook”, “outlook”, “strategy”, “target” and “outlook”) are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements regarding potential offerings of securities pursuant to the shelf base prospectus, the filing of the final base offshore prospectus, potential “market allocations” and the Company's financial flexibility and future utilization. revenue. Forward-looking statements may involve estimates and are based on assumptions made by the Company's management, including, without limitation, the Company's capital expenditure estimates, management's expectations regarding the availability of capital to fund the Company's future capital expenditures and operating needs, and the ability to obtain all necessary regulatory approvals. organs.
No reserves have been identified in connection with the Company's property interests to date given their early stage of development. Accordingly, the future value of the Company depends on the success or failure of its activities, which are primarily directed toward the future exploration, evaluation and development of its assets, as well as the potential acquisition of property interests in the future. The Topaz project defines risk-free conditional and future volumes of helium. However, helium volume estimates are subject to significant uncertainties related to technical data and the interpretation of these data, future commodity prices, and development and operating costs. There can be no assurance that the Company will successfully convert the volume of helium into reserves or produce the specified volume. Estimates may change significantly or become more uncertain as new information becomes available, for example as a result of additional drilling or production testing during the life of the field. As estimates change, development and production plans may also change. Downward revisions to helium volume estimates could adversely affect the Company's operating or financial performance.
Helium volume estimates represent judgments based on knowledge, experience and industry practice. These estimates are imprecise and depend to some extent on interpretations, which may ultimately prove inaccurate and require adjustment or, even if correct when initially calculated, may change significantly when new information or methods become available. As additional information becomes available through additional drilling and analysis, estimates are likely to change. Any adjustments in volumes could affect the Company's exploration and development plans, which in turn could affect the Company's results of operations. The process of estimating helium resources is complex and requires important decisions and assumptions to be made in assessing the reliability of available geological, geophysical, engineering and economic data 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 disclosed 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; uncertainty in resource estimates; operational risks associated with exploration activities, including that drilling costs may be higher than estimated; prices of goods; health, safety and environmental factors; and other factors set forth above, as well as the risk factors included in the Company's annual information form dated July 31, 2025 for the year ended September 30, 2024, which can be found under the Company's profile at www.sedarplus.ca.
The forward-looking statements contained in this press release speak only as of the date of this press 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 arise from time to time, and the Company cannot predict all of them or estimate 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 forward-looking statements contained 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 press release are qualified in their entirety by this cautionary statement.
