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CASCAIS, Portugal, January 21, 2026 (GLOBE NEWSWIRE) — Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a leading helium company, is pleased to announce the commencement of an extensive 2D active seismic acquisition program at its Topaz project in Minnesota. The data will help to elucidate the subsurface structure of Topaz and support ongoing resource assessment and further drill target selection. Faraday Geophysics, Canada, will acquire a total of five seismic lines with a length of 41.5 miles (66.8 kilometers). Work commenced on Tuesday, January 20, 2026, and is expected to be completed by mid-March 2026.
Methodology of the 2D seismic survey and data acquisition
Active 2D seismic surveying uses sound waves generated by a device called a Vibroseis, which consists of a vibrating plate placed on the ground. The sound waves are directed into the ground, where they propagate through the earth and are non-invasively reflected by the subsurface layers. The vibrations generated by the Vibroseis are extremely low. The sound waves return to the surface, where they are recorded by geophone nodes, small wireless devices that are typically 10 inches or smaller. The nodes are placed on the ground during the survey and collected again by hand after the survey is complete. The collected data is reassembled in post-processing to create an image of the subsurface area of interest. During the survey, sources and receivers move together along a straight line. The result is a “cross-section” of the subsurface below the survey line.
Environmentally friendly seismic procedures and environmental protection
Seismic surveys are minimally invasive, but due to Pulsar’s strong commitment to protecting the natural environment in Minnesota, we have applied the concept of Low Impact Seismic (LIS) from the beginning of survey planning. LIS is designed to minimize the impact on the environment in forested areas, reduce timber loss, minimize the creation of transportation corridors, and avoid surface disturbances.
Permits and stakeholder engagement in Minnesota
Pulsar has obtained all necessary permits to conduct the survey from key stakeholders in Minnesota, including the United States Forest Service, the Minnesota Department of Transportation, Lake County, the Department of Natural Resources, and landowners.
About the Topaz Project
The Topaz Project is located in northern Minnesota, USA, where Pulsar is pioneering helium exploration and holds exclusive leases for the project area. Topaz is a primary helium deposit containing Helium-4, Helium-3, and CO2 and is not primarily associated with hydrocarbon production. Several wells drilled by Pulsar have confirmed a laterally extensive, helium-rich gas reservoir under the project areas. These results indicate a high-quality helium resource. The ongoing Jetstream multi-well appraisal program at Topaz is designed to map the extent of the reservoir, the pressure regime, and the gas composition to provide information for resource estimation and development planning.
On behalf of 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://ca.linkedin.com/company/pulsar-helium-inc.
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(Nominated and Financial Advisor and Broker)
Ritchie Balmer / Rob Patrick
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About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange (United Kingdom) and on the TSX Venture Exchange under the ticker symbol PLSR (Canada) and on the OTCQB under the ticker symbol PSRHF (United States of America).
Pulsar’s portfolio includes the 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 provider with primary helium deposits not associated with hydrocarbon production at both locations.
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.
Forward-Looking Statements
This press release contains forward-looking information within the meaning of Canadian securities laws (collectively referred to as “forward-looking statements”), which relate to the Company’s current expectations and views regarding future events. Any statements that express or involve 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”, “is expected”, “expects”, “will continue”, “is anticipated”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “strategy”, “target” and “outlook”) are not historical facts and may be forward-looking statements. Forward-looking statements in this release include, but are not limited to, statements regarding the commissioning of the Topaz project, the contract for the construction of the entire facility expected in 2026, the final investment decision in 2026, the potential impact of the drill results, flow and pressure tests on the next iteration of the resource estimate; the results of the active 2D seismic survey, which successfully elucidated 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 include estimates and are based on assumptions made by the Company’s management, including, but not limited to, the Company’s capital cost estimates, management’s expectations regarding the availability of capital to finance the Company’s future capital and operating needs, and the ability to obtain all necessary regulatory approvals.
As the Company’s land holdings are still in an early stage of development, no reserves have been allocated to date. The future value of the Company therefore depends on the success or failure of its activities, which focus primarily on the future exploration, evaluation and development of its assets and the possible acquisition of land holdings in the future. Risk-free contingent and prospective helium volumes have been defined in the Topaz project. However, the estimation of helium volumes is subject to significant uncertainties regarding technical data and its interpretation, future commodity prices, and development and operating costs. There is no guarantee that the Company will be able to successfully convert its helium volumes into reserves and promote the estimated volumes. The estimates may change significantly or become more uncertain as new information becomes available, for example, due to additional drilling or production tests during the life of the field. If the estimates change, the development and production plans may also change. A downward revision of the helium volume estimates may have a negative impact on the Company’s operational or financial performance.
Helium volume estimates are an expression of assessments based on knowledge, experience and industry practice. These estimates are inaccurate and depend to some extent on interpretations that ultimately prove to be inaccurate and need to be adjusted or, even if they were valid at the time of the original calculation, may change significantly as new information or techniques become available. As more information becomes available through additional drilling and analysis, the estimates are likely to change.
Any adjustments to the volume could affect the Company’s exploration and development plans, which in turn could affect the Company’s performance. The process of estimating helium resources is complex and requires important decisions and assumptions in assessing the reliability of the available geological, geophysical, technical 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, and which may cause actual results and events to differ materially from those disclosed or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, that Pulsar may not be able to drill commercially productive wells, the uncertainty of resource estimation, operational risks in conducting exploration, including the possibility that drilling costs may be higher than estimated; commodity prices; health, safety and environmental factors; as well as other factors mentioned above and risk factors listed in the Company’s Annual Information Statement dated July 31, 2025 for the fiscal year ended September 30, 2024, which can be found under the Company’s profile on www.sedarplus.ca.
The forward-looking statements contained in this press release are current as of the date of this press release, and the Company assumes no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise, unless required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors or to assess the impact of each 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 contained herein will prove to be correct, and investors should therefore not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement.
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