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CASCAIS, Portugal, Oct. 16, 2025 (GLOBE NEWSWIRE) — Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a leading helium exploration and development company, is pleased to announce that it has filed a preliminary short form prospectus with the securities regulatory authorities in all provinces and territories of Canada.
The preliminary short form prospectus will allow Pulsar, once it is finalized, to offer and issue common shares, debt securities, warrants, subscription receipts and units (collectively, the “Securities”) for an aggregate offering price of up to $50,000,000 (US$) from time to time over a 25-month period. The specific terms of future offerings of Securities, including the intended use of proceeds, will be set forth at the time of such offering and will be described in a prospectus supplement that will be filed with the applicable Canadian securities regulatory authorities. The Company currently has no plans to undertake a financing and there is no certainty that any Securities will be offered or sold during the period that the base shelf prospectus is effective.
The base shelf prospectus may also permit “at-the-market distributions” as defined under National Instrument 44-102 – Shelf Distributions, which would allow Securities (including common shares) to be sold on existing Canadian or other trading markets, as applicable, subject to the terms and conditions outlined in a prospectus supplement, if any, relating thereto.
A copy of the preliminary short form prospectus is available under 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.
connect@pulsarhelium.com
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (United Kingdom)
Yellow Jersey PR Limited (Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
pulsarhelium@yellowjerseypr.com
Strand Hanson Limited
(Nominated Financial Adviser and Joint Broker)
Ritchie Balmer / Rob Patrick / Richard Johnson
+44 (0) 207 409 3494
OAK Securities*
(Joint Broker)
Richard McGlashan / Mungo Sheehan
+44 7879 646641 / +44 7788 266844
richard.mcglashan@oak-securities.com / mungo.sheehan@oak-securities.com
*OAK Securities is the trading name of Merlin Partners LLP, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom.
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange and on the TSX Venture Exchange under the ticker symbol PLSR and on the OTCQB under the ticker symbol PSRHF. Pulsar’s portfolio includes the Topaz helium project in Minnesota, USA and the Tunu helium project in Greenland. Pulsar is the first mover at both locations with primary helium occurrences identified not associated with hydrocarbon production.
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, “forward-looking statements”) relating 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”, “projection”, “forecast”, “strategy”, “target” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates. Forward-looking statements in this release include, without limitation, statements regarding potential offerings of Securities under the base shelf prospectus, the filing of a final base shelf prospectus, potential “at-the-market distributions”, and the Company’s financial flexibility and future use of proceeds. Forward-looking statements may involve 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 fund the Company’s future capital and operating requirements, and the ability to obtain all necessary regulatory approvals.
As the Company’s properties are in the early stages of development, no reserves have yet been assigned. The future value of the Company is therefore dependent on the success of its activities which are primarily focused on the future exploration, evaluation and development of its assets, as well as the possible acquisition of properties in the future. Risked Contingent and Prospective Helium volumes have been defined at the Topaz project. However, the estimation of helium volumes is subject to significant uncertainty relating to technical data and its interpretation, future commodity prices and development and operating costs. There is no guarantee that the Company will be successful in converting its helium volumes into reserves and extracting the estimated volumes. The estimates may change significantly or become more uncertain when new information becomes available, for example, from additional drilling or production testing during the life of the field. Development and production plans may also change if the estimates change. A downward revision in helium volume estimates could adversely affect the Company’s operating or financial performance.
Helium volume estimates are assessments 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 revision or may change materially, even if valid at the time of the original calculation, when new information or techniques become available. As further information becomes available from 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 significant decisions and assumptions in the evaluation of the reliability of the 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 variety 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 in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility that Pulsar will not be able to drill commercially productive wells, the uncertainty of resource estimation, operational risks in carrying out exploration activities, including the possibility that costs will exceed estimates; commodity prices; health, safety and environmental factors; and other factors referenced above and in the Company’s Annual Information Form for the year ended September 30, 2024 dated July 31, 2025, which is available under the Company’s profile on www.sedarplus.ca.
The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of such factors or to 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 such forward-looking statements will prove to be correct, and investors should not place undue reliance on forward-looking statements. All of the forward-looking statements contained in this press release are expressly qualified by this cautionary statement in their entirety.
The original language (typically English) in which the original text is published is the official, authorized, and legally valid version. This translation is provided for convenience. The German version may be abridged or summarized. No responsibility or liability is assumed for the content, correctness, adequacy, or accuracy of this translation. From the translator’s perspective, the message does not constitute a recommendation to buy or sell! Please refer to the English original message on www.sedarplus.ca, www.sec.gov, www.asx.com.au/, or on the company website!
