Unless otherwise defined herein, capitalized terms used in this announcement have the same meanings given to them in the Company's announcement dated November 4, 2025.
CASCAIS, Portugal, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium exploration and development company, provides an update following its announcement on November 4, 2025, announcing the execution of a definitive agreement (the "Agreement") with Oscillate PLC ("Oscillate"), to acquire up to 100% of Oscillate's wholly owned subsidiary, Quantum Hydrogen Inc. in an all-share transaction (the "Transaction").
On December 11, 2025, the Company executed a letter to amend the Agreement relating to the definition of "VWAP" to include the addition of "a minimum price of CAD$0.05" per the TSX Venture Exchange ("TSXV") policies.
On December 18, 2025, the Company issued a total of 292,560 shares (the "Consideration Shares") to Oscillate satisfying the first and second monthly tranches of US$80,000 each, at a VWAP of C$0.7797 for tranche one and C$0.7543 for tranche two, pursuant to the terms of the Agreement, having received final acceptance from the TSXV. The remaining tranches, totaling US$640,000, will be satisfied over the coming months.
The Consideration Shares issued in connection with the Transaction are subject to a four-month-and-one-day hold period from the date of issuance.
On behalf 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.
Strand Hanson Limited
(Nominated & Financial Adviser, and Broker)
Ritchie Balmer / Rob Patrick / Richard Johnson
+44 (0) 207 409 3494
Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
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 and listed on the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, 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.
