Pulsar Helium Provides Update on Transaction with Oscillate PLC

Executive Summary

• Pulsar Helium issued a total of 438, - ? — 292,560 shares on Dec 18 2025 and 145,434 shares on Jan 20 2026 to satisfy the first three monthly share‑option tranches for the acquisition of Quantum Hydrogen Inc.
• The transaction gives Pulsar an 80% equity stake in Quantum immediately, with a further option to acquire the remaining 20% by May 3 2027 through additional share issuances totaling US$400,000.
• All consideration shares are subject to a four‑month‑and‑one‑day hold period from issuance.

Key Details

• Consideration Shares Issued:
• 292,560 common shares on Dec 18 2025 (first & second tranches, each valued at US$80,000). VWAP: C$0.7797 (tranche 1) and C$0.7543 (tranche 2).
• 145,434 common shares on Jan 20 2026 (third tranche, US$80,000). VWAP: C$0.7556.
• Acquisition Structure:
• Immediate acquisition of 80% of Quantum upon issuance of the above shares.
• Option to acquire the remaining 20% by May 3 2027 for a total consideration of US$400,000 in shares, payable in five instalments of US$80,000 each after notice is given.
• Hold Period: All consideration shares are locked for four months and one day from their respective issuance dates.
• Transaction Value: Each tranche represents a US$80,000 valuation; total value issued to date = US$240,000 (three tranches).
• Future Share Issuances Planned: Two additional monthly tranches of US$80,000 each for the 80% stake, plus up‑to‑five instalments for the remaining 20%.

Notable Quotes

“On behalf Pulsar Helium Inc.” – Thomas Abraham-James, President, CEO and Director. (Signature line)