Pulsar Helium issues 80,947 shares to Oscillate

Executive Summary

• Pulsar Helium issued multiple tranches of common shares to Oscillate PLC as consideration for its option to acquire up to 100 % of Quantum Hydrogen Inc. (a wholly‑owned subsidiary of Oscillate).
• To date, four monthly share‑option tranches totaling $320,000 USD have been satisfied; a fifth tranche for an additional 80 % stake is pending, with a final option to acquire the remaining 20 % by May 3 2027.
• All consideration shares are subject to a four‑month‑plus one‑day hold period.

Key Details

• Tranche 1 (Dec 18 2025): 292,560 common shares issued at VWAP = CAD 0.7797 per share; valued at US $80,000.
• Tranche 2 (Dec 18 2025): Same 292,560 shares issued at VWAP = CAD 0.7543 per share; valued at US $80,000.
• Tranche 3 (Jan 20 2026): 145,434 consideration shares issued at VWAP = CAD 0.7556 per share; valued at US $80,000.
• Tranche 4 (Feb 9 2026): 80,947 consideration shares issued at VWAP = CAD 1.3508 per share; valued at US $80,000.
• Pending Tranche 5: One additional monthly tranche of consideration shares to be issued (valued at US $80,000) will give Pulsar Helium an 80 % equity interest in Quantum Hydrogen Inc.
• Option for Remaining 20 %: Pulsar may elect, by May 3 2027, to acquire the final 20 % of Quantum for US $400,000, payable in five instalments of US $80,000 each after notice is given to Oscillate.
• Hold Period: All consideration shares issued under this agreement are subject to a lock‑up of four months and one day from the date of issuance.

Notable Quotes

(No executive quotes were provided in the release.)