Pulsar Helium completes drilling Jetstream No. 3 well

Mr. Thomas Abraham-James reports PULSAR HELIUM ADVANCES APPRAISAL PROGRAMME WITH COMPLETION OF JETSTREAM #3 AND COMMENCEMENT OF TESTING; RIG MOBILISED TO JETSTREAM #4, TOPAZ PROJECT, MINNESOTA, USA Pulsar Helium Inc. has successfully completed the Jetstream No. 3 appraisal well at its flagship Topaz project in Minnesota, United States, with the drilling operation reaching a total depth (TD) of 3,507 feet. Highlights: Successful drilling: Jetstream No. 3 reached a TD of 3,507 feet (1,069 metres) on Nov. 7, 2025, successfully penetrating the entire interpreted helium-bearing interval. Commencement of drilling at Jetstream No. 4: The drill rig was relocated and Jetstream No. 4 was successfully spudded on Sunday, Nov. 9, 2025, as progress begins toward achieving a TD of 3,000 feet (914 metres). Strong pressure: Multiple pressurized gas zones were identified throughout the drilling campaign with a calculated bottom-hole pressure of approximately 960 pounds per square inch. This strong pressure reading indicates a robust, naturally pressurized, highly charged reservoir at the well location, providing further validation of the Topaz reservoir's potential: For comparison, Jetstream No. 1 had a wellhead pressure of 185 pounds per square inch when drilled in 2024, and Jetstream No. 2 had a wellhead pressure of 205 pounds per square inch. Next steps: Jetstream No. 3 will, this week, undergo a comprehensive evaluation, with a suite of open-hole wireline logs running to collect detailed geological and petrophysical data. An optical televiewer will be used to image the wellbore wall geology, followed by a proposed controlled flow-testing and pressure-buildup program to measure well deliverability. The active drilling campaign consists of up to 10 wells and is designed to further define the geometry, extent and productivity of the helium-bearing reservoir at Topaz. Field activities will be continuing as the company advances toward its objectives of updating the Topaz resource and conducting a preliminary economic assessment (PEA) in the first half of 2026. Pulsar is fully committed to realizing Topaz's production potential with the aim of providing a new source of helium supply to the North American market. Thomas Abraham-James, president and chief executive officer of Pulsar Helium, commented on the drilling: "It is my pleasure to report the successful completion of drilling the Jetstream No. 3 appraisal well at our Topaz project in Minnesota, USA. Initial bottom-hole pressure readings surpass expectation and reinforce our belief in the huge potential offered by this incredible multicommodity gas discovery. "With the drilling of Jetstream No. 4 under way and downhole testing soon to commence at Jetstream No. 3, momentum continues to build at Topaz as we advance our drilling campaign and move steadily towards defining what we believe to be one of North America's most significant primary helium discoveries." About Pulsar Helium Inc. Pulsar Helium is a publicly traded company quoted on the AIM (Alternative Investment 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, United States, 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. We seek Safe Harbor.