Pulsar Helium Closes Major Minnesota Land Position to the West of Topaz Project

Executive Summary

• Pulsar Helium Inc. issued 292,560 shares to Oscillate PLC, satisfying the first two US$80,000 tranches of its all‑share acquisition of Quantum Hydrogen Inc.
• Shares were priced at a VWAP of C$0.7797 (tranche 1) and C$0.7543 (tranche 2) after amending the agreement to include a CAD $0.05 minimum price.
• The remaining US$640,000 of consideration will be delivered in future monthly tranches; issued shares are subject to a four‑month‑and‑one‑day hold period.

Key Details

• Agreement Background: Original definitive agreement announced on 4 Nov 2025 to acquire up to 100 % of Quantum Hydrogen Inc., a wholly owned subsidiary of Oscillate PLC, in an all‑share transaction.
• Amendment (11 Dec 2025): Letter executed to amend the definition of “VWAP” to incorporate a minimum price floor of CAD $0.05 per TSXV policy.
• Share Issuance (18 Dec 2025):
• Total shares issued: 292,560 Consideration Shares.
• Tranche 1: US$80,000 at VWAP C$0.7797.
• Tranche 2: US$80,000 at VWAP C$0.7543.
• Remaining Consideration: Additional tranches totaling US$640,000 to be satisfied over the coming months per the agreement schedule.
• Hold Period: All issued consideration shares are subject to a four‑month‑and‑one‑day hold period from issuance date.
• Regulatory Acceptance: Final acceptance received from the TSX Venture Exchange (TSXV).

Notable Quotes

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