M&A / Property
Pulsar Helium Closes Major Minnesota Land Position to the West of Topaz Project

PLSR · Price
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
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