Pulsar issues 292,560 shares for Quantum Hydrogen deal

Executive Summary

• Pulsar Helium Inc. amended its definitive agreement with Oscillate PLC to add a VWAP floor of C$0.05 per TSX‑V rules.
• On Dec 18, 2025 the company issued 292,560 shares to Oscillate, satisfying the first two $80,000 USD tranches at VWAPs of C$0.7797 and C$0.7543 respectively.
• The remaining $640,000 USD of consideration will be delivered in future monthly tranches; all issued shares are subject to a 4‑month‑and‑1‑day hold period.

Key Details

• Amendment: Letter dated Dec 11, 2025 modifies the VWAP definition to include a minimum price of C$0.05 per share, aligning with TSX‑V policy.
• Share Issuance (Dec 18, 2025): 292,560 Pulsar Helium shares issued to Oscillate PLC, fulfilling Tranche 1 and Tranche 2 of the acquisition consideration.
• Tranche 1: $80,000 USD valued at a VWAP of C$0.7797 per share.
• Tranche 2: $80,000 USD valued at a VWAP of C$0.7543 per share.
• Remaining Consideration: Additional tranches totaling $640,000 USD to be issued over the coming months under the same terms.
• Hold Period: All consideration shares are subject to a lock‑up of four months and one day from issuance date.
• Transaction Scope: Acquisition of up to 100% of Oscillate PLC’s wholly owned subsidiary, Quantum Hydrogen Inc., in an all‑share transaction.

Notable Quotes

(No direct quotes were provided in the release.)