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M&A / Property

Pulsar issues 292,560 shares for Quantum Hydrogen deal

PLSR · Price

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.)

Read the original news release →

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