Original News Release
Pulsar issues 292,560 shares for Quantum Hydrogen deal
Mr. Thomas Abraham-James reports
PULSAR HELIUM CLOSES MAJOR MINNESOTA LAND POSITION TO THE WEST OF TOPAZ PROJECT
Pulsar Helium Inc. has provided an update following its announcement on Nov. 4, 2025, announcing the execution of a definitive agreement with Oscillate PLC to acquire up to 100 per cent of Oscillate's wholly owned subsidiary, Quantum Hydrogen Inc., in an all-share transaction.
On Dec. 11, 2025, the company executed a letter to amend the agreement relating to the definition of VWAP (volume-weighted average price) to include the addition of a minimum price of five Canadian cents per the TSX Venture Exchange policies.
On Dec. 18, 2025, the company issued a total of 292,560 shares to Oscillate satisfying the first and second monthly tranches of $80,000 (U.S.) each, at a VWAP of 77.97 Canadian cents for Tranche 1 and 75.43 Canadian cents for Tranche 2, pursuant to the terms of the agreement, having received final acceptance from the TSX-V. The remaining tranches, totaling $640,000 (U.S.), will be satisfied over the coming months.
The consideration shares issued in connection with the transaction are subject to a four-month-and-one-day hold period from the date of issuance.
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.
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