Pulsar Helium makes final option payment to Oscillate

Executive Summary

• Pulsar Helium Inc. completed issuance of consideration shares for five monthly tranches, satisfying the first $400 k U.S. of share‑option consideration and acquiring an 80 % stake in Quantum Hydrogen Inc., a subsidiary of Oscillate PLC.
• The company retains an option to acquire the remaining 20 % of Quantum by May 3 2027 for an additional $400 k U.S. in consideration shares, payable in five instalments.
• All consideration shares issued are subject to a four‑month‑and‑one‑day hold period.

Key Details

• Tranche issuances:
• Dec 18 2025 – 292,560 common shares at VWAP CAD 0.7797 (tranche 1) and CAD 0.7543 (tranche 2), each tranche valued at US $80,000.
• Jan 20 2026 – 145,434 consideration shares at VWAP CAD 0.7556 for the third $80k tranche.
• Feb 9 2026 – 80,947 consideration shares at VWAP CAD 1.3508 for the fourth $80k tranche.

• Mar 6 2026 – 66,022 consideration shares at VWAP CAD 1.6581 for the fifth and final $80k tranche.

• Ownership acquired: 80 % of Quantum Hydrogen Inc. after completion of all five tranches.

• Remaining option: Right to purchase the remaining 20 % of Quantum by May 3 2027 for US $400,000 in consideration shares, payable in five instalments of US $80,000 each upon notice.

• Hold period: All consideration shares issued under this transaction are subject to a four‑month‑and‑one‑day lock‑up from the date of issuance.

• Previous announcements referenced: Updates follow prior disclosures on Nov 4 2025, Dec 19 2025, Jan 21 2026, and Feb 10 2026 regarding the same acquisition option.