Welcome to our dedicated page for Pulsar Helium news (Ticker: PSRHF), a resource for investors and traders seeking the latest updates and insights on Pulsar Helium stock.
Pulsar Helium Inc. (PSRHF) drives innovation in primary helium exploration, developing high-grade resources for critical technology sectors. This page aggregates official announcements and verified updates about the company's North American and Greenland operations.
Investors and industry observers will find detailed reporting on drilling results, seismic survey analyses, and project development milestones. Key updates include resource evaluations from the Topaz (Minnesota) and Tunu (Greenland) projects, strategic partnerships, and operational advancements in sustainable helium extraction.
Our curated news collection enables efficient tracking of technical developments, regulatory progress, and market positioning. Regular updates provide insights into exploration techniques like optical televiewer imaging and gas chromatography that validate Pulsar's resource estimates.
Bookmark this page for structured access to PSRHF's evolving story in the helium sector, including land acquisition updates, drilling contract details, and strategic initiatives shaping non-hydrocarbon helium production.
Pulsar Helium Inc. (PSRHF) announced its financial results for the year ended September 30, 2024. Key operational highlights include the successful drilling of Jetstream #1 well at the Topaz Project in Minnesota, which confirmed helium concentrations between 7.9% and 14.5%. A Competent Persons Report estimated significant helium resources, with P50 contingent resources of 5.9MMcf and P50 prospective resources of 40.3MMcf.
Post-period developments include the successful deepening of Jetstream #1 to 5,100 feet in January 2025, encountering multiple helium zones with up to 7.24% helium. The company commenced drilling Jetstream #2 on January 16, 2025. Financially, Pulsar completed several funding rounds, including a C$4.25M private placement in January 2024 and an AIM listing raising £5M in October 2024. The company reported a net loss of $20.3M for the period, including a non-cash revaluation loss of $8.8M.
Pulsar Helium Inc. (PSRHF) has announced a live Q&A session with CEO Thomas Abraham-James via Investor Meet Company on January 27, 2025. The session will discuss the ongoing drilling program at the Topaz Project in Minnesota and the recent agreement with Chart Industries for helium and CO₂ capture.
Key project updates include the Jetstream #1 appraisal well, deepened to 5,100 feet with helium concentrations up to 7.24%, and Jetstream #2 drilling which began January 16, 2025, targeting ~5,000 feet. The company emphasizes its focus on sustainable 'green helium' extraction without hydrocarbons or water association.
The Topaz project has demonstrated top-tier helium concentrations above economic viability thresholds, with additional value potential from CO₂ by-product. The company operates in the USA and Greenland, benefiting from supportive local legislation and a community-focused approach.
Pulsar Helium has closed the first tranche of its previously announced brokered private placement, raising US$2.0 million through the issuance of 5,263,160 common shares at US$0.38 per share. The placement included participation from US institutional investors, with University Bancorp acquiring a 4.99% stake.
The funds will support the drilling of Jetstream #2, a step-out well scheduled to commence after Jetstream #1's deepening is complete. The company will also expand passive seismic testing within the Topaz project area. Additionally, 747,434 warrants were exercised over the past two months, generating approximately C$270,000 in proceeds.
Following the admission of new shares to AIM trading, expected around January 15th, 2025, the total number of common shares will be 132,567,977. The company expects to update on the remaining private placement closure within two weeks.
Pulsar Helium Inc. (PSRHF) has announced a brokered private placement of up to 19,736,842 common shares at US$0.38 per share, aiming to raise up to US$7.5 million. University Bank will act as the exclusive placement agent, receiving a 6% fee on U.S. sales.
Additionally, University Bancorp will provide a US$4.0 million line of credit to major shareholder ABCrescent Coöperatief U.A. for potential warrant exercise. The proceeds will fund the Topaz project in Minnesota, including a step-out well drilling program.
The company also provided an operational update on the Jetstream #1 appraisal well deepening, set to commence around January 3, 2025. The previous drilling identified helium concentrations up to 14.5% and CO2 concentrations exceeding 70%.
Pulsar Helium Inc. (AIM:PLSR, TSXV:PLSR, OTCQB:PSRHF) has announced new investor awareness agreements with two UK-based platforms. The company has partnered with Ptolemy Capital (Crux Investor) for a one-time fee of USD$12,000, covering 4 interviews, 4 podcasts, and 4 articles over 12 months starting December 18th, 2024.
Additionally, Pulsar has engaged Vox Markets for an initial 3-month period at £1,000 monthly, with a minimum term of 12 months. The company also completed its engagement with Haywood Securities Inc., which will receive 282,335 compensation warrants at C$0.57 exercise price and a US$112,500 cash advisory fee for financial advisory services.
Pulsar Helium has begun field activities at its Topaz Project in Minnesota, with personnel and equipment arriving on-site since December 7th. The company plans to deepen the Jetstream #1 appraisal well by a minimum of 1,640 feet (500 metres) before the Christmas holiday.
The previous drilling in February 2024 reached 2,200 feet and identified helium concentrations up to 14.5%, significantly above the 0.3% economic threshold, along with CO2 concentrations exceeding 70%. The deepening operation will target the full height of the helium reservoir, supported by recent survey data and previous drilling results. A mass spectrometer will monitor gas composition during drilling, with wireline log acquisition scheduled upon completion.
Pulsar Helium (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) has partnered with Send My Stuff To Space (SMSTS) to enhance its Pulsar Scholars initiative. The partnership will utilize Pulsar's quarterly US$2,500 bursary to fund STEM students' experiments using SMSTS's space balloons, which reach altitudes of approximately 130,000 feet. SMSTS is transitioning from hydrogen to helium-filled biodegradable latex balloons for suborbital flights, providing an environment similar to Mars's surface conditions. The program offers students discounted rates for testing cube satellites and other scientific experiments in extreme conditions.
Pulsar Helium has announced its participation in the Swiss Mining Institute Annual Conference on November 21, 2024. CEO Thomas Abraham-James will present the company's investment case, highlighting recent seismic data findings at their Topaz helium project in Minnesota.
The company plans to deepen the Jetstream #1 appraisal well by an additional 1,640 feet in Q4 2024, following the discovery of helium concentrations up to 14.5%. Independent evaluations estimate recoverable prospective resources of up to 2.8 Bcf of helium and 21.3 Bcf of CO2 (gross, P10), covering just 13% of the company's land position.
Pulsar Helium Inc. (AIM:PLSR, TSXV:PLSR, OTCQB:PSRHF) announces its participation in today's AJ Bell / Shares investor event webinar. The company's President & CEO Thomas Abraham-James will present at 18:00 GMT. The webinar offers investors an opportunity to hear directly from company directors about their investment propositions and ask questions through an online chat window. The event is free to attend and targets both existing and potential investors interested in various sectors.
CEO.CA, a leading investor social network for junior resource and venture stocks, presents its latest 'Inside the Boardroom' series featuring interviews with executives from three mining companies. The interviews include discussions with Thomas Abraham-James from Pulsar Helium (TSXV: PLSR, OTCQB: PSRHF), David Kol from Zodiac Gold (TSXV: ZAU), and David Smith from Arizona Metals Corp (TSX: AMC, OTCQX: AZMCF). CEO.CA, founded in 2012 and now a subsidiary of EarthLabs, serves millions of visitors annually as a platform for investor networking and information sharing.
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