Pulsar Helium Stock Price, News & Analysis

Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) has provided an operational update for its Topaz project in Minnesota and Tunu project in Greenland. At Topaz, a 20.4km 2D seismic survey began on August 8th, expected to complete mid-August. This survey follows a successful seismic sweep that identified a helium-bearing zone. The data will be used to update the subsurface 3D model and assist in placing step-out appraisal wells from Jetstream #1.

At Tunu, a passive seismic survey commenced on August 6th at the Kap Tobin prospect. Three arrays are planned, anticipated to be completed in September. This survey will provide the first sub-surface dataset for Tunu, where migratory primary helium and a potential geothermal heat source have been identified.

Pulsar Helium Inc. (TSXV:PLSR)(OTCQB:PSRHF) has issued 121,641 common shares to company directors in lieu of cash fees, as per the Executive Chair and Director Fee Arrangements announced on July 4, 2024. The shares were calculated based on a US$75,000 conversion using an exchange rate of 1.3687 and a five-day VWAP of CAD$0.8439 per share. The shares were distributed among five insiders or their controlled companies. This transaction is considered a 'related party transaction' but is exempt from formal valuation and minority approval requirements under MI 61-101. The issued shares are subject to a four-month hold period.

Pulsar Helium has announced positive results from a 2D seismic sweep survey at its Topaz Helium Project in Minnesota. The survey identified a seismic reflector at the same depth as the helium-bearing zone from the Jetstream #1 appraisal well, which recorded North America's highest helium concentration of 14.5%. Additional reflectors were also observed at greater depths.

A more extensive 20.4km 2D seismic survey is scheduled for July to aid in the placement of further wells. Processed high-resolution airborne gravity gradiometry and magnetic data have been received for interpretation. An updated resource calculation by Sproule International is also expected this month.

CEO Thomas Abraham-James expressed optimism about the seismic data, which, combined with drilling and other geophysical data, will support their upcoming drilling program. The integration of these results will assist in planning for deepening Jetstream #1 and drilling new wells.

Pulsar Helium (TSXV:PLSR, OTCQB:PSRHF) announced the issuance of 121,644 common shares to settle fees for its Executive Chair and Director for the period January to June 2024. The shares, priced at $0.8439 each based on a five-day volume-weighted average, replace cash payments. This issuance is pending TSX Venture Exchange approval and will have a four-month hold period from the issuance date. The fee arrangement was approved by disinterested shareholders on April 30, 2024, and further details can be found in the management information circular dated March 13, 2024, available on SEDAR+.

CEO.CA Technologies, a leading investor social network focused on junior resource and venture stocks, shares exclusive updates from top executives in a recent series titled 'Inside the Boardroom'.

In the latest installment, CEO.CA interviewed Dean Skurka of WonderFi Technologies, Thomas Abraham-James of Pulsar Helium, Mark Selby of Canada Nickel, and Dustin Perry of Kingfisher Metals. These discussions provide valuable insights into the strategies, challenges, and visions of these junior mining companies.

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Pulsar Helium Inc. (TSXV:PLSR & OTCQB:PSRHF) is inviting shareholders to attend its presentation at the OTC Small Cap Growth Virtual Investor Conference on June 13, 2024, at 9:00 AM (Eastern). The event will feature a 20-minute talk by Thomas Abraham-James, the Company’s President, CEO, and Director, followed by a 10-minute Q&A session. Shareholders can attend for free by subscribing online. For more information, refer to the Company’s previous announcement dated March 20, 2024.

Pulsar Helium invites shareholders to attend its new presentation at the Emerging Growth Conference. The event is scheduled for June 12, 2024, at 10:15 AM Eastern Time.

The presentation will be delivered by Pulsar's President, CEO, and Director, Thomas Abraham-James. It will last 20 minutes and be followed by a 10-minute Q&A session.

Attendance is free, and participants need to subscribe to access the event. Further details were announced previously on March 11, 2024.

Pulsar Helium Inc. has announced further positive results from its exploration at the Topaz project in Minnesota. The Jetstream #1 appraisal well has shown exceptional flow rates of up to 821,000 cubic feet per day and helium grades between 8.7% and 14.5%. Bottom hole pressure was recorded at 162 psi with a 70% pressure rebound within the first hour post-flow shut-in, indicating significant gas volumes. These results confirm Jetstream #1 as a world-class helium well. Pulsar plans further seismic surveys and drilling activities, including deepening Jetstream #1 and drilling step-out wells, with a resource update expected in July 2024.

Pulsar Helium has announced the successful completion of the logging, completion, and flow testing activities at Jetstream #1, their appraisal well at the Topaz helium project in Minnesota. The well yielded significant helium flow, with concentrations between 8.7% to 14.5% and a peak flow rate of 821 Mcf/d. CO2 concentrations exceeded 70%, which could positively impact project economics. Data collected includes Vertical Seismic Profile (VSP) and wireline optical televiewer results. Future plans involve deepening Jetstream #1, drilling a nearby step-out well, and conducting a 3D seismic survey to better define the resource. The data will be analyzed by Sproule for an updated resource estimate and future project planning.