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. (OTCQB: PSRHF) generates a steady flow of technical and corporate news centered on its role as a primary helium exploration and development company. Its announcements focus heavily on the flagship Topaz helium project in northern Minnesota, USA, where the company reports a primary helium discovery containing helium-4, helium-3 and CO2, and on additional helium-focused acreage in Greenland and Michigan’s Upper Peninsula.
Readers of the PSRHF news feed can expect detailed operational updates on Pulsar’s Jetstream appraisal well program at Topaz. The company regularly reports on new wells such as Jetstream #3, #4 and #5, including drilling progress, depths reached, pressurized gas encounters, calculated bottom-hole pressures and observations of gas influx during drilling. News items also describe the use of HQ core drilling, wireline logging, flow testing and pressure build-up analysis as Pulsar works to map the extent, pressure regime and gas composition of the helium-rich reservoir.
Beyond field operations, Pulsar’s news releases cover portfolio expansion and corporate activity. Examples include the acquisition of Hybrid Hydrogen Inc., whose main asset is an exclusive mineral rights option to lease thousands of acres in Michigan’s Upper Peninsula targeting non-hydrocarbon gases, primarily helium, and an agreement to acquire Quantum Hydrogen Inc. from Oscillate PLC. The company also issues updates on security-based compensation awards, senior appointments and investor outreach events such as virtual site visits and Q&A sessions.
By following Pulsar Helium news, investors and observers can track how the company’s multi-well appraisal campaign at Topaz is progressing, how helium-4 and helium-3 results are evolving across wells, and how management is expanding its helium-focused land position. The Stock Titan PSRHF news page aggregates these updates so users can review operational milestones, technical data points and corporate developments in one place.
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.
CEO.CA, a subsidiary of EarthLabs, attracts millions of global investors annually, offering a platform for knowledge exchange and impactful stock stories. The series aims to shape the business landscape by sharing firsthand industry leader perspectives.
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.
Pulsar Helium Inc. (TSXV:PLSR, OTCQB:PSRHF) has announced new legislation in Minnesota enabling helium exploration and production on state lands. The legislation, effective May 22, 2024, follows Pulsar's advances at their Topaz helium project, where the Jetstream #1 well recorded a 13.8% helium flow.
This new regulatory framework allows the issuance of leases for non-hydrocarbon gases, including helium. Pulsar has already applied for new leases in targeted areas. Prior to this, leases were only available on privately held mineral rights. Permitting processes for helium production will be managed through a temporary framework until final rules are established.
By January 15, 2025, the Minnesota Department of Natural Resources will recommend legislative changes to support non-hydrocarbon gas exploration and production. Pulsar plans to expedite development at Topaz and broaden its operations in Minnesota, with CEO Thomas Abraham-James expressing gratitude for the state's support.