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Pulsar Helium Announces Director Resignation and Exercise of Stock Options

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Pulsar Helium (OTCQB: PSRHF) announced the resignation of director Brice Laurent effective March 31, 2026, and disclosed recent stock option exercises. On March 31, 2026, Mr. Laurent exercised 450,000 options at CAD$0.45 each; a director and an employee also exercised 2,000,000 options.

Together the exercises generated cash proceeds of CAD$1,102,500 for the company.

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Positive

  • Cash proceeds of CAD$1,102,500 from option exercises
  • Insider participation: director exercised 450,000 options at CAD$0.45

Negative

  • Director Brice Laurent resigned effective March 31, 2026
  • 2,450,000 stock options exercised, causing potential dilution

News Market Reaction – PSRHF

+1.99%
+1.99% Session close to close

In the Apr 1 session, PSRHF gained 1.99%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.

CASCAIS, Portugal, April 01, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a primary helium company, announces the resignation of Brice Laurent as a director of the Company effective March 31, 2026.

In addition, Mr. Laurent, through Garennes Ventures B.V., a company beneficially owned by Mr. Laurent, on March 31, 2026, exercised 450,000 stock options at an exercise price of CAD$0.45 per share. The Company also notes that within the past week, a director and an employee of the Company also exercised an aggregate of 2,000,000 stock options at an exercise price of CAD$0.45. Together, these stock option exercises generated additional cash proceeds for the Company of CAD$1,102,500.  

On behalf of Pulsar Helium Inc.
“Thomas Abraham-James”
President, CEO and Director

Further Information:

Pulsar Helium Inc.
connect@pulsarhelium.com
+ 1 (218) 203-5301 (USA/Canada)

+44 (0) 2033 55 9889 (United Kingdom)
https://pulsarhelium.com
https://ca.linkedin.com/company/pulsar-helium-inc.

Strand Hanson Limited
(Nominated & Financial Adviser, and Broker)
Ritchie Balmer / Rob Patrick
+44 (0) 207 409 3494

Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
pulsarhelium@yellowjerseypr.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


FAQ

What did Pulsar Helium (PSRHF) announce on April 1, 2026 about its board?

A director resignation was announced: Brice Laurent resigned effective March 31, 2026. According to the company, the resignation is effective March 31, 2026 with no further details on succession.

How many stock options did Pulsar Helium (PSRHF) report exercised on March 31, 2026?

The company reported 2,450,000 total options exercised, including 450,000 by Mr. Laurent. According to the company, exercises included 450,000 by a director and 2,000,000 by a director and employee over the past week.

How much cash did Pulsar Helium (PSRHF) receive from the March 2026 option exercises?

Pulsar Helium received CAD$1,102,500 in proceeds from the option exercises. According to the company, exercises were at an exercise price of CAD$0.45 per share.

At what price were the Pulsar Helium (PSRHF) stock options exercised on March 31, 2026?

Options were exercised at an exercise price of CAD$0.45 per share. According to the company, both the March 31 exercise and recent exercises by a director and employee used the CAD$0.45 strike.

Does the Pulsar Helium (PSRHF) announcement indicate any planned changes to board composition?

The announcement only confirms the resignation of Brice Laurent effective March 31, 2026 and does not state any appointment. According to the company, no replacement or board changes were disclosed in this release.