Pulsar Helium Announces Receipt Of Conditional Approval And An Update To The Fundraise Timetable
Pulsar Helium Inc. (OTCQB:PSRHF) has received conditional approval from the TSX Venture Exchange for its previously announced Offering. The company has applied for admission of 14,974,338 new Common Shares to trading on AIM, expected to commence on August 29, 2025 ("First Admission").
Additionally, the company has applied for admission of 1,200,000 new Common Shares related to the Subscription, with trading expected to begin on September 1, 2025 ("Second Admission"). Upon completion of both admissions, Pulsar's total issued Common Shares will increase to 150,267,309.
Pulsar Helium Inc. (OTCQB:PSRHF) ha ottenuto l'approvazione condizionata dalla TSX Venture Exchange per l'Offering precedentemente annunciato. La società ha richiesto l'ammissione alla negoziazione su AIM di 14.974.338 nuove Azioni Ordinarie, con inizio previsto il 29 agosto 2025 ("Prima Ammissione").
Inoltre, ha richiesto l'ammissione di 1.200.000 nuove Azioni Ordinarie relative alla Sottoscrizione, la cui negoziazione è prevista a partire dal 1° settembre 2025 ("Seconda Ammissione"). Al completamento di entrambe le ammissioni, il numero totale di Azioni Ordinarie emesse aumenterà a 150.267.309.
Pulsar Helium Inc. (OTCQB:PSRHF) ha recibido la aprobación condicional de la TSX Venture Exchange para la Oferta anunciada anteriormente. La compañía ha solicitado la admisión a negociación en AIM de 14.974.338 nuevas Acciones Ordinarias, con inicio previsto el 29 de agosto de 2025 ("Primera Admisión").
Además, ha solicitado la admisión de 1.200.000 nuevas Acciones Ordinarias relacionadas con la Suscripción, cuya negociación está prevista a partir del 1 de septiembre de 2025 ("Segunda Admisión"). Tras completarse ambas admisiones, el total de Acciones Ordinarias emitidas aumentará a 150.267.309.
Pulsar Helium Inc. (OTCQB:PSRHF)가 TSX 벤처 거래소로부터 이전에 발표한 공모에 대해 조건부 승인을 받았습니다. 회사는 14,974,338주의 신규 보통주를 AIM에 상장 신청했으며, 상장은 2025년 8월 29일에 시작될 예정입니다 ("첫 번째 상장").
또한 회사는 구독(Subscription)과 관련된 1,200,000주의 신규 보통주 상장을 2025년 9월 1일에 시작될 예정으로 신청했습니다 ("두 번째 상장"). 두 상장이 모두 완료되면 Pulsar의 발행 보통주 총수는 150,267,309주로 증가합니다.
Pulsar Helium Inc. (OTCQB:PSRHF) a reçu l'approbation conditionnelle de la TSX Venture Exchange pour son Offre annoncée précédemment. La société a demandé l'admission à la négociation sur AIM de 14 974 338 nouvelles Actions Ordinaires, dont l'ouverture est prévue le 29 août 2025 ("Première Admission").
De plus, la société a demandé l'admission de 1 200 000 nouvelles Actions Ordinaires liées à la Souscription, dont la négociation devrait débuter le 1er septembre 2025 ("Deuxième Admission"). Une fois les deux admissions réalisées, le nombre total d'Actions Ordinaires émises par Pulsar passera à 150 267 309.
Pulsar Helium Inc. (OTCQB:PSRHF) hat von der TSX Venture Exchange eine bedingte Genehmigung für das zuvor angekündigte Angebot erhalten. Das Unternehmen hat die Zulassung zum Handel auf AIM für 14.974.338 neue Stammaktien beantragt, deren Handel voraussichtlich am 29. August 2025 beginnen wird ("Erste Zulassung").
Zusätzlich hat das Unternehmen die Zulassung für 1.200.000 neue Stammaktien im Zusammenhang mit der Zeichnung beantragt, deren Handel voraussichtlich am 1. September 2025 beginnt ("Zweite Zulassung"). Nach Abschluss beider Zulassungen wird die Gesamtzahl der ausgegebenen Stammaktien von Pulsar auf 150.267.309 ansteigen.
- None.
- Potential dilution of existing shareholders' ownership due to new share issuance
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 THE UNITED STATES, 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.
Unless otherwise defined herein, capitalised terms used in this announcement have the same meanings given to them in the Company's announcement dated August 20, 2025.
CASCAIS, PORTUGAL / ACCESS Newswire / August 28, 2025 / Pulsar Helium Inc. (AIM:PLSR)(TSXV:PLSR)(OTCQB:PSRHF) ("Pulsar" or the "Company"), a leading helium project development company, announces that, further to its announcements dated August 20 and 21, 2025 in relation to the Offering, the Company has received the conditional approval of the Offering from the TSX Venture Exchange (the "TSX-V"). The Company also provides an update to the timetable for admission of the new Common Shares to trading on AIM.
Application has been made to the London Stock Exchange plc for the admission to trading on AIM of 14,974,338 new Common Shares, which is expected to occur and dealings commence at 8.00 a.m. on or around August 29, 2025 ("First Admission"). In addition, application has been made for the admission to trading on AIM of 1,200,000 new Common Shares, relating to the Subscription, which is expected to occur and dealings commence at 8.00 a.m. on or around September 1, 2025 ("Second Admission").
The new Common Shares, when issued and fully paid, will rank pari passu in all respects with the existing Common Shares. On First Admission and Second Admission respectively, the total number of Common Shares in issue will be 149,067,309 and 150,267,309, with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, of
On behalf 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 Joint Broker)
Ritchie Balmer / Rob Patrick
+44 (0)20 7409 3494
OAK Securities*
(Joint Broker)
Richard McGlashan / Mungo Sheehan
+44 7879 646641 / +44 7788 266844
richard.mcglashan@oak-securities.com / mungo.sheehan@oak-securities.com
*OAK Securities is the trading name of Merlin Partners LLP, a firm incorporated in the United Kingdom and regulated by the UK Financial Conduct Authority.
Yellow Jersey
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
pulsarhelium@yellowjerseypr.com
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of the London Stock Exchange and listed on the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each.
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.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Statements
This news release and the interview contains forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating relating to the expected admission to trading on AIM of the new Common Shares . Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, the Company's capital cost estimates, management's expectations regarding the availability of capital to fund the Company's future capital and operating requirements and the ability to obtain all requisite regulatory approvals.
No reserves have been assigned in connection with the Company's property interests to date, given their early stage of development. The future value of the Company is therefore dependent on the success or otherwise of its activities, which are principally directed toward the future exploration, appraisal and development of its assets, and potential acquisition of property interests in the future. No un-risked Contingent and Prospective Helium Volumes have been defined at the Tunu Project. However, estimating helium volumes is subject to significant uncertainties associated with technical data and the interpretation of that data, future commodity prices, and development and operating costs. There can be no guarantee that the Company will successfully convert its helium volume to reserves and produce that estimated volume. Estimates may alter significantly or become more uncertain when new information becomes available due to for example, additional drilling or production tests over the life of field. As estimates change, development and production plans may also vary. Downward revision of helium volume estimates may adversely affect the Company's operational or financial performance.
Helium volume estimates are expressions of judgement based on knowledge, experience and industry practice. These estimates are imprecise and depend to some extent on interpretations, which may ultimately prove to be inaccurate and require adjustment or, even if valid when originally calculated, may alter significantly when new information or techniques become available. As further information becomes available through additional drilling and analysis the estimates are likely to change. Any adjustments to volume could affect the Company's exploration and development plans which may, in turn, affect the Company's performance. The process of estimating helium resources is complex and requires significant decisions and assumptions to be made in evaluating the reliability of available geological, geophysical, engineering, and economic date for each property. Different engineers may make different estimates of resources, cash flows, or other variables based on the same available data.
Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward- looking statements. Such risks and uncertainties include, but are not limited to, that Pulsar may be unsuccessful in drilling commercially productive wells; the uncertainty of resource estimation; operational risks in conducting exploration, including that drill costs may be higher than estimates ; commodity prices; health, safety and environmental factors; and other factors set forth above as well as risk factors included in the Company's Annual Information Form dated July 31, 2025 for the year ended September 30, 2024 found under Company's profile on www.sedarplus.ca.
Forward-looking statements contained in this news release are as of the date of this news release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. No assurance can be given that the forward-looking statements herein will prove to be correct and, accordingly, investors should not place undue reliance on forward-looking statements. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
SOURCE: Pulsar Helium Inc.
View the original press release on ACCESS Newswire
FAQ
When will Pulsar Helium's (PSRHF) new Common Shares begin trading on AIM?
How many total Common Shares will Pulsar Helium (PSRHF) have after both admissions?
What approvals has Pulsar Helium (PSRHF) received for its Offering?
Will the new Common Shares have the same rights as existing shares?
