Pulsar Helium Inc. Announces Filing of Preliminary Short Form Base Shelf
Globenewswire·2025-10-16 06:00

Core Viewpoint - Pulsar Helium Inc. has filed a preliminary short form base shelf prospectus allowing for the potential offering of securities up to an aggregate amount of US$50 million over a 25-month period [2][3]. Group 1: Company Overview - Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange, TSX Venture Exchange, and OTCQB, focusing on helium exploration and development [7]. - The company’s flagship projects include the Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland, both of which are primary helium occurrences not associated with hydrocarbon production [7]. Group 2: Securities Offering - The preliminary base shelf prospectus will enable the company to offer common shares, debt securities, warrants, subscription receipts, and units, with specific terms to be established at the time of offering [2]. - The company currently has no immediate plans to raise capital, and there is no certainty that any securities will be offered or sold under the base shelf prospectus during its term [2]. Group 3: Market Distribution - The base shelf prospectus may qualify for "at-the-market distributions," allowing sales of securities into existing Canadian or other trading markets, subject to terms described in any applicable shelf prospectus supplement [3].