Core Viewpoint - ABCrescent Cooperatief U.A. has disposed of control over 8,223,684 common shares of Pulsar Helium Inc. at approximately £3,125,000, while planning to exercise 15,500,000 warrants for additional shares [1][2][3]. Group 1: Disposition Details - ABCapital disposed of 8,223,684 common shares at an approximate price of 0.38 pence (Cdn$0.71) per share, resulting in total proceeds of about £3,125,000 [1]. - The disposition was managed by OAK Securities and executed through OAK Stockbrokers, receiving strong institutional support from UK and European investors [2]. Group 2: Shareholding Structure - Prior to the disposition, ABCapital controlled 15,500,000 common shares, representing approximately 10.24% of Pulsar Helium Inc.'s outstanding shares, along with 15,500,000 warrants [3]. - After the disposition, ABCapital controls 7,276,316 common shares, approximately 4.81% of the outstanding shares, and still holds 15,500,000 warrants [4]. - Assuming full exercise of the warrants, ABCapital would control 22,776,316 common shares, representing approximately 13.65% of the outstanding shares on a partially diluted basis [4]. Group 3: Future Actions - ABCapital exercises control over the common shares and warrants for investment purposes and may take further actions regarding its holdings depending on market conditions [5].
ABCrescent Cooperatief U.A. Announces Filing of Updated Early Warning Report in Relation to Pulsar Helium Inc.
Newsfile·2025-10-27 21:58