Pulsar Helium Closes Major Minnesota Land Position to the West of Topaz Project

Core Viewpoint - Pulsar Helium Inc. is advancing its acquisition of Quantum Hydrogen Inc. from Oscillate PLC through an all-share transaction, with updates on share issuance and financial terms [3][5]. Group 1: Transaction Details - The company executed a definitive agreement with Oscillate to acquire up to 100% of Quantum Hydrogen Inc. [3] - An amendment to the agreement was made to define "VWAP" with a minimum price of CAD$0.05, in compliance with TSX Venture Exchange policies [4]. - The company issued 292,560 shares as consideration for the first two monthly tranches of US$80,000 each, with VWAPs of C$0.7797 and C$0.7543 respectively [5]. Group 2: Financial Implications - The remaining tranches of the transaction total US$640,000 and will be satisfied in the coming months [5]. - The shares issued are subject to a hold period of four months and one day from the date of issuance [6]. Group 3: Company Overview - Pulsar Helium Inc. is publicly traded on the AIM market, TSX Venture Exchange, and OTCQB, focusing on helium exploration and development [7][8]. - The company’s portfolio includes the Topaz helium project in Minnesota and the Tunu helium project in Greenland, both identified as primary helium occurrences not associated with hydrocarbon production [8].