Pulsar Helium Files Financial and Operating Results for the Year Ended September 30, 2025

Core Viewpoint - Pulsar Helium Inc. has reported significant operational and financial developments for the year ended September 30, 2025, highlighting the successful deepening of its Jetstream wells and the promising helium concentrations at its Topaz Project, positioning the company as a potential key player in the helium market [1][9]. Operational Highlights for the Year - The Jetstream 1 appraisal well was deepened to 5,100 feet (1,555 meters), confirming high helium concentrations of up to 14.5%, significantly above the economic threshold of 0.3% [6][9]. - The Jetstream 2 appraisal well reached a total depth of 5,638 feet (1,718 meters) and confirmed sustained average helium concentrations of 5.6% during flow testing [6][9]. - A drilling program initiated in October 2025 aims to drill up to ten wells to delineate the helium reservoir at Topaz, with three holes completed to date [6][9]. Financial Highlights for the Year - For the year ended September 30, 2025, the company reported a net loss of $9,645,889, an improvement from a net loss of $20,346,712 in the previous year [7]. - Total assets increased to $2,420,415 from $1,942,996 in the prior year, while total liabilities decreased to $2,610,441 from $4,976,017 [7]. - The company recorded a non-cash revaluation gain of warrant liability of $1,895,724 during the year [7]. Post-Year Developments - In January 2026, two U.S. Federal laboratories confirmed the presence of helium-3 isotope in the gas from the Jetstream 1 well, with concentrations ranging from 11.2 to 11.9 parts-per-billion [6][9]. - The company completed a private placement in August 2025, raising $5,034,846 through the issuance of 16,174,338 common shares [12]. - Post-year, the company issued 17,490,684 common shares on the exercise of warrants for proceeds of C$6,332,394 [12]. Strategic Outlook - The company aims to become a significant supplier of helium in a tightening global market, leveraging its successful fundraising and AIM market listing to broaden its investor base [9][12]. - The deepening of the Jetstream wells and the ongoing drilling program are expected to inform future resource estimation and production modeling, enhancing the company's strategic positioning [10][13].