Pulsar Helium Provides Update on Transaction With Oscillate PLC

Core Viewpoint - Pulsar Helium Inc. is progressing with its acquisition of Quantum Hydrogen Inc., having now acquired 80% of Quantum's shares through a series of share issuances as part of an all-share transaction with Oscillate PLC [1][4]. Group 1: Acquisition Details - The company has issued a total of 292,560 common shares to Oscillate on December 18, 2025, to satisfy the first and second monthly share option tranches, each valued at US$80,000, with a volume-weighted average price (VWAP) of C$0.7797 and C$0.7543 respectively for the two tranches [2]. - An additional 145,434 shares were issued on January 20, 2026, for the third tranche, also valued at US$80,000, with a VWAP of C$0.7556 [2]. - On February 9, 2026, the company issued 80,947 shares for the fourth tranche at a VWAP of C$1.3508, and on March 6, 2026, 66,022 shares were issued for the fifth tranche at a VWAP of C$1.6581 [3]. Group 2: Future Options - The company has the option to acquire the remaining 20% of Quantum's shares by May 3, 2027, for US$400,000 in consideration shares, to be issued in five installments of US$80,000 each [4]. - The company will evaluate this option in the coming months before the deadline [4]. Group 3: Company Overview - Pulsar Helium Inc. is publicly traded on the AIM market of the London Stock Exchange and listed on the TSX Venture Exchange and OTCQB, with a focus on helium projects in Minnesota, USA, and Greenland [7]. - The company is recognized as a first mover in both locations, identifying primary helium occurrences not associated with hydrocarbon production [7].