Core Viewpoint - Pulsar Helium Inc. has successfully exercised 15,500,000 warrants held by its major shareholder, ABCrescent Cooperatief U.A., generating proceeds of CAD$5,580,000 to strengthen its balance sheet and advance the Topaz helium project in Minnesota, USA [3][4][5]. Company Developments - The warrant exercise by ABCrescent enhances Pulsar's cash position, allowing for accelerated development of the Topaz helium project [4]. - ABCrescent remains the largest investor in Pulsar and continues to hold a board seat, indicating long-term commitment [4]. - Following the warrant exercise, ABCrescent controls 22,576,316 common shares, representing 13.53% of Pulsar's issued and outstanding shares [7][11]. Financial Transactions - The warrants were exercised at an exercise price of CAD$0.36, with the proceeds intended for advancing the Topaz project [3][5]. - ABCrescent disposed of 200,000 common shares at an aggregated volume price of approximately 40 pence (CAD$0.75), generating proceeds of approximately £81,700 [6]. Project Overview - The Topaz project is located in northern Minnesota, where Pulsar is the first mover with exclusive leases [12]. - Recent drilling activities have confirmed the presence of helium-3 in measurable concentrations, indicating significant potential for the project [12]. - A multi-well drilling campaign is planned to further explore and develop the Topaz project [12].