Core Viewpoint - Pulsar Helium Inc. has conditionally closed a placing of 9,191,175 common shares at a price of £0.80 per share, raising total gross proceeds of approximately £7.35 million (around US$10 million / CAD$13.7 million) to fund its helium projects and general corporate purposes [1][2]. Group 1: Financial Details - The placing was priced at £0.80 per share, resulting in gross proceeds of £7,352,940 (approximately US$10 million / CAD$13.7 million) [1][2]. - An advisory fee of £20,000 (approximately CAD$37,000) and a cash fee of £441,176 (approximately CAD$812,000) were paid to OAK Securities for their role in the placing [3]. Group 2: Project Funding - Net proceeds from the placing will be allocated to advance the Topaz helium project in Minnesota, the Falcon project in Michigan, and for general working capital [2]. - At the Topaz Project, the company plans to conduct extended well testing, reservoir evaluation, and an additional seismic survey, as well as update the independent resource estimate and complete a pre-feasibility study for integrated helium and CO₂ production [2]. Group 3: Regulatory Information - The placing was conducted under Pulsar's Canadian base shelf prospectus dated February 11, 2026, supplemented by a prospectus supplement dated February 19, 2026, which qualifies the distribution of the placing shares [4]. - The placing shares are not subject to resale restrictions in Canada due to the qualifying documents [4].

Core Viewpoint - Pulsar Helium Inc. has successfully completed drilling the Jetstream 5 well at its Topaz Project in Minnesota, encountering multiple pressurized gas zones and recording the highest bottom-hole pressure to date at the site, indicating a strong helium resource potential [3][4]. Drilling Progress - The Jetstream 5 well was drilled to a total depth of 3,839 feet (1,170 meters), with significant gas influxes observed at depths of 837 feet (255 meters), 1,481 feet (451 meters), and 2,857 feet (871 meters) [3][4]. - The bottom-hole pressure at 2,857 feet was approximately 1,292 psi, the highest recorded at the Topaz Project [4]. - The drill rig has moved to Jetstream 6, which commenced drilling on January 27, 2026, with a designed total depth of 3,000 feet (914 meters) and the potential to deepen to 5,000 feet (1,524 meters) [5]. Future Plans - A coordinated testing program for Jetstream 3 and 4 is set to begin in late February 2026, involving flow testing and pressure build-up over approximately six weeks per well [6]. - The company plans to return to Jetstream 5 in April 2026 to retrieve a stuck segment of the drill string and conduct full logging and flow testing of the formation [4]. Project Overview - The Topaz Project is located in northern Minnesota, where Pulsar is the first mover in helium exploration, holding exclusive leases over the project area [8]. - The project has confirmed a laterally extensive helium-rich gas reservoir, indicating a high-quality helium resource [8].

Core Viewpoint - Helium Evolution Incorporated (HEVI) has announced the initiation of significant seismic programs and a pooling agreement with North American Helium Incorporated (NAH), aimed at enhancing helium exploration and development in southern Saskatchewan [1][2]. Pooling Agreement and Seismic Program - HEVI and NAH have entered a pooling agreement covering approximately 40,000 acres in the Grasslands/Mankota area, with a land split of 51% for NAH and 49% for HEVI [2]. - The pooling agreement includes both 100%-owned acreage from each party and undeveloped acreage previously held at an 80% NAH / 20% HEVI working interest, which will now be revised to the new split [2]. - A 3D seismic program covering about 170 square kilometers is being initiated, expected to enhance subsurface understanding and reduce drilling risk [3][4]. Financial Aspects - The 3D seismic program is projected to cost approximately $4.9 million gross, with HEVI's net share being $2.4 million [4]. Operations Update - The Soda Lake Facility has been temporarily placed on standby due to production levels falling below operational requirements, necessitating further optimization [7]. - The 3D seismic program is expected to inform the development strategy for the Soda Lake Facility, potentially allowing for quicker tie-ins of successful wells [8][11]. Future Plans - Drilling targets are anticipated to be finalized following data interpretation in Q2-2026, with drilling expected to commence around September 1, 2026 [9]. - Successful wells could lead to the reactivation of the Soda Lake Facility and production from the Mankota/Grasslands area [9][10]. Strategic Outlook - HEVI's partnership with NAH is designed to share costs and risks, enabling a broader scope of exploration and development initiatives in 2026 [10]. - The company aims to build a scalable helium asset base in one of Canada's most prospective helium-producing regions [11][13].

Core Insights - Pulsar Helium Inc. has appointed Cliff Cain as Manager of Commercial & External Affairs, enhancing its leadership team and commercial strategy [3][5][10] - The company has successfully completed drilling at Jetstream 4, reaching a total depth of 3,000 feet (914 meters) and encountering promising helium-bearing intervals [6][15] - The drilling rig is being relocated to Jetstream 5, with a target depth of 5,000 feet (1,524 meters), indicating ongoing commitment to an aggressive multi-well drilling campaign [16][21] Leadership Appointment - Cliff Cain brings over 15 years of experience in the helium and specialty gas industries, having negotiated over $100 million in gas supply agreements [9][12] - His role will focus on strengthening Pulsar's market positioning and transitioning the company from exploration to development and revenue generation [10][11] Drilling Progress - Jetstream 4 drilling encountered a bottom-hole pressure of approximately 887 psi at a depth of 1,897 feet (578 meters), an increase from previously reported levels [15] - The company plans to conduct simultaneous testing on Jetstream 3 and 4 to optimize capital deployment and accelerate data collection [17] Project Overview - The Topaz project is located in northern Minnesota, where Pulsar holds exclusive leases and has successfully drilled multiple appraisal wells [21][24] - Recent flow tests from Jetstream 1 indicated a peak gas flow rate of approximately 1.3 million cubic feet per day with a sustained helium content of 7–8% [21] Corporate Developments - Strand Hanson Limited has been appointed as the sole broker for the company, while ShareTalk Ltd will assist in investor communications for a fee of £3,000 over six months [19][20] - The agreement with ShareTalk can be terminated by either party without notice, ensuring flexibility in investor relations [20]