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].

Core Viewpoint - Pulsar Helium Inc. has reported significant progress in its Jetstream 5 appraisal well at the Topaz Project, encountering a new high-pressure gas influx, indicating a robust helium-rich gas reservoir [3][6][11]. Group 1: Jetstream 5 Update - The Jetstream 5 well has encountered pressurized gas at multiple depths: 837 feet (255 meters), 1,481 feet (451 meters), and a new influx at 2,857 feet (871 meters) with a bottom-hole pressure of approximately 1,292 psi, the highest recorded at Topaz [3][6][7]. - Drilling operations for Jetstream 5 are ongoing, targeting a total depth of up to 5,000 feet (1,524 meters) [8][9]. Group 2: Future Plans - After completing Jetstream 5, the drilling rig will move to the next well, Jetstream 6, located approximately 2.2 kilometers southwest of the discovery well [4][9]. - A multi-well flow testing program is set to begin in early February 2026, which will include flow testing and pressure build-ups for Jetstream wells 3, 4, and 5, with a six-week testing period expected for each well [10][11]. Group 3: About the Topaz Project - The Topaz Project, located in northern Minnesota, is a primary helium discovery with exclusive leases held by Pulsar, containing helium-4, helium-3, and CO2 [11][12]. - The ongoing appraisal program aims to map the reservoir's extent, pressure regime, and gas composition, which will inform future resource estimation and development planning [11].

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Core Viewpoint - Pulsar Helium Inc. has provided an update on well-testing activities at its Topaz project in Minnesota, highlighting encouraging well-head pressures and the presence of drilling fines affecting gas flow [1][2][3]. Well Testing Results - Pressure and flow testing at Jetstream 1 and Jetstream 2 showed well-head pressures of 122 PSIG and 151 PSIG respectively, with Jetstream 2 exceeding the previous pressure of 145 PSIG recorded in February 2024 [2]. - Jetstream 1 achieved a flow rate of 821,000 cubic feet per day under well-head compression during earlier tests [2]. Drilling Fines Impact - Drilling fines created by the air drilling method were found within fractures and on the wellbore wall, which restricted gas flow [3]. - A preliminary clean-up has been performed on both wells, resulting in improved flow rates, indicating that the drilling fines are mobile and can be removed [4]. Future Testing Plans - Further flow testing will resume once the clean-up of the wells is complete, expected to take 6 to 10 weeks [5][6]. Project Overview - The Topaz project is located in northern Minnesota, where Pulsar is the first mover with exclusive leases [7]. - Jetstream 1 has reached a total depth of 5,100 feet (1,555 meters) and identified helium concentrations of up to 14.5%, significantly above the economic threshold of 0.3% [7]. - Jetstream 2 was completed at a total depth of 5,638 feet (1,718 meters) on February 1, 2025, contributing to the company's strategy to meet the growing global demand for helium [7].