Core Viewpoint - Pulsar Helium Inc. has signed an agreement with Sproule-ERCE to conduct a Pre-Feasibility Study for the Tunu helium-geothermal project in East Greenland, marking a significant milestone for the company as it advances one of the few primary helium occurrences in Europe [1][2]. Company Overview - Pulsar Helium Inc. is a leading helium project development company, publicly traded on the AIM market of the London Stock Exchange and the TSX Venture Exchange, with a focus on helium and geothermal energy projects [11]. - The company holds exclusive rights for helium exploration in Greenland, being the first to receive a license for helium exploration in the country [6]. Tunu Project Details - The Tunu Project is located on the east coast of Greenland, near Ittoqqortoormiit, and is notable for helium concentrations in sampled hot springs reaching up to 0.8% [5]. - The project also shows significant geothermal energy prospects, with reservoir temperatures estimated between 80°C and 110°C, allowing for potential cogeneration of power and heat [5]. - A passive seismic survey conducted in 2024 identified two main low-velocity anomaly zones, indicating fractured reservoirs that could trap helium [6]. Pre-Feasibility Study (PFS) - The PFS will evaluate existing geothermal opportunities alongside potential helium extraction, utilizing advanced geophysical data interpretation [7]. - The study is led by Sproule-ERCE, which has a strong track record in geothermal resource assessment and project development, having supported over 200 megawatt (MWth) of geothermal heat capacity globally [7]. - The PFS is scheduled for completion by the end of August 2025, providing a robust technical and economic foundation for future project decisions [7]. Strategic Importance - The Tunu project is positioned to support Europe's critical raw materials and clean energy ambitions, with the potential for renewable geothermal power for the local community [4][6]. - The project's location allows for efficient transport of helium to the European market, enhancing its strategic value [6].

Core Viewpoint - Pulsar Helium Inc. has signed an agreement with Sproule-ERCE to conduct a Pre-Feasibility Study for the Tunu helium-geothermal project in East Greenland, marking a significant milestone for the company as it advances one of the few primary helium occurrences in Europe [1][2]. Company Overview - Pulsar Helium Inc. is a leading helium project development company, publicly traded on the AIM market, TSX Venture Exchange, and OTCQB [11]. - The company holds exclusive rights for helium exploration in Greenland and has identified primary helium occurrences not associated with hydrocarbons [6][11]. Tunu Project Details - The Tunu Project is located on the east coast of Greenland, near Ittoqqortoormiit, and features helium concentrations in hot springs reaching up to 0.8% [5]. - The project also shows significant geothermal energy potential, with reservoir temperatures estimated between 80°C and 110°C, allowing for potential cogeneration of power and heat [5]. - A passive seismic survey conducted in 2024 identified two main low-velocity anomaly zones, indicating potential helium trapping reservoirs [6]. Pre-Feasibility Study (PFS) - The PFS will evaluate geothermal opportunities alongside potential helium extraction, utilizing advanced geophysical data interpretation [7]. - Sproule-ERCE, with a strong track record in geothermal resource assessment, will lead the study, which is expected to be completed by the end of August 2025 [7]. - The PFS aims to provide a robust technical and economic foundation for future project decisions [7]. Licensing and Regulatory Status - Pulsar holds Special Mineral Exploration Licence 2021-45 and has applied for an exclusive exploration licence for part of the licence area, which is currently in 'License Pending' status [8]. - The new licence will have an initial term of five years, extendable to a maximum of 22 years, subject to certain conditions [8].

Core Viewpoint - Helium Evolution Incorporated has successfully closed the second tranche of a strategic private placement, raising a total of $4.8 million through two private placements to support its helium exploration efforts in southern Saskatchewan [1][3]. Group 1: Private Placement Details - The recent private placement involved the issuance of 10,683,579 units at a price of $0.19 per unit, generating gross proceeds of $2.0 million [2]. - Insiders subscribed for 1,161,579 units in this private placement, with each unit consisting of one common share and one half of a common share purchase warrant [2]. - The warrants allow holders to purchase one common share at $0.305 for one year from the closing date of May 30, 2025, with an acceleration feature if the share price exceeds $0.57 for a 30-day period after six months [2]. Group 2: Previous Private Placement - The previous private placement raised $2.8 million, consisting of two closings: the first on March 17, 2025, with 7,040,000 units at $0.17 per unit for $1.2 million, and the second on April 4, 2025, with 9,217,000 units at $0.17 per unit for $1.6 million [3]. - Each unit in the previous placement also included one common share and one half of a common share purchase warrant, with warrants priced at $0.27 for one year from their respective closing dates [3]. Group 3: Company Overview - Helium Evolution is a Canadian helium exploration company holding the largest helium land rights position in North America among publicly traded companies, with over five million acres of land under permit in southern Saskatchewan [5]. - The company aims to become a leading supplier of sustainably-produced helium to meet the growing global demand [5].

Core Viewpoint - Helium Evolution Incorporated is advancing towards commercial helium production with the construction of the Soda Lake Facility, which will significantly enhance its operational capabilities in the helium market [1][2][3]. Company Developments - North American Helium Inc. plans to build a helium processing facility with a capacity of 12 million standard cubic feet per day in the Mankota area, expected to be operational in Q4 2025 [2]. - The Soda Lake Facility will initially connect three helium wells through a dedicated pipeline gathering system [2]. - Helium Evolution will hold a 20% working interest in the Soda Lake Facility, with an estimated investment of approximately $5.2 million, supported by its working capital and recent financing [3]. Strategic Importance - The Soda Lake Facility is viewed as a transformational milestone for Helium Evolution, unlocking long-term value from its Mankota assets and reinforcing confidence in the region's helium potential [3]. - The company aims to become a leading supplier of sustainably-produced helium, leveraging its extensive land rights position in North America, which encompasses over five million acres near proven helium concentrations [5]. Industry Context - The helium market is experiencing growth, and Helium Evolution's strategy is aligned with the increasing demand for sustainably-sourced helium [5].

Core Viewpoint - Helium Evolution Incorporated (HEVI) reported its Q1 2025 financial results, highlighting a net loss and ongoing operational developments in helium exploration in southern Saskatchewan [1][3][4]. Financial Summary - The net loss for the three months ended March 31, 2025, was CAD 675,000, compared to CAD 239,000 for the same period in 2024 [3]. - Net loss per share increased to CAD 0.01 from CAD 0.00 year-over-year [3]. - Cash reserves decreased to CAD 3.0 million from CAD 5.3 million in the previous year [3]. - Working capital also declined to CAD 1.97 million from CAD 4.99 million [3]. - Total assets increased slightly to CAD 11.68 million from CAD 11.29 million, while total liabilities rose to CAD 1.5 million from CAD 872,000 [3]. Operational Highlights - During Q1 2025, HEVI drilled four wells in the Mankota area, with two wells discovering helium [6]. - The company, in partnership with North American Helium Inc. (NAH), has drilled a total of six helium discovery wells to date, indicating strong potential in the region [6]. - HEVI and NAH are advancing development plans, including the Soda Lake Facility, expected to be operational in Q4 2025, which will facilitate the tie-in of multiple wells and initiate helium sales [7]. Strategic Positioning - HEVI holds the largest helium land rights position among publicly traded companies in North America, with over five million acres under permit in southern Saskatchewan [9]. - The company aims to become a leading supplier of sustainably-produced helium to meet the growing global demand [9].