Core Viewpoint - Pulsar Helium Inc. has successfully completed drilling at the Jetstream 7 appraisal well, confirming a 100% success rate in encountering pressurized gas across all seven appraisal wells drilled at the Topaz Helium Project in Minnesota, USA, which is expected to enhance the company's commercial potential in helium supply [3][4][11]. Drilling and Testing Updates - The Jetstream 7 well reached a total depth of 2,979 feet (908 meters) on March 10, 2026, and encountered gas at approximately 2,107 feet (642 meters) with a preliminary bottom-hole pressure of about 953 psi [4][6]. - Down-hole logging of Jetstream 7 was completed on March 17, 2026, using a full suite of logging tools to gather detailed geological data [7]. - Flow and pressure build-up testing across the Jetstream wells is anticipated to commence in late March or early April 2026, following standard well preparation [9]. Geological Insights - The processing of 2D active seismic data acquired in February 2026 has been completed, confirming good quality data that will be interpreted to enhance the understanding of the Topaz helium system [10]. - The Topaz Helium Project has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide, with helium-3 being noted for its strategic applications [11]. Company Strategy and Market Position - The company aims to become a leading supplier of primary helium to high-value industrial and specialty gas markets, leveraging the successful drilling campaign and the strategic importance of helium supply from stable jurisdictions [12].

Core Viewpoint - Pulsar Helium Inc. has successfully intersected a pressurized gas zone at the Jetstream 7 appraisal well in the Topaz Project, indicating a robust helium-bearing system and validating the geological model [3][5][9]. Summary by Relevant Sections Drilling Operations - The Jetstream 7 well encountered a pressurized gas zone at approximately 2,107 feet (642 meters) with a preliminary bottom-hole pressure of about 953 psi, confirming a strongly pressurized system [3][6][7]. - Drilling is ongoing towards a planned total depth of 3,000 feet (914 meters), with the potential to deepen to 5,000 feet (1,524 meters) depending on geological conditions [6][7]. Technical Evaluation - The higher bottom-hole pressure at Jetstream 7 supports the presence of an active and extensive gas-bearing system within the Topaz structure [7]. - Data collected from Jetstream 7, including pressure information and core samples, will enhance the technical dataset for future resource evaluation and development planning [8]. Project Overview - The Topaz Helium Project is located in Minnesota, USA, and has a 100% success rate in intersecting pressurized gas across all seven appraisal wells drilled to date [9]. - The project has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide, with helium-3 having strategic applications in various advanced technologies [9].

Core Insights - HeLIX Exploration PLC has achieved a significant milestone by becoming the first helium producer in Montana, marking a rapid execution since its IPO in April 2024 [1][2] - The market reaction has seen a nearly 10% decline in stock price, attributed to pre-production news being factored in [1] Production and Strategy - The company plans to finalize offtake agreements post-production to ensure buyers can see the helium being produced in pure form [2] - Initial production is expected to be around 1,500 Mcf per day, with potential scaling up to 6,000,000 cubic feet of input gas per day, translating to approximately 65,000 cubic feet of helium per day [4] Helium Quality - The helium produced is expected to be ultra-high purity, designed for five-nine purity (99.999%), which significantly enhances market opportunities compared to lower purity grades [3] Operational Updates - The company is currently addressing a minor drilling issue at the Inez well, which does not affect helium production or hydrogen prospectivity [5]

Core Viewpoint - Pulsar Helium Inc. has successfully completed drilling Jetstream 6 at the Topaz Project in Minnesota, confirming the presence of multiple pressurized gas intervals and marking a significant milestone in the appraisal of the helium resource [5][6][10]. Group 1: Drilling Progress - Jetstream 6 has been drilled to a total depth of 2,597 feet, encountering multiple gas zones at depths of 1,287 feet (~576 psi), 2,120 feet (~981 psi), 2,187 feet (~1,012 psi), and 2,377 feet (~1,100 psi) [5][6]. - Drilling of Jetstream 7 has commenced, with a planned total depth of 3,000 feet and the potential to deepen to 5,000 feet, located 2.2 miles northwest of Jetstream 1 [7][10]. Group 2: Seismic Program - The extensive 2D active seismic acquisition program at the Topaz Project has been completed, consisting of five seismic lines totaling 41.5 miles [6][8]. - The raw seismic data has been reviewed by an independent expert and confirmed to be of good quality, with processing and interpretation now underway [9][10]. Group 3: Project Overview - The Topaz Helium Project is a large-scale exploration opportunity in Minnesota, with a 100% success rate in drilling appraisal wells that have intersected pressurized gas [10]. - The project has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide, with helium-3 having strategic applications in various advanced technologies [10].

Core Viewpoint - Pulsar Helium Inc. has reported significant progress in its Jetstream 6 appraisal well at the Topaz Project in Minnesota, encountering three additional pressurized gas zones with bottom-hole pressures exceeding 1,000 psi, indicating promising helium exploration potential [3][4][8]. Drilling Operations - The Jetstream 6 well is being drilled to a total depth of approximately 3,000 feet, with drilling operations ongoing [5][6]. - Gas was observed bubbling through drilling fluids at the surface, confirming the presence of pressurized gas in the intersected intervals [4]. Appraisal Program - Following the completion of Jetstream 6, the drilling rig will move to the Jetstream 7 location, which is about 2.2 miles northwest of the Jetstream 1 discovery well, also targeting a depth of approximately 3,000 feet [6]. Topaz Project Overview - The Topaz Helium Project is located in Minnesota, a stable jurisdiction with established infrastructure, and has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide [7]. - All six appraisal wells drilled at Topaz have intersected pressurized gas, achieving a 100% success rate, which supports the geological model for the project [7]. Pressurized Gas Zones - The identified pressurized gas zones at various depths include: - 1,287 feet with a bottom-hole pressure of 576 psi - 2,120 feet with a bottom-hole pressure of 981 psi - 2,187 feet with a bottom-hole pressure of 1,012 psi - 2,377 feet with a bottom-hole pressure of 1,100 psi [8]. Strategic Importance - The Topaz Project represents a core asset for the company, aimed at building exposure to high-value industrial and specialty gas markets, with ongoing technical work generating encouraging data [9].

Core Viewpoint - Pulsar Helium Inc. has successfully intersected a pressurized gas zone at the Jetstream 6 appraisal well in the Topaz Project, indicating a strong geological model and a 100% success rate across all appraisal wells drilled to date [3][5][9]. Summary of Key Points Company Overview - Pulsar Helium Inc. is a publicly traded company focused on helium exploration, with its flagship Topaz Project located in Minnesota, USA [12]. - The company also has projects in Michigan and Greenland, emphasizing its position as a first mover in helium occurrences not associated with hydrocarbon production [12]. Jetstream 6 Appraisal Well - The Jetstream 6 well encountered a pressurized gas zone at a depth of approximately 1,287 feet (392 meters) with a preliminary bottom-hole pressure of about 576 psi [6][7]. - Visible gas influx was observed during drilling, confirming active gas flow under pressure [6][7]. - The well is being drilled using continuous HQ core drilling to maximize geological sample recovery, targeting a depth between 3,000 and 5,000 feet (914 to 1,524 meters) [6][7]. Drilling and Testing Operations - All six Jetstream appraisal wells drilled so far have intersected pressurized gas, maintaining a 100% success rate [6][9]. - Flow and pressure testing equipment is scheduled to arrive on February 15, 2026, for testing Jetstream appraisal wells 3 and 4, with subsequent testing for well 5 expected after the current drilling program concludes in late March 2026 [8][9]. Project Potential - The Topaz Helium Project is identified as a large-scale exploration opportunity with potentially saleable concentrations of helium, helium-3, and carbon dioxide [9]. - Helium-3 is noted for its strategic applications in national security and advanced technologies, providing additional potential upside for the project [9].

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 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].

Company Overview - Helium Evolution Incorporated (HEVI) is a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, holding the largest helium land rights position in North America among publicly-traded companies [7] - The company has over five million acres of land under permit near proven discoveries of economic helium concentrations, supporting scaling of exploration and development efforts [7] Leadership Appointment - Malcolm Adams has been appointed as President, Chief Executive Officer, and Director, effective February 1, 2026 [1] - Mr. Adams brings over 30 years of experience in energy, private equity, and technology sectors, with a strong track record in building teams, raising capital, and executing mergers and acquisitions [2] - His background includes extensive experience in capital allocation, corporate governance, and stakeholder engagement, positioning him well to advance the company's development strategy [3] Strategic Vision - Mr. Adams expressed excitement about joining HEVI, highlighting the company's unique position in a producing helium basin and strong partnerships with North American Helium and ENEOS Xplora USA [5] - The company aims to become a leading supplier of sustainably-produced helium, which is critical for Canada's healthcare, technology, and energy security [5][7] - The Board of HEVI is confident that Mr. Adams' leadership will be instrumental in the company's next phase of growth and development [5]

Core Viewpoint - Pulsar Helium Inc. has initiated a 2D active seismic acquisition program at its Topaz Project in Minnesota to enhance resource assessment and drilling target selection [1] Group 1: Seismic Acquisition Program - The seismic acquisition program will involve five seismic lines covering a total of 41.5 miles (66.8 kilometers) [1] - The work commenced on January 20, 2026, and is expected to be completed by mid-March 2026 [1] Group 2: Seismic Survey Methodology - The 2D active seismic acquisition utilizes sound waves generated by a Vibroseis machine, which produces vibrations that are recorded by geophone nodes placed on the ground [2] - The data collected will be processed to create a cross-section image of the subsurface area [2] Group 3: Environmental Considerations - Pulsar has adopted low-impact seismic (LIS) practices to minimize environmental impacts during the survey, particularly in forested areas [3] Group 4: Permitting and Stakeholder Engagement - The company has secured all necessary permits from key stakeholders in Minnesota, including the United States Forest Service and local landowners [4] Group 5: About the Topaz Project - The Topaz Project is located in northern Minnesota and is a primary helium discovery containing helium-4, helium-3, and CO2, independent of hydrocarbon production [5] - Pulsar is the first mover in helium exploration in this area and has confirmed a helium-rich gas reservoir through multiple wells [5]