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].

CALGARY, Alberta, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Helium Evolution Incorporated (TSXV:HEVI) ("HEVI" or the "Company"), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce the appointment of Malcolm Adams as President, Chief Executive Officer and Director, effective February 1, 2026. Mr. Adams brings over 30 years of experience in energy, private equity and technology sectors. He has a strong track record of building high-performing team ...

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]

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 Viewpoint - Pulsar Helium Inc. has confirmed the presence of helium-3 isotope in its Topaz helium project through independent analyses by two U.S. Federal laboratories, highlighting the strategic importance of this discovery due to the rarity and high value of helium-3 [3][4][12]. Group 1: Scientific Validation - The U.S. Geological Survey (USGS) and Lawrence Livermore National Laboratory (LLNL) independently verified helium-3 concentrations in the Jetstream 1 well, reporting values of approximately 11.2-11.9 parts-per-billion (ppb) for helium-3 and 7.7-8.0% for helium-4 [3][4][8]. - The isotopic ratio of helium-3 to helium-4 was found to be consistent across all three laboratories, indicating a reliable and reproducible data set [4][5][12]. - The rigorous sampling methodology employed, including the use of copper tube sampling, ensured the integrity of the gas samples analyzed [9][11]. Group 2: Strategic Significance - Helium-3 is valued at approximately $2,500 per liter, or over $18 million per kilogram, due to its applications in nuclear security, quantum computing, and potential use in nuclear fusion reactors [4][13]. - The Topaz project is now recognized as one of the richest terrestrial sources of helium-3, with concentrations comparable to those found in lunar regolith [4][13]. - The confirmation of helium-3's presence positions the Topaz project as a significant domestic resource, potentially attracting interest from U.S. government agencies for collaboration and development [7][14]. Group 3: Next Steps - Following the independent verification, the company plans to engage with U.S. government agencies to explore partnerships and funding opportunities to advance the Topaz project [14]. - The company aims to capitalize on the high demand for helium-3 in various sectors, including research and security, by presenting Topaz as a strategic asset [14][16].

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].

Core Viewpoint - Pulsar Helium Inc. has acquired 100% of Hybrid Hydrogen Inc. for a total consideration of US$80,000, marking its first entry into Michigan's helium exploration market [3][6]. Acquisition Details - The acquisition involves a cash payment of US$80,000 for all issued and outstanding shares of Hybrid, which holds exclusive mineral rights covering approximately 5,742 acres in Michigan's Upper Peninsula [6][8]. - This transaction supersedes a previously announced all-share structure from October 27, 2025 [3]. Strategic Rationale - The Michigan mineral rights are geologically similar to Pulsar's Topaz helium project in Minnesota, providing a familiar growth opportunity [7][9]. - The acquisition allows Pulsar to expand its asset base at a low cost, ensuring resources remain focused on the flagship Topaz project [8][9]. - The company aims to leverage its existing expertise in helium exploration to discover additional resources in Michigan [9]. Topaz Project Overview - The Topaz Project, located in northern Minnesota, is a primary helium discovery with confirmed high helium concentrations, averaging 8.1% in Jetstream 1 and 5.6% in Jetstream 2 [10]. - Pulsar is the first mover in helium exploration in both the Topaz and Tunu projects, with primary helium occurrences not associated with hydrocarbon production [12].

Core Insights - Helium Evolution Incorporated (HEVI) reported its interim condensed financial statements for the three and nine months ended September 30, 2025, highlighting a net loss and significant milestones in its operational growth [1][3][4]. Financial Performance - For the three months ended September 30, 2025, HEVI recorded a net loss of CAD 1.764 million compared to a net loss of CAD 0.185 million in the same period of 2024, representing an increase in loss of approximately 853% [3]. - The net loss per share for the third quarter was CAD 0.01, up from CAD 0.00 in Q3 2024 [3]. - Total assets increased to CAD 21.949 million from CAD 10.816 million year-over-year, while total liabilities rose to CAD 10.292 million from CAD 0.466 million [3]. - Cash, cash equivalents, and restricted cash stood at CAD 8.565 million, unchanged from the previous year [3]. Operational Highlights - HEVI achieved several transformational milestones during Q3 2025, focusing on expanding its production base through exploration and development in southern Saskatchewan [4]. - The company successfully constructed the Soda Lake helium processing facility, with production commencing in October 2025, marking a significant transition from exploration to production [7]. - In August 2025, HEVI secured CAD 8.3 million in convertible note financing to fund its working interest in the Soda Lake Facility and future drilling expenditures, which was converted into common shares in October 2025, improving the company's balance sheet [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, positioning itself as a key player in the helium market [8]. - The company aims to become a leading supplier of sustainably-produced helium, capitalizing on the growing global demand for helium [8].