TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- VVC Exploration Corporation, dba VVC Resources ("VVC" or the "Company") (TSX-V: VVC; OTC: VVCVF) today announces its strategic development of the Central Kansas Uplift ("CKU") Project, an initiative being advanced through VVC’s wholly owned subsidiary, Plateau Helium Corporation ("PHC"). The CKU Project targets helium-rich natural gas within multiple stacked reservoirs in Rush and Pawnee Counties, Kansas, where PHC has assembled a meaningful lease position and ide ...

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. CASCAIS, Portugal, Sept. 29, 2025 (GLOBE ...

Core Insights - Pulsar Helium Inc. announced significant gas analysis results from its Topaz helium project in Minnesota, confirming sustained helium concentrations of up to 8% in both Jetstream 1 and Jetstream 2 appraisal wells, highlighting the project's potential as a leading primary helium discovery [1][3][4] Latest Gas Analysis and Well Performance - Jetstream 1 achieved a peak flow rate of over 1.3 million cubic feet per day (MMcf/d) under well-head compression, with stable long-duration flows producing between 150-300 thousand cubic feet per day (Mcf/d) for 12-18 hours [4][11] - Jetstream 1's gas analysis confirmed a sustained helium concentration of approximately 7-8%, significantly exceeding typical commercial thresholds of around 0.3% [5][7] - Jetstream 2 also showed high helium concentrations of up to 8% and an initial shut-in pressure of approximately 151 psi, indicating a strong reservoir, although sustained flow was limited due to wellbore blockages [5][8][9] Project Development and Future Plans - The company is planning a targeted cleanout program for Jetstream 2 to address flow restrictions and is optimistic about future flow tests post-remediation [3][9] - A multi-well drilling campaign is set to commence in early October to enhance understanding of the helium reservoir and advance Pulsar's strategy to become a leading helium producer [11][15]

Core Viewpoint - Pulsar Helium Inc. is actively engaging with investors by participating in the European Growth Virtual Investor Conference, highlighting its position as a leading helium project development company [1] Company Announcement - Thomas Abraham-James, the CEO and President of Pulsar, will present live at the conference on September 11, 2025, at 12:00 PM ET [1]

Group 1: Strategic Investments and Offerings - Keranic Industrial Gas has announced a private placement of subscription receipts at a price of $0.50 per receipt, aiming for up to $3,500,000 in gross proceeds, with a strategic investor contributing $2,000,000 [1][4] - A subsequent private placement is planned for $1,600,000, led by the strategic investor, bringing total gross proceeds to $5,100,000 [1][6] Group 2: Amalgamation Agreement and Transaction Details - Keranic has entered into a definitive amalgamation agreement with Royal Helium Ltd. and its subsidiaries for a business combination, pending court approval [2][24] - The transaction involves Royal Helium's four core areas with significant helium discoveries across approximately 600,000 acres in Saskatchewan and Alberta, including the Steveville plant capable of processing 15,000 Mcf/day of raw gas [3][25] Group 3: Strategic Investor Profile - The strategic investor is a multi-national supplier of helium and specialty gases, serving high-growth sectors such as healthcare and aerospace, with a strong distribution network and long-term partnerships with helium producers [8][9] - Following the transaction, the strategic investor is expected to own 32.9% of the resulting issuer and will have the right to nominate directors and secure corporate naming rights [10][11] Group 4: Core Areas and Production Plans - The Steveville facility has been operational since December 2023, delivering high-purity helium to the aerospace and defense sectors, with plans to restart production within 12-15 weeks post-transaction [12][13] - The 40 Mile project has shown exceptional helium flow rates during testing, with multiple drilling targets identified [15][17] Group 5: Financial and Operational Plans - The net proceeds from the offering will be used to fund the transaction and recommission the Steveville facility [19] - The transaction will be funded through a combination of a secured term loan and equity offering, with completion subject to court approval and other customary conditions [27]

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. Test Results and Analysis The Jetstream # ...

Summary of ASP Isotopes (ASPI) Conference Call - July 17, 2025 Company Overview - **Company Name**: ASP Isotopes Inc. (ASPI) - **Industry**: Advanced materials, specifically isotope production for medical, semiconductor, and nuclear energy sectors - **Stock Exchange**: NASDAQ Key Points and Arguments Business Structure and Operations - ASP Isotopes operates three verticals: ASP Isotopes, PET Labs, and Quantum Leap Energy [3][4] - **ASP Isotopes**: Focuses on isotope production with three manufacturing facilities in South Africa, currently starting up [3] - **PET Labs**: Leading supplier of fluorinated PET isotopes in South Africa, generating approximately $4 million in annual revenue with a 7% gross margin [4] - **Quantum Leap Energy**: Focuses on nuclear fuels, specifically lithium-six and HALEU, with plans to spin out this segment by October 2025 [5] Acquisition and Financials - ASP Isotopes is acquiring ReneGen, a South African helium producer, which has secured $530 million in committed capital and access to low-cost energy [6][8] - The acquisition aims to create synergies between helium and isotope production, potentially lowering cash production costs by 94% [9] - ASP Isotopes targets over $300 million in EBITDA by 2030 post-spinout of Quantum Leap Energy [10] Market Dynamics - The global isotope production is heavily dominated by Russia, with a lack of domestic production in the U.S. [11] - Helium supply is fragile, with 80% sourced from three countries, leading to price volatility and shortages [12] - The company sees significant growth opportunities in medical isotopes, particularly for cancer treatment, and semiconductor applications [16][25] Technological Advancements - ASP Isotopes employs two main technologies: ASP process and quantum enrichment process, which are more cost-effective and modular compared to traditional methods [15] - The company is focusing on producing isotopes like Uterbium-176 and Zinc-68, which are critical for new oncology drugs and diagnostic markers [18][21] Future Plans and Challenges - Plans to construct additional plants for Gadolinium-160, Zinc-68, and Nickel-64 in South Africa, with quick build times of 2-3 months [43] - A larger ASP plant is planned for Iceland, with a focus on high return on capital projects [44] - The company has faced operational challenges during plant startups but has successfully overcome them [36][38] Government Relations and Funding - ASP Isotopes is in discussions with the U.S. Department of Energy (DOE) for potential funding and support, emphasizing the strategic importance of their operations [50][51] - The company is optimistic about the current U.S. administration's support for bringing their facilities to the U.S. [55] Competitive Landscape - ASP Isotopes does not currently view Hexium as a significant competitor, citing their lack of isotope production capabilities [70] - The company believes its quantum enrichment technology offers a competitive advantage over traditional methods [71] Additional Important Information - The company has a strong relationship with the South African government, facilitating operations and regulatory approvals [7] - ASP Isotopes has a robust balance sheet, with $56 million in cash and additional equity raised to fund high-return projects [46] - The company is exploring partnerships for uranium enrichment facilities in the U.S. and U.K. to expedite market entry [48] This summary encapsulates the key insights from the ASP Isotopes conference call, highlighting the company's strategic direction, market opportunities, and operational challenges.

Core Viewpoint - The approval of Arizona's application for primacy to oversee underground injection wells marks a significant milestone for the state's energy sector, allowing for direct regulation of these wells used in oil, gas, and helium production [2][4]. Group 1: Regulatory Developments - The U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin approved Arizona's application, empowering the state to regulate underground injection wells under the Safe Drinking Water Act [1][2]. - Desert Mountain Energy Corp. expressed gratitude to Administrator Zeldin and local congressmen for their support in achieving this regulatory milestone [4]. Group 2: Company Developments - Desert Mountain Energy is optimistic about the future of domestic energy and helium production in Arizona, emphasizing its commitment to sustainable resource development [5]. - The company recently closed the fourth tranche of its non-brokered private placement, raising an additional C$10,000, bringing the total raised to C$981,500 through the issuance of 3,926,000 Units [6][7]. Group 3: Company Profile - Desert Mountain Energy Corp. focuses on the exploration, development, and production of helium, hydrogen, natural gas, and condensate, aiming to supply critical elements for renewable energy and high technology industries [8].

Core Viewpoint - The proposed acquisition of Renergen by ASP Isotopes aims to create a global leader in the production of critical materials, particularly in electronic gases and isotopes, with significant synergies expected from 2026 [1][5][9]. Transaction Overview - The transaction is anticipated to be highly accretive to ASP Isotopes' earnings per share (EPS) by 2026, with a goal of generating over $300 million in EBITDA by 2030 [2][9]. - The acquisition has received support from over 35% of Renergen shareholders and is expected to close in Q3 2025 [3][18]. - The deal involves Renergen shareholders receiving 0.09196 new ASP Isotopes shares for each share held, with a total share consideration not exceeding 14,270,000 shares [16]. Financial Aspects - Renergen's Virginia Gas project, which has helium concentrations over 10 times the global average, has received $40 million in funding and is expected to benefit from an additional $750 million in debt funding [6]. - The combined group is projected to lower isotope enrichment costs by 96% compared to current cash costs [8]. - ASP Isotopes plans to secure $30 million in debt financing to support the acquisition and operations [21]. Strategic Importance - The combination is expected to create a vertically and horizontally integrated supply chain, enhancing the ability to service key markets such as medical, semiconductor, and energy industries [10][11]. - The acquisition aligns with U.S. interests in securing supplies of critical materials essential for future technologies like quantum computing [13][22]. Management and Operations - Renergen will operate as a subsidiary of ASP Isotopes, maintaining its current management team while receiving operational support from ASP Isotopes [17]. - The headquarters of the combined group will relocate to Austin, Texas, facilitating closer proximity to customers [12]. Market Position - The combined entity is positioned to capitalize on the growing demand for isotopes and helium, which are increasingly recognized as critical materials by Western governments [22][24]. - The deal represents a significant opportunity for ASP Isotopes to enhance its market presence and operational capabilities in the isotope and helium sectors [14][22].

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].