Mr. Thomas Abraham-James reports

PULSAR PROVIDES AN UPDATE FOR OPERATIONAL ACTIVITIES CURRENTLY UNDERWAY AT THE TOPAZ AND TUNU HELIUM PROJECTS

Pulsar Helium Inc. has provided an operational update for its Topaz project in Minnesota and its Tunu project in Greenland. At Topaz, acquisition of a 20.4-kilometre-long (12.7-mile-long) 2-D seismic line has commenced, and, at Tunu, the passive seismic survey is under way.

Topaz

Data acquisition for the 20.4-kilometre (12.7-mile) 2-D seismic survey began on Aug. 8, 2024, at the Topaz project in Minnesota, United States. The 2-D seismic line was commissioned after a successful seismic sweep survey (refer to Pulsar's news release dated July 9, 2024) that identified a seismic reflector at a depth coincident with the helium-bearing zone encountered in Jetstream No. 1 and as a result demonstrating that this method is an efficient exploration tool. The 2-D seismic survey acquisition is expected to complete mid-August, which will then undergo processing and interpretation.

The 2-D seismic line is expected to provide high-resolution structural data and will be used to complement and update the current subsurface 3-D model. The survey utilizes existing road access, in a nominal east-west orientation, and passes within 460 metres (1,509 feet) to the south of the Jetstream No. 1 appraisal well. The combination of these data with the existing data set will be used to assist the placement of stepout appraisal wells from Jetstream No. 1.

The updated Topaz resource estimation being conducted by Sproule International Ltd. is near completion and anticipated to be received in August.

Tunu

Field activities are under way for the 2024 field season at the Tunu project in Greenland. The first array of passive seismic survey nodes was deployed on Aug. 6, 2024, at the Kap Tobin prospect in the south of the licence area. A total of three passive seismic arrays are planned and anticipated to be completed in September and then sent for processing and interpretation. The passive seismic survey will provide the first subsurface data set for the Tunu project.

Migratory primary helium (not associated with hydrocarbons) was identified by the company at Kap Tobin, in addition to a potential geothermal heat source. There are multiple untested hot springs within the project area that provide a favourable sample medium for gases from depth, emanating at surface.

Passive seismic, formally referred to as ambient noise tomography, is a cost-effective and non-invasive geophysical method employing background seismic noise, generated by human activities or natural sources, to generate 3-D maps of subsurface structures. Through analyzing the variations in ambient noise propagation, geoscientists can measure details about the 3-D velocity variation and properties of geological bodies.

About Pulsar Helium Inc.

Pulsar Helium is a publicly traded company listed on the TSX Venture Exchange with the ticker PLSR and on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, United States, which has been drilled and flowed up to 14.5 per cent helium, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations, with primary helium occurrences not associated with the production of hydrocarbons identified at each.

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