05:23:19 EDT Tue 22 Oct 2024
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or Name
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Pulsar Helium Inc
Symbol PLSR
Shares Issued 74,140,288
Close 2024-10-01 C$ 0.52
Market Cap C$ 38,552,950
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Pulsar Helium hires three firms to aid in AIM listing

2024-10-01 19:20 ET - News Release

Mr. Thomas Abraham-James reports

PULSAR HELIUM ANNOUNCES INVESTOR AWARENESS AGREEMENTS

Pulsar Helium Inc. has entered into agreements with FlowComms Ltd., BlytheRay and Fundamental Research Corp. in connection with its continuing application for the admission to trading of the company's common shares on the Alternative Investment Market.

Established in 2015, FlowComms, based in London, United Kingdom, is a specialist corporate service provider focused on delivering social media, digital content creation and market engagement services primarily for small-capitalization listed companies. The company has engaged FlowComms for an initial period of three months, after which time the term shall review automatically on a rolling basis. The agreement is to terminate at the end of the initial term or on either party serving notice to terminate of at least three calendar months. FlowComms's monthly fee of 2,430 pounds sterling is to be paid in cash, invoiced upon a quarterly basis in advance. This fee covers up to 20 man-hours per month, with additional hours to be charged at a rate of 125 pounds sterling per hour. FlowComms will provide digital engagement services to the company that includes maintaining and operating digital tools and social media communications; creating regular original and organic media content about the company; and building a wide-reaching profile across various investor ecosystems. It will also provide market engagement services, including integrating social media data into a broader communications strategy; designing and disseminating communication flows, video clips, events and conference call marketing to drive investor engagement; working with the company to engage and collaborate with key investor and social media influencers; and providing input to corporate development work streams, including presentation materials and service providers. FlowComms advises the company that it does not currently hold any common shares in the company. As such, FlowComms and the company are unrelated and unaffiliated entities.

The company has engaged BlytheRay, based in London, U.K., to carry out public relations services and activities for a monthly fee of 2,550 pounds sterling prior to admission on AIM and a revised monthly fee of 3,500 pounds sterling postadmission on AIM, which the company will pay from cash on hand. Such services and activities include advising the company on all aspects of its communications with the investment community and the media; co-advising on the form and content of announcements and press releases; releasing announcements required by the AIM rules for companies to a regulatory information service on behalf of the company; managing the company's social media; and arranging meetings between the company and analysts, journalists, and existing and potential investors. The company's agreement with BlytheRay can be terminated by either party giving three months notice in writing. BlytheRay has advised the company that it does not currently hold any common shares in the company. As such, BlytheRay and the company are unrelated and unaffiliated entities.

Headquartered in Vancouver, B.C., Fundamental Research provides fee-based coverage to publicly traded companies. The company has engaged Fundamental Research to produce one initiating coverage report and up to three update reports over a 12-month period. The research reports are to include a full financial analysis and an analysis of the company's industry and operations. The fee for the preparation of the research reports is $30,000, which the company has paid from cash on hand upon execution of its agreement with Fundamental Research. Fundamental Research has advised the company that it does not currently hold any common shares in the company. As such, Fundamental Research and the company are unrelated and unaffiliated entities.

The agreements with FlowComms and BlytheRay are subject to the approval of the TSX Venture Exchange.

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, that 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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