04:11:46 EDT Fri 04 Jul 2025
Enter Symbol
or Name
USA
CA



Pulsar Helium Inc
Symbol PLSR
Shares Issued 132,567,977
Close 2025-02-05 C$ 0.73
Market Cap C$ 96,774,623
Recent Sedar Documents

Pulsar appoints Hovde as financing co-placement agent

2025-02-06 08:52 ET - News Release

Mr. Thomas Abraham-James reports

PULSAR HELIUM ANNOUNCES APPOINTMENT OF HOVDE GROUP AS CO-PLACEMENT AGENT FOR SECOND TRANCHE OF PRIVATE PLACEMENT

Further to its news releases dated Dec. 30, 2024, and Jan. 10, 2025, in respect of its brokered private placement, Pulsar Helium Inc. has entered into an agreement (the joinder agreement) with Hovde Group LLC, pursuant to which Hovde Group has been appointed as a co-placement agent with University Bank for the second tranche of the private placement to raise up to $5.5-million (U.S.).

Net proceeds raised from the second tranche of the private placement will increase the company's working capital and this will enable the company to accelerate its strategic plan for the exploration and development at Pulsar's Topaz project in Minnesota and to reach a final investment decision (FID) for the construction of a combined helium and CO2 (carbon dioxide) production facility.

The private placement is subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. The securities being issued pursuant to the private placement will be subject to a four-month hold period in accordance with applicable Canadian securities law.

About Pulsar Helium Inc.

Pulsar Helium is a publicly traded company listed on the AIM (Alternative Investment Market) of the London Stock Exchange and the TSX-V with the ticker PLSR as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, United States 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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