Mr. Thomas Abraham-James reports

PULSAR HELIUM ANNOUNCES RESULT OF FUNDRAISE AND TVR

Further to its announcement on Feb. 19, 2026, regarding the placing, conducted by way of accelerated bookbuild, Pulsar Helium Inc. has raised gross proceeds of approximately 7.4 million British pounds (approximately $10-million (U.S.)/$13.7-million (Canadian)) through the issue of 9,191,175 placing shares at the issue price of 80 pence (approximately $1.47 (Canadian)) per common share.

Oak Securities (a trading name of Merlin Partners LLP) acted as the company's exclusive bookrunner and placement agent in connection with the placing.

Thomas Abraham-James, president and chief executive officer of Pulsar, commented: "We're very pleased to have successfully completed this fundraising and to welcome our new shareholders and institutional investors to Pulsar Helium. We chose to conduct the raise in the U.K. through an accelerated bookbuild managed by Oak Securities and we believe the level of support is a strong endorsement of both our team and the quality of our assets. The proceeds will enable us to accelerate development at our Topaz Project in the USA targeting helium, helium-3 and CO2 [carbon dioxide] while also commencing initial survey work at our Falcon project in Michigan."

Closing, admission to AIM (Alternative Investment Market) and total voting rights

Application has been made to the London Stock Exchange for the admission to trading on AIM of the 9,191,175 placing shares, which is expected to occur and dealings commence at 8 a.m. on or around Feb. 27, 2026. The placing shares, when issued and fully paid, will rank pari passu in all respects with the existing common shares.

On admission, the total number of common shares in issue will be 180,142,697 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the company's issued share capital pursuant to the company's articles.

Closing of the placing is expected by Feb. 27, 2026, and remains subject to final approval of the TSX Venture Exchange.

Use of proceeds

Net proceeds received pursuant to the placing will be used to advance Pulsar's flagship Topaz helium project in Minnesota, United States, to progress the Falcon project in Michigan and for general working capital purposes. At Topaz, the company intends to undertake extended well testing and reservoir evaluation, conduct an additional seismic survey to enhance structural interpretation and reservoir modelling, consolidate and expand its mineral and leasehold interests, update the independent resource estimate, and complete a prefeasibility study for integrated helium and CO2 production. The company also intends to place deposits on certain long-lead processing equipment for the contemplated helium recovery and CO2 capture facility. In addition, a portion of the proceeds is expected to support geophysical, geochemical and related exploration activities at the Falcon project.

Additional information

The placing is being conducted pursuant to Pulsar's Canadian base shelf prospectus dated Feb. 11, 2026, as supplemented by the company's prospectus supplement dated Feb. 19, 2026, relating to the placing, copies of which are available on the company's profile on SEDAR+. As the prospectus supplement and the base shelf prospectus qualify the distribution of the placing shares sold pursuant to the placing, the placing shares will not be subject to any resale restrictions in Canada. Such documents are not prospectuses for the purposes of the Financial Conduct Authority's Prospectus Rules: Admission to Trading on a Regulated Market source book.

Access to the prospectus supplement and the base shelf prospectus is provided in accordance with Canadian securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment thereto. The prospectus supplement and the base shelf prospectus are accessible on SEDAR+.

An electronic or paper copy of the prospectus supplement, the corresponding base shelf prospectus and any amendment thereto may be obtained, without charge, from the company at connect@pulsarhelium.com by providing the contact with an e-mail address or mailing address, as applicable.

About Pulsar Helium Inc.

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