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Pulsar Helium Inc. announced on April 24, 2025, the issuance of 400,000 new common shares through the conversion of Performance Share Units. These shares were issued to employees Marc Farrington (200,000 shares) and Michael Sturdy (200,000 shares). An application for admission of these shares to trading on AIM is expected on or around April 29, 2025, after which Pulsar will have 134,092,971 total shares issued.
| Date | 24 Apr 2025 |
| Time | 18:00:00 |
| Category | Miscellaneous |
| ID | 1142G |
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 THE 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.
NEWS RELEASE | APRIL 24, 2025 | CASCAIS, PORTUGAL
PULSAR ANNOUNCES PSU SHARE ISSUANCE AND TOTAL VOTING RIGHTS
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), the helium project development company, announces the issuance of new common shares ("Shares") to certain employees pursuant to the conversion of Performance Share Units ("PSUs") under its Fixed Equity Incentive Plan (the "Equity Plan"), as approved by the TSX Venture Exchange on November 20, 2023.
The Shares issued to two employees of the Company are as follows:
Marc Farrington, public relations, 200,000 Shares pursuant to the conversion of PSUs, and Michael Sturdy, general manager of operations, 200,000 Shares pursuant to the conversion of PSUs.
Further details regarding Pulsar's Equity Plan are set out in the Company's Management Information Circular dated April 2, 2025, which is available on SEDAR+ at www.sedarplus.ca.
Admission and total voting rights
Application will be made to the London Stock Exchange for the admission of the 400,000 Shares to trading on AIM ("Admission"), which will rank pari passu with existing Shares. This is expected to occur at 8.00 a.m. (BST) on or around April 29, 2025.
Following Admission, Pulsar will have 134,092,971 Shares issued and there are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
On behalf Pulsar Helium Inc.
"Thomas Abraham-James"
President, CEO and Director
Further Information:
Pulsar Helium Inc.
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (United Kingdom)
https://ca.linkedin.com/company/pulsar-helium-inc.
Strand Hanson Limited
(Nominated & Financial Adviser, and Joint Broker)
Ritchie Balmer / Rob Patrick / Richard Johnson
+44 (0) 207 409 3494
OAK Securities*
(Joint Broker)
Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon Anadkat (Corporate Advisory)
+44 203 973 3678
BlytheRay Ltd
(Financial PR)
Megan Ray / Said Izagaren
+44 207 138 3204
*OAK Securities is the trading name of Merlin Partners LLP, a firm incorporated in the United Kingdom and regulated by the UK Financial Conduct Authority.
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange and the TSX Venture Exchange 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, USA, 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.