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Pulsar Helium Inc. issued 292,560 common shares to Oscillate PLC on December 18, 2025, and 145,434 common shares on January 20, 2026, satisfying three monthly share option tranches valued at US$80,000 each. Additionally, on January 20, 2026, 250,000 stock options were exercised at CAD$0.45, generating CAD$112,500. Application has been made for the admission of these 395,434 new common shares to AIM, with trading expected to commence around January 26, 2026, resulting in a total of 170,713,349 common shares in issue.
| Date | 21 Jan 2026 |
| Time | 07:00:08 |
| Category | Corporate updates |
| ID | 6804P |
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 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 |JANUARY 21, 2026 | CASCAIS, PORTUGAL
PULSAR HELIUM PROVIDES UPDATE ON TRANSACTION WITH OSCILLATE PLC AND TVR
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium company, provides an update following its announcements on November 4, 2025, and December 19, 2025, regarding its option to acquire up to 100% of the shares of Quantum Hydrogen Inc. ("Quantum"), a 100% owned subsidiary of Oscillate PLC ("Oscillate"), in an all-share transaction (the "Transaction").
On December 18, 2025, the Company issued a total of 292,560 common shares (the "Consideration Shares") to Oscillate, satisfying the first and second monthly share option tranches valued at US$80,000 each, at a VWAP of C$0.7797 for tranche one and C$0.7543 for tranche two.
On January 20, 2026, the Company issued an additional 145,434 Consideration Shares to Oscillate, satisfying the third monthly share option tranche of US$80,000 at a VWAP of C$0.7556. Under the terms of the agreement with Oscillate, the Company will acquire 80% of the shares of Quantum upon issuing to Oscillate two additional monthly tranches of Consideration Shares to be valued at US$80,000 each over the coming months. The Company also has the option until May 3, 2027, to acquire the remaining 20% of the shares of Quantum from Oscillate in exchange for US$400,000 of Consideration Shares to be issued in 5 instalments of US$80,000 of Consideration Shares each after the Company has provided notice to Oscillate that it wishes to exercise such option.
The Consideration Shares issued in connection with the Transaction are subject to a four-month-and-one-day hold period from the date of issuance.
In addition, the Company notes that on January 20, 2026, 250,000 stock options (the "Stock Option Shares"), issued pursuant to the Company's shareholder and TSX Venture Exchange approved Stock Option Plan, were exercised at an exercise price of CAD$0.45, and generated cash proceeds for the Company of CAD$112,500.00.
Admission to AIM and Total Voting Rights
Application is being made to the London Stock Exchange plc for the admission of the 145,434 Consideration Shares issued pursuant to abovementioned agreement, and 250,000 Stock Options Shares issued pursuant to abovementioned stock option exercise to be admitted to trading on AIM, which is expected to occur, and dealings commence at 8:00 a.m. on or around January 26, 2026. The new Common Shares will rank pari passu with the Company's existing Common Shares.
On Admission, the total number of Common Shares in issue will be 170,713,349 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.
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 Broker)
Ritchie Balmer / Rob Patrick / Richard Johnson
+44 (0) 207 409 3494
Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of the London Stock Exchange and listed on 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.