⌘K
t
Pulsar Helium Inc. issued 80,947 common shares to Oscillate PLC on February 9, 2026, as the fourth monthly tranche of US$80,000 for the acquisition of Quantum Hydrogen Inc., following previous tranches. On the same date, 134,109 share purchase warrants were exercised at C$0.57, generating C$76,442 for Pulsar. An application has been made for the admission of these 215,056 shares to AIM around February 13, 2026, after which the total common shares in issue with voting rights will be 170,951,522.
| Date | 10 Feb 2026 |
| Time | 07:00:06 |
| Category | Corporate updates |
| ID | 3174S |
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 |FEBRUARY 10, 2026 | CASCAIS, PORTUGAL
PULSAR HELIUM PROVIDES UPDATE ON TRANSACTION WITH OSCILLATE PLC, WARRANT EXERCISE 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, December 19, 2025, and January 21, 2026, 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.
On February 9, 2026, the Company issued an additional 80,947 Consideration Shares to Oscillate, satisfying the fourth monthly share option tranche of US$80,000 at a VWAP of C$1.3508.
Under the terms of the agreement with Oscillate, the Company will acquire 80% of the shares of Quantum upon issuing to Oscillate one additional monthly tranche of Consideration Shares to be valued at US$80,000 over the coming month. 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.
Warrant Exercise
In addition, the Company notes on February 9, 2026, 134,109 share purchase warrants ("Warrant Exercise Shares") - issued on January 10, 2025, pursuant to an advisory engagement, as announced on December 18, 2024 - were exercised at a price of CAD$0.57, and generated cash proceeds for the Company of C$76,442.
Admission to AIM and Total Voting Rights
Application is being made to the London Stock Exchange plc for the admission of the 80,947 Consideration Shares, and 134,109 Warrant Exercise Shares to be admitted to trading on AIM, which is expected to occur, and dealings commence at 8:00 a.m. on or around February 13, 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 170,951,522 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.