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NEWS RELEASE | December 4, 2024 |
CASCAIS, PORTUGAL
Pulsar CEO Live Review of
'Box Set' Outreach Initiative Plus Q&A With 'Investor Meet
Company'
Pulsar Helium Inc. (AIM: PLSR, TSXV:
PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), the helium project
development company, is pleased to announce that Thomas
Abraham-James, CEO, will provide a live review of Pulsar's new
outreach initiative: 'The Box Set', Series 1 - The Frontier Of
Discovery, with 'Investor Meet Company' on 9 December 2024, 1pm
GMT.
Join Pulsar's Co-Founder and
President, Thomas Abraham-James, as he highlights key moments from
Series 1. Discover what sets Pulsar apart in the industry, why
helium is vital to modern technology, and how the Company is
positioned to lead in this growing market. Gain insights into
Pulsar's journey, upcoming milestones, and the exciting
opportunities that lie ahead.
The presentation is open to all
existing and potential shareholders. Questions can be submitted
pre-event via your Investor Meet Company dashboard up until 8
December 2024, 09:00 GMT, or at any time during the live
presentation.
Investors can sign up to Investor
Meet Company for free and add to meet PULSAR HELIUM INC
via:
https://www.investormeetcompany.com/pulsar-helium-inc-1/register-investor
Investors who already follow Pulsar
on the Investor Meet Company platform will automatically be
invited.
PULSAR HIGHLIGHTS
•
Primary Helium Discovery: Pulsar is at the forefront of primary
helium project discovery and development, with its flagship Topaz
project in Minnesota ("Topaz") flowing concentrations that are
considered very high by global standards, significantly surpassing
the commonly accepted economic viability threshold. Topaz also has
a potential value-add product in the form of CO₂, with drilling
demonstrating high content.
•
Upcoming Drilling Programme: Pulsar is on track to accelerate
its development plans at Topaz by deepening the Jetstream #1 well
in Q4 2024. Pulsar has recently completed upgrades to site access,
roadways, and drill pad setup
•
Significant Upside Potential: The Company has only drilled
one well to date at Topaz, not yet reaching total depth. The
deepening of the Jetstream #1 well is poised to identify further
high-grade helium, and projected to increase flow pressures and
rates significantly.
•
Green Helium Focus: Pulsar prioritises sustainable extraction
practices, producing helium without the association of hydrocarbons
or water.
•
Technology Driven Demand: Helium is a critical and scarce resource
used in semiconductor manufacturing, high-quality fibre-optic cable
production, and MRI imaging. Its unique properties also improve
data storage efficiency and mean helium is used by the growing
space industry. With increasing demand and significant supply
constraints, developing new helium sources is crucial for advancing
technology.
•
Strong Management Team: The management team combines decades
of helium industry experience, leading strategic initiatives and
enhancing operational effectiveness.
•
Supportive Jurisdictions: With its projects in USA and
Greenland, Pulsar benefits from supportive local legislation and a
community-focused approach, significantly de-risking its
projects.
On behalf Pulsar Helium
Inc.
"Thomas Abraham-James"
President, CEO and
Director
Further Information:
Pulsar Helium Inc.
connect@pulsarhelium.com
+ 1 (604) 599-0310
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)
info@OAK-securities.com
+44 203 973 3678
BlytheRay Ltd
(Financial PR)
Megan Ray / Said Izagaren
+44 207 138 3204
pulsarhelium@blytheray.com
*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.
For further information
visit:
https://pulsarhelium.com
X https://x.com/pulsarhelium
LinkedIn https://ca.linkedin.com/company/pulsar-helium-inc
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.
Forward-Looking Statements
This news release and the interview
contains forward-looking information within the meaning of Canadian
securities legislation (collectively, "forward-looking statements")
that relate to the Company's current expectations and views of
future events. Any statements that express, or involve discussions
as to, expectations, beliefs, plans, objectives, assumptions or
future events or performance (often, but not always, through the
use of words or phrases such as "will likely result", "are expected
to", "expects", "will continue", "is anticipated", "anticipates",
"believes", "estimated", "intends", "plans", "forecast",
"projection", "strategy", "objective" and "outlook") are not
historical facts and may be forward-looking statements.
Forward-looking statements herein include, but are not limited to,
statements relating to the independent resource estimate for helium
and CO2 at Topaz; the potential of CO2 as a valuable by-product of
the Company's future helium production; the estimated Geological
Chance of Success for the Prospective Resources and the Chance of
Commerciality of Topaz; the potential for deepening Jetstream #1
and the potential impact of such deepening on the next iteration of
the resource estimate; the potential of the Topaz and Tunu
projects; and the intended use of proceeds from the AIM IPO; the
expected timing to commence drilling; and the potential for future
wells. Forward-looking statements may involve estimates and are
based upon assumptions made by management of the Company,
including, but not limited to, the Company's capital cost
estimates, management's expectations regarding the availability of
capital to fund the Company's future capital and operating
requirements and the ability to obtain all requisite regulatory
approvals.
No reserves have been assigned in
connection with the Company's property interests to date, given
their early stage of development. The future value of the Company
is therefore dependent on the success or otherwise of its
activities, which are principally directed toward the future
exploration, appraisal and development of its assets, and potential
acquisition of property interests in the future. Un-risked
Contingent and Prospective Helium Volumes have been defined at the
Topaz Project. However, estimating helium volumes is subject to
significant uncertainties associated with technical data and the
interpretation of that data, future commodity prices, and
development and operating costs. There can be no guarantee that the
Company will successfully convert its helium volume to reserves and
produce that estimated volume. Estimates may alter significantly or
become more uncertain when new information becomes available due to
for example, additional drilling or production tests over the life
of field. As estimates change, development and production plans may
also vary. Downward revision of helium volume estimates may
adversely affect the Company's operational or financial
performance.
Helium volume estimates are
expressions of judgement based on knowledge, experience and
industry practice. These estimates are imprecise and depend to some
extent on interpretations, which may ultimately prove to be
inaccurate and require adjustment or, even if valid when originally
calculated, may alter significantly when new information or
techniques become available. As further information becomes
available through additional drilling and analysis the estimates
are likely to change. Any adjustments to volume could affect the
Company's exploration and development plans which may, in turn,
affect the Company's performance. The process of estimating helium
resources is complex and requires significant decisions and
assumptions to be made in evaluating the reliability of available
geological, geophysical, engineering, and economic date for each
property. Different engineers may make different estimates of
resources, cash flows, or other variables based on the same
available data.
Forward-looking statements are
subject to a number of risks and uncertainties, many of which are
beyond the Company's control, which could cause actual results and
events to differ materially from those that are disclosed in or
implied by such forward- looking statements. Such risks and
uncertainties include, but are not limited to, that Pulsar may be
unsuccessful in drilling commercially productive wells; the
uncertainty of resource estimation; operational risks in conducting
exploration, including that drill costs may be higher than
estimates and the potential for delays in the commencement of
drilling; commodity prices; health, safety and environmental
factors; and other factors set forth above as well as under
"Cautionary Note Regarding Forward Looking Statements and Market
and Industry Data" and "Risk Factors" in the Final Prospectus dated
July 31, 2023 filed on the Company's profile on www.sedarplus.ca.
Forward-looking statements contained in this news release are as of
the date of this news release, and the Company undertakes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as may be required by law. New factors emerge from time to
time, and it is not possible for the Company to predict all of them
or assess the impact of each such factor or the extent to which any
factor, or combination of factors, may cause results to differ
materially from those contained in any forward-looking statement.
No assurance can be given that the forward-looking statements
herein will prove to be correct and, accordingly, investors should
not place undue reliance on forward-looking statements. Any
forward-looking statements contained in this news release and
interview are expressly qualified in their entirety by this
cautionary statement.