Business
First Day of Dealings on AIM and Completion of Fundraise
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBL...
About this update from Pulsar Helium, Inc.
[{"type":"text","content":"First Day of Dealings on AIM and Completion of FundraiseTHIS 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 UNITED STATES OF AMERICA, 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. CASCAIS, PORTUGAL / ACCESSWIRE / October 18, 2204 / Pulsar Helium Inc. (AIM:PLSR)(TSXV:PLSR)(OTCQB:PSRHF) (\"Pulsar\" or the \"Company\"), the helium project development company, is pleased to announce that its common shares will commence trading today, 18 October 2024, on the AIM market of the London Stock Exchange plc (\"AIM\") (the \"Admission\").The Admission follows the successful completion of the fundraising of £3.875 million (C$7 million) (before expenses) (the \"Fundraising\"), as announced on 15 October 2024. Total gross funds raised by the Company pursuant to the Fundraising and the £1.125 million pre-IPO cornerstone investment as first announced on 21 August 2024, therefore amount to £5 million.Dealings in Pulsar's common shares of no par value (\"Common Shares\") on AIM will commence at 08:00 a.m. today under the TIDM \"PLSR\" and ISIN code CA7459321039.The Company's Common Shares will continue to be listed and traded on the TSX Venture Exchange (\"TSX-V\") in Canada and the OTCQB Venture Market in the United States.PULSAR HIGHLIGHTSPrimary 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.Significant Upside Potential: The Company has only drilled one well to date at Topaz, with ongoing exploration poised to unveil the project's considerable size and scale, further enhancing its resource base.Near-Term Drilling and Timeline to Production: The Fundraising enables Pulsar to accelerate its develo...