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Pulsar Helium Announces Definitive Agreement to Acquire Major Minnesota Land Position to the West of Topaz Project
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":"Pulsar Helium Announces Definitive Agreement to Acquire Major Minnesota Land Position to the West of Topaz Project\n\n\n\n\n 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.\n \n\n\n CASCAIS, Portugal, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“\n \n Pulsar\n \n ” or the “\n \n Company\n \n ”), a leading helium project development company, is pleased to announce that it has signed a definitive agreement (the “\n \n Agreement\n \n ”) with Oscillate plc (\n \n “Oscillate\n \n ”) to supersede the non-binding term sheet announced on September 2, 2025, to acquire up to 100% of Oscillate’s wholly owned subsidiary, Quantum Hydrogen Inc. (“\n \n Quantum\n \n ”) in an all-share transaction (the “\n \n Transaction\n \n ”).\n \n\n\n Terms of the Agreement\n \n\n\n Under the Agreement, Pulsar is to acquire 80% of the issued share capital of Quantum (the “\n \n Quantum Shares\n \n ”) from Oscillate in consideration of the issuance of new Pulsar common shares (the “\n \n Consideration Shares\n \n ” and each common share of Pulsar, a “\n \n Pulsar Share\n \n ”) having an aggregate value of US$400,000, and to be issued in five equal monthly tranches of US$80,000 each over a five-month period commencing upon receipt of TSX Venture Exchange (“\n \n TSXV\n \n ”) approval to the Transaction. The number of Consideration Shares in each tranche will be determined by the thirty-day volume-weighted average price (“\n \n VWAP\n \n ”) of Pulsar’s Shares on the TSXV prior to each issuance (subject to the minimum price allowable by the TSXV). Pulsar has also been granted the option to acquire the remaining 20% of the Quantum Shares from Oscillate within eighteen months for an additional US$400,000 in Pulsar Shares, issuable under...