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Pulsar Helium Announces Proposed Acquisition of 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 Proposed Acquisition of 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, Sept. 02, 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 non-binding term sheet to acquire up to 100% of Quantum Hydrogen Inc. (“\n \n Quantum\n \n ”) in an all-share transaction (the “\n \n Proposed\n \n\n Transaction\n \n ”).\n \n\n\n Highlights of the Proposed Transaction\n \n\n\n\n Quantum holds\n \n exclusive mineral rights for non-hydrocarbon gases in Minnesota (59,100 gross acres)\n \n that are located in St Louis and Itasca Counties (the “\n \n Assets\n \n ”), to the west of Pulsar’s flagship Topaz project.\n \n\n\n Circa 1,000% increase to Pulsar’s gross acreage\n \n in Minnesota, on completion of the Proposed Transaction.\n \n\n Proximal and prospective for helium and hydrogen,\n \n with geological traits analogous to the Topaz project,\n \n where recent testing at the Jetstream #1 appraisel well confirmed strong reservoir productivity, expected to support future production.\n \n\n The newly acquired acreage provides an opportunity to apply Pulsar’s extensive subsurface knowledge in a conventional gas reservoir.\n \n\n\n\n Pulsar remains focused on achieving its core objective of becoming a major helium producer at Topaz, with this additional acreage being a low-cost, long-term addition intended for future exploration activities.\n \n\n\n\n\n Thomas Abraham-James, President & CEO of Pulsar, commented:\n \n\n\n “\n \n The Proposed Transaction is a fortuitous opportunity to obtain additional non-hydrocarbon gas leases in Minnesota, complement...