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Pulsar Helium Announces Proposed Acquisition of Michigan Helium Exploration Assets
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 Michigan Helium Exploration Assets\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, Oct. 27, 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 100% of Hybrid Hydrogen Inc. (“Hybrid”) in an all-share transaction (the “Proposed Transaction”). Hybrid’s primary asset is a lease agreement covering approximately 6,742 acres of mineral rights in Michigan’s Upper Peninsula targeting non-hydrocarbon gases. This strategic acquisition marks Pulsar’s first entry into Michigan, a jurisdiction with a well-established gas regulatory framework now being applied to helium exploration, and forms part of the Company’s broader initiative to expand its Upper Midwest footprint.\n \n\n\n Highlights of the Proposed Transaction\n \n\n\n\n\n Helium-Focused Land Package:\n \n Hybrid holds exclusive mineral rights for non-hydrocarbon gases in Michigan’s Upper Peninsula (~6,742 acres). These rights provide Pulsar a foothold in a geologically prospective new region for helium exploration.\n \n\n\n All-Share, Cash-Preserving Deal:\n \n The Proposed Transaction is structured as an all-share deal with a total value of US$80,000 payable in Pulsar common shares. This preserves cash for ongoing work at the flagship Topaz project in Minnesota while enabling strategic expansion.\n \n\n\n Alignment with Growth Strategy:\n \n Expansion into Michigan aligns with Pulsar’s strategy of leveraging Topaz expertise into geologically similar regions.\n \n\n\n\n\n Thomas Abraham-James, President & CEO of Pulsar, commented:\n \n\n\n “\n \n This Proposed Transaction pr...