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Pulsar Files Financial and Operating Results for the Second Quarter Ended March 31, 2026

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBL...

articlePulsar Helium, Inc.June 2, 20263/news/pulsar-files-financial-and-operating-results-for-the-second-quarter-ended-march-31-2026
Pulsar Files Financial and Operating Results for the Second Quarter Ended March 31, 2026

About this update from Pulsar Helium, Inc.

Pulsar Files Financial and Operating Results for the Second Quarter Ended March 31, 2026 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. CASCAIS, Portugal, June 02, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium company, is pleased to announce its financial and operating results for the six months ended March 31, 2026 (the “Period”). Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements and related management's discussion and analysis (the "MD&A") for the six months ended March 31, 2026, which are available on the Company's website at www.pulsarhelium.com and the Company’s SEDAR+ profile at www.sedarplus.ca. All figures are in US dollars ("$") unless otherwise stated. Operational Highlights for the Period Between October 2025 to March 2026, the Company drilled five core-hole wells at its flagship Topaz Project in Minnesota, with all wells encountering gas under high pressure. The Company is now obtaining quotes for the drilling of up to four new production wells to supplement the two production-ready wells already drilled.In May 2026, Governor Tim Walz signed into law new legislation establishing a helium-specific framework for gas resource development in northeastern Minnesota, and the Minnesota Department of Natural Resources issued proposed expedited permanent rules for permitting gas resource development on May 18, 2026. These developments come amid a sharp tightening of global helium supply, driven by disruption to the Strait of Hormuz, attacks on QatarEnergy's Ras Laffan facilities (noting that Qatar supplies approximately 35% of the world's helium), and new Russian export controls in place through the end of 2027. In the United States, some helium customers have already been subject to allocation measures ...

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