Pulse Seismic Inc. Reports Q2 2026 Financial Results and Declares Regular Quarterly Dividend

About this update from Pulse Seismic Inc.

CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) ("Pulse" or the "Company") is pleased to report its financial and operating results for the three and six months ended June 30, 2026. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse's website at www.pulseseismic.com. Today, Pulse's Board of Directors declared a regular quarterly dividend of $0.01875 per common share. The total of the dividend will be approximately $951,000 based on Pulse's 50,714,857 common shares outstanding as of July 28, 2026, to be paid on August 25, 2026, to shareholders of record on August 11, 2026. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Pulse's dividends are subject to Canadian withholding tax. "The moderate pace of data licensing in early 2026 follows a year of significant data deployment and reflects the natural variability in our market," stated Neal Coleman, Pulse's President and CEO. "Our extensive library of licensable seismic data continues to serve as a cornerstone for our clients' exploration and development strategies. The timing and volume of new licensing naturally reflects broader energy sector activity and investment cycles. Pulse remains focused on disciplined capital returns, including our quarterly dividend, complemented by strategic special dividends as determined by our Board," concluded Coleman. HIGHLIGHTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 OUTLOOK Pulse's business and financial outlook is impacted by many factors which have been historically volatile. Specific relevant industry trends include land sales in Western Canada, drilling forecasts, commodity price levels, M&A forecasts and status of infrastructure improvements. While these indicators provide some insight, ultimately there are other significant factors that contribute to overall risk and uncertainty. These include ongoing federal energy and environmental policy constraints, infrastructure constraints, global geopolitical tensions, U.S.-Canada trade policy, and the current instability in the Middle East. The Company faces inherent uncertainty in seismic data library sales visibility. However, Pulse is well-positioned to navigate varying mark...

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