Pulsar Helium Chair Boosts Stake as Option Exercise Lifts Share Capital

The latest update is out from Pulsar Helium, Inc. ( (TSE:PLSR) ).

Pulsar Helium Inc. has received CAD$718,677 in proceeds from the exercise of 1,597,061 stock options by Cambrian Limited, a company controlled by Executive Chair Neil Herbert, at an exercise price of CAD$0.45 per share. After this option exercise and the sale of an aggregate 804,800 shares by NH Family Office Limited, Herbert’s beneficial holding has increased to 13,699,159 shares, or 7.42% of Pulsar’s enlarged share capital.

The company is applying for admission of the 1,597,061 new shares to trading on London’s AIM, where they will rank pari passu with existing stock, taking Pulsar’s total issued share count to 184,524,719 with no treasury shares. The updated share capital provides the new denominator for investors’ disclosure calculations under regulatory transparency rules, clarifying voting rights and ownership thresholds for shareholders.

More about Pulsar Helium, Inc.

Pulsar Helium Inc. is a publicly traded primary helium exploration company listed on AIM in London, the TSX Venture Exchange in Canada and the OTCQB in the U.S. Its portfolio includes the flagship Topaz helium project in Minnesota, the Falcon project in Michigan and the Tunu project in Greenland, where it is a first mover in identifying primary helium occurrences not linked to hydrocarbon production.

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