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Pulsar Helium, Inc. ( (TSE:PLSR) ) has provided an update.
Pulsar Helium Inc. has entered into a definitive agreement to acquire up to 100% of Quantum Hydrogen Inc., a subsidiary of Oscillate plc, in an all-share transaction valued at US$400,000. This acquisition significantly expands Pulsar’s land holdings in Minnesota, increasing its gross acreage by approximately 1,000% and providing access to mineral rights for non-hydrocarbon gases. The strategic move allows Pulsar to leverage its technical expertise from the Topaz project, enhancing its exploration portfolio and positioning the company for future helium production. The acquisition aligns with Pulsar’s objective to become a major helium producer while offering low-cost, long-term exploration opportunities.
More about Pulsar Helium, Inc.
Pulsar Helium Inc. is a publicly traded company focused on helium project development, with its flagship projects located in Minnesota, USA, and Greenland. The company is recognized for being a first mover in these regions, identifying primary helium occurrences not linked to hydrocarbon production.
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