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Pulsar Helium, Inc. ( (TSE:PLSR) ) has provided an update.
Pulsar Helium Inc. has filed a preliminary short form base shelf prospectus in Canada, allowing the company to offer and issue securities up to $50 million over 25 months. This move provides Pulsar with the flexibility to raise capital as needed, though there are currently no plans to do so. The prospectus may also enable ‘at-the-market’ distributions, enhancing the company’s ability to access existing trading markets. This strategic filing could strengthen Pulsar’s financial positioning and support its ongoing helium exploration and development initiatives.
More about Pulsar Helium, Inc.
Pulsar Helium Inc. is a publicly traded company involved in helium exploration and development, listed on the AIM market of the London Stock Exchange, TSX Venture Exchange, and OTCQB. The company focuses on its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland, marking its position as a first mover in these regions with primary helium occurrences not linked to hydrocarbon production.
See more insights into PLSR stock on TipRanks’ Stock Analysis page.