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Pulsar Helium Increases Share Capital Following Warrant Exercise

Story Highlights
  • Pulsar Helium received CAD$36,000 from the exercise of 100,000 share purchase warrants.
  • Admission of 100,000 new shares to AIM will raise Pulsar’s voting share count to 169,309,215.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pulsar Helium Increases Share Capital Following Warrant Exercise

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Pulsar Helium, Inc. ( (TSE:PLSR) ) has issued an update.

Pulsar Helium Inc. has announced that 100,000 share purchase warrants issued under a January 2024 offering have been fully exercised at CAD$0.36, providing the company with gross proceeds of CAD$36,000. The 100,000 new common shares arising from the warrant exercise are expected to be admitted to trading on AIM around 16 January 2026, will rank pari passu with existing shares, and will increase Pulsar’s issued share capital to 169,309,215 common shares with voting rights, a new reference point for shareholders’ disclosure threshold calculations.

More about Pulsar Helium, Inc.

Pulsar Helium Inc. is a publicly traded helium exploration and development company listed on AIM in London, the TSX Venture Exchange and the OTCQB, with a portfolio centered on its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. The company is a first mover in both jurisdictions, targeting primary helium occurrences that are not associated with hydrocarbon production, positioning it within a niche segment of the critical gases and energy-transition materials market.

For detailed information about PLSR stock, go to TipRanks’ Stock Analysis page.

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