Pulsar Helium Issues New Shares, Confirms Unchanged Chairman Stake

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

Pulsar Helium Inc. has issued 2,066,000 new common shares through the conversion of performance share units to two directors and a senior employee, alongside the exercise of 152,939 stock options by Cambrian Limited, generating cash proceeds of CAD 68,822. The company has also reported internal transfers and disposals of shares controlled by Executive Chairman Neil Herbert that leave his overall beneficial interest unchanged, and following admission of the new shares to AIM its total issued share capital will rise to 182,927,658 shares, refining the equity base and updating free float and voting right calculations for investors.

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 primary helium occurrences unrelated to hydrocarbons.

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