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Pulsar Helium Issues New Shares Following Stock Option Exercise

Story Highlights
  • Pulsar Helium raised CAD$45,000 through the exercise of 100,000 stock options.
  • The company’s total voting share capital will increase to 167,844,915 shares on AIM admission.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pulsar Helium Issues New Shares Following Stock Option Exercise

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

Pulsar Helium Inc. announced that 100,000 stock options have been exercised at an exercise price of CAD$0.45, providing the company with CAD$45,000 in cash proceeds and leading to the issuance of an equivalent number of new common shares. These new shares are expected to be admitted to trading on AIM around December 31, 2025, and will rank pari passu with existing stock, bringing Pulsar’s total voting share capital to 167,844,915 shares, a new reference point for shareholders monitoring their notifiable interest thresholds under the company’s articles.

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. Its portfolio includes the flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland, where it is a first mover in identifying primary helium occurrences not associated with hydrocarbon production.

See more insights into PLSR stock on TipRanks’ Stock Analysis page.

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