Pulsar Helium Launches $7.5M Private Placement

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

Pulsar Helium, Inc. is launching a brokered private placement to raise up to $7.5 million by offering nearly 19.7 million common shares to select US investors. The funds will be used to advance Pulsar’s Topaz project in Minnesota, including the construction of a helium and CO2 production facility. This initiative underscores Pulsar’s ambition to become a key player in the US helium market.

For further insights into TSE:PLSR stock, check out TipRanks’ Stock Analysis page.