Pulsar Helium Raises £7.4 Million to Accelerate U.S. Helium Projects

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

Pulsar Helium has raised approximately £7.4 million through an accelerated bookbuild placing in the UK, issuing 9,191,175 new shares at £0.80 each, with OAK Securities acting as exclusive bookrunner. The placing drew support from new institutional and other investors, and the shares are expected to be admitted to trading on AIM around 27 February 2026, taking the company’s total voting share capital to 180,142,697, subject to TSX Venture Exchange approval.

The company plans to deploy the net proceeds primarily to advance its Topaz helium project in Minnesota via extended well testing, reservoir evaluation, additional seismic work and a pre-feasibility study for integrated helium and CO₂ production, as well as deposits on long-lead processing equipment. Funds will also support early-stage geophysical and geochemical exploration at the Falcon project in Michigan and general working capital, accelerating Pulsar’s project pipeline and strengthening its position in the emerging primary helium space.

More about Pulsar Helium, Inc.

Pulsar Helium Inc. is a publicly traded primary helium company listed on AIM, the TSX Venture Exchange and the OTCQB, with ticker PLSR in Canada and PSRHF 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, targeting primary helium occurrences not linked to hydrocarbons in first-mover jurisdictions.

The company focuses on exploring and developing helium, helium-3 and associated CO₂ resources, aiming to build an integrated production and processing footprint in North America and Greenland. Its strategy positions Pulsar to benefit from tightening global helium supply and growing demand from technology, medical and industrial sectors, while leveraging early-mover exploration advantages.

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