Pulsar Helium Reports Reduction in Stake by Significant Shareholder ABCrescent

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

Pulsar Helium Inc., a multi-listed helium exploration company with flagship projects in Minnesota and Greenland, is pursuing primary helium resources independent of hydrocarbon production, seeking to capitalize on growing demand for this critical gas in high-tech and medical applications. The company’s first-mover status in both regions underpins its strategic positioning in the emerging primary helium segment.

Pulsar has disclosed that significant shareholder ABCrescent Cooperatief U.A. has disposed of 33,875 common shares and 5,000,000 units, each unit comprising one common share and a non-transferable forward purchase right. Following this transaction, and assuming the forward purchase rights are not exercised, ABC now controls approximately 8,245,000 common shares, representing 4.40% of Pulsar’s issued share capital, modestly reducing its stake while leaving the company’s overall ownership structure broadly intact.

More about Pulsar Helium, Inc.

Pulsar Helium Inc. is a publicly traded helium exploration company listed on AIM in London, the TSX Venture Exchange and the OTCQB, focused on its flagship Topaz helium project in Minnesota and the Tunu helium project in Greenland. The company positions itself as a first mover in both regions, targeting primary helium occurrences that are not linked to hydrocarbon production, aiming to supply a critical industrial and medical gas market.

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