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Pulsar Helium Secures $4 Million Credit Facility for Topaz Project

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Pulsar Helium Secures $4 Million Credit Facility for Topaz Project

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Pulsar Helium, Inc. ( (TSE:PLSR) ) has shared an announcement.

Pulsar Helium Inc. has secured a US$4 million project finance facility from University Bancorp to support its Topaz Helium project in Minnesota. This financial move, guaranteed by Pulsar and secured by Keewaydin’s assets, is expected to enhance operational activities and strengthen the company’s position in the helium industry, pending approval from the TSX Venture Exchange.

More about Pulsar Helium, Inc.

Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange and the TSX Venture Exchange, as well as on the OTCQB. The company focuses on helium project development, with its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is a pioneer in these locations, identifying primary helium occurrences not linked to hydrocarbon production.

YTD Price Performance: -37.14%

Average Trading Volume: 182,668

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$46.35M

See more data about PLSR stock on TipRanks’ Stock Analysis page.

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