Pulsar Helium Reports Financial and Operational Results for FY2024

Pulsar Helium Inc. has disclosed its financial and operational outcomes for the year ending September 30, 2024. Significant advancements were made at the Topaz Project in Minnesota, confirming helium presence with concentrations between 7.9% and 14.5%. A passive seismic survey in late 2023 exceeded expectations, setting the stage for successful drilling activities.

The company received a Competent Persons Report estimating net helium and CO2 resources for the Topaz Project. The exploration highlighted unrisked contingent helium resources ranging from 1.6MMcf to 34.9MMcf, and CO2 from 11.9MMcf to 266.7MMcf.

Pulsar raised funds via private placement, securing C$4,255,000 in early 2024 and later initiated a brokered private placement to US investors to raise $7.5 million. Pulsar was also listed on the AIM market of the London Stock Exchange, raising £5 million.