Pulsar Helium

Pulsar Helium Inc. is a North American and European primary helium development company advancing one of the highest-grade helium discoveries on the continent—the Topaz Project in Minnesota. With laboratory-confirmed helium concentrations of 7-8% from its Jetstream wells, representing orders of magnitude above typical economic thresholds of 0.3-1.0%, Topaz is positioned as a generational asset in a stable U.S. jurisdiction. 

The project holds a P50 gross recoverable helium prospective resource of 0.4 billion cubic feet based on a single well covering less than 15% of Pulsar's acreage, with a 65% chance of commerciality. 

The company is dual-listed on AIM (PLSR), TSXV (PLSR), and OTCQB (PSRHF), and is backed by a veteran management team with deep expertise in helium exploration, petroleum engineering, and capital markets.

Pulsar Helium offers a compelling investment opportunity in a critical raw material market characterized by inflexible supply and soaring demand. The Topaz Project represents the highest-grade helium discovery in North America, with flow testing demonstrating Jetstream #1's capacity to produce over 1.3 million cubic feet per day under wellhead compression and natural flow rates exceeding 500 Mcf/d at 30 psi. 

With helium trading at approximately US$100,000 per metric ton and global supply dominated by byproduct production, Topaz's primary helium model provides supply security that end-users urgently require. The project's infrastructure advantages—including nearby grid power, existing road networks, owned surface rights, and Pulsar's private mineral rights over 5,979 gross acres—significantly reduce capital intensity compared to greenfield developments. 

Minnesota's helium-specific legislation, enacted in May 2024, provides regulatory certainty, while the company's partnership with Chart Industries for production facility design de-risks the path to commercialization.

Pulsar Helium Inc. is led by a seasoned management team with unparalleled expertise in pure-play helium exploration and development. President & CEO Thomas Abraham-James is a distinguished geologist with 17 years of experience discovering and developing helium projects across North America, Africa, and Europe, co-authoring influential publications including "The Principles of Helium Exploration" and holding Fellow status with the Australasian Institute of Mining and Metallurgy, Geological Society of London, and Society for Economic Geologists. 

Executive Chairman Neil Herbert brings over three decades of leadership and advisory experience, having guided companies from startup through IPO and overseen more than US$3 billion in M&A activity, including Antofagasta's transformation into a global copper giant. 

CFO Dan O'Brien, a Chartered Professional Accountant with 20 years of resource sector experience, provides financial stewardship honed through senior roles at leading Canadian accounting firms and multiple public mining companies. 

VP Engineering Brad Cage contributes 25 years of oil and gas engineering expertise from Marathon Oil, EOG Resources, and Devon Energy, while GM Operations Michael Sturdy leverages 17 years of project management experience with ExxonMobil, ConocoPhillips, and SM Energy to oversee Topaz's development. 

Chief Geologist Nick Schofield, a tenured Professor of Igneous and Petroleum Geology at the University of Aberdeen, provides world-class technical leadership in subsurface igneous systems.

Pulsar Helium is executing a comprehensive growth plan focused on advancing Topaz to production while expanding its strategic footprint across Minnesota and Greenland. The company is mobilizing a multi-well drilling program of up to 10 additional wells commencing September 2025, targeting helium-charged fracture networks identified through seismic and existing well data, with the objective of achieving development-ready status by mid-2026. 

This drilling campaign will incorporate comprehensive well testing—including gas analysis, pressure buildup, and optical televiewer surveys—to inform final facility design and resource expansion. The Limited Notice to Proceed signed with Chart Industries in September 2025 initiates detailed engineering for a dual helium-CO2 production facility, with all work credited toward the full construction contract. 

Pulsar's proposed acquisition of Quantum Hydrogen Inc. would increase its Minnesota gross acreage by approximately 1,000% to 59,100 acres, consolidating a dominant land position in the region. Concurrently, the Tunu Project in Greenland—one of Europe's few pure-play helium projects with surface seeps up to 0.8% helium—advances through a Sproule-ERCE pre-feasibility study, offering strategic access to EU markets within four days shipping to Denmark.

As of September 2025, Pulsar Helium Inc. is positioned with a market capitalization of CAD$66.1 million based on 150.3 million issued shares trading at CAD$0.44, with a fully diluted share count of 182.8 million including warrants, options, and performance units. The company maintains a strong cash position of USD$5.6 million, comprising USD$600,000 at June 30, 2025, plus USD$5.0 million raised in August 2025, providing runway for the Q3 2025 drilling program initiation. 

Insider ownership is substantial, with directors and management holding approximately 28% equity, including Executive Chairman Neil Herbert (8.6%), President & CEO Thomas Abraham-James (8.2%), and founding shareholders (16.1%), aligning leadership interests with shareholders. 

The company's valuation reflects significant leverage to resource expansion, with the current 0.4 Bcf P50 resource estimate representing only a fraction of the prospective acreage across both Topaz and the proposed Quantum Hydrogen acquisition. Pulsar's capital-efficient strategy, utilizing existing infrastructure and phased development, minimizes dilution while maximizing optionality on helium price appreciation.

Pulsar Helium Inc. stands at the threshold of becoming a primary helium producer in a market desperately seeking supply security and price stability. With the highest-grade helium discovery in North America, a clear path to development-ready status by mid-2026, and strategic partnerships with industry leaders like Chart Industries, Pulsar offers a unique investment opportunity in a critical raw material sector. 

The company's dual-continent strategy, combining the advanced Topaz Project in Minnesota with the strategic Tunu Project in Greenland, provides geographic diversification and direct access to both U.S. and European markets. Backed by a management team with unparalleled helium expertise and substantial insider ownership, Pulsar is positioned to deliver long-term value as it transitions from explorer to producer. 

For investors seeking exposure to a high-margin, technology-critical commodity with constrained supply and growing demand, Pulsar Helium presents an attractive, de-risked opportunity with significant resource upside and a responsible approach to sustainable development.