Pulsar Helium Receives TSX Venture Exchange Conditional Approval

• TSX Venture Exchange provides conditional approval for the company's offering
• First AIM admission of 14,974,338 shares scheduled for August 29, 2025 at 8:00 a.m.
• Second AIM admission of 1,200,000 shares planned for September 1, 2025 at 8:00 a.m.
• Total share count will reach 150,267,309 following both admissions
• New shares will rank equally with existing common shares in all respects

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) is a publicly traded helium project development company. Pulsar operates helium projects in two locations: the Topaz project in Minnesota, USA, and the Tunu project in Greenland.

The company focuses on primary helium occurrences that are not associated with hydrocarbon production. Pulsar holds first-mover positions in both operational territories, having identified helium opportunities in these locations ahead of broader industry activity.

TSX Venture Exchange Conditional Approval

Pulsar Helium has received conditional approval from the TSX Venture Exchange for its current offering. This approval follows the company's announcements on August 20 and 21, 2025, regarding the offering details. The conditional approval allows the company to proceed with its fundraising activities under Canadian securities regulations.

The TSX Venture Exchange approval addresses Canadian regulatory requirements for the company's share issuance. The conditional nature indicates that specific conditions must be satisfied as part of the approval process. This regulatory clearance enables the company to move forward with its planned capital raising activities.

The approval timing aligns with the company's broader fundraising schedule and AIM admission plans. The TSX Venture Exchange conditional approval represents one component of the regulatory framework governing the company's current offering across multiple jurisdictions.

AIM Trading Admission Timetable

The London Stock Exchange has received applications for admission of new common shares to AIM trading. The first admission involves 14,974,338 shares with trading expected to commence at 8:00 a.m. on August 29, 2025. This represents the larger portion of the new share issuance under the current offering.

A second admission covers 1,200,000 shares related to the subscription component of the offering. These shares are scheduled to begin trading at 8:00 a.m. on September 1, 2025. The two-phase admission process separates the main offering from the subscription element.

The staggered admission timeline provides a three-day gap between the two tranches of new shares entering AIM trading. Both sets of shares, when issued and fully paid, will carry the same rights as existing common shares. The phased approach divides the total new issuance across two separate admission dates.

Updated Share Capital Structure

Following the first admission on August 29, 2025, Pulsar's total issued shares will number 149,067,309. The second admission will increase this figure to 150,267,309 shares. All shares carry voting rights and rank equally with existing common shares.

The final share count of 150,267,309 will serve as the denominator for shareholder disclosure calculations. Shareholders must notify the company of interests exceeding 3% of issued share capital under the company's articles. This notification requirement applies to both initial holdings and subsequent changes in shareholding levels.

The new shares will trade under the same ticker symbols across all exchanges: PLSR on both AIM and TSX Venture Exchange, and PSRHF on OTCQB. The expanded share base results from the completion of both the main offering and subscription components of the current fundraising round.

Next Steps

Pulsar Helium will complete its dual-phase AIM admission process over the coming days, with the first tranche beginning trading on August 29, 2025. The company expects to finalise the second admission on September 1, 2025, completing the current offering process. These milestones will establish the company's updated capital structure across all listing venues.

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