THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.
NEWS RELEASE | MARCH 30, 2026 | CASCAIS, PORTUGAL
PULSAR ANNOUNCES STOCK OPTION EXERCISE, TVR AND DIRECTOR/PDMR SHAREHOLDING
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium company, notes on March 27, 2026, Cambrian Limited, a company beneficially owned and controlled by Neil Herbert, Executive Chair of the Company, exercised 1,597,061 stock options ("Cambrian Option Exercise") over new common shares ("Shares"), issued pursuant to the Company's shareholder and TSX Venture Exchange approved Stock Option Plan, at an exercise price of CAD$0.45 each, generating cash proceeds for the Company of CAD$718,677.
Director/PDMR Shareholding
In addition, the Company was notified of dispositions on March 26, 2026, of in aggregate 804,800 Shares controlled by NH Family Office Limited, which is beneficially owned by Neil Herbert (the "Disposition"). Following the Cambrian Option Exercise and the Disposition, Mr. Herbert's beneficial interest through Cambrian Limited and NH Family Office Limited in Pulsar has increased to 13,699,159 Shares, representing 7.42% of the Company's issued and outstanding Shares on Admission (as defined below).
Pulsar notes that Mr. Herbert is interested directly in 454,000 PSUs pursuant to the Company's shareholder approved Equity Plan.
The PDMR notification forms below sets additional information.
Admission and total voting rights
Application will be made to the London Stock Exchange for the admission of the 1,597,061 new Shares to trading on AIM ("Admission"), which will rank pari passu with existing Shares. Admission is expected to occur at 8.00 a.m. (BST) on or around April 2, 2026.
Following Admission, Pulsar will have 184,524,719 Shares issued and there are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules and the Company's Articles.
On behalf of Pulsar Helium Inc.
"Thomas Abraham-James"
President, CEO and Director
Further Information:
Pulsar Helium Inc.
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (United Kingdom)
https://ca.linkedin.com/company/pulsar-helium-inc.
Strand Hanson Limited
(Nominated & Financial Adviser, and Broker)
Ritchie Balmer / Rob Patrick
+44 (0) 207 409 3494
Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
pulsarhelium@yellowjerseypr.com
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of the London Stock Exchange (United Kingdom) and listed on the TSX Venture Exchange with the ticker PLSR (Canada), as well as on the OTCQB with the ticker PSRHF (United States of America). Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, the Falcon project in Michigan (both in the USA), and the Tunu helium project in Greenland. Pulsar is the first mover in each location with primary helium occurrences not associated with the production of hydrocarbons identified at both the Minnesota and Greenland locations. Exploration work has not yet commenced at the Michigan location.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
PDMR Notification Form:
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Cambrian Limited is a PCA of Neil Herbert, Executive Chairman and Director of the Company |
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2. |
Reason for the Notification |
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a) |
Position/status |
Executive Chairman and Director |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Pulsar Helium Inc. |
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b) |
LEI |
254900ZCNH1VXNBQY881 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
Common Shares of no par value |
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Identification code |
CA7459321039 |
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b) |
Nature of the Transaction |
Shares issued pursuant to the exercise of stock options |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
N/A (single transaction) |
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e) |
Date of the transaction |
March 27, 2026 |
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f) |
Place of the transaction |
Outside trading venue |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
NH Family Office is a PCA of Neil Herbert, Executive Chairman and Director of the Company |
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2. |
Reason for the Notification |
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a) |
Position/status |
Director |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Pulsar Helium Inc. |
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b) |
LEI |
254900ZCNH1VXNBQY881 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
Common Shares of no par value |
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Identification code |
CA7459321039 |
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b) |
Nature of the Transaction |
Sale of Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
Volume (CAD trades): 454,800 Price (CAD): 1.7530606 per Share Volume (GBP trades): 350,000 Price (GBP): 0.9355858 per Share |
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e) |
Date of the transaction |
March 26, 2026 |
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f) |
Place of the transaction |
London Stock Exchange: AIM & TSX Venture Exchange |
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