Pulsar Helium Announces Warrant Exercise by Its Major Investor Bringing in Net Proceeds of CAD$5.6 Million

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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 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.

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 ON MARKET ABUSE, AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AND REGULATION (EU) NO. 596/2014 ON MARKET ABUSE.

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UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

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CASCAIS, Portugal, Nov. 06, 2025 (GLOBE NEWSWIRE) —

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Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a helium exploration and development company, is pleased to announce 15,500,000 warrants held by its major shareholder, ABCrescent Cooperatief U.A. (“ABC” or “ABCrescent”), were exercised at an exercise price of CAD$0.36 generating exercise proceeds of CAD$5,580,000 (the “Warrant Exercise”). The funds strengthen Pulsar’s balance sheet and will be used to advance the Company’s flagship Topaz helium project in Minnesota, USA.

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Thomas Abraham-James, President & CEO of Pulsar, commented:

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“We greatly appreciate ABCrescent’s ongoing support of Pulsar by exercising their warrants, the proceeds of which put Pulsar in a strong cash position and will be used to advance our flagship Topaz helium project in Minnesota, accelerating the development of this key asset. ABCrescent remain the single largest investor in Pulsar and continue to hold a seat on our Board, underscoring their long-term commitment. This transaction has also streamlined our capital structure by eliminating virtually all outstanding warrants, effectively removing any perceived overhang. I look forward to keeping the market updated with further developments, particularly from the active drill program we have underway at Topaz.”

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ABC Share and Warrant Detail

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ABC was issued 15,500,000 share purchase warrants with an exercise price of CAD$0.36 as part of a unit offering that closed on January 17, 2024. On November 5, they were exercised in their entirety bringing proceeds for the Company of CAD$5,580,000.

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ABCrescent also advises the Company that over November 4, 2025, and November 5, 2025, ABCrescent on behalf of fully managed accounts, disposed of (the “Disposition”) control and direction over an aggregate of 200,000 common shares in the Company (“Common Shares”). Brice Laurent, a Director of the Company, is a managing partner of ABCrescent. ABCrescent advises that the 200,000 Common Shares were sold at an aggregated volume price of approximately 40 pence (or approximately CAD$0.75) per Common Share for aggregate proceeds of approximately £81,700 pursuant to certain market sales over the facilities of AIM Market on the London Stock Exchange and the TSX Venture Exchange.

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ABC advises that following the Disposition and the Warrant Exercise, ABC exercises control or direction over, directly or indirectly, 22,576,316 Common Shares, representing 13.53% of the Company’s issued and outstanding Common Shares.