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Pulsar Helium Files Financial and Operating Results for the Year Ended September 30, 2025

PSRHF
  • Pulsar Helium Inc. announced financial & operating results for the year ended September 30, 2025, with operations centered on its Topaz helium project in Minnesota.
  • In early 2025, the Jetstream #1 appraisal well was deepened to 5,100 feet (1,555 metres) to penetrate the entire helium-bearing reservoir.
  • In early 2025, the Jetstream #2 appraisal well was drilled to a total depth of 5,638 feet (1,718 metres), confirming the entire helium-bearing interval.
  • Flow testing confirmed sustained average helium concentrations of 8.1% in Jetstream #1 (range 5.9%-14.5%) & 5.6% in Jetstream #2 (range 4.3%-6.5%).
  • In October 2025, a drill program began to drill up to ten wells at Topaz to delineate reservoir extent; three holes were completed with five expected total.
  • In January 2026, two U.S. Federal laboratories independently confirmed helium-3 concentrations of 11.2-11.9 ppb associated with 7.7-8.0% helium-4.
  • On October 18, 2024, common shares commenced trading on the AIM market of the London Stock Exchange under symbol PLSR.
  • The Company raised $5,010,985 in October 2024 via the issuance of 15,500,000 shares, $2,427,498 in January & March 2025 via 6,388,154 shares, & $5,034,846 in August 2025 via 16,174,338 shares.
  • Post year, the Company issued 17,490,684 shares via warrant exercises for C$6,332,394 & 2,200,000 shares via option exercises for C$990,000.
  • For the year ended September 30, 2025, the Company reported net loss of $(9,645,889) & total assets of $2,420,415.
  • Revenue remained at $Nil for the years ended September 30, 2025, 2024, & 2023.
  • The Company recorded a non-cash warrant liability revaluation gain of $1,895,724 during the year ended September 30, 2025.
  • President & CEO Thomas Abraham-James stated the deepened Jetstream #1 well & new seismic data validated the scale of the helium system.
  • No reserves have been assigned to date due to the early stage of development of the Company's property interests.