20th Feb 2026 14:09
Pulsar Helium Inc - US and Greenland-focused helium company - Raises gross proceeds of approximately GBP7.4 million through a placing, announced on Thursday, of 9.2 million shares at 80p each. Says it will use the net proceeds to advance its flagship Topaz helium project in Minnesota, progress the Falcon Project in Michigan, and for general working capital. Plans at Topaz to conduct extended well testing and reservoir evaluation, and an additional seismic survey to enhance structural interpretation and reservoir modelling; to consolidate and expand its mineral and leasehold interests; to update the independent resource estimate; and to complete a pre-feasibility study for integrated helium and carbon dioxide production. Read More