Pulsar Helium Inc. Raises £7.4m to Fast-Track U.S. Development Projects

Pulsar Helium (LSE:PLSR) has secured approximately £7.4 million through an accelerated bookbuild placing in the UK, issuing 9,191,175 new shares at £0.80 per share. The transaction was led by OAK Securities as sole bookrunner and attracted participation from both new institutional and other investors. Admission of the new shares to trading on AIM is anticipated on or around 27 February 2026, subject to approval from the TSX Venture Exchange. Following admission, the company’s total voting share capital is expected to increase to 180,142,697 shares.

The majority of the net proceeds will be directed toward advancing the Topaz helium project in Minnesota. Planned activities include extended well testing, further reservoir analysis, additional seismic surveys and completion of a pre-feasibility study covering integrated helium and carbon dioxide production. The company also intends to place deposits on long-lead processing equipment to support project timelines.

A portion of the funds will be allocated to early-stage geophysical and geochemical exploration at the Falcon project in Michigan, alongside general working capital. Management believes the capital injection will accelerate development across its portfolio and reinforce its positioning in the emerging primary helium sector.

More about Pulsar Helium, Inc.

Pulsar Helium Inc. is a publicly listed primary helium exploration and development company, quoted on AIM, the TSX Venture Exchange and the OTCQB. Its asset base includes the flagship Topaz project in Minnesota, the Falcon project in Michigan and the Tunu project in Greenland. The company focuses on identifying and developing primary helium resources not associated with hydrocarbons, targeting first-mover opportunities in stable jurisdictions.

Pulsar’s strategy centres on building an integrated helium production and processing platform across North America and Greenland, positioning the group to benefit from tightening global helium supply and increasing demand from technology, healthcare and industrial markets.