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 UNITED STATES OF
AMERICA, 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 | 16 December 2024 |
CASCAIS, PORTUGAL
Director/PDMR
Shareholding
Pulsar Helium Inc. (AIM: PLSR, TSXV:
PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), the helium project
development company, has been notified of the transfer of
12,014,071 common shares in the Company ("Common Shares") beneficially owned by
Neil Herbert, Executive Chairman and Director of the Company, from
Cambrian Limited to a newly created company, NH Family Office
Limited, which is beneficially owned by Neil Herbert to an
equivalent extent as Cambrian Limited. Cambrian Limited remains
interested in 892,827 Common Shares. Accordingly, there has been no
change in Neil Herbert's beneficial ownership in the securities of
the Company, which stands at 12.3%.
The escrow arrangements and AIM Rule
7 lock-in agreement (as more fully described in the Company's AIM
Admission Document) governing the Common Shares beneficially owned
by Neil Herbert are not affected by the transfer and remain in
force.
In addition, Neil Herbert is
interested in 1,750,000 options held over Common Shares in the
Company and 1,360,000 performance share units ("PSUs") in Pulsar under the Company's
equity incentive plan.
On behalf Pulsar
Helium Inc.
"Thomas
Abraham-James"
President, CEO and
Director
Further Information:
Pulsar Helium
Inc.
connect@pulsarhelium.com
+ 1 (604) 599-0310
Strand Hanson
Limited
(Nominated &
Financial Adviser, and Joint Broker)
Ritchie Balmer /
Rob Patrick / Richard Johnson
+44 (0) 207 409 3494
OAK
Securities*
(Joint
Broker)
Jerry Keen
(Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon
Anadkat (Corporate Advisory)
info@OAK-securities.com
+44 203 973 3678
BlytheRay
Ltd
(Financial
PR)
Megan Ray / Said
Izagaren
+44 207 138 3204
pulsarhelium@blytheray.com
*OAK Securities is the trading name of Merlin Partners LLP, a
firm incorporated in the United Kingdom and regulated by the UK
Financial Conduct Authority.
PDMR
Notification Form:
The notification below, which has
been made in accordance with the requirements of UK MAR, provides
further details.
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Neil Herbert
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Executive Chairman and
Director
|
|
b)
|
Initial
notification/amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Pulsar Helium Inc.
|
|
b)
|
LEI
|
254900ZCNH1VXNBQY881
|
|
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
|
|
a)
|
Description of the Financial
instrument, type of instrument
|
Common Shares of no par
value
|
|
Identification code
|
CA7459321039
|
|
b)
|
Nature of the Transaction
|
Transfer of shares between two
companies beneficially owned to the same extent
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
12,014,071
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A (Single transaction)
|
|
e)
|
Date of the transaction
|
13 December 2024
|
|
f)
|
Place of the transaction
|
N/A outside trading venue
|
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly
traded company listed on the AIM market of the London Stock
Exchange and the TSX Venture Exchange with the ticker PLSR, as well
as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists
of its flagship Topaz helium project in Minnesota, USA, and the
Tunu helium project in Greenland. Pulsar is the first mover in both
locations with primary helium occurrences not associated with the
production of hydrocarbons identified at each.
For further information
visit:
https://pulsarhelium.com
X https://x.com/pulsarhelium
LinkedIn https://ca.linkedin.com/company/pulsar-helium-inc
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.