CASCAIS, Portugal — February 10, 2026 — Leads & Copy — Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) has provided an update regarding its option to acquire up to 100% of Quantum Hydrogen Inc. (“Quantum”), a 100% owned subsidiary of Oscillate PLC (“Oscillate”), in an all-share transaction (the “Transaction”). The announcements were previously made on November 4, 2025, December 19, 2025, and January 21, 2026.
On December 18, 2025, Pulsar issued 292,560 common shares to Oscillate, satisfying the first and second monthly share option tranches valued at US$80,000 each, at a VWAP of C$0.7797 for tranche one and C$0.7543 for tranche two. An additional 145,434 Consideration Shares were issued to Oscillate on January 20, 2026, satisfying the third monthly share option tranche of US$80,000 at a VWAP of C$0.7556.
The company issued 80,947 Consideration Shares to Oscillate on February 9, 2026, satisfying the fourth monthly share option tranche of US$80,000 at a VWAP of C$1.3508.
Under the terms of the agreement, Pulsar will acquire 80% of the shares of Quantum upon issuing to Oscillate one additional monthly tranche of Consideration Shares to be valued at US$80,000. Pulsar also has the option until May 3, 2027, to acquire the remaining 20% of Quantum from Oscillate in exchange for US$400,000 of Consideration Shares, to be issued in 5 installments of US$80,000 each after Pulsar has provided notice to Oscillate that it wishes to exercise such option.
The Consideration Shares are subject to a four-month-and-one-day hold period from the date of issuance.
Pulsar Helium Inc. is quoted on the AIM market of the London Stock Exchange (United Kingdom) and listed on the TSX Venture Exchange with the ticker PLSR (Canada), as well as on the OTCQB with the ticker PSRHF (United States of America). The company’s portfolio consists of its Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. The company has identified primary helium occurrences not associated with the production of hydrocarbons at each location.
“Thomas Abraham-James,” President, CEO and Director of Pulsar Helium Inc., provided the update.
Source: Pulsar Helium Inc.
