VANCOUVER, BC / ACCESSWIRE / July 4, 2024 / Pulsar Helium Inc. (TSXV:PLSR)(OTCQB:PSRHF) ("Pulsar" or the "Company") announces that pursuant to the Executive Chair and Director Fee Arrangements, the Company will issue 121,644 common shares (the "Shares") in satisfaction of certain fees to be settled in Shares in lieu of cash for the period January to June 2024. The deemed issue price is based on the five (5) day volume weighted average price of $0.8439 per Share.
The issue of the Shares for services is subject to the approval of the TSX Venture Exchange. Shares issued will be subject to a four-month hold period from the date of issue.
The fees will be paid in accordance with the Executive Chair and Director Fee Arrangements, approved by the disinterested shareholders on April 30, 2024 (see management information circular of Pulsar dated as of March 13, 2024), a copy of which is available on SEDAR+ () under Pulsar's issuer profile.
About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company listed on the TSX Venture Exchange with the ticker PLSR and on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, that has been drilled and flowed up to 14.5% helium, 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 follow us on X and LinkedIn
On behalf Pulsar Helium Inc.
"Thomas Abraham-James"
President, CEO and Director
Further Information:
Thomas Abraham-James President,
CEO and Director Pulsar Helium Inc.
connect@pulsarhelium.com
+ 1 (604) 599-0310
Neither 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.
SOURCE: Pulsar Helium Inc.
