Pulsar Helium reported significant developments during Q2'24 after it received an independent technical report from Sproule, assessing helium and CO2 resources at its Topaz Project in Minnesota. This report covers 13% of Pulsar's gross land position. Pulsar also announced plans for an AIM listing by Oct'24, aiming to raise ~£5mm, with £1.125mm already secured through a cornerstone investment from OAK Securities. The funds will support the deepening of the Jetstream #1 well and ongoing exploration at the Topaz Project, with proceeds from the AIM IPO primarily allocated to these efforts. The company ended the quarter with a net loss of US$1.3mm, cash position of US$1.6mm, and total assets of US$2.3mm.
top of page
Search
Recent Posts
See AllPulsar shot a 1.1 km 2D seismic line revealing seismic reflectors at depths consistent with the high-concentration helium zone found in...
Pulsar Helium advanced its Topaz project in Minnesota and the Tunu project in Greenland. At Topaz, a 20km 2D seismic survey commenced on...
bottom of page
コメント