THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF THE COMPANY IN ANY JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.

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CASCIAS, PORTUGAL / ACCESS Newswire / August 29, 2025 / Pulsar Helium Inc. (AIM:PLSR)(TSXV:PLSR)(OTCQB:PSRHF) ("Pulsar" or the "Company"), a leading helium project development company, is pleased to announce that further to its announcements on August 20, 21, and 28, 2025, it has closed its offering (the "Offering") through the issuance of 16,174,338 common shares of the Company (each, a "Common Share") at a price of £0.23 (CAD$0.43) per Common Share for total gross proceeds of £3,720,100 (approximately CAD$6,955,000). Closing of the Offering remains subject to final approval of the TSX Venture Exchange.

The Company's shareholder and principal lender, University Bancorp Inc., participated in the Offering to increase its interest to 4.99% of Pulsar's enlarged share capital.

The net proceeds of the Offering will be used to advance Pulsar's flagship Topaz helium project in Minnesota, USA and for general working capital purposes. Specifically, as announced August 26, 2025, the Company intends to drill up to 10 new appraisal wells, to further define the size and shape of the helium-bearing reservoir. Other activities to be funded from the net proceeds of the Offering within the coming 12 months include a preliminary economic assessment and resource update.