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Pulsar Files Financial and Operating Results for the First Quarter Ended December 31, 2025
Globenewswire· 2026-02-26 07:00
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 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. CASCAIS, Portugal, Feb. 26, 2026 (GLOBE N ...
Helix Exploration, Atlantic Lithium, AOTI, Caledonia Mining - Small Cap Snapshot
Yahoo Finance· 2026-02-23 09:41
Helix Exploration (AIM:HEX, OTCQB:HHEXF) has become the first helium producer in the US state of Montana. Operations are scaling up at the Rudyard project, and the team is moving into talks with distributors. Atlantic Lithium (AIM:ALL, ASX:A11, OTCID:ALLIF) has walked away from takeover talks to focus on its own growth. The board says the offer didn’t reflect the true value of its flagship Ewoyaa Lithium Project in Ghana. AOTI Inc (AIM:AOTI) is eyeing a major breakthrough with a looming US reimbursement ...
Pulsar Helium Announces Result of Fundraise and TVR
Globenewswire· 2026-02-20 07:30
Core Viewpoint - Pulsar Helium Inc. has successfully raised approximately £7.4 million (around US$10.0 million / CAD$13.7 million) through an accelerated bookbuild placing of 9,191,175 shares at an issue price of £0.80 per share, aimed at advancing its helium projects in the USA [5][7]. Group 1: Fundraising Details - The company raised gross proceeds of approximately £7.4 million (approximately US$10.0 million / CAD$13.7 million) through the issuance of 9,191,175 placing shares [5]. - The placing was managed by OAK Securities, which acted as the exclusive bookrunner and placement agent [6]. Group 2: Use of Proceeds - The net proceeds from the placing will be utilized to advance the Topaz helium project in Minnesota, progress the Falcon project in Michigan, and for general working capital [11]. - At the Topaz project, the company plans to conduct extended well testing, reservoir evaluation, and additional seismic surveys, as well as update the independent resource estimate and complete a pre-feasibility study for integrated helium and CO₂ production [11]. Group 3: Admission and Shareholder Information - Application has been made for the admission of the placing shares to trading on AIM, expected to occur on or around February 27, 2026 [8][9]. - Upon admission, the total number of common shares in issue will be 180,142,697, which shareholders can use to determine their interest in the company's issued share capital [9].
Genflow Biosciences, IXICO, Helium One, Bellevue Healthcare Trust - Small Cap Snapshot
Yahoo Finance· 2026-02-12 09:51
Genflow Biosciences Ltd (LSE:GENF, OTCQB:GENFF, FRA:WQ5) jumped nearly 20% after positive interim results from its aged dog trial. Treated dogs showed better survival and muscle health, with no adverse events reported so far. IXICO PLC (AIM:IXI) has added £1.5 million in contracted revenue from a Huntington’s disease trial extension. The income will be recognised over three years, as the group builds repeat business with big pharma clients. Helium One Global Ltd (AIM:HE1) says the Galactica-Pegasus heli ...
Blue Star Helium's Galactica Project Poised for Integrated Operations Next Week
Small Caps· 2026-02-12 00:31
Core Insights - Blue Star Helium is set to begin integrated operations at its Galactica project next week, with the CO2 amine unit now operational, marking a significant step towards its 2026 production ramp-up strategy [1][6] - The company has plans for further enhancements to processing capacity, including CO2 liquefaction and trailer loading components expected to be added in H1 2026 [2] - Spot helium sales arrangements are in place, with ongoing discussions for long-term offtake agreements for both helium and CO2 [3] Project Development - The Galactica project is a 50% joint venture with Helium One Global Ltd, which helps in sharing ownership and development risks [4] - Expansion components are planned for H1 2026 to augment processing capacity, supporting the project's growth [4] - Successful drilling at the Jackson 27 and Jackson 29 development wells has been highlighted, indicating consistent drilling success at the Galactica project [4] Financial Aspects - Blue Star Helium announced a capital raising of up to A$8.2 million to support its development plans, with proceeds allocated to advancing the Galactica project and general working capital needs [5] - The capital raise was structured via a placement and a non-renounceable rights issue, both priced at A$0.005 per share [5] Production and Execution Strategy - The company is transitioning the Galactica project towards integrated operations and production, with key processing components now online [6] - A ramp-up strategy is targeted through 2026, involving further well tie-ins and infill drilling to increase throughput at the Pinon Canyon Plant [3][6] - Investors are closely monitoring the execution of sales contracts and ongoing development to mitigate risks associated with capital needs and commodity price volatility [6]
Pulsar Helium Provides Update on Transaction with Oscillate PLC
Globenewswire· 2026-01-21 07:00
Core Viewpoint - Pulsar Helium Inc. is progressing with its acquisition of Quantum Hydrogen Inc. through an all-share transaction, with specific terms outlined for share issuance and valuation [1][3]. Group 1: Acquisition Details - The company has issued a total of 292,560 common shares to Oscillate, valued at US$80,000 each for the first two monthly share option tranches [2]. - An additional 145,434 shares were issued to satisfy the third tranche, also valued at US$80,000 [3]. - Pulsar will acquire 80% of Quantum's shares after issuing two more tranches of shares, with the option to acquire the remaining 20% for US$400,000 in shares by May 3, 2027 [3]. Group 2: Share Issuance and Valuation - The shares issued in connection with the transaction are subject to a four-month-and-one-day hold period from the date of issuance [4]. - The first tranche shares had a volume-weighted average price (VWAP) of C$0.7797, while the second and third tranches had VWAPs of C$0.7543 and C$0.7556, respectively [2][3]. Group 3: Company Overview - Pulsar Helium Inc. is publicly traded on the AIM market, TSX Venture Exchange, and OTCQB, focusing on helium projects in Minnesota and Greenland [5][6]. - The company is recognized as a first mover in both locations, with primary helium occurrences identified that are not associated with hydrocarbon production [6].
Pulsar Helium Provides Update on Transaction with Oscillate PLC
Globenewswire· 2026-01-21 07:00
Core Viewpoint - Pulsar Helium Inc. is progressing with its acquisition of Quantum Hydrogen Inc. through an all-share transaction, with specific terms regarding share issuance and valuation outlined in recent updates [1][2][3]. Group 1: Acquisition Details - The company has issued a total of 292,560 common shares to Oscillate, valued at US$80,000 each for the first two monthly share option tranches [2]. - An additional 145,434 shares were issued on January 20, 2026, for the third tranche, also valued at US$80,000 [3]. - Pulsar will acquire 80% of Quantum's shares after issuing two more tranches of shares, with the option to acquire the remaining 20% by May 3, 2027, for US$400,000 in shares [3]. Group 2: Share Issuance and Valuation - The shares issued in connection with the acquisition are subject to a four-month-and-one-day hold period from the issuance date [4]. - The first tranche shares were issued at a volume-weighted average price (VWAP) of C$0.7797 and C$0.7543 for the second tranche, while the third tranche was issued at a VWAP of C$0.7556 [2][3]. Group 3: Company Overview - Pulsar Helium Inc. is publicly traded on the AIM market in the UK, the TSX Venture Exchange in Canada, and the OTCQB in the USA, with a focus on helium projects in Minnesota and Greenland [5][6]. - The company is recognized as a first mover in both locations, identifying primary helium occurrences not associated with hydrocarbon production [6].
ASP Isotopes Inc. (ASPI) Closes Renergen Deal, Unlocking $750M in Funding for Helium Expansion
Yahoo Finance· 2026-01-12 02:12
Company Overview - ASP Isotopes Inc. (ASPI) has successfully closed its acquisition of Renergen Limited, which enhances its capabilities in isotope enrichment and expands its portfolio in the energy sector [1][3]. - The merger combines ASP Isotopes' advanced enrichment technologies with Renergen's helium and natural gas assets, particularly the Virginia Gas Project in South Africa [1][2]. Strategic Goals - The combined entity aims to become a leading global supplier of critical materials for high-growth sectors such as semiconductors, quantum computing, and clean energy [2]. - A significant aspect of the deal is Renergen's access to approximately $750 million in committed debt funding from the U.S. International Development Finance Corporation (DFC) to boost helium production capacity [2]. Market Position - ASP Isotopes does not directly mine rare earth elements but focuses on the production and enrichment of stable isotopes that are part of the broader strategic materials universe, including elements related to rare earths [3].
ASP Isotopes Closes Acquisition of Renergen
Globenewswire· 2026-01-07 13:30
Core Viewpoint - The acquisition of Renergen by ASP Isotopes positions the combined company as a global provider of critical materials, particularly in the helium and isotope markets, targeting high-growth industries such as semiconductors, quantum computing, and clean energy [1][3]. Company Overview - ASP Isotopes Inc. focuses on developing technology and processes for isotope production, utilizing proprietary Aerodynamic Separation Process technology [6]. - Renergen Limited is a producer of helium and liquefied natural gas, with significant operations at the Virginia Gas Project in South Africa [8]. Financial Aspects - The acquisition is supported by $750 million in committed debt funding from the U.S. Development Finance Corporation (U.S. DFC) and other lenders to expand helium plant production capacity [1][2]. - Renergen's Virginia Gas project has received $40 million in U.S. government funding and is expected to benefit from an additional $500 million in senior debt funding from U.S. DFC and a $250 million debt facility from Standard Bank SA [2]. Strategic Goals - The combined company aims to implement a structured integration plan to achieve long-term growth objectives and anticipated synergies [3]. - The integration is expected to enhance supply chain stability for critical sectors, driven by advancements in AI, quantum technologies, and clean energy [3]. Employee Inducement - Inducement grants of 700,000 shares of common stock were approved for key employees of Renergen to encourage retention post-acquisition [4][5]. Market Demand - There is a growing demand for isotopes such as Silicon-28 for quantum computing and various isotopes for emerging healthcare applications and green energy [7].
Pulsar Helium Commences Drilling of Jetstream #5
Globenewswire· 2025-12-03 07:00
Core Viewpoint - Pulsar Helium Inc. has successfully relocated drilling equipment to the Jetstream 5 drill pad at its Topaz project in Minnesota, with drilling operations commencing on November 28, 2025, targeting a depth of 5,000 feet (1,524 meters) [3]. Drilling Campaign Highlights - Jetstream 1 well recorded helium-3 concentrations of up to 14.5 parts per billion (ppb) and achieved a natural gas flow rate of 200,000 cubic feet per day during a 7-day test [4]. - Jetstream 2 well encountered high helium concentrations of up to 6.5% and a strong initial shut-in pressure of approximately 151 psi, indicating a highly charged reservoir [5]. - Jetstream 3 well demonstrated strong reservoir pressure with a calculated bottom-hole pressure of approximately 960 psi, indicating a robust gas reservoir [6]. - Jetstream 4 well successfully penetrated the entire interpreted helium-bearing interval, with an estimated bottom-hole pressure of approximately 887 psi [8]. Project Overview - The Topaz project is located in northern Minnesota, where Pulsar is the first mover, holding exclusive leases for helium exploration [9]. - The drilling campaign aims to expand the understanding of the helium reservoir, with previous wells confirming the presence of helium-3 and achieving significant flow rates [9].