The TSX Venture Exchange has accepted for filing documentation pertaining to a non-arm's-length share purchase agreement dated Nov. 3, 2025. Pursuant to the agreement, Pulsar Helium Inc. has acquired an 80-per-cent interest in Quantum Hydrogen Inc., a private entity.

Consideration for the 80-per-cent interest in Quantum was $400,000 (U.S.). The consideration will be settled via share issuance in five equal monthly tranches of $80,000 (U.S.) each over a five-month period. The number of shares in each tranche will be determined by the 30-day volume weighted average price of the company's shares prior to each issuance (provided, however, that such price shall not be less than five cents per company share). The first two tranches have now been settled, representing 292,560 shares in aggregate.

In addition, the company has the right to acquire the remaining 20 per cent of Quantum within 18 months for an additional $400,000 (U.S.) in company shares, under the same terms and pricing mechanism.

No finder's fee was payable in connection with the agreement.

For further information, please refer to the company's news releases dated Nov. 4, 2025, and Dec. 19, 2025.