Mr. Thomas Abraham-James reports

PULSAR HELIUM PROVIDES UPDATE ON TRANSACTION WITH OSCILLATE PLC

Pulsar Helium Inc. has provided an update following its announcements on Nov. 4, 2025, and Dec. 19, 2025, regarding its option to acquire up to 100 per cent of the shares of Quantum Hydrogen Inc., a 100-per-cent-owned subsidiary of Oscillate PLC, in an all-share transaction.

On Dec. 18, 2025, the company issued a total of 292,560 common shares to Oscillate, satisfying the first and second monthly share option tranches valued at $80,000 (U.S.) each, at a VWAP (volume-weighted average price) of 77.97 Canadian cents for tranche 1 and 75.43 Canadian cents for tranche 2.

On Jan. 20, 2026, the company issued an additional 145,434 consideration shares to Oscillate, satisfying the third monthly share option tranche of $80,000 (U.S.) at a VWAP of 75.56 Canadian cents. Under the terms of the agreement with Oscillate, the company will acquire 80 per cent of the shares of Quantum upon issuing to Oscillate two additional monthly tranches of consideration shares to be valued at $80,000 (U.S.) each over the coming months. The company also has the option until May 3, 2027, to acquire the remaining 20 per cent of the shares of Quantum from Oscillate in exchange for $400,000 (U.S.) of consideration shares to be issued in five instalments of $80,000 (U.S.) of consideration shares each after the company has provided notice to Oscillate that it wishes to exercise such option.

The consideration shares issued in connection with the transaction are subject to a four-month-and-one-day hold period from the date of issuance.

About Pulsar Helium Inc.

Pulsar Helium is a publicly traded company quoted on the AIM (Alternative Investment Market) of the London Stock Exchange (United Kingdom) and listed on the TSX Venture Exchange with the ticker PLSR (Canada) as well as on the OTCQB with the ticker PSRHF (United States). Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, United States, 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.