Mr. Neal Coleman reports

PULSE SEISMIC INC. ENTERS INTO AUTOMATIC SHARE PURCHASE PLAN

Pulse Seismic Inc. has entered into an automatic share purchase plan with a broker to facilitate repurchases of Pulse Seismic's common shares under its previously announced normal course issuer bid.

Pulse Seismic previously announced that it had received approval from the Toronto Stock Exchange to, during the 12-month period commencing Dec. 20, 2023, and terminating Dec. 19, 2024, purchase up to 2,957,406 common shares, representing 10 per cent of the public float of 29,574,064 common shares outstanding as of Dec. 13, 2023, by way of an NCIB on the TSX and/or through alternative trading platforms. Since the beginning of the NCIB on Dec. 20, 2023, the company has purchased 634,400 common shares at a weighted-average price per share of $1.88 for a total of $1.2-million. All common shares purchased under the NCIB have been cancelled.

During the effective period of its ASPP, Pulse Seismic's broker, Peters and Co. Ltd., may purchase common shares at times when Pulse Seismic would not be active in the market due to regulatory restrictions, including insider trading rules, and Pulse Seismic's own internal trading blackout periods. Purchases will be made by Pulse Seismic's broker based on limits set by Pulse Seismic, when it is not in possession of any material non-public information about the company or its securities, and in accordance with the limits and other terms of the ASPP. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws.

About Pulse Seismic Inc.

Pulse Seismic is a market leader in the acquisition, marketing and licensing of 2-D and 3-D seismic data to the Western Canadian energy sector. Pulse Seismic owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3-D seismic and 829,207 kilometres of 2-D seismic. The library extensively covers the Western Canada sedimentary basin, where most of Canada's oil and natural gas exploration and development occur.