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Pulsar Helium inks deals to boost investor outreach

Published 12/18/2024, 01:18 PM
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CASCAIS, PORTUGAL - Pulsar Helium (TSXV:PLSR) Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF), a company engaged in helium exploration, announced today that it has entered into agreements with two investor awareness firms, Ptolemy Capital Limited and Vox Markets Limited, both based in London, U.K. These agreements are aimed at increasing the visibility of Pulsar within the investment community.

Pulsar, known for its Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland, has engaged Ptolemy Capital, operating as Crux Investor, for a one-time fee of USD$12,000. The contract, which commenced today, includes a package of interviews, podcasts, articles, and distribution over the next twelve months, with no renewal option stated.

Vox Markets, a platform offering services like live alerts, market data, and direct interactions with company executives, has agreed to a different structure. Starting today, Vox will provide its services for an initial period of three months, followed by a rolling three-month notice period. Pulsar will pay Vox a monthly fee of £1,000, invoiced quarterly in advance, with a minimum agreement term of twelve months.

In addition to these new agreements, Pulsar completed a short-term engagement with Haywood Securities Inc. on December 13, 2024. Haywood provided financial advisory services to Pulsar, including corporate financing and strategic initiatives advice. As compensation, Pulsar issued Haywood 282,335 compensation warrants, allowing the purchase of common shares at an exercise price of C$0.57 for two years, along with a cash advisory fee of US$112,500.

The issuance of the compensation warrants is pending approval from the TSX Venture Exchange. If the average trading price of Pulsar's common shares reaches C$0.76 for twenty consecutive trading days, the company may expedite the expiry date of these warrants, provided a 30-day notice is given to Haywood.

This announcement is based on a press release statement and does not serve as an endorsement of Pulsar Helium Inc. or its services.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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