Pulsar Helium secures spot on TSX Venture 50 list

Published 19/02/2025, 17:22
Pulsar Helium secures spot on TSX Venture 50 list

TORONTO - Pulsar Helium (TSXV:PLSR) Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF), a helium project development company, has been recognized on the 2025 TSX Venture 50 list, ranking at number 20 for its performance in 2024, the company’s first full year on the TSX Venture Exchange.

The TSX Venture 50 annually ranks the top 50 performers on the TSX Venture Exchange based on share price appreciation, market capitalization growth, and trading value. The 2025 list highlights an average share price appreciation of 207% for the included companies, a significant increase from previous years, with a combined market capitalization of $21.7 billion.

Pulsar’s achievements in 2024 included a private placement raising $4.3 million in January and the drilling of Jetstream #1 well at its Topaz project in Minnesota, revealing high helium concentrations. The company’s shares also debuted on the OTCQB Venture Market in March under the symbol PSRHF. Furthermore, Pulsar completed a 2D seismic survey at Topaz in October and entered the London AIM market, raising gross proceeds of £5.0 million.

The company also announced an extension for the second tranche of its brokered private placement to March 21, 2025, aiming to increase working capital to accelerate the exploration and development of the Topaz project and reach a final investment decision for a combined helium and CO2 production facility.

President & CEO Thomas Abraham-James expressed pride in the company’s inclusion on the TSX Venture 50 list, attributing it to the team’s dedication, particularly in advancing the Topaz project. He emphasized the company’s commitment to creating shareholder value and meeting the demand for helium, a critical resource.

The company’s forward-looking statements include expectations of future events, which are based on current management assumptions and may be subject to change. Investors are cautioned that such statements involve risks and uncertainties and should not place undue reliance on them.

The information in this article is based on a press release statement from Pulsar Helium Inc.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.