on Pulsar Helium Inc. (isin : CA7459321039)
Pulsar Helium Reports Financial and Operational Results for First Half of 2025
Pulsar Helium Inc. has disclosed its financial and operational results for the six months ended March 31, 2025. The company, focused on helium exploration and development, reported a loss of $7,118,554 for the period. Key operational activities included the completion of drilling at Jetstream #1 and #2 appraisal wells at the Topaz Project in Minnesota. Despite some challenges with drilling fines affecting flow rates, the company achieved stable and natural gas flows.
Financially, Pulsar's assets were measured at $2,941,370, with liabilities at $5,349,970. The company's cash position stood at $1,659,888. A notable achievement was the listing on AIM, raising £5 million. Additional funding was facilitated through private placements, attracting high net worth investors and University Bancorp.
Pulsar continues to develop its Topaz Project, supported by recent financings and strategies to address operational challenges, positioning itself towards sustainable helium production.
R. P.
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