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The latest update is out from Pulsar Helium, Inc. ( (TSE:PLSR) ).
Pulsar Helium Inc. has announced a non-binding agreement to acquire Hybrid Hydrogen Inc., which holds mineral rights in Michigan’s Upper Peninsula, marking Pulsar’s entry into this region. This strategic acquisition, valued at US$80,000 in an all-share transaction, aligns with Pulsar’s growth strategy by expanding its exploration portfolio while preserving cash for its flagship Topaz project. The move leverages Pulsar’s expertise in helium exploration and positions the company to capitalize on Michigan’s established regulatory framework, potentially enhancing its long-term resource base.
More about Pulsar Helium, Inc.
Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange, the TSX Venture Exchange, and the OTCQB. The company focuses on helium project development, with key projects including the Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is a pioneer in identifying primary helium occurrences not linked to hydrocarbon production in these regions.
See more data about PLSR stock on TipRanks’ Stock Analysis page.