Pulsar Helium announces proposed acquisition of Michigan Helium exploration assets

* Pulsar Helium (TSXV:PLSR:CA [https://seekingalpha.com/symbol/PLSR:CA]) (OTCQB:PSRHF [https://seekingalpha.com/symbol/PSRHF]) has signed a non-binding term sheet to acquire 100% of Hybrid Hydrogen in an all-share transaction, it said [https://seekingalpha.com/pr/20279678-pulsar-helium-announces-proposed-acquisition-of-michigan-helium-exploration-assets]on Monday.
* The proposed transaction is structured as an all-share deal with a total value of $80,000 payable in Pulsar common shares.
* Hybrid’s primary asset is a lease agreement covering approximately 6,742 acres of mineral rights in Michigan’s Upper Peninsula, targeting non-hydrocarbon gases.
* This strategic acquisition marks Pulsar’s first entry into Michigan, a jurisdiction with a well-established gas regulatory framework now being applied to helium exploration, and forms part of the company's broader initiative to expand its Upper Midwest footprint.

MORE ON PULSAR HELIUM INC.

* Financial information for Pulsar Helium Inc. [https://seekingalpha.com/symbol/PLSR:CA/income-statement]