Admission: Pulsar Helium Inc
Pulsar Helium Inc. (Pulsar) is a helium project development company with operations located in the United States of America and Greenland.
Upon admission to AIM, Pulsar has raised total gross funds of £5 million, consisting of a £1,125 million pre-IPO cornerstone investment and a fundraising of £3,875 million.
The net proceeds of the fundraising alongside Pulsar’s existing cash resources are expected to be used primarily to accelerate the development of Pulsar’s flagship Topaz helium project in Minnesota. This will involve additional drilling to deepen the Jetstream #1 well, acquiring more seismic studies, completing a preliminary economic assessment and covering general working capital needs.
Crowe's Role and Team
Crowe acted as reporting accountant on the transaction. Our Capital Markets team was led by Paul Blythe, supported by Ferdia McCarville and David Major.
Client quote
"It was a pleasure working with the Crowe Capital Markets team on our UK listing. We were pleased with their commercial and professional approach, which allowed us to proceed quickly and efficiently. This transaction marks an important step in Pulsar’s development and provides an excellent platform for future growth."
Thomas Abraham-James, CEO, Pulsar Helium Inc.
