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Pulsar Helium Inc. has received the third tranche of shares from Serval Resources as part of a transaction where Serval divested 80% of its hydrogen assets for US$400,000 in Pulsar common shares. This transaction will be completed in five monthly tranches of US$80,000 each.

Additionally, Pulsar issued 145,434 common shares to Oscillate PLC on January 20, 2026, fulfilling the third tranche of an option to acquire 80% of Quantum Hydrogen Inc. The first and second tranches were completed on December 18, 2025, with 292,560 shares issued. Pulsar has the option to acquire the remaining 20% of Quantum by May 3, 2027, for US$400,000 in additional common shares, also in five monthly installments.