On January 17, 2024, Pulsar Helium Inc. closed the transaction. The Company paid aggregate cash finder?s fees of CAD 27,090 to arm?s length finders in connection with a portion of the transaction. The transaction included participation from a new investor, Abcrescent B.v. for an aggregate of 7,000,000 units, and the proceeds corresponding thereto, have been placed into escrow pending receipt of approval from the TSX Venture Exchange, with respect to personal information filed by such subscriber in connection with it becoming insiders of the company.

The units and proceeds held in escrow will be released on the exchange?s approval and clearance following the completion of the review of the applicable personal information. No finder?s fees were paid in connection with the investment by Abcrescent B.v. All securities issued in the transaction will be subject to a hold period of four months plus one day from the date of issuance.