Pulsar Helium FY26 nine-month net loss widens to $19.37 million; revenue flat at no revenue

Reuters2026/08/27 06:01

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Pulsar Helium posted a net loss of $19.37 million for the nine months ended June 30, 2026, widening from $8.52 million.
Loss per share widened to $0.11 from $0.07; revenue was nil.
Total assets rose to $9.17 million from $1.88 million, while total liabilities fell to $975,349 from $5.6 million.
Exploration and evaluation spending totaled $8 million, tied to drilling five appraisal wells at the Topaz Project in Minnesota.
CEO Thomas Abraham-James said the recent fundraise aims to accelerate the shift toward production planning at Topaz, including additional wells and infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pulsar Helium Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608270200PRIMZONEFULLFEED9816919) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pulsar Helium FY26 nine-month net loss widens to $19.37 million; revenue flat at no revenue

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