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Pulsar Helium announces brokered private placement

Pulsar Helium (TSXV:PLSR:CA) on Monday said it is arranging a brokered private placement of up to 19.73 million common shares of the company to select U.S. based investors at $0.38 per share to raise up to $7.5 million. The company said it will primarily use net proceeds to accelerate the strategic plan for the exploration and development at its Topaz project in Minnesota and to reach a final investment decision (FID) for the construction of a combined helium and CO2 production facility.PLSR:CA closed +5.71% at $0.74.Source: Press Release

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