B&C helps Pulsar Helium float with highly successful fundraise at IPO

24/10/2024

We’re delighted to have helped Pulsar Helium with its highly successful IPO and Admission to AIM. The company raised £3.9m which, together with a £1.125m pre-IPO cornerstone funding in August, gives it £5m for growth and investment. The fundraising was oversubscribed by more than 50%.

Pulsar Helium is a Canadian-based helium exploration and development company already listed on the Toronto Stock Exchange and on the OTC venture market in the US. The company will maintain these listings alongside its new AIM market listing.

Thomas Abraham-James, Helium’s President and CEO, said: “We are excited to announce our first day of dealings on the AIM market, a significant milestone for Pulsar that opens new avenues for growth and investment. This listing offers UK investors the opportunity to be part of Pulsar’s journey as we aim to become a strategic supplier of green helium, a resource that is increasingly vital for the technologies of today and tomorrow.”

Our very best wishes and congratulations to the company in achieving this significant milestone and our thanks to our wonderful clients at Strand Hanson, who acted as nominated and financial adviser to Pulsar; OAK Securities, who acted as broker; and Gowling WLG, who acted as legal adviser.

If you'd like to find out how we can help ensure the success of your IPOs, chat with us today: hello@blackandcallow.com

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