Pulsar Helium Accepts Proposal for Equipment Supply for Rare Gas Hub Project

06:01 AM EDT, 10/01/2026 (MT Newswires) -- Pulsar Helium (PLSR.V) said Thursday its unit signed and accepted a proposal from Baker Hughes unit Chart Energy & Chemicals for the staged supply of equipment for Pulsar's proposed Rare Gas Hub in Minnesota, valued at $85.5 million. The project includes a helium purification and liquefaction plant with a capacity of 7.5 million liters of liquid helium per year; and a carbon dioxide plant with a capture capacity of 300 tonnes per day. An upfront payment of $5.025 million is payable upon signing and TSX Venture Exchange approval. A next-stage payment of $8.55 million is scheduled for Jan. 31, 2027.