Pulsar Helium filed a preliminary prospectus with Canadian regulatory authorities, announcing a proposed IPO consisting of a minimum of 10 mm units and a maximum of 20 mm units at a price of C$0.30 per unit, aiming to raise gross proceeds of C$3-6 mm. Each unit includes one common share and one common share purchase warrant. The offering will be managed by Haywood Securities Inc. Previously, Pulsar has raised C$2.9mm through a private placement but had made clear its intentions of an IPO by 2023.
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