Pulsar Helium has announced plans to buy full control of early stage exploration firm Hybrid Hydrogen in an all-share transaction worth $80,000.
Hybrid Hydrogen’s primary asset is a lease agreement covering approximately 6,742 acres of mineral rights in Michigan’s Upper Peninsula targeting non-hydrocarbon gases.
This strategic acquisition would mark Pulsar’s first entry into Michigan, a jurisdiction with a well-established gas regulatory framework now being applied to helium exploration, and forms part of the company’s broader initiative to expand its Upper Midwest footprint.
The proposed all-share deal would preserve cash for ongoing work at Pulsar’s Topaz project in Minnesota while enabling strategic expansion.
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