Latest news with #Jetstream
Yahoo
3 days ago
- Climate
- Yahoo
More hazy skies Tuesday from Canada wildfire smoke
We have been dealing with hazy and smoky skies since the weekend across north Georgia. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] That smoke is coming from wildfires, many of them uncontrolled, over the prairies of central Canada. As of Saturday, there were 77 uncontrolled fires burning across Canada. The alignment of the Jetstream is pushing that smoke right down here toward Georgia. Severe Weather Team 2 Meteorologist Brian Monahan pointed out thick areas of smoke in the upper levels of the atmosphere above us, but not so much on the ground. That's why we are not smelling it, and it is not causing significant air quality issues. The smoke is going to continue to hang out into Tuesday and will filter the sunshine. By Wednesday, the upper-level wind will start to carry that smoke away from us, and we will gradually see more of the blue sky. Severe Weather Team 2 will have forecast updates, as rain returns later this week, on Channel 2. [SIGN UP: WSB-TV Daily Headlines Newsletter]
Miami Herald
29-05-2025
- Business
- Miami Herald
Pulsar Announces Financial and Operating Results for the Six Months Ended March 31, 2025
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. CASCAIS, PORTUGAL / ACCESS Newswire / May 29, 2025 / Pulsar Helium Inc. (AIM:PLSR)(TSXV:PLSR)(OTCQB:PSRHF) ("Pulsar" or the "Company"), the helium project development company, is pleased to announce its financial and operating results for the six months ended March 31, 2025 (the "Period"). Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and related management's discussion and analysis (the "MD&A") for the Period, which are available on the Company's website at and the Company's SEDAR+ profile at All figures are in US dollars ("US$") unless otherwise stated. The Company's primary focus is the exploration and development of the Topaz Project, located in northern Minnesota, USA, close to the Canadian border. The Company's assets within the Topaz Project comprise leases of private mineral rights over a total of 5,979 gross acres in Minnesota, where the State of Minnesota passed new helium-targeted legislation in May 2024 providing increased certainty of developing the project. The Topaz Project comprises primarily helium (with the gas not being a by-product of hydrocarbon production), representing a more sustainable development project. Operational Highlights in the Period On January 13, 2025, the Company announced the successful completion of the deepening operation for the Jetstream #1 appraisal well. The drilling operation reached total depth ("TD") of 5,100 feet (1,555 metres) on January 11, 2025, successfully penetrating the entire interpreted helium-bearing reservoir and February 3, 2025, the Company announced the successful completion of a drilling operation at the Jetstream #2 appraisal well, reaching total depth of 5,638 feet (1,718 metres) on February 1, 2025. Mud log data reported helium levels up to 3.5%, which were proved to be contaminated with air and uncontaminated samples, once collected, are expected to report higher and truer February 20, 2025, the Company announced that down-hole testing equipment is scheduled to mobilise to site on February 24, 2025. The tools consist of an optical televiewer and LithoScanner, both of which will be run on both the Jetstream #1 and #2 appraisal wells. These tests will further refine the Company's understanding of the reservoir properties and production April 28, 2025, the Company announced that pressure and flow testing operations were conducted on the Jetstream #1 and Jetstream #2 appraisal wells with well-head pressure at both being highly encouraging, reaching 122 pounds per square inch gauge ("PSIG") at Jetstream #1 and 151 PSIG at Jetstream #2. Well-head pressure at Jetstream #2 is greater than Jetstream #1 was in February 2024 (145 PSIG) when it achieved a flow rate of 821,000 cubic feet per day, under well-head flow testing activities, it was discovered that drilling fines (rock dust) created by the air drilling method (that pulverizes the rock) were present within fractures and partially coating the wellbore wall. The creation of drilling fines is commonplace when air drilling. Although gas flow may be restricted, pressure communication still occurs (albeit also constrained) which is why the Company was unaware of the restricted flow until testing Company has performed a preliminary clean-up on both wells to mobilise the drilling fines, achieving improved flow results, demonstrating that the drilling fines are mobile and can be removed. Despite the currently restricted conditions, stable and consistent flow rates were achieved with both wells flowing natural flow and on flow testing of both wells will commence when clean-up is complete and the drilling fines have been removed. Financial Summary for the Period Loss for the Period was $7,118,554 and comprises:Administration costs of $1,955,208 (which includes non-cash share-based compensation of $299,943 and non-cash depreciation of $26,489).Exploration and evaluation expenditures of $5,771,409 relate to the deepening of Jetstream #1 and drilling of Jetstream #2 at the Topaz project as described fees of $355,003 related to Admission.A non-cash gain on revaluation of warrant liability of $963, and Cash Position: $1,659,888 at March 31, October 18, 2024, the Company's common shares commenced trading (the "Admission") on the AIM market of the London Stock Exchange plc ("AIM") under the symbol PLSR. Concurrent with Admission, the Company completed of a total gross funding of £5 million which included the £1.125 million cornerstone investment completed in August January 9 and March 21, 2025, the Company completed a brokered private placement, in two tranches, for gross proceeds of $2,427,498 which included participation from high net worth and institutional investors from the USA, including University Bancorp, Inc. ("University Bancorp") that now holds 4.93% of the issued and outstanding common shares of the April 2025, the Company entered into a project financing facility line of credit note with University Bancorp, pursuant to which University Bancorp has extended the Company a $4,000,000 project finance facility (the "Facility"). In April and May, 2025, the Company drew, in aggregate, $2,000,000 of the Facility. Selected Financial Results * During the Period, the Company recorded a non-cash gain on revaluation of warrant liability of $963,066 (2024 - loss of $13,037,216) Thomas Abraham-James, President & CEO of Pulsar, commented: "We are extremely encouraged by the progress made at the Topaz Project during the first half of 2025. The successful drilling and flow testing of both Jetstream #1 and #2 appraisal wells, along with the positive well-head pressures recorded, reinforce the significant potential of our Topaz primary helium project. With the support of recent project financing and ongoing technical advancements, Pulsar is well-positioned to unlock further value for our shareholders and advance towards sustainable helium production." Marketing Engagement and Clarification on Marketing Engagement The Company also announces the engagement of Oak Hill Financial Inc. (the "Oak Hill Engagement"). Oak Hill Financial Inc. ("Oak Hill") is a Toronto, Ontario, Canada based capital market advisory firm that provides advisory and capital markets services to private and public growth companies. The Company signed an agreement with Oak Hill on May 28, 2025, for a monthly fee of CAD$7,200, to be paid in cash, with the services commencing on June 2, 2025 (the "Effective Date"), and expiring 3 (three) months from the Effective Date, after which the agreement will renew on a month to month basis unless terminated by either party with five (5) days' notice. Oak Hill has advised the Company that it does not hold any securities of or other interest in the Company. Oak Hill and the Company are unrelated and unaffiliated entities. The Oak Hill Engagement remains subject to the approval of the TSX Venture Exchange. Further to the Company's news release dated April 7, 2025 which included an announcement of the Company's engagement of VSA Capital Limited ("VSA Capital"), the Company advises that it engaged VSA Capital on April 4, 2025, and not on April 1, 2025, as previously disclosed. The Company also clarifies that it paid VSA Capital the £5,000 annual cash fee in full and in advance of VSA Capital providing services to the Company. All other terms relating to the engagement between the Company and VSA Capital remain unchanged and are as previously disclosed. On behalf Pulsar Helium Inc."Thomas Abraham-James"President, CEO and Director Further Information: Pulsar Helium 1 (218) 203-5301 (USA/Canada)+44 (0) 2033 55 9889 (United Kingdom) Strand Hanson Limited(Nominated & Financial Adviser, and Joint Broker)Ritchie Balmer / Rob Patrick / Richard Johnson+44 (0) 207 409 3494 OAK Securities*(Joint Broker)Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon Anadkat (Corporate Advisory)info@ 203 973 3678 BlytheRay Ltd(Financial PR)Megan Ray / Said Izagaren+44 207 138 3204 pulsarhelium@ *OAK Securities is the trading name of Merlin Partners LLP, a firm incorporated in the United Kingdom and regulated by the UK Financial Conduct Authority. About Pulsar Helium Inc. Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange and the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Qualified Person Signoff In accordance with the AIM Note for Mining and Oil and Gas Companies, the Company discloses that Thomas Abraham-James, President, CEO and Director of the Company has reviewed the technical information contained herein. Mr. Abraham-James has approximately 20 years in the mineral exploration industry, is a Chartered Professional Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM CP (Geo)), a Fellow of the Society of Economic Geologists and a Fellow of the Geological Society of London. Forward-Looking Statements This news release and the interview contains forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to the completion of the private placement, the independent resource estimate for helium and CO2 at Topaz; the potential of CO2 as a valuable by-product of the Company's future helium production; the potential impact of deepening Jetstream #1 and the potential impact of such deepening on the next iteration of the resource estimate; the potential impact of the results of Jetstream #2; and the potential for future wells. Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, the Company's capital cost estimates, management's expectations regarding the availability of capital to fund the Company's future capital and operating requirements and the ability to obtain all requisite regulatory approvals. No reserves have been assigned in connection with the Company's property interests to date, given their early stage of development. The future value of the Company is therefore dependent on the success or otherwise of its activities, which are principally directed toward the future exploration, appraisal and development of its assets, and potential acquisition of property interests in the future. Un-risked Contingent and Prospective Helium Volumes have been defined at the Topaz Project. However, estimating helium volumes is subject to significant uncertainties associated with technical data and the interpretation of that data, future commodity prices, and development and operating costs. There can be no guarantee that the Company will successfully convert its helium volume to reserves and produce that estimated volume. Estimates may alter significantly or become more uncertain when new information becomes available due to for example, additional drilling or production tests over the life of field. As estimates change, development and production plans may also vary. Downward revision of helium volume estimates may adversely affect the Company's operational or financial performance. Helium volume estimates are expressions of judgement based on knowledge, experience and industry practice. These estimates are imprecise and depend to some extent on interpretations, which may ultimately prove to be inaccurate and require adjustment or, even if valid when originally calculated, may alter significantly when new information or techniques become available. As further information becomes available through additional drilling and analysis the estimates are likely to change. Any adjustments to volume could affect the Company's exploration and development plans which may, in turn, affect the Company's performance. The process of estimating helium resources is complex and requires significant decisions and assumptions to be made in evaluating the reliability of available geological, geophysical, engineering, and economic date for each property. Different engineers may make different estimates of resources, cash flows, or other variables based on the same available data. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, that Pulsar may be unsuccessful in drilling commercially productive wells; the uncertainty of resource estimation; operational risks in conducting exploration, including that drill costs may be higher than estimates and the potential for delays in the commencement of drilling; commodity prices; health, safety and environmental factors; and other factors set forth above as well as under "Cautionary Note Regarding Forward Looking Statements and Market and Industry Data" and "Risk Factors" in the Final Prospectus dated July 31, 2023 filed on the Company's profile on Forward-looking statements contained in this news release are as of the date of this news release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. No assurance can be given that the forward-looking statements herein will prove to be correct and, accordingly, investors should not place undue reliance on forward-looking statements. Any forward-looking statements contained in this news release and interview are expressly qualified in their entirety by this cautionary statement. SOURCE: Pulsar Helium Inc.
Hamilton Spectator
28-04-2025
- Business
- Hamilton Spectator
Pulsar Helium Announces an Update for Well-Testing at the Topaz Helium Project in Minnesota
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. CASCAIS, Portugal, April 28, 2025 (GLOBE NEWSWIRE) — Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ('Pulsar' or the 'Company'), a primary helium development company, announces an update for well-testing activities at Jetstream #1 and Jetstream #2 at its flagship Topaz project in Lake County, Minnesota. Pressure and flow testing operations were conducted on the Jetstream #1 and #2 appraisal wells with well-head pressure at both being highly encouraging, reaching 122 PSIG* at Jetstream #1 and 151 PSIG at Jetstream #2. Well-head pressure at Jetstream #2 is greater than Jetstream #1 was in February 2024 (145 PSIG) when it achieved a flow rate of 821,000 cubic feet per day, under well-head compression. During flow testing activities, it was discovered that drilling fines (rock dust) created by the air drilling method (that pulverizes the rock) were present within fractures and partially coating the wellbore wall. The creation of drilling fines is commonplace when air drilling Although gas flow may be restricted, pressure communication still occurs (albeit also constrained) which is why the Company was unaware of the restricted flow until testing commenced. The Company has performed a preliminary clean-up on both wells to mobilise the drilling fines, achieving improved flow results, demonstrating that the drilling fines are mobile and can be removed. Despite the currently restricted conditions, stable and consistent flow rates were achieved under with both wells flowing natural flow and on compression. Further flow testing of the Jetstream wells will recommence when clean-up of the wells is complete and the drilling fines have been removed, all of which are anticipated to be completed in the next 6 - 10 weeks. Thomas Abraham-James, President & CEO of Pulsar, commented: ' We are pleased with these preliminary findings and look forward to being able to resume flow testing when the rock dust has been removed from the wells. Our technical team is taking the necessary measures to complete the clean-up and we will advise investors as soon as these works are complete and when testing will be resumed.' *PSIG = Pounds per Square Inch Gauge. Indicating how much pressure is above or below the local atmospheric pressure. About the Topaz Project The Topaz project is located in northern Minnesota, USA where Pulsar is the first mover and holds exclusive leases. Drilling at the Jetstream #1 appraisal well has now reached total depth ('TD') of 5,100 feet (1,555 metres) on January 11, 2025, successfully penetrating the entire interpreted helium-bearing reservoir and beyond. The Jetstream #1 appraisal well previously reached TD of 2,200 feet (671 metres) on February 27, 2024, identifying top-tier helium concentrations of up to 14.5%, well above the 0.3% widely accepted economic threshold, and CO2 concentrations exceeding 70% - with the latter expected to further contribute to the project economics. Drilling of, the Jetstream #2 appraisal well was completed on February 1, 2025, reaching a TD of 5,638 feet (1,718 metres). The deepening of Jetstream #1 and completion of the drilling of Jetstream #2 are pivotal steps in advancing Pulsar's strategy to address the increasing global demand for helium as the Company moves another step closer to production. On behalf Pulsar Helium Inc. 'Thomas Abraham-James' President, CEO and Director Further Information: Pulsar Helium Inc. connect@ + 1 (218) 203-5301 (USA/Canada) +44 (0) 2033 55 9889 (United Kingdom) . Strand Hanson Limited (Nominated & Financial Adviser, and Joint Broker) Ritchie Balmer / Rob Patrick / Richard Johnson +44 (0) 207 409 3494 OAK Securities* (Joint Broker) Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon Anadkat (Corporate Advisory) info@ +44 203 973 3678 BlytheRay Ltd (Financial PR) Megan Ray / Said Izagaren +44 207 138 3204 pulsarhelium@ *OAK Securities is the trading name of Merlin Partners LLP, a firm incorporated in the United Kingdom and regulated by the UK Financial Conduct Authority. About Pulsar Helium Inc. Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange and the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release and the interview contains forward-looking information within the meaning of Canadian securities legislation (collectively, 'forward-looking statements') that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as 'will likely result', 'are expected to', 'expects', 'will continue', 'is anticipated', 'anticipates', 'believes', 'estimated', 'intends', 'plans', 'forecast', 'projection', 'strategy', 'objective' and 'outlook') are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to the completion of the flow testing and pressure build up tests of Jetstream #1 and Jetstream #2, the timing of completion of the flow testing and pressure testing; the potential impact of the drill results, flow testing and pressure testing on the deepening of Jetstream #1, the drilling Jetstream #2 on the next iteration of the resource estimate; the potential of CO2 as a valuable by-product of the Company's future helium production; and the potential for future wells. Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, the Company's capital cost estimates, management's expectations regarding the availability of capital to fund the Company's future capital and operating requirements and the ability to obtain all requisite regulatory approvals. No reserves have been assigned in connection with the Company's property interests to date, given their early stage of development. The future value of the Company is therefore dependent on the success or otherwise of its activities, which are principally directed toward the future exploration, appraisal and development of its assets, and potential acquisition of property interests in the future. Un-risked Contingent and Prospective Helium Volumes have been defined at the Topaz Project. However, estimating helium volumes is subject to significant uncertainties associated with technical data and the interpretation of that data, future commodity prices, and development and operating costs. There can be no guarantee that the Company will successfully convert its helium volume to reserves and produce that estimated volume. Estimates may alter significantly or become more uncertain when new information becomes available due to for example, additional drilling or production tests over the life of field. As estimates change, development and production plans may also vary. Downward revision of helium volume estimates may adversely affect the Company's operational or financial performance. Helium volume estimates are expressions of judgement based on knowledge, experience and industry practice. These estimates are imprecise and depend to some extent on interpretations, which may ultimately prove to be inaccurate and require adjustment or, even if valid when originally calculated, may alter significantly when new information or techniques become available. As further information becomes available through additional drilling and analysis the estimates are likely to change. Any adjustments to volume could affect the Company's exploration and development plans which may, in turn, affect the Company's performance. The process of estimating helium resources is complex and requires significant decisions and assumptions to be made in evaluating the reliability of available geological, geophysical, engineering, and economic date for each property. Different engineers may make different estimates of resources, cash flows, or other variables based on the same available data. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward- looking statements. Such risks and uncertainties include, but are not limited to, that Pulsar may be unsuccessful in completing the flow testing and pressure testing of Jetstream #1 and Jetstream #2, in drilling commercially productive wells; the uncertainty of resource estimation; operational risks in conducting exploration, including that flow-testing, pressure testing and drill costs may be higher than estimates ; commodity prices; health, safety and environmental factors; and other factors set forth above as well as under 'Cautionary Note Regarding Forward Looking Statements and Market and Industry Data' and 'Risk Factors' in the AIM Admission Document published on October 14, 2024 found on the Company's web site at . Forward-looking statements contained in this news release are as of the date of this news release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. No assurance can be given that the forward-looking statements herein will prove to be correct and, accordingly, investors should not place undue reliance on forward-looking statements. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
New York Times
18-04-2025
- General
- New York Times
I Can't Believe I'm Now a Person Who Loves Erasable Pens
Earlier this year, I sat down in front of my brand-new day planner, excited to fill its crisp pages with my daily to-dos, upcoming appointments, and vacation plans. But when it came time to put pen to paper, I couldn't bring myself to write. My Laurel Denise Mini Horizontal Weekly Planner, a top pick in Wirecutter's planner guide, was just too pretty, and I didn't want to ruin it with scratch-outs, misspelled words, and smudged ink. Instead of rummaging through my junk drawer to find a stubby pencil to use instead, I turned to Wirecutter's guide to the best pens to see what our experts had to say about erasable ink. Although the Pilot FriXion Clicker Erasable Retractable Gel Pen is not an official pick, it's listed as the best option for anyone who's too nervous to commit to writing in pen. I bought a pack almost immediately. After years of using the Uni-ball Jetstream RT, Wirecutter's top-pick pen, I've become a bit of a pen snob, so I didn't expect to like using the FriXion pen. But desperate times called for desperate measures. If writing with an inferior pen meant that I could use my planner without getting a mini anxiety attack every time my plans changed, it would have to do. But surprisingly, I've fallen head over heels in love with the Frixion erasable pen. Not only does it write beautifully, but it has also given me a type of freedom I've never known from a pen. It has helped me find more joy in writing, planning, and even making mistakes. If committing to writing in pen makes you nervous, consider this erasable pen. It's the best one we've tested, with quick-drying ink and an easy-to-hold body, and it erases more cleanly than the other erasable pens we tested, too. The erasable pens I remember using when I was in high school in the late 2000s were laughably bad. They required a lot of pressure to transfer ink to paper, and even then, the ink came out faded and patchy, a pale imitation of the ink that flows from a real pen. The Pilot FriXion pen is not like that at all. It writes effortlessly, its ink dark and defined. This pen doesn't glide across the page as silkily as the Uni-ball Jetstream, but when I compared writing samples from the Jetstream against samples from the FriXion pen, I couldn't tell the difference—that's how similar the proprietary erasable ink is to permanent ink, which sinks into a page. (I found that this result is specific to the 0.7 mm tip, though; I also tried the 0.5 mm version of the Frixion pen and didn't like the way the thinner tip made the ink look faint on the page.) The Uni-ball Jetstream (top) used to be my favorite pen, but the Pilot FriXion 0.7 mm (bottom) has usurped its throne. The FriXion pen's ink is just as dark and smooth as the Jetstream's ink, with the added benefit of being erasable. Elissa Sanci/NYT Wirecutter The pen feels great in my hand, and the lightweight body is easy for me to grip during long journaling sessions. Unlike a traditional retractable pen, which typically has a clicker on the top of the writing instrument, the FriXion pen's clicker is the sliding clip that's attached to the barrel. The clicker is satisfyingly responsive, though at times I do find myself pressing the eraser out of habit when I want to expose the pen's tip. The eraser is on the top of the pen, intuitively placed in the same spot you would find a pencil eraser. It's made of smooth rubber that glides over the paper, gently providing enough friction to erase the ink (more on that below) without catching or tearing the paper. Although you can occasionally still see the imprint of your writing, the ink erases quite cleanly, and for the most part it disappears without a trace. To more easily erase large swaths of writing, I bought a separate Pilot FriXion eraser to supplement the pen's eraser nub. I first tried using a PaperMate Pink Pearl eraser that I already had for big erasing jobs, but it left patches of ink and didn't work as well as Pilot's proprietary eraser. The FriXion pen's nubby eraser gently cleans away your writing without snagging or tearing the page. Elissa Sanci/NYT Wirecutter Erasing ink—something that ought to be permanent—feels a bit like performing magic, but it's actually just science. The FriXion pen's proprietary thermosensitive ink reacts to extreme changes in temperature and turns invisible when exposed to heat. So when you rub an eraser over the ink, and the friction heats the ink to over 140 degrees Fahrenheit, it becomes invisible on the page and appears 'erased.' If your writing is ever accidentally exposed to high heat—for example, if you set a warm mug down on a page of handwritten erasable ink—you could risk losing your work. Don't worry, though: The ink reappears in temperatures under 14 degrees, so you can get it back by sticking it in the freezer for a few minutes. Naturally, I had to try out this magic—I mean science—for myself. After writing a little love note to my husband, I held a lighter up to the back of the page to heat it. The writing disappeared in an instant, and I gasped, delighted by this discovery. Using my erasable pen to send a silly secret message to my husband gave me the same thrill I feel when I'm reading a gripping spy novel. Elissa Sanci/NYT Wirecutter Then, giddy with anticipation to deliver my secret message, I handed the blank page to my husband and instructed him to put it in the freezer. He, too, was delighted when we opened the freezer 10 minutes later to see that my words had reappeared seemingly out of nowhere. Even though I knew there was a scientific explanation for the reappearing ink, a small part of me couldn't help but think magic was real when I opened the freezer to find that the once-invisible message had rematerialized. Elissa Sanci/NYT Wirecutter Though I'm not sure how often I'll use these pens to write secret messages, the fact that I'm able to make words disappear and then reappear tickles me to no end. It's the closest I'll get to fulfilling my fantasies of being the secret agent who uncovers a hidden message crucial to the plot in a spy movie. But the real magic of the Pilot FriXion pen is that it eases the worries of an anxious, indecisive overthinker like me. There's something liberating about writing with a pen that offers the fluidity of ink without the permanence of mistakes. My planner is no longer a battlefield of scratched-out regrets but a space where plans can shift, change, and evolve—just like life. Three months later, I still find myself reaching for the FriXion pen over any other. It's the only pen I want to use when writing in a brand-new notebook. It makes writing messages in greeting cards less daunting. It's the perfect crossword puzzle partner. And some folks have found that the pen makes a great sewing tool, since you can use it to mark up fabric and then easily wash that away. (However, you should never use an erasable pen to fill out official forms, tests, or checks.) The FriXion pen's grippy finger rest makes it easier to hold for longer writing sessions. Elissa Sanci/NYT Wirecutter FriXion erasable pens don't last as long as standard pens. Pilot says that this is because, in contrast to the permanent ink of ballpoint or rollerball pens, more erasable ink needs to be applied to the writing surface in order to appear. I've noticed that after about a month of consistent use, the FriXion pen starts to run dry. But unlike other ballpoint pens, FriXion pens are refillable. Ink refills are sold separately, and swapping out the ink is fast and easy. I like that I don't have to chuck the whole pen in the trash when it runs dry. Plus, Pilot offers a range of different FriXion refill colors and tip sizes, and all refills are interchangeable across the lineup, no matter which model you have. I've become so smitten with the idea of erasable ink that I even decided to buy packs of Pilot's FriXion erasable highlighters and Frixion markers, too. Whereas old erasable pens were weak, scratchy, and unreliable, the Pilot FriXion pen is bold, smooth, and actually erases cleanly. In proving that you don't have to sacrifice quality for convenience, it has made me completely rethink erasable pens. So many things in life are permanent, but with the FriXion erasable pen, at least your ink doesn't have to be. It's a small but satisfying reminder that not everything needs to be set in stone—sometimes, all you need is a little flexibility, the chance for a fresh start, and the right pen to make it happen. This article was edited by Hannah Rimm and Megan Beauchamp. The Uni-ball Jetstream RT is the best pen for most people. It's affordable and quick to dry. And it writes smoothly and won't skip or bleed. A paper planner can keep you organized and on track with your goals, and we have six different recommendations that will suit any planning style. Crossword-solving elites don't use any old pencil to fill out a grid. Here's why the Pentel Twist-Erase III mechanical pencil is a go-to for scores of solvers. Paper Mate Flair Felt Tip Pens are drying out more quickly than before, and we wanted to know why.
Yahoo
02-04-2025
- Business
- Yahoo
Pulsar Helium Announces the Commencement of Well-Testing at the Topaz Helium Project in Minnesota
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. CASCAIS, Portugal, April 02, 2025 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ('Pulsar' or the 'Company'), a leading helium project development company, is pleased to announce the commencement of well-testing activities at Jetstream #1 and Jetstream #2 at its flagship Topaz project in Lake County, Minnesota. Well-testing activities are expected to occur in two sequential phases, the initial phase will focus on flow testing at the Jetstream #1 and Jetstream #2 appraisal wells, followed by a second phase of extended pressure build-up monitoring. The initial phase of flow testing began on April 1, 2025, and is expected to continue over approximately four weeks. The second phase will consist of extended pressure build-up monitoring through the end of June 2025. The well-testing program data is needed to prepare a resource update. Thomas Abraham-James, President & CEO of Pulsar, commented: 'The commencement of well-testing activities at the Jetstream #1 and #2 wells at our Topaz helium project in Minnesota is a significant milestone. Flow, pressure and gas sample data will be collected and will build upon the drilling success achieved at Topaz to date. We look forward to keeping the market updated with progress.' About the Topaz Project The Topaz project is located in northern Minnesota, USA where Pulsar is the first mover and holds exclusive leases. Drilling at the Jetstream #1 appraisal well has now reached total depth ('TD') of 5,100 feet (1,555 metres) on January 11, 2025, successfully penetrating the entire interpreted helium-bearing reservoir and beyond. The Jetstream #1 appraisal well previously reached TD of 2,200 feet (671 metres) on February 27, 2024, identifying top-tier helium concentrations of up to 14.5%, well above the 0.3% widely accepted economic threshold, and CO2 concentrations exceeding 70% - with the latter expected to further contribute to the project economics. Drilling of, the Jetstream #2 appraisal well was completed on February 1, 2025, reaching a TD of 5,638 feet (1,718 metres). The deepening of Jetstream #1 and completion of the drilling of Jetstream #2 are pivotal steps in advancing Pulsar's strategy to address the increasing global demand for helium as the Company moves another step closer to production. On behalf Pulsar Helium Inc. 'Thomas Abraham-James'President, CEO and Director Further Information: Pulsar Helium + 1 (218) 203-5301 (USA/Canada)+44 (0) 2033 55 9889 (United Kingdom) Strand Hanson Limited (Nominated & Financial Adviser, and Joint Broker)Ritchie Balmer / Rob Patrick / Richard Johnson+44 (0) 207 409 3494 OAK Securities* (Joint Broker)Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon Anadkat (Corporate Advisory)info@ 203 973 3678 BlytheRay Ltd(Financial PR) Megan Ray / Said Izagaren+44 207 138 3204 pulsarhelium@ *OAK Securities is the trading name of Merlin Partners LLP, a firm incorporated in the United Kingdom and regulated by the UK Financial Conduct Authority. About Pulsar Helium Inc. Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange and the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release and the interview contains forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to the completion of the flow testing and pressure build up tests of Jetstream #1 and Jetstream #2, the timing of completion of the flow testing and pressure testing; the potential impact of the drill results, flow testing and pressure testing on the deepening of Jetstream #1, the drilling Jetstream #2 on the next iteration of the resource estimate; the potential of CO2 as a valuable by-product of the Company's future helium production; and the potential for future wells. Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, the Company's capital cost estimates, management's expectations regarding the availability of capital to fund the Company's future capital and operating requirements and the ability to obtain all requisite regulatory approvals. No reserves have been assigned in connection with the Company's property interests to date, given their early stage of development. The future value of the Company is therefore dependent on the success or otherwise of its activities, which are principally directed toward the future exploration, appraisal and development of its assets, and potential acquisition of property interests in the future. Un-risked Contingent and Prospective Helium Volumes have been defined at the Topaz Project. However, estimating helium volumes is subject to significant uncertainties associated with technical data and the interpretation of that data, future commodity prices, and development and operating costs. There can be no guarantee that the Company will successfully convert its helium volume to reserves and produce that estimated volume. Estimates may alter significantly or become more uncertain when new information becomes available due to for example, additional drilling or production tests over the life of field. As estimates change, development and production plans may also vary. Downward revision of helium volume estimates may adversely affect the Company's operational or financial performance. Helium volume estimates are expressions of judgement based on knowledge, experience and industry practice. These estimates are imprecise and depend to some extent on interpretations, which may ultimately prove to be inaccurate and require adjustment or, even if valid when originally calculated, may alter significantly when new information or techniques become available. As further information becomes available through additional drilling and analysis the estimates are likely to change. Any adjustments to volume could affect the Company's exploration and development plans which may, in turn, affect the Company's performance. The process of estimating helium resources is complex and requires significant decisions and assumptions to be made in evaluating the reliability of available geological, geophysical, engineering, and economic date for each property. Different engineers may make different estimates of resources, cash flows, or other variables based on the same available data. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward- looking statements. Such risks and uncertainties include, but are not limited to, that Pulsar may be unsuccessful in completing the flow testing and pressure testing of Jetstream #1 and Jetstream #2, in drilling commercially productive wells; the uncertainty of resource estimation; operational risks in conducting exploration, including that flow-testing, pressure testing and drill costs may be higher than estimates ; commodity prices; health, safety and environmental factors; and other factors set forth above as well as under "Cautionary Note Regarding Forward Looking Statements and Market and Industry Data" and "Risk Factors" in the AIM Admission Document published on October 14, 2024 found on the Company's web site at Forward-looking statements contained in this news release are as of the date of this news release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. No assurance can be given that the forward-looking statements herein will prove to be correct and, accordingly, investors should not place undue reliance on forward-looking statements. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary in to access your portfolio
