On January 20, 2026, Oscillate PLC received 145,434 common shares from Pulsar Helium in satisfaction of the third monthly tranche in their all-share option agreement, representing US$80,000 at a volume-weighted average price (VWAP) of C$0.7556. Earlier, on December 18, 2025, the company secured two tranches totaling 292,560 shares for US$160,000 at VWAPs of C$0.7797 and C$0.7543. These share issuances provide Oscillate with immediate value while preserving upside exposure to the combined helium-hydrogen venture over the next five months.

Under the transaction, Oscillate PLC is positioned to benefit from two additional monthly share tranches—each valued at US$80,000—once Pulsar issues them between February and May 2026, securing 80% ownership of Quantum Hydrogen Inc. Furthermore, Oscillate retains a standalone option to divest the remaining 20% stake for US$400,000 in five US$80,000 instalments, exercisable until May 3, 2027. All Consideration Shares are subject to a four-month-and-one-day statutory hold period, ensuring share stability post-issuance.

Quantum Hydrogen, the 100% Oscillate-owned subsidiary at the center of this deal, offers technology integration potential with Pulsar’s primary helium assets in Minnesota and Greenland. By monetizing early-stage intellectual property through share-based compensation, Oscillate PLC conserves cash while retaining substantial future economic interest. Investors should weigh the potential dilution against the prospect of unlocking value from combined helium and green-hydrogen developments over the next 18 months.