Latest news with #BenjaminAsuncion
Yahoo
13-05-2025
- Business
- Yahoo
Primary Hydrogen Commences Exploration at Dove Creek
CALGARY, AB / / May 13, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) ("Primary" or the "Company") is pleased to announce the initiation of its Phase 1 exploration program at the Dove Creek project in Colorado, USA. This program marks a significant step in evaluating the potential for natural hydrogen resources in the region, utilizing advanced hyperspectral imaging and AI-driven data analysis to help identify high-priority targets for subsequent field exploration. "We are excited to launch this exploration program at Dove Creek, a project with significant potential for natural hydrogen discovery," said Benjamin Asuncion, CEO of Primary Hydrogen. "The use of hyperspectral imaging will provide critical insights into the area, allowing us to efficiently target our future exploration efforts. This program underscores our commitment to leveraging cutting-edge technology to position Primary Hydrogen as a leader in the emerging natural hydrogen sector." Dove Creek Project, Colorado Located in southwestern Colorado near the Colorado-Utah border, the Dove Creek project lies within the Paradox Basin, proximal to the San Juan Basin to the south and the Uinta-Piceance Basin to the north. The project's prospectivity is driven by the potential for natural hydrogen generation through radiolysis of uranium-rich basement rocks. Deep-seated fault systems in the region serve as migration pathways for hydrogen, which may accumulate in structural or stratigraphic traps. Geophysical data highlight strong gravity anomalies aligned with fault structures and magnetic anomalies tied to deep crustal features. The presence of helium wells in the area further supports active subsurface gas migration, enhancing the project's hydrogen potential. About Primary Hydrogen Corp. Primary Hydrogen is dedicated to the exploration and development of natural hydrogen resources. With over 740 acres in the U.S. and 210 square kilometers across Canada, the Company's portfolio includes the Blakelock, Hopkins, Mary's Harbour, Point Rosie, Crooked Amphibolite, Coquihalla, and Cogburn projects. Primary also holds the Arthur Lake copper project in British Columbia. -- FOR FURTHER INFORMATION PLEASE CONTACT: Ben AsuncionChief Executive OfficerPrimary Hydrogen ben@ 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. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this news release only. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes, but is not limited to, statements regarding the potential for natural hydrogen discovery at the Dove Creek project, the effectiveness of hyperspectral imaging and AI-driven data analysis in identifying high-priority exploration targets, the anticipated outcomes of the Phase 1 exploration program, and the Company's ability to position itself as a leader in the natural hydrogen sector. Although the Company believes, in light of the experience of its officers and directors, current conditions, and expected future developments, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the Company can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release, including assumptions regarding the geological prospectivity of the Dove Creek project, the reliability and accuracy of hyperspectral imaging and AI-driven data analysis, and the Company's ability to successfully execute its exploration program. These forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to, risks associated with the accuracy of geological and geophysical data, the effectiveness of exploration technologies, inherent risks associated with the mining and hydrogen exploration industry, stock market volatility, capital market fluctuations, general market and industry conditions, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis filed under the Company's SEDAR+ profile at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information, or financial outlook that is incorporated by reference herein, except in accordance with applicable securities laws. SOURCE: Primary Hydrogen Corp. View the original press release on ACCESS Newswire
Associated Press
14-04-2025
- Business
- Associated Press
Primary Hydrogen Partners With INRS on Natural Hydrogen in Canada
CALGARY, AB / ACCESS Newswire / April 14, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) (the 'Company' or 'Primary'), a leading exploration company focused on identifying and developing natural hydrogen resources, is pleased to announce the partnership with Institut national de la recherche scientifique ('INRS') to advance natural hydrogen exploration in Canada. The Company has partnered with INRS in connection with a research grant to study hydrogen sampling techniques. 'INRS is at the forefront of the scientific advancement of natural hydrogen in Canada, following the publication of six research reports last year' commented Benjamin Asuncion, CEO of Primary Hydrogen. 'Partnership with INRS to pioneer hydrogen exploration allows us to leverage both the compendium of expertise and external funding to explore our Canadian asset portfolio.' The partnership will allow fine-tuning and field-validating soil gas sampling techniques that were developed by the INRS team in the laboratory. These methods developed are critical to ensure that the scientific and exploration community reports robust and comparable data. In addition, the partnership will allow field measurement of soil gas H2 in promising geological settings in Eastern Canada, with the project anticipated to be completed in Q2/2025. About INRS The Institut National de la Recherche Scientifique (INRS) is a leading research and training institution in Canada, dedicated to advancing scientific knowledge and technological innovation. As part of the Université du Québec network, INRS focuses on applied and fundamental research in strategic sectors, including energy, environment, health, and advanced technologies. Through interdisciplinary collaboration and cutting-edge facilities, INRS fosters innovation that addresses societal challenges and supports sustainable development. For more information, visit About Primary Hydrogen Corp. Primary Hydrogen is committed to pioneering the natural hydrogen sector, leveraging cutting-edge exploration techniques to identify and develop sustainable energy solutions. The Company has an extensive portfolio of properties covering over 740 acres in the USA and 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Mary's Harbour project in Labrador, the Point Rosie project in Newfoundland, and the Crooked Amphibolite, Coquihalla, and Cogburn projects in British Columbia. The Company also holds the Arthur Lake copper project in British Columbia. FOR FURTHER INFORMATION PLEASE CONTACT: Ben Asuncion Chief Executive Officer Primary Hydrogen Corp. Email: [email protected] 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. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this news release only. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budgets', 'scheduled', 'estimates', 'forecasts', 'predicts', 'projects', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking information in this news release includes, but is not limited to, the anticipated effects of the Shares' quotation on the FSE and OTCQB. Although the Company believes, in light of the experience of their officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to, the risk that the quotation of the Shares on the FSE and the OTCQB do not have the anticipated effects, inherent risks associated with the mining industry and the results of exploration activities and development of mineral properties, stock market volatility and capital market fluctuations, general market and industry conditions, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis filed under the Company's SEDAR+ profile at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. SOURCE: Primary Hydrogen Corp. press release
Associated Press
12-03-2025
- Business
- Associated Press
Primary Hydrogen Announces US Expansion with Project Acquisition
VANCOUVER, BC / ACCESS Newswire / March 12, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) (the 'Company' or 'Primary'), a leading exploration company focused on identifying and developing natural hydrogen resources, is pleased to announce its expansion into the United States of America ('USA') through its acquisition of the Dove Creek project. The Company has been working with several consultants to evaluate opportunities throughout the USA that are prospective to host significant accumulations of natural hydrogen. A number of regions throughout the continental United States have been identified based on prospectivity for natural hydrogen systems by comprising a source, reservoir and seal. The Dove Creek hydrogen project in Colorado represents the first project acquisition as part of a systematic expansion of the Company's project portfolio into the USA. 'Recognizing the importance of a US project portfolio in order to serve the largest market in North America, this acquisition represents the first stage of execution on our US expansion strategy' commented Benjamin Asuncion, CEO of Primary Hydrogen. 'The combination of a viable hydrogen source, structural migration pathways, and supporting geophysical evidence positions Dove Creek as a significant target for further natural hydrogen assessment and exploration.' Dove Creek Project, Colorado The Dove Creek project is located in southwestern Colorado near the Colorado-Utah border within the borders of the Paradox Basin and near the San Juan Basin to the south and the Uinta-Piceance Basin to the north. The prospectivity of the project is underscored by the potential for natural hydrogen generated by radiolysis of uranium-rich basement rocks. The presence of deep-seated fault systems in the region provides potential migration pathways for hydrogen, which may accumulate in structural or stratigraphic traps. Geophysical data reveal strong gravity anomalies corresponding to fault structures and magnetic anomalies linked to deep crustal features. Additionally, the presence of helium wells in the area indicates active subsurface gas migration, a factor that could be favorable for hydrogen prospectivity. The Dove Creek project is comprised of 744 acres of mineral claims within the Bureau of Land Management which allows the Company to undertake initial exploration and evaluation of the region while contemporaneously expanding and securing additional rights for hydrogen production. Peter Lauder, (ON), VP Exploration at Primary Hydrogen Corp., is the Qualified Person under National Instrument 43-101 who has reviewed and approved the technical content of this news release. About Primary Hydrogen Corp. Primary Hydrogen is committed to pioneering the natural hydrogen sector, leveraging cutting-edge exploration techniques to identify and develop sustainable energy solutions. The Company has an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Mary's Harbour project in Labrador, the Point Rosie project in Newfoundland, and the Crooked Amphibolite, Coquihalla, and Cogburn projects in British Columbia. The Company also holds the Arthur Lake copper project in British Columbia. FOR FURTHER INFORMATION PLEASE CONTACT: Ben Asuncion Chief Executive Officer Primary Hydrogen Corp. 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. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this news release only. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budgets', 'scheduled', 'estimates', 'forecasts', 'predicts', 'projects', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking information in this news release includes, but is not limited to, the potential for natural hydrogen at the Dove Creek project and the acquisition of additional rights in the region of the Dove Creek project including, but not limited to, oil and gas leases. Although the Company believes, in light of the experience of their officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to, the risk that the Company will not be successful in identifying natural hydrogen at the Dove Creek project or, even if natural hydrogen is identified, the risk that it may not be able to be economically extracted, the risk that the Company is not able to secure the rights to the extraction of natural hydrogen at the Dove Creek project through the acquisition of oil and gas leases,inherent risks associated with the mining industry and the results of exploration activities and development of mineral properties, stock market volatility and capital market fluctuations, general market and industry conditions, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis filed under the Company's SEDAR+ profile at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.
Associated Press
05-02-2025
- Business
- Associated Press
Primary Hydrogen Provides Update on Exchange Listings
VANCOUVER, BC / ACCESS Newswire / February 5, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) (the 'Company' or 'Primary') is pleased to provide an update on the various exchanges for which the Company's shares are quoted. The Company's shares currently trade on the Frankfurt Stock Exchange (the 'FSE') under the symbol '83W0" and on the OTCQB Venture Market (the 'OTCQB') under the symbol 'HNATF', in addition to the TSX Venture Exchange under the symbol 'HDRO'. 'The quotation on both the FSE and the OTCQB is anticipated to increase visibility and accessibility in the United States and European markets', commented Benjamin Asuncion, CEO of Primary. 'The focus in cross listing the Company's securities was aimed at increasing the shareholder base and liquidity, in addition to making the shares more accessible to investors around the world'. Frankfurt Stock Exchange The FSE is operated by Deutsche Börse AG and is based in Frankfurt, Germany. The FSE connects companies to a wide network of international investors, offering high liquidity and a transparent regulatory environment. It grants companies with access to European and global capital markets, creating significant opportunities to expand their investor base. The FSE is one of the world's largest (behind only the Nasdaq Stock Market and the New York Stock Exchange) organized exchange-trading markets in terms of turnover and dealings in securities. The listing of the Shares on the FSE is expected to broaden the awareness of, and facilitate investment in, Primary by European investors in major financial hubs through its FSE listing. OTCQB Venture Market The OTCQB Venture Market provides an established platform for early-stage and growth companies to enhance their visibility in the United States market. Companies listed on OTCQB must meet rigorous reporting standards, undergo annual verification, and comply with management certification requirements, providing investors with a trusted market for trading. Real-time quotes and market information on Primary can be found at The Company's shares are also eligible for electronic clearing and settlement in the United States through the Depository Trust Company ('DTC'). Depository Trust Company DTC eligibility reduces costs and accelerates the settlement process for investors and brokers in the United States, allowing the Shares to be traded more easily across a wider range of U.S. brokerage firms by fulfilling their compliance requirements. About Primary Hydrogen Corp. Primary Hydrogen Corp. is a natural hydrogen exploration company with an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Mary's Harbour project in Labrador, the Point Rosie project in Newfoundland, and the Crooked Amphibolite, Coquihalla, and Cogburn projects in British Columbia. The Company also holds the Arthur Lake copper project in British Columbia. -- FOR FURTHER INFORMATION PLEASE CONTACT: Ben Asuncion Chief Executive Officer Primary Hydrogen Corp. 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. CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this news release only. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budgets', 'scheduled', 'estimates', 'forecasts', 'predicts', 'projects', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking information in this news release includes, but is not limited to, the anticipated effects of the Shares' quotation on the FSE and OTCQB. Although the Company believes, in light of the experience of their officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to, the risk that the quotation of the Shares on the FSE and the OTCQB do not have the anticipated effects, inherent risks associated with the mining industry and the results of exploration activities and development of mineral properties, stock market volatility and capital market fluctuations, general market and industry conditions, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis filed under the Company's SEDAR+ profile at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.
