Latest news with #PrimaryHydrogen
Globe and Mail
07-07-2025
- Business
- Globe and Mail
Primary Hydrogen Announces LOI with Respect to Arthur Lake Property
Calgary, Alberta--(Newsfile Corp. - July 7, 2025) - Primary Hydrogen Corp. (TSXV: HDRO) (FSE: 83W0) (OTCQB: HNATF) (" Primary" or the " Company") is pleased to announce that it has entered into a non-binding letter of intent (the "Letter of Intent") dated July 3, 2025 with J4 Ventures Inc. ("J4"), a TSXV capital pool company, in respect of a proposed transaction pursuant to which J4 shall acquire the "Arthur Lake Property" (the "Arthur Lake Property" or the "Property") from Primary Hydrogen (the "Proposed Transaction"). The Letter of Intent contemplates that the Company and J4 will enter into a definitive agreement (the "Definitive Agreement"), pursuant to which J4 will acquire a 100% interest in the Arthur Lake Property by making the following payments on closing of the Proposed Transaction: (i) issuing Primary Hydrogen 500,000 common shares in the capital of J4 (each a "J4 Share"); and (ii) making a C$50,000 cash payment to Primary Hydrogen. Primary Hydrogen will also retain a 2% net smelter return royalty (NSR) on the Arthur Lake Property. It is anticipated that the Proposed Transaction will be structured as an asset purchase transaction or other structure based on the advice of the Parties' respective advisers and taking into account various securities, tax, operating and other considerations. Completion of the Proposed Transaction is conditional upon, among other standard conditions for a transaction of this nature including, among other things: (i) the negotiation, execution and delivery of the Definitive Agreement; (ii) completion of an NI 43-101 compliant technical report in respect of the Arthur Lake Property that are acceptable to the TSXV and J4; (iii) receipt of all required consents and approvals for the Proposed Transaction and the Definitive Agreement; (iv) completion of satisfactory due diligence by each Party of the other Party; (v) completion by J4 of a concurrent financing; and (vi) TSXV acceptance. There can be no assurance that all the necessary regulatory approvals will be obtained or that all conditions of closing will be met. The Proposed Transaction is an arm's length transaction and there are no finders' fees or commissions payable in respect of the Proposed Transaction. 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 230 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 and has an option to acquire a 75% interest in a hydrogen-REE project known as Wicheeda North, also located in British Columbia. -- CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements can generally be identified by the use of words such as "anticipated," "expected," "aimed," "planned," "continue," "will," "would," "may," "could," "intends," or similar expressions. Forward-looking statements involve significant risks and uncertainties that could cause actual outcomes to differ materially from those projected. Although the Company believes its expectations and assumptions are reasonable based on current information, there can be no assurance that these forward-looking statements will prove accurate. Readers should not place undue reliance on forward-looking statements or information, as actual outcomes may vary materially from those anticipated. The Company undertakes no obligation to update forward-looking information except as required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Associated Press
24-06-2025
- Business
- Associated Press
Primary Hydrogen Commences Field Sampling Program at Dove Creek
CALGARY, AB / ACCESS Newswire / June 24, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) ('Primary' or the 'Company') is pleased to announce the commencement of its field sampling program at the Dove Creek project in Colorado, USA. Field sampling will be conducted by Lonewolf Energy, Inc. under the supervision of Peter Lauder, VP of Exploration, utilizing techniques designed and tested by the INRS to minimize artificially produced hydrogen. The program, representing the second phase (Phase 2) of a multi-phase program, is anticipated to collect soil gas samples over an area of 740 acres and be completed within the next two weeks. 'This second phase of our exploration program is expected to gather critical information that will aid in the development of our exploration model and guide future exploration endeavours' commented Peter Lauder, VP Exploration of Primary Hydrogen. 'Employing portable gas detectors provides for real-time, in-field to rapidly identify potential subsurface anomalies and accelerate target definition - providing a critical foundation to advance Dove Creek's resource potential through focused future exploration.' Primary's sampling methodology and process has been developed in collaboration with the INRS, utilizing laboratory-verified techniques to minimize artificial hydrogen generation during collection and ensuring consistent and dependable results. The data will inform subsequent exploration phases, increasing confidence in identifying the source of anomalous hydrogen readings. 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 230 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 and has an option to acquire a 75% interest in a hydrogen-REE project known as Wicheeda North, also located 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 Canadian securities laws. These include statements regarding: (i) the Company's Dove Creek field sampling program (Phase 2); (ii) the expected scope, timing, and execution of the program by Lonewolf Energy, Inc.; (iii) the anticipated effectiveness of the INRS techniques in limiting artificial hydrogen; and (iv) the use of data to inform future exploration phases. Forward-looking statements are often identified by words like 'aims,' 'will,' 'expected,' or similar expressions. They are based on assumptions, including: the availability of sufficient funding; the accuracy of timelines and costs; the effectiveness of the sampling techniques; Lonewolf Energy's ability to perform as planned; and the absence of unforeseen obstacles. These statements involve significant risks and uncertainties that could cause actual results to differ materially. Risks include: unexpected delays or cost overruns; challenges in obtaining permits or approvals; variations in Lonewolf Energy's performance; limitations in sampling technique effectiveness; environmental or weather disruptions; and general economic, market, or industry conditions. Additional risks are in the Company's most recent MD&A, filed on SEDAR+ at Although the Company believes that the assumptions and expectations reflected in the forward-looking statements are reasonable based on the experience of its management, current conditions, and expected future developments, there can be no assurance that such statements will prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements or information, as actual results and future events could differ materially from those anticipated. The Company does not undertake to update any forward-looking statements or information, except as required by applicable securities laws. SOURCE: Primary Hydrogen Corp. press release
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.
