Latest news with #PrimaryHydrogenCorp
Associated Press
30-07-2025
- Business
- Associated Press
Primary Hydrogen Provides Update on Wicheeda North Rare Earth Exploration Program
CALGARY, AB / ACCESS Newswire / July 30, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) ('Primary' or the 'Company') is pleased to provide an update on the exploration program at the Wicheeda North Project (the 'Project') in British Columbia. The current field program comprises soil and soil-gas sampling, alongside a property-wide geophysical surveying campaign. Field crews are mobilizing to commence on-site sampling, with geophysical surveys to follow. The Company has also submitted a Notice of Work to the Government of British Columbia for a multi-year exploration program including drilling, trenching, and associated access work. The application permits up to 70 drill pads, 2,000 metres of trenching, and necessary site preparation to support ongoing exploration activities. 'We are excited to rapidly advance our exploration efforts at Wicheeda North with the launch of fieldwork in the coming days,' said Benjamin Asuncion, CEO of Primary Hydrogen Corp. 'We have also initiated the permitting process, which lays the groundwork for an aggressive drill campaign upon approval. Given the Project's proximity to a more advanced-stage rare earth project and the growing strategic interest in rare earth elements, we believe Wicheeda North represents a compelling opportunity.' Summer Exploration Program The 2025 exploration program (the 'Program') is focused on evaluating both the natural hydrogen potential and rare earth element (REE) prospectivity of the Project. Phase one includes soil and soil-gas sampling, along with property-wide geophysical surveying that builds upon earlier exploration work. The Program will extend soil sampling across key target zones identified through historical magnetic and geochemical anomalies. In addition, an airborne electromagnetic (EM) survey will be flown over the southern portion of the property - an area not previously covered - which overlaps with historical prospecting targets and may represent a logical zone for future expansion. Wicheeda North is situated within a geological belt known to host carbonatite-related REE mineralization, such as the Main Zone of the adjacent Wicheeda Rare Earths Project located approximately 5 km to the southeast. The Wicheeda Rare Earths Project, owned by Defense Metals Corp., adjoins Wicheeda North to the southwest and is host to a NI 43-101 compliant measured and indicated resource [1] of 29.3 Mt grading 2.27% total rare earth oxide (TREO), plus an inferred resource of 5.7 Mt grading 1.4% TREO. The Wicheeda North Project consists of nine contiguous mineral claims covering approximately 2,138 hectares (21.1 km²) within the northern Cariboo Mining Division. The Project lies within the Rocky Mountain Trench, a regional structural corridor recognized for hosting carbonatite intrusions. Historical work has outlined seven geophysical and geochemical targets defined by sub-circular to elliptical magnetic anomalies and elevated rare earth element concentrations in soil and rock samples, where available. Two key targets [2], Grid A and Grid D, were highlighted using the 99th percentile of REE concentrations and are interpreted to reflect potential REE sources. These areas will be the initial focus of expanded soil sampling and geochemical analysis to better delineate mineralized trends. Concurrent geophysical surveys will extend coverage into the southwestern portion of the Project area. The scientific and technical information in this news release has been reviewed and approved by Peter Lauder, Vice President of Exploration for Primary Hydrogen and a Qualified Person under National Instrument 43-101. 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] CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements may include, but are not limited to, statements regarding the Company's planned exploration activities at the Wicheeda North Project, including soil and soil-gas sampling, geophysical surveys, trenching, and drilling; the receipt of permits; the geological potential of the Project; and the relevance of nearby advanced-stage projects. These statements are based on a number of assumptions, including the availability of capital, receipt of required permits, favorable weather and logistical conditions, and the accuracy of historical data. Forward-looking statements are subject to risks and uncertainties, including operational challenges, regulatory delays, changes in market conditions, and the possibility that exploration results may not confirm geological expectations. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking information to reflect subsequent events or circumstances. 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. [1] Wicheeda Rare Earths Project PFS. (2025, April 4). NI 43-101 Technical Report. Effective date: February 28, 2025. [2] Lane, R. A. (2023). National Instrument 43-101 Technical Report: Wicheeda North Rare Earth Element Project, British Columbia, Canada. Power One Resources Primary Hydrogen Corp. press release
Associated Press
18-06-2025
- Business
- Associated Press
Primary Hydrogen Corp Engages Eastern Geo Services To Advance Newfoundland And Labrador Projects
CALGARY, AB / ACCESS Newswire / June 18, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0(OTCQB:HNATF) ('Primary' or the 'Company') is pleased to announce the engagement of Eastern Geo Services Inc. (EGS) to support the Company's upcoming Newfoundland and Labrador exploration programs. The Company is fully funded for its 2025 natural hydrogen exploration program across Canada. 'As we are preparing for the summer 2025 field season in Newfoundland and Labrador, Primary has partnered with the experienced consultants, Eastern Geo Services, who will greatly aid in our soil gas sampling programs,' stated Benjamin Asuncion, CEO of Primary Hydrogen Corp. " The initial sampling program will employ sampling techniques designed and tested by INRS to minimize artificially produced hydrogen.' About Eastern Geo Services Inc. Eastern Geo Services Inc. is a geological and environmental consulting firm based in Atlantic Canada. The company provides services in field data collection, GIS and mapping, mineral exploration support, and environmental site work. Their team supports a wide range of projects, from resource development to environmental assessments, across the mining, construction, and government sectors. 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 legislation. Such statements include, but are not limited to, statements regarding: (i) the Company's plans for its 2025 natural hydrogen exploration program in Newfoundland and Labrador; (ii) the expected scope, timing, and execution of the soil gas sampling program by Eastern Geo Sciences; (iii) the anticipated effectiveness of the sampling techniques in limiting artificially produced hydrogen; and (iv) the expected efficiency and timeliness of the exploration program due to the engagement of a local consultant. Forward-looking statements are often identified by words such as 'plans,' 'expects,' 'anticipates,' 'will,' or similar expressions. These statements are based on certain assumptions, including but not limited to: the availability of sufficient funding to complete the planned exploration program; the accuracy of estimated timelines and costs for exploration activities; the effectiveness of the sampling techniques as tested by INRS; the ability of Eastern Geo Sciences to perform the sampling program as planned; and the absence of unforeseen operational, regulatory, or environmental obstacles. These forward-looking statements are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to: unexpected delays or cost overruns in the exploration program; challenges in obtaining necessary permits or approvals; variations in the performance or availability of Eastern Geo Sciences; limitations in the effectiveness of the sampling techniques; environmental or weather-related disruptions affecting fieldwork; and general economic, market, or industry conditions. Additional risks are discussed in the Company's most recently filed management's discussion and analysis, available under the Company's SEDAR+ profile 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
07-06-2025
- Business
- Yahoo
Primary Hydrogen Announces Renewal of Marketing Agreement
Calgary, Alberta--(Newsfile Corp. - June 6, 2025) - Primary Hydrogen Corp. (TSXV: HDRO) (FSE: 83W0) (OTCQB: HNATF) (the "Company" or "Primary") is pleased to announce the extension of its strategic marketing agreement (the "Services Agreement") with Euro Digital Media Ltd. ("Euro Digital") (address 71-75 Shelton Street, Covent Garden, London UK WC2H 9JQ) previously announced on November 27, 2024, March 28, 2025 and May 7, 2025. Under the terms of the Services Agreement, Euro Digital creates campaigns, ad groups, text ads, display ads, performs detailed keyword research, setup and manages remarketing campaigns, optimize keyword options, coordinates online advertisers and marketers corresponding to online marketing targets, creates landing pages for ad campaigns and generally bring attention to the business of the Company. The Company has renewed the Services Agreement and agreed to pay Euro Digital a fee of USD $100,000 for continuation of the ongoing services, inclusive of third-party costs. The renewal of the services under the Services Agreement will commence on or about June 10, 2025, and continue until the earlier of (a) a two-month term, and (b) exhaustion of the marketing budget. The principal of Euro Digital is Harry Kundan. The Company will not issue any securities to Euro Digital as compensation for its marketing services. As of the date hereof, to the Company's knowledge, Euro Digital (including its principal) does not own any securities of the Company and has an arm's length relationship with the Company. The renewal of the Services Agreement is subject to approval of the TSX Venture Exchange. 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, CEO, Primary Hydrogen Corp. at 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 statements with respect to the provision of services by Euro Digital to the Company. 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 TSX Venture Exchange will not approve the Service Agreement, 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. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Primary Hydrogen Announces Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - May 29, 2025) - Primary Hydrogen Corp. (TSXV: HDRO) (FSE: 83W0) (OTCQB: HNATF) ("Primary" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") for gross proceeds of up to C$2,000,000, consisting of two parts: Up to 3,125,000 flow-through units at $0.48 per unit (the "FT Units"), with each FT Unit consisting of one "flow-through" common share (the "FT Shares") and one-half of a warrant, with each whole warrant exercisable at $0.55 to acquire one (non-flow through) common share for 24 months; and Up to 1,250,000 non-flow through units at $0.40 per unit (the "Non-FT Units"), with each Non-FT Unit consisting of one (non-flow-through) common share (the "Non-FT Shares") and one-half of a warrant, with each whole warrant exercisable at $0.50 to acquire one (non-flow through) share for 24 months. The proceeds from the sale of the Non-FT Units are intended to be used general working capital and corporate purposes. The proceeds from the sale of the FT Units are intended be used to incur Critical Mineral Canadian Exploration Expenses ("CEE"), such that they qualify as "flow-through mining expenditures" for purposes of the Income Tax Act (Canada) and can be renounced to the purchasers thereof. The Private Placement is subject to customary closing conditions, including receipt of approval from the TSX Venture exchange. The securities issued under this Offering will be subject to a statutory hold period of four months and one day. The Company may compensate persons who act as finders for the Offering in accordance with the rules of the TSX Venture Exchange. 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 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 Canadian securities legislation. Such statements include, but are not limited to, statements regarding: (i) the Company's intention to complete the Private Placement; (ii) the structure and terms of the FT Units and Non-FT Units, including as to pricing, composition, and warrant exercise terms; (iii) the expected use of proceeds from the Private Placement; and (vi) the anticipated closing date of the Private Placement. Forward-looking statements are often identified by words such as "intends," "expects," "will," "may," or similar expressions. These statements are based on certain assumptions, including but not limited to: the Company's ability to successfully market and complete the Private Placement; the accuracy of estimated costs and timelines for exploration and development activities; the availability of sufficient capital to fund planned exploration and general expenses; the Company's ability to comply with the requirements for flow-through mining expenditures under the Income Tax Act (Canada); the timely receipt of TSX Venture Exchange approval; and the absence of unforeseen regulatory or market obstacles. These forward-looking statements are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to: the inability to raise the targeted C$2,000,000 or any funds through the Private Placement; changes in market conditions affecting the pricing or demand for FT Units or Non-FT Units; unexpected costs or delays in exploration and development activities; failure to qualify expenditures as "flow-through mining expenditures" or to renounce them by December 31, 2026; delays or failure in obtaining TSX Venture Exchange approval; changes in securities regulations or TSX Venture Exchange policies affecting the Offering or finder compensation; economic or financial market volatility impacting the Company's ability to fund operations; and general economic, market, or industry conditions. Additional risks are discussed in the Company's most recently filed management's discussion and analysis, available under the Company's SEDAR+ profile 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. To view the source version of this press release, please visit
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
