Primary Hydrogen Stock Price, News & Analysis

Primary Hydrogen (OTCQB:HNATF) has initiated a geophysical survey at its Wicheeda North Rare Earth Element Project in British Columbia. The company has engaged Geotech Ltd. to conduct an infill airborne VTEM and magnetic survey covering 401 line-kilometres across 25 square kilometres.

The 2025 exploration program includes soil and soil-gas sampling, property-wide airborne geophysical surveying, and geochemical analysis. The project, comprising nine contiguous mineral claims totaling 2,138 hectares, is located near Defense Metals Corp.'s Wicheeda Rare Earths Project, which has a resource of 29.3 million tonnes grading 2.27% TREO (measured and indicated).

The company has temporarily paused exploration activities at its Newfoundland and Labrador projects due to wildfire conditions.

Primary Hydrogen (OTCQB: HNATF) has signed a definitive agreement with J4 Ventures to sell its 100% interest in the Arthur Lake Property in British Columbia. The transaction terms include 500,000 common shares of J4 and a C$50,000 cash payment upon closing, plus a 2% NSR royalty retention.

The deal's completion is contingent on several conditions, including a NI 43-101 technical report, J4's minimum C$600,000 financing, due diligence, and regulatory approvals. Upon completion, J4 is expected to be listed as a Tier 2 mining issuer on the TSXV.

Primary Hydrogen (OTCQB:HNATF) has announced updates on its Wicheeda North Project exploration program in British Columbia. The company is launching a comprehensive field program including soil and soil-gas sampling, alongside property-wide geophysical surveying. Primary has submitted a Notice of Work for a multi-year exploration program permitting up to 70 drill pads and 2,000 metres of trenching.

The Project, spanning 2,138 hectares, is located within the Rocky Mountain Trench and borders Defense Metals Corp.'s Wicheeda Rare Earths Project, which hosts a significant resource of 29.3 Mt grading 2.27% TREO. The exploration will focus on two key targets, Grid A and Grid D, identified through historical geophysical and geochemical anomalies.

Primary Hydrogen (OTCQB:HNATF) has launched Phase 2 of its field sampling program at the Blakelock and Hopkins projects in Northern Ontario. The program, covering 9,127 hectares, is being conducted in partnership with the Institut national de la recherche scientifique (INRS).

The exploration integrates portable gas detectors for immediate field measurements with conventional geological techniques, targeting major northeast trending faults and Clay Howels Alkali Complex formations. The program includes soil gas sampling to identify potential subsurface hydrogen accumulations and is expected to be completed by end of July 2025.

Primary Hydrogen (OTCQB:HNATF) has initiated Phase 2 field sampling at its BC H₂ Projects in British Columbia, Canada. The program, covering 3,346 hectares, will be executed by Tripoint Geological Services under expert supervision using INRS-developed methodologies to minimize artificial hydrogen generation.

The exploration targets serpentinized ultramafic zones and major fault intersections, potential sources and traps for natural hydrogen. The program integrates portable gas detectors with conventional techniques including soil sampling, geological mapping, and prospecting, expected to complete within 2-3 weeks.

Primary Hydrogen (OTCQB:HNATF) has initiated Phase 2 of its hydrogen field sampling program at the Mary's Harbour and Point Rosie projects in Atlantic Canada. The program, covering 8,550 hectares, will be conducted by Eastern Geo Services under VP of Exploration Peter Lauder's supervision.

The exploration strategy combines portable gas detectors for real-time measurements with conventional geological techniques, including soil sampling and geological mapping. The methodology, developed in collaboration with INRS, aims to minimize artificially generated hydrogen and identify natural hydrogen accumulations.

Additionally, the company has extended its strategic marketing agreement with Euro Digital Media for USD $400,000, subject to TSX Venture Exchange approval.

Primary Hydrogen (OTCQB: HNATF) has entered into a non-binding letter of intent with J4 Ventures Inc., a TSXV capital pool company, to sell its Arthur Lake Property. Under the proposed transaction terms, J4 will acquire 100% interest in the property in exchange for 500,000 J4 common shares and a C$50,000 cash payment.

Primary Hydrogen will retain a 2% net smelter return royalty (NSR) on the property. The transaction completion is subject to several conditions, including execution of a definitive agreement, completion of an NI 43-101 technical report, regulatory approvals, due diligence, and J4's concurrent financing. The transaction is structured as an arm's length deal with no finders' fees or commissions.

Primary Hydrogen (OTCQB:HNATF) has successfully closed a non-brokered private placement raising gross proceeds of $1,728,800. The offering consisted of 2,560,000 flow-through units at $0.48 per unit and 1,250,000 non flow-through units at $0.40 per unit.

The company issued finder's fees of approximately $43,776 for the FT Units, along with 27,000 NFT finder warrants and 91,200 FT finder warrants. The proceeds from NFT Units will support working capital and corporate purposes, while FT Units proceeds will fund Critical Mineral Canadian Exploration Expenses.

Additionally, Primary Hydrogen received TSX Venture Exchange approval for its option agreement with Power One Resources Corp. to acquire up to 75% interest in the Wicheeda North project in British Columbia. As part of the agreement, the company paid $40,000 and will issue 125,000 common shares at $0.45 and 125,000 warrants exercisable at $0.90 for three years.

Primary Hydrogen (OTCQB:HNATF) has initiated Phase 2 of its field sampling program at the Dove Creek project in Colorado. The program, conducted by Lonewolf Energy under VP of Exploration Peter Lauder's supervision, will collect soil gas samples across 740 acres over two weeks.

The sampling methodology, developed with INRS, employs laboratory-verified techniques to minimize artificial hydrogen generation during collection. The Dove Creek project, located near the Colorado-Utah border in the Paradox Basin, shows potential for natural hydrogen generation through radiolysis of uranium-rich basement rocks, with deep-seated fault systems serving as migration pathways.