Welcome to our dedicated page for Primary Hydrogen news (Ticker: HNATF), a resource for investors and traders seeking the latest updates and insights on Primary Hydrogen stock.
Primary Hydrogen Corp (HNATF) maintains this dedicated news hub for stakeholders tracking its natural hydrogen exploration initiatives and corporate developments. Our curated feed provides official updates ranging from technological advancements in hyperspectral imaging to strategic partnership announcements and regulatory filings.
Investors and industry observers will find comprehensive coverage of operational milestones, including geophysical survey results from Canadian properties and progress through phased exploration programs. The repository serves as both historical record and real-time tracking tool for the company’s resource characterization efforts.
Key updates include quarterly financial disclosures, property acquisition details, technology deployment reports, and management commentary. Bookmark this page to monitor how HNATF’s data-driven approach to natural hydrogen discovery evolves within the energy transition sector.
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.
Primary Hydrogen Corp. (HNATF) has signed an Option Agreement with Power One Resources Corp. to acquire a 75% interest in the Wicheeda North project in British Columbia. The project, spanning 2,138 hectares, is located 80km north of Prince George and 10km northwest of Defense Metals Corp.'s Wicheeda Rare Earth Element deposit.
The property has undergone exploration including 693 line-kilometres of airborne surveys and 870 soil samples, revealing three areas of anomalous Rare Earth Element mineralization. The acquisition terms include C$50,000 in cash, 1.0 million shares, 1.0 million warrants, and C$1.5 million in exploration expenditures over 18 months.
The project's strategic location near Defense Metals' Wicheeda project, which has a pre-tax NPV of US$1.8 billion, positions it in a promising area for both natural hydrogen and rare earth minerals development.Primary Hydrogen Corp. (OTCQB:HNATF) has initiated its Phase 1 exploration program at the Dove Creek project in Colorado, USA. The company is employing advanced hyperspectral imaging and AI-driven data analysis to identify high-priority targets for natural hydrogen exploration.
The Dove Creek project is strategically located in southwestern Colorado near the Colorado-Utah border, within the Paradox Basin. The project's potential stems from natural hydrogen generation through radiolysis of uranium-rich basement rocks. Deep-seated fault systems in the region could serve as migration pathways for hydrogen accumulation. Supporting evidence includes geophysical data showing strong gravity anomalies aligned with fault structures, magnetic anomalies tied to deep crustal features, and the presence of helium wells indicating active subsurface gas migration.