Primary Hydrogen Announces AGM Voting Results

Rhea-AI Summary

Primary Hydrogen (OTCQB:HNATF) has announced the results of its Annual General Meeting held on September 22, 2025. Shareholders demonstrated strong support for all proposed items, with all three director nominees - Benjamin Asuncion, William Timothy Heenan, and Martin Kowcun - receiving over 99.9% approval.

The meeting also saw shareholders approve the appointment of DMCL Chartered Professional Accountants as auditors, maintaining the board size at three directors, and adopting a new 10% rolling omnibus equity incentive plan.

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Calgary, Alberta--(Newsfile Corp. - September 25, 2025) - Primary Hydrogen Corp. (TSXV: HDRO) (FSE: 83W0) (OTCQB: HNATF) ("Primary" or the "Company") is pleased to announce the results of voting at its Annual General Meeting held September 22, 2025 (the "Meeting"). Shareholders voted in favour of all items put forward by the Board of Directors and Management.

Shareholders voted in favour of the election of all Director nominees: Benjamin Asuncion, William Timothy Heenan and Martin Kowcun. The voting results were as follows:

	Votes For		Votes Withheld
	Number of Votes	Percentage of Votes	Number of Votes	Percentage of Votes
Benjamin Asuncion	4,645,795	99.943%	2,635	0.057%
William Timothy Heenan	4,647,230	99.974%	1,200	0.026%
Martin Kowcun	4,647,195	99.973%	1,235	0.027%

 

Shareholder also voted in favour of (i) appointing DMCL Chartered Professional Accountants as auditors of the Company for the ensuing year and authorizing the Board to fix their remuneration; (ii) fixing the number of Directors at three, and (iii) adopting a new 10% rolling omnibus equity incentive plan.

About Primary Hydrogen Corp.

Primary Hydrogen is dedicated to the exploration and development of natural hydrogen resources. The Company holds over 740 acres of prospective land in the United States and 230 square kilometers across Canada. Its portfolio includes the Blakelock, Hopkins, Mary's Harbour, Point Rosie, Crooked Amphibolite, Coquihalla, and Cogburn projects. Primary also holds an option to acquire a 75% interest in the Wicheeda North hydrogen-REE project in British Columbia.

FOR FURTHER INFORMATION PLEASE CONTACT:

Ben Asuncion
Chief Executive Officer
Primary Hydrogen Corp.
Email: ben@primaryh2.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements are typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "plans" and similar expressions, or are those, which, by their very nature, refer to future events. All statements which are not statements of historical fact are forward looking statements.

Forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including: adverse weather or logistical challenges, delays in lab analysis, interpretation uncertainties, or regulatory changes. Additional risk factors can be found in the Company's public disclosure documents available at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise such statements, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267992

FAQ

What were the voting results for Primary Hydrogen's (HNATF) 2025 AGM?

All director nominees received overwhelming approval with over 99.9% of votes in favor. Benjamin Asuncion received 99.943%, William Timothy Heenan 99.974%, and Martin Kowcun 99.973% of votes.

Who are the directors elected to Primary Hydrogen's (HNATF) board in 2025?

The three elected directors are Benjamin Asuncion, William Timothy Heenan, and Martin Kowcun.

What key proposals were approved at Primary Hydrogen's 2025 AGM?

Shareholders approved the appointment of DMCL Chartered Professional Accountants as auditors, fixed the board size at three directors, and adopted a new 10% rolling omnibus equity incentive plan.

How many directors were approved for Primary Hydrogen's (HNATF) board?

Shareholders approved fixing the number of directors at three, with all three nominees receiving over 99.9% approval.