Hertz Energy Inc. explores and acquires mineral properties, with public updates focused on junior critical-minerals projects in Eastern Canada. Its recurring news themes include lithium and antimony exploration in Quebec and New Brunswick, the Lake George Antimony-Tungsten-Gold Project near the historic Lake George Antimony Mine, acquisition of historical technical data, claim expansion, and exploration-program planning.
Company announcements also cover financing and capital-structure actions, including non-brokered private placements, common share and warrant units, and completed share consolidation activity. These updates frame Hertz Energy as an exploration-stage issuer whose disclosures are tied to mineral-property access, technical evaluation, and equity-capital management.
Hertz Energy (OTCQB: HZLIF) closed a non-brokered private placement on January 16, 2026, issuing 4,200,000 units at $0.10 per unit for gross proceeds of $420,000. Each unit includes one common share and one warrant exercisable at $0.125 until 36 months from closing. Proceeds will fund general and administrative costs and advancement of the Lake George Antimony Project. Issued securities carry a Canadian statutory hold period of four months plus one day and were not registered under the U.S. Securities Act, limiting U.S. sales.
Hertz Energy (OTCQB: HZLIF) announced a non-brokered private placement on December 12, 2025 to raise gross proceeds of up to $440,000 by issuing up to 4,400,000 units at $0.10 per unit. Each unit includes one common share and one warrant exercisable at $0.125 for 36 months from closing. Proceeds are designated for general and administrative purposes and to advance the Company’s Lake George Antimony project. The offering may close in one or more tranches. All securities will be subject to a statutory hold period of four months and one day and will not be registered under the U.S. Securities Act, restricting U.S. sales.
Hertz Energy (OTCQB: HZLIF) has announced a share consolidation on a 2.5-to-1 basis, effective September 19, 2025. Following the consolidation, the total number of outstanding shares will be reduced to approximately 9,904,671 shares.
The company will maintain its name and trading symbol, but will receive new CUSIP (42804X305) and ISIN (CA42804X3058) numbers. The consolidation will proportionally adjust all outstanding convertible securities, and fractional shares will be rounded according to standard practices.
Hertz Energy (OTCQB: HZLIF) has announced plans to implement a 2.5-to-1 share consolidation of its common shares. Following the consolidation, the company's total outstanding shares will be reduced to approximately 9,904,671 shares, subject to rounding adjustments.
The company will handle fractional shares by rounding down to the nearest whole number if the fraction is less than 1/2 share, and rounding up if the fraction is equal to or greater than 1/2 share. A subsequent announcement will provide the effective date and new CUSIP/ISIN numbers.
Hertz Energy (OTCQB: HZLIF) has announced a significant leadership change with the appointment of Natasha Tsai as the new Chief Financial Officer, replacing Jatin Bakshi. Tsai, a CPA and CA, brings extensive experience as Managing Director at Malaspina Consultants Inc. Her background includes specialized expertise in financial operations and business performance, with previous roles as CFO of a junior mining company and corporate controller in the energy sector. A graduate of UBC's Sauder School of Business, Tsai received her Chartered Accountant designation in 2007 and has served as co-chair of the Young CA Forum at the Institute of Chartered Accountants of BC.
Hertz Energy (CSE: HZ) (OTCQB: HZLIF) announces a four-for-one share consolidation effective December 12, 2024. Post-consolidation, the total issued and outstanding shares will be approximately 16,511,679. The company's name and trading symbol will remain unchanged, with new CUSIP number 42804X206 and ISIN CA42804X2068. No fractional shares will be issued; fractions less than half will be rounded down, while those equal to or greater than half will be rounded up. Exercise prices and share quantities for outstanding convertible securities will be adjusted proportionally. Registered shareholders will receive instructions from Odyssey Trust Company regarding the exchange process.
Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QX1) has issued a clarification regarding its investor relations agreement with Outside The Box Capital Inc. (OTBC). The company entered into a one-month marketing and consulting agreement with OTBC, starting September 4, 2024. As part of the agreement, Hertz Energy will:
- Issue OTBC 500,000 options to purchase Hertz Energy shares at $0.085 over two years
- Make a payment of $25,000 upon signing the agreement
OTBC, based in Oakville, Ontario, will provide marketing consulting and investor relations services, including social media and online media distribution. The company has no direct relationship with Hertz Energy beyond this agreement.
Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) has acquired the Lake George Antimony Property in New Brunswick, Canada. The property, comprising 93 mineral claims over 2,104.5 hectares, surrounds the former Lake George Antimony Mine, once North America's largest antimony producer. The acquisition includes 10 km of strike length along favorable sediments near an intrusive contact.
The historical Lake George Mine produced 34,417 tonnes of 65-66% Sb concentrate from 1972-1981 and approximately 1 Mt grading 4% Sb from 1985-1990. The property shows potential for antimony, gold, molybdenum, and tungsten mineralization. Hertz Energy is in discussions with New Brunswick officials about a possible tender of the mine lease.
Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) has announced the start of exploration programs at the Harriman Antimony Property in Québec, beginning September 16, 2024. The property, comprising 49 mineral claims over approximately 2,500 hectares, is located 17 km northeast of New Richmond in the Gaspé Region. It is strategically positioned at the intersection of major faults, hosting several antimony and gold showings. Historical results from nearby showings include up to 43.75% Sb and 7.89 g/t Au. The Harriman-4Sud showing on the property returned 15.35% Sb and 0.07 g/t Au from a historical grab sample. Hertz Energy will mobilize a team to conduct geological mapping and prospecting, focusing on areas of favorable geology and historical showings.
Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) has acquired the Harriman Antimony Property in Quebec through an option agreement. The property, comprising 49 mineral claims over 2,500 hectares, is located in the Gaspé Region, known for significant mineral deposits. Historical showings include high-grade antimony and gold samples. Hertz will pay $20,000 and issue 4 million shares to acquire 100% interest. The company plans to launch a ground surface exploration program in September, potentially leading to a winter drill program. Upon commercial production, a 2.5% NSR royalty will be paid, reducible to 1% for C$1.5 million.