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VORTEX ENERGY CORP - VTECF STOCK NEWS

Welcome to our dedicated news page for VORTEX ENERGY (Ticker: VTECF), a resource for investors and traders seeking the latest updates and insights on VORTEX ENERGY.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VORTEX ENERGY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VORTEX ENERGY's position in the market.

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Vortex Energy Corp. announces a collaboration with the University of Alberta and Keyera , receiving $1.2 million in funding from Alberta Innovates for the project 'Field Trial of Hydrogen Storage in Canadian Domal and Bedded Salts.' The University of Alberta will conduct laboratory and mathematical analyses to design and implement the first field trial of hydrogen storage in a domal salt in Canada at the Robinsons River Salt Project. The project is part of the Hydrogen Centre of Excellence – Competition 2, with support from Natural Resources Canada. Vortex will provide data, resources, and core samples for the project, aiming to optimize locations, design specifications, and operational parameters for hydrogen storage in salt caverns.

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-6.29%
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Rhea-AI Summary
Vortex Energy Corp. sends core samples from the Robinsons River Salt Project to the University of Alberta for testing. The samples include cap rock and salt sections from Core Hole 1, with the cap rock being anhydrite and mudstones, and the salt rock primarily halite with other salts. Various tests will be conducted to determine material properties, mineral composition, and mechanical properties. The Company also grants 1,000,000 restricted share units to certain individuals.
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4.54%
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Vortex Energy Corp. finalizes drillhole three planning for the Robinsons River Salt Project and receives a $115,500 grant. The Company plans to drill a 1,000-meter deep core hole with two drilling companies. Mobilization is set for April 2024, with drilling operations starting in May. CEO Paul Sparkes expresses excitement for the exploration efforts and acknowledges the support from the Government of Newfoundland and Labrador.
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Vortex Energy Corp. has announced the commencement of drilling at the Robinsons River Salt Project in Newfoundland & Labrador. The drilling program, conducted by Major Drilling Group International Inc., aims to confirm the depth of the salt structure and obtain core samples for future analysis. The Company's CEO expressed optimism about the recommencement of the program.
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-0.23%
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Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) announced the voting results from its Annual General and Special Meeting of shareholders held on January 11, 2024. A total of 24,260,177 (representing 34.21% of the issued and outstanding common shares) were represented at the Meeting. The three nominees listed in the management information circular were elected as directors of the Company. Shareholders also approved the Company’s equity incentive plan and the amendment of the quorum requirement in the Company’s articles.
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3.82%
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Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) announces the commencement of the clearing process for approximately 3.1 km of drill trail road in preparation for the drilling of the second core well at the Robinsons River Salt Project. The work is being completed by On Grade Construction of Stephenville, Newfoundland and Labrador, under the supervision of RESPEC Consulting Inc. The Company expects the drill trail to be completed later this week. Additionally, Vortex clarifies the promotional activity undertaken by Financial Star News for marketing services will occur solely on a www.Thefinancialstar.com landing page, and via Google ads and native advertising, not through social media or email.
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Vortex Energy Corp. (CSE: VRTX | OTCQB: VTECF | FRA: AA3) announces the commencement of drilling activities at the Robinson River Salt Project’s second approved core well. The Company has retained the services of contractors to confirm the depth of the salt rock structures and attain the geological properties of the salt and non-salt rocks present at the Project. The Company also extends its engagement of Financial Star News Inc. for marketing services.
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1.62%
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Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) successfully upgraded from the OTC Pink Market to the OTCQB Venture Market, increasing visibility and transparency for US investors. CEO Paul Sparkes anticipates reaching a wider audience with the new market listing.
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5.35%
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Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) has intersected salt rock at a depth of 581.5 meters at the Western Salt Structure, potentially holding an estimated 250,000 tonnes of hydrogen in over 25 caverns. The hydrogen storage capacity volume for the Western salt structure is estimated to be more than 50 million m3. The Company plans to drill a second well near the location of the first well to intersect salt rock and attain geological properties of the salt and non-salt rocks.
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Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) announces the commencement of diamond core drilling at its Robinsons River Salt Project in Newfoundland & Labrador. The drilling program aims to confirm the depth and geological properties of the salt structures, with potential hydrogen storage capacity estimates. The Property is adjacent to Atlas Salt’s Great Atlantic Salt Deposit.
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1.97%
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