New Risk • Jul 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 59% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 70% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€5.12m market cap, or US$5.84m). お知らせ • Jul 28
Primary Hydrogen Corp. Appoints Christopher Longton as Vice President, Exploration, Effective July 24, 2026 Primary Hydrogen Corp. announced the appointment of Christopher Longton, CPG, as Vice President, Exploration, effective July 24, 2026. Mr. Longton is Principal Geologist with Rangefront Mining Services and will continue in that role. Rangefront provides geological services to the Company. A field geologist at heart, he has experience from greenfields exploration to production on precious metals, base metals and critical minerals deposits throughout North America and Australia. His experience has led to him managing large- and small-scale projects, including as Vice President, Exploration with Hercules Metals Corp. in Idaho. Prior to that he was Senior Exploration Manager for Integra Resources' DeLamar project in southern Idaho, and has provided senior geological support on several early- to advanced-development and production-scale projects for various companies, most notably New Gold Inc. and Equinox Gold Corp. Mr. Longton holds a Bachelor of Science degree in Geology from Illinois State University, is a Certified Professional Geologist, and is a Qualified Person as defined by National Instrument 43-101. Mr. Longton assumes responsibility for the Company's exploration programs across its natural hydrogen and rare earth element portfolio in Canada and the United States. He will also act as the Company's Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral
Projects. As an officer of the Company, Mr. Longton is not independent of the Company for the purposes of National Instrument 43-101. お知らせ • Jul 09
Primary Hydrogen Corp. announced that it has received CAD 1.475742 million in funding On July 8, 2026, Primary Hydrogen Corp. closed the transaction. The company issued 2,459,570 Units at a price of CAD 0.60 per Unit, for aggregate gross proceeds of up to CAD 1,475,742. In connection with the closing of the Offering, the Company issued 150,979 finders' warrants to Research Capital Corporation. Each finders' warrant will be exercisable for one Common Share at the price of CAD 0.80 for a period of twenty-four (24) months from the date of issuance. The company has disclosed the issue expenses of CAD 88,544.52 in connection with the transaction お知らせ • Jul 08
Primary Hydrogen Corp., Annual General Meeting, Sep 15, 2026 Primary Hydrogen Corp., Annual General Meeting, Sep 15, 2026. お知らせ • Jul 16
Primary Hydrogen Corp., Annual General Meeting, Sep 22, 2025 Primary Hydrogen Corp., Annual General Meeting, Sep 22, 2025. お知らせ • Jul 11
Primary Hydrogen Commences Hydrogen Field Sampling Program in Atlantic Canada Primary Hydrogen Corp. announced the commencement of its hydrogen field sampling program at the Mary's Harbour and Point Rosie projects in Labrador and Newfoundland respectively (collectively, the "Atlantic Canada H2 Projects"). Field sampling activities will be conducted by Eastern Geo Services under the supervision of Peter Lauder, Vice President of Exploration, utilizing specialized sampling methodologies designed and tested by INRS to minimize artificially generated hydrogen. This field program, representing the second phase (Phase 2) of the Company's multi-phase exploration strategy, is anticipated to cover approximately 8,550 hectares and to be completed over the next four weeks. This integrated approach is specifically aimed at efficiently identifying the presence of any natural hydrogen at surface levels, while simultaneously refining the Company's geological understanding of potential hydrogen generation sources, migration pathways, and accumulation zones. Primary Hydrogen's sampling methodology and procedures have been collaboratively developed with INRS, leveraging laboratory-verified techniques to ensure consistent, reliable results and minimize artificially generated hydrogen. collected data will directly inform subsequent exploration phases, increasing confidence in the identification and evaluation of prospective natural hydrogen targets. Upon completion of this Phase 2 program, results will be analyzed, and the Company anticipates providing further updates and details as data becomes available. The Company is also pleased to announce the extension of its strategic marketing agreement (the "Services Agreement") with Euro Digital Media Ltd. ("Euro Digital") (address 71-75 Shelton Street, Covent Garden, London UK WC2H 9JQ). Under the terms of the Services Agreement, Euro Digital will create campaigns, ad groups, text ads, display ads, perform detailed keyword research, setup and manage remarketing campaigns, optimize keyword options, coordinate online advertisers and marketers corresponding to online marketing targets, create landing pages for ad campaigns and generally bring attention to the business of the Company. The Company has renewed the Services Agreement in consideration for a fee of USD 400,000, inclusive of third-party (i.e., ad placement) costs. The renewal of the services under the Services Agreement will commence on or about July 8, 2025, and continue until exhaustion of the marketing budget. お知らせ • Mar 31
Primary Hydrogen Corp. Appoints Allegra Hosford Scheirer as Technical Advisor to the Board Primary Hydrogen Corp. announced the appointment of Dr. Allegra Hosford Scheirer as a Technical Advisor to the Board. Dr. Hosford Scheirer has been working with Primary over the past few months on its expansion into the USA, helping to formulate new opportunities and evaluate acquisitions, with the new appointment expanding the scope of her role. This appointment aligns with the company's objective of systematically expanding its project portfolio into the USA. Dr. Allegra Hosford Scheirer is an internationally recognized expert in petroleum systems analysis, with over 20 years of diversified experience in pore-fluid networks and energy science. She holds a Ph.D. in Marine Geology and Geophysics from the Massachusetts Institute of Technology (MIT) - Woods Hole Oceanographic Institution (WHOI) Joint Program. Following her doctoral studies, Dr. Hosford Scheirer contributed to geophysical projects at the U.S. Geological Survey (USGS), where she collected land gravity data in the western United States and conducted extensive research in petroleum systems analysis. Her work at the USGS provided critical insights into subsurface energy resources, further establishing her expertise in the field. At Stanford University, Dr. Hosford Scheirer serves as an Adjunct Professor in the Department of Earth and Planetary Sciences, where she had been a research scientist for over 16 years. Her research interests include developing integrated workflows incorporating geophysics, geochemistry, and quantitative geologic modeling. Dr. Hosford Scheirer's extensive experience and expertise in energy science and petroleum systems analysis make her a valuable advisor to the Primary Hydrogen Corp. Board. お知らせ • Jan 02
Primary Hydrogen Corp. Announces Chief Financial Officer Changes Primary Hydrogen Corp. announce the appointment of Ms. Jelena Veljovic as Chief Financial Officer of the Company effective immediately. Ms. Veljovic replaces Mr. Joel Leonard, who has served as CFO since September 2020. The Company wishes to thank Mr. Leonard for fulfilling that role and to express its appreciation for his service. Ms. Veljovic provides accounting services to public companies through Treewalk Consulting Inc., a growing professional services advisory firm in Vancouver, British Columbia. Prior to her time at Treewalk Consulting Inc., Ms. Veljovic worked as an accounting technician with Focus LLP, a public accounting firm in the Calgary, AB market, supporting with taxation services for private companies and individuals. お知らせ • Dec 24
Primary Hydrogen Corp. announced that it has received CAD 0.75 million in funding On December 23, 2024, Primary Hydrogen Corp. closed the transaction. All securities issued pursuant to the Private Placement are subject to a statutory four month hold period expiring on April 21, 2025. お知らせ • Nov 28
Primary Hydrogen Corp. (TSXV:HDRO) acquired Two Projects in Newfoundland & Labrador. Primary Hydrogen Corp. (TSXV:HDRO) acquired Two Projects in Newfoundland & Labrador on November 27, 2024.
Primary Hydrogen Corp. (TSXV:HDRO) completed the acquisition of Two Projects in Newfoundland & Labrador on November 27, 2024. お知らせ • Nov 13
Primary Hydrogen Corp. announced that it has received CAD 3 million in funding On November 12, 2024. Primary Hydrogen Corp. has closed the transaction. The company issued 9,090,910 units at a price of CAD 0.33 for gross proceeds of CAD 3,000,000.3. In connection with the Private Placement, the Company has paid to certain finders a cash commission of CAD 81,798.59 and has issued 247,874 non-transferable broker warrants. All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months, expiring on March 8, 2025. Insiders of the Company have subscribed for 333,273 Units in the Private Placement お知らせ • Oct 13
Millbank Mining Corp. Announces Resignation of Jasdeep Dhaliwal as Director Millbank Mining Corp. announced that Mr. Jasdeep Dhaliwal has submitted his resignation as a director to pursue other endeavors. The Company would like to thank Mr. Dhaliwal for his service as a director and wishes him well in his future endeavors. お知らせ • Sep 27
Millbank Mining Corp. announced that it expects to receive CAD 3 million in funding Millbank Mining Corp. announced a non-brokered private placement of up to 9,090,910 at a price of CAD 0.33 per unit to for gross proceeds of up to CAD 3,000,000 on September 27, 2024. Each unit will consist of one common share of the Company and and one Common Share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company for a period of 24 months following the closing of the private placement at an exercise price of CAD 0.50 per warrant share. The Company may pay finder's fees in the amount of 6% cash and issue finder's warrants equal to 6% of the number of Units placed by such finder on all or a portion of the Private Placement. The finder's warrants will have the same terms of the Warrants forming part of the Units. お知らせ • Sep 26
Millbank Mining Corp. (TSXV:MILL) acquired Blakelock hydrogen project in Northern Ontario for CAD 0.12 million. Millbank Mining Corp. (TSXV:MILL) signed an purchase agreement to acquire Blakelock hydrogen project in Northern Ontario for CAD 0.12 million on September 12, 2024. The Company is acquiring a 100% interest in the Blakelock Project for consideration of CAD 0.046 million and 200,000 common shares. The Vendors have been granted a 1.5% net smelter returns royalty (NSR) of which 0.5% can be repurchased by the Company for CAD 0.5 million. The common shares issued under the Acquisition Agreement will be subject to a four-month statutory hold period in accordance with applicable securities laws. The Proposed Transaction remains subject to customary conditions of closing, including the approval of the TSX Venture Exchange.
Millbank Mining Corp. (TSXV:MILL) completed the acquisition of Blakelock hydrogen project in Northern Ontario on September 25, 2024. Board Change • Sep 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director William Heenan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.