New Risk • May 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor 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 Negative equity (-CA$5.6m). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (CA$44.6m market cap, or US$32.6m). New Risk • May 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$5.6m). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$35.8m market cap, or US$26.3m). Duyuru • Apr 25
First Hydrogen Corp. announced that it has received CAD 0.31 million in funding On April 24, 2026, First Hydrogen Corp. closed the transaction. The company issued 1,000,000 units at a price of CAD 0.31 per unit for gross proceeds of CAD 310,000. In connection with the private placement, subject to the approval of the TSX Venture Exchange, the company will pay an eligible arm's-length finder a cash finder fee of CAD 24,800 and will issue 80,000 non-transferable finder warrants. Each finder’s warrant will entitle the holder to acquire one share at CAD 0.45 for a period of two years from the date of closing. Duyuru • Apr 03
First Hydrogen Corp. announced that it expects to receive CAD 3 million in funding First Hydrogen Corp. announces a non-brokered private placement to issue 9,677,419 units at a price of CAD 0.31 per unit for gross proceeds of CAD 2,999,999.89 on April 2, 2026. Each unit will consist of one common share of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one share at CAD 0.45 for a period of two years from the date of closing. All securities issued in connection with the offering will be subject to a statutory resale restriction for four months and one day from the closing date of the offering. Finders' fees may be paid by the company in conjunction with the completion of the financing in accordance with the TSX Venture Exchange policies. The company may pay a finder's fee upon completion of the financing in accordance with TSX Venture Exchange policies. Duyuru • Feb 24
First Hydrogen Corp. (TSXV:FHYD) signed a letter of intent to acquire 60% stake in Exodus Actuation Solutions Inc for CAD 0.79 million. First Hydrogen Corp. (TSXV:FHYD) signed a letter of intent to acquire 60% stake in Exodus Actuation Solutions Inc for CAD 0.79 million on February 23, 2026. The consideration consists of 2 million common equity of First Hydrogen Corp. to be issued for common equity of Exodus Actuation Solutions Inc. First Hydrogen Corp is also funding CAD 2.7 million ($2 million) in stages into Exodus Actuation Solutions Inc.
The letter of intent is subject to completion of due diligence, execution of a mutually agreeable definitive agreement with customary representations, covenants, and other customary terms and conditions and subject to TSX Venture Exchange approval. Duyuru • Jan 02
First Hydrogen Corp. announced that it expects to receive CAD 3 million in funding First Hydrogen Corp. announces a non-brokered private placement to issue 10 million units at a price of CAD 0.30 per unit for gross proceeds of CAD 3,000,000 on December 31, 2025. Each unit will consist of one common share of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one share at CAD 0.45 per share for a period of two years from the date of closing. In connection with the private placement, the company may pay a finder's fee upon completion of the financing in accordance with TSX Venture Exchange policies. The company reserves the right to accept, reject or partially fill any subscriptions received up to the aggregate amount permitted by the TSX Venture Exchange. Duyuru • May 12
First Hydrogen Corp., Annual General Meeting, Jul 18, 2025 First Hydrogen Corp., Annual General Meeting, Jul 18, 2025. Location: british columbia, vancouver Canada New Risk • Mar 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.5m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-CA$5.1m). Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$221k sold). Market cap is less than US$100m (CA$31.7m market cap, or US$22.2m). Recent Insider Transactions Derivative • Feb 12
Interim-CFO & Corporate Secretary exercised options to buy CA$108k worth of stock. On the 5th of February, Edward Low exercised options to buy 300k shares at a strike price of around CA$0.40, costing a total of CA$120k. This transaction amounted to 194% of their direct individual holding at the time of the trade. Since March 2024, Edward's direct individual holding has decreased from 788.28k shares to 154.90k. Company insiders have collectively bought CA$93k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Sep 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.2m free cash flow). Negative equity (-CA$3.5m). Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (CA$35.5m market cap, or US$26.3m). New Risk • Sep 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.2m free cash flow). Negative equity (-CA$3.5m). Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (CA$32.6m market cap, or US$24.2m). Recent Insider Transactions Derivative • May 06
CEO, President & Chairman exercised options to buy CA$297k worth of stock. On the 1st of May, Balraj Mann exercised options to buy 300k shares at a strike price of around CA$0.30, costing a total of CA$90k. This transaction amounted to 22% of their direct individual holding at the time of the trade. Since September 2023, Balraj's direct individual holding has increased from 708.33k shares to 1.64m. Company insiders have collectively bought CA$245k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Apr 03
CEO, President & Chairman exercised options to buy CA$687k worth of stock. On the 27th of March, Balraj Mann exercised options to buy 630k shares at a strike price of around CA$0.16, costing a total of CA$104k. This transaction amounted to 89% of their direct individual holding at the time of the trade. Since September 2023, Balraj has owned 708.33k shares directly. Company insiders have collectively bought CA$125k more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Mar 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Negative equity (-CA$710k). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (7.4% increase in shares outstanding). Market cap is less than US$100m (CA$109.9m market cap, or US$81.1m). Duyuru • Feb 07
First Hydrogen's Vehicle Trials Commence with Wales & West Utilities First Hydrogen Corp. announced the start of month-long vehicle trials with gas distribution network, Wales & West Utilities (WWU). First Hydrogen's hydrogen fuel cell powered vehicle (FCEV) has been designed to meet the needs of fleet operators such as WWU, who are seeking a zero emissions vehicle that can manage long distances, carry heavy payloads and tow, with fast refuelling. First Hydrogen's FCEV achieves more than 630km or 400 miles on a single refuelling. WWU operates 24 hours a day, year-round to deliver vital gas network services. The First Hydrogen trials are taking place during winter, WWU's busiest period for emergency call-outs. Typically, cold temperatures can reduce the range for battery electric vehicles (BEVs), affecting fleet operators' reliability. The trials could also generate data to indicate the FCEV's advantage over BEVs in lower temperatures depending on the weather over the next month. WWU supplies gas to more than 7.5 million customers across Wales and the south west of England. The trials commenced with training for WWU's drivers, enabling them to safely operate the vehicle and understand its technical differences. While completing First Hydrogen's Driver Training accreditation scheme, WWU's drivers performed manoeuvres with the vehicle and even completed a call out to a WWU customer's residence. Importantly, the drivers also practised refuelling the vehicle with green hydrogen, supplied by Protium Green Solutions, at Hyppo Hydrogen Solutions' refuelling unit. Both organizations have helped to develop a hydrogen ecosystem to support First Hydrogen's trial with WWU. Duyuru • Feb 06
First Hydrogen Corp. Announces Director Changes First Hydrogen Corp. has appointed Navjot (Bob) Dosanjh as director, replacing Alicia Milne, who has resigned. Mr. Dosanjh earned his BBA, finance and marketing, from York University's Schulich School of Business and brings over 25 years of experience to the board. Mr. Dosanjh began his career at General Motors of Canada and now is chief executive officer of Gillfor Distribution Inc. Duyuru • Dec 23
First Hydrogen Corp. Announces New Electric Vehicle Availability Standard First Hydrogen Corp. announced of Canada's new Electric Vehicle Availability Standard (the "Standard"), to increase the supply of clean, zero-emission vehicles ("ZEV") in Canada. ZEVs include the Company's hydrogen-powered fuel-cell vehicles ("FCEV") along with battery-electric vehicles ("BEV") and plug-in hybrid electric vehicles. The announcement builds on the Company's launch of a FCEV demonstrator program for North America, and development plans for a 35-megawatt ("MW") hydrogen production plant and a 25,000 per year zero-emission vehicle assembly facility in Shawinigan, Quebec. The Standard will ensure that Canada can achieve a national target of 100% zero-emission vehicles sales by 2035 contributing to Canada's climate change goal of preventing 362 megatonnes of cumulative greenhouse gas emissions. First Hydrogen's FCEV has proved hydrogen power will be essential to meet climate change goals required by Canadian fleet operators in sectors such as grocery, parcel delivery, mining and utilities. Over the past year, First Hydrogen's UK engineering team's dedication to the development of the Company's FCEV has created leading know-how and expertise in the hydrogen automotive sector and truly believe that First Hydrogen's FCEVs can have a tremendous impact on the transport sector's decarbonization. First Hydrogen's F CEV trials have shown its' advantages over BEVs in range, payload towing and fast refueling capabilities. The FCEV has achieved a range over 630 kilometres (400 miles), ahead of the 193 kilometres (120 miles) Worldwide Harmonized Light Vehicle Test Procedure ("WLTP") minimum range requirement of the zero-emission mandate. Global Market Insights reported the light commercial vehicle market surpassed USD 7.8 trillion in 2022 and is anticipated to grow at 9% CAGR to USD 19.9 trillion from 2023 to 2032. Increasing vehicle emission regulations, advancements in vehicle safety, introduction of advanced driver assistance systems ("ADAS") in vehicles, and the rapidly growing retail and e-commerce sectors contribute significantly to the demand for new and advanced commercial vehicles. The logistics and e-commerce industries are expanding rapidly, propelling industry demand. The Company has engaged Caroline Klukowski dba Fluid PR ("Fluid PR") to provide certain investor relations services including assisting the Company with its digital marketing strategies and news release coverage for a term of three (3) months. Fluid PR is based out of British Columbia, Canada. Consideration payable to Fluid PR is a total of CAD 12,000, which is payable in monthly installments of $4,000 for each month of the engagement. In addition, the Company shall issue Caroline Klukowski an aggregate of 25,000 stock options with an exercise price set in accordance with the Company's Long Term Incentive Plan and the TSX-V policies. In connection with the Company's engagement of Fluid PR, the Company has agreed to allow Fluid PR to subcontract certain services to an individual named Reilly Renwick. Reilly Renwick shall be compensated with a monthly fee of $3,500. To the best of the Company's knowledge, neither Fluid PR nor Reilly Renwick have any equity interest in the securities of the Company. Both Fluid PR and Reilly Renwick operate as arm's length service providers to the Company. Duyuru • Dec 21
First Hydrogen Corp. Launches FCEV Vehicle Program in North America First Hydrogen Corp. announced the launch of its new hydrogen-powered-fuel-cell vehicle ("FCEV") program for North America. The North American ("NA") program will perfectly align with the Company's expansion plan and the maturity of Quebec's hydrogen ecosystem. First Hydrogen intends to develop two additional demonstrator FCEVs to showcase with potential North American fleet customers. The Company will continue its successful trial program in the United Kingdom with interested fleet operators. First Hydrogen's FCEV trials have shown hydrogen power will be essential to meet the critical range, payload towing and fast refueling capabilities required by fleet operators in sectors such as grocery, parcel delivery, mining and utilities which cannot be met by battery-electric vehicles ("BEV"). Over the past year, First Hydrogen's UK engineering team's dedication to the development of the Company's FCEV has created leading know-how and expertise in the hydrogen automotive sector. The North American demonstrator program is the next step towards the Company's plan s to build a vehicle assembly facility and green hydrogen production plant in Shawinigan, Quebec. The Company's "Hydrogen-as-a-Service" model will provide customers in the Montreal-Quebec City hub with clean green hydrogen fuel and zero-emission commercial vehicles in order to accelerate the creation of zero-emission ecosystem solutions. The assembly facility target will be for annual production of up to 25,000 vehicles for distribution throughout North America and will represent a major boost to green technology jobs in the region. The North American, Quebec-based, development program will be led by Stephane Gagnon as the Lead Engineer. Mr. Gagnon brings over 30 years of extensive experience to First Hydrogen, previously as program manager for the development of the Airbus A220 (C-Series) at Bombardier Aeronautique and as chief engineer at Novabus (a division of Volvo Group). Mr. Gagnon will work closely with Head of Automotive, Steve Gill and his team. Board Change • Dec 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Barry Hartley was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$135.5m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (CA$135.5m market cap, or US$99.8m). Duyuru • Sep 16
First Hydrogen Corp., Annual General Meeting, Nov 14, 2023 First Hydrogen Corp., Annual General Meeting, Nov 14, 2023. New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Duyuru • Aug 24
First Hydrogen Corp. Announces Opening Up of Hydrogen's Hydrogen-Fuel-Cell Powered Parcel Vehicle Trials First Hydrogen Corp. announces it will be opening up fleet trials to additional commercial opportunities in response to growing interest from parcel delivery companies seeking First Hydrogen's hydrogen-fuel-cell-powered vehicle (FCEV) for express deliveries. Following successful initial fleet operator road trials in the UK, the Company's proof-of-concept demonstrator vehicles are planned for operational trials with several parcel delivery companies looking to enhance their growing greener fleets starting late third quarter and fourth quarter of this year. Until now First Hydrogen has predominantly targeted industries, such as utilities, that require zero emission vehicles with the capability to travel further and carry heavier payloads. Parcel delivery companies face a specific set of challenges, which is encouraging them to explore other zero emissions technology in addition to battery technology to meet commercial and environmental targets. These fleets make up the middle and final stages of the supply chain, which traditionally handle shorter journeys to transport items from local hubs directly to consumers or end users. They are increasingly undertaking longer routes from distribution centers to lockers and shops with parcel collection services or "pick up and drop off points". With fewer stops, the locker model creates two thirds less carbon than conventional home deliveries, which could be reduced further when using greener vehicles. The parcel delivery vehicle market size will surpass USD 210 billion by 20322. The ecommerce boom continues to fuel growth of the delivery market. There are 9.1 million online retailers in the world, trading through their own ecommerce platforms or online marketplaces, and sales are predicted to reach USD 8.1 trillion by 20264. This retail channel contributes to the number of parcels and, as speed of delivery is crucial to service, it increases the number of delivery drivers on the roads and therefore the amount of vehicle emissions. First Hydrogen's engineers highlight that, while the vehicles were designed to sustain longer journeys, they have been equipped with hybrid engines (hydrogen fuel cell and battery), which suit shorter drives in urban and suburban areas. Regenerative braking helps to recharge the battery, particularly during journeys with lots of starts and stops, such as driving in built up areas, or routes with multiple stops - including the journeys delivery drivers make with frequent drop-offs and pick-ups (Drivers can frequently make over 100 stops in a daily shift). Fast hydrogen refueling also reduces the vehicle down-time, i.e., the time a vehicle is off the road and out of service - refueling First Hydrogen's LCV takes approximately 5 minutes whereas charging a similar electric vehicle takes around 5 hours. This extends daily duty cycles, with the vehicles available for longer shifts across multiple drivers, which provides fleets with greater operational flexibility. Duyuru • Aug 11
First Hydrogen Corp. Reports Successful Completion of the First Two Trials of the Company's Hydrogen-Fuel-Cell Powered Vehicle First Hydrogen Corp. reported the successful completion of the first two trials of the Company's hydrogen-fuel-cell powered vehicle (FCEV) with SSE Plc (SSE) and Rivus. The FCEV achieved a range of 630 kilometres on a single refuelling during the trials. Driver feedback from both companies complemented the Company's FCEV on its smooth and effortless drivability, quick refuelling times and automatic transmission. The Company will now look to speed up FCEV trials with the remaining 14 UK fleet operators, including grocery, utility, delivery and health care, by holding track days with multiple fleet operators. Additionally, the Company will open up trials to North American companies. The Global Hydrogen Fuel Cell Vehicle (FCVs) Market was valued at USD 9.3 billion and is projected to grow at a CAGR of 15.8% during 2023-20233. Hydrogen FCVs offer a viable solution in reducing greenhouse gas emissions, as the FCVs produce zero tailpipe emissions contributing to cleaner air quality and mitigating the impact of transportation on global warming. Data taken during the trials suggests that overall vehicle performance is even better than expected, as it exceeds the results set in pre-trial commissioning tests, especially when driven at a constant speed, as less braking and accelerating means less fuel is consumed. For several journeys, the FCEV drove fully loaded one way and was partly loaded on the return. SSE drivers noted that heavier loads did not noticeably decrease vehicle speed, reduce vehicle range, or affect fuel cell performance. SSE was the first utility business to road test First Hydrogen's FCEV. As one of the UK's energy infrastructure companies, SSE has established a Net Zero Action Plan and has recently increased investment in renewables and its electricity networks to PS18 billion. In 2019, SSE committed to transitioning over 3,000 fleet vehicles to electric by 2023, and already it has over 1,100 full EVs in its fleet. Rivus, which manages approximately 120,000 vehicles, including approximately 85,000 LCVs, was the first fleet management company to test drive the first-of-its-kind hydrogen vehicle on UK roads. Fleet management specialists Rivus will use data gathered by First Hydrogen's onboard telematics to make direct performance comparisons between similar BEV and internal combustion engine (ICE) vehicles that have undertaken the same duty cycles. Duyuru • Jul 09
First Hydrogen Corp. Announces Resignation of Nicholas Wrigley from the Board of Directors First Hydrogen Corp. announced that Nicholas Wrigley has resigned from the board of directors. Duyuru • Jun 29
First Hydrogen Corp. Commences Trials with UK Utility SSE First Hydrogen Corp. announced that the Company's hydrogen-fuel-cell powered vehicle (FCEV) has been delivered to UK utility, SSE Plc. The FCEV will begin real-world trials at SSE's operational site at Aberdeen, Scotland and surrounding areas, which features some of the UK's best hydrogen infrastructure. This infrastructure will enable SSE to experience easy and fast refuelling within 5-7 minutes, showcasing a significant advantage of the Company's FCEV over battery electric vehicles (BEV), which typically take hours to recharge. As the UK's largest low-carbon energy infrastructure company, SSE currently operates one of the largest vehicle fleets in the UK and, in recognition of the crucial role decarbonization of transport plays in meeting net zero, has already pledged to switch 2,500 of its vehicles to electric. Data will be collected from onboard instruments analyzing fuel consumption, usage and efficiency. The information will be used towards calculating the Total Cost of Ownership, a key consideration for fleet operators when purchasing vehicles. SSE is the first utility to trial the Company's FCEV, coordinated through the Aggregated Hydrogen Freight Consortium (AHFC). The organization works with large UK fleet operators to accelerate the adoption of hydrogen transport through vehicle deployment and refuelling infrastructure development. The trials will see 16 major fleet operators who expressed interest in trialling First Hydrogen's vehicle, including grocery, utilities, parcel delivery and healthcare companies. Duyuru • May 13
First Hydrogen Corp. announced that it expects to receive CAD 5 million in funding First Hydrogen Corp. announced a non-brokered private placement of minimum 1,041,667 units and up to 2,083,333 units at a price of CAD 2.400000384 per unit for gross proceeds of minimum CAD 2.5 million and up to CAD 5,000,000 on May 12, 2023. Each unit consists of one common share and one non-transferable common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 2.85 per share for a period of two years from the date of closing. The securities issued will be subject to a four month plus a day hold period under applicable securities laws in Canada. A finders’ fees of 8% cash commission may be paid by the company in conjunction with the completion of the transaction in accordance with the TSX Venture Exchange policies. The company reserves the right to accept, reject or partially fill any subscriptions received up to the aggregate amount permitted by the TSX-V. Duyuru • Jan 28
First Hydrogen Corp. Reveals Next Generation Zero Emission LCV First Hydrogen Corp. announced it has received initial Generation II images, designed in collaboration with EDAG Group. These first released images show the next generation's front and rear detail. The front view features a smart digital panel, which shows the configuration of daytime running lights (DRL) designed to give the van a recognisable face and identity, as well as outstanding visibility. The rear elevation reveals vertical taillights either side of the main cargo access point. The design follows function as it accommodates different types of doors including tailgates, barn doors and roller shutters. Known for its top-level development of concept cars, prototypes and expertise in the international automotive industry, global mobility engineers EDAG was appointed by First Hydrogen in 2022 to develop design and styling for the Company's zero-emission light commercial vehicles (LCV). The designs can be scaled to different vehicle heights and lengths. The result will be modular vehicles that allow for customization to suit operational use and can be employed for a wide range of applications including express delivery, grocery, construction and utilities work, emergency services and vehicle recovery. First Hydrogen's fuel cell vehicle offers operational benefits for the zero-emission commercial van market and LCV sector with faster refuelling speeds, longer range, and larger payload, auxiliary load and towing capabilities. The Company's Generation II design will reflect this operational flexibility, ultimately supporting First Hydrogen to become leaders in efficiency and progress for zero emission vehicles. The Company's Generation I FCEVs are now undergoing mileage accumulation and testing before commencing operational trials. Starting March 2023, the vans will be placed with fleet operators from the UK Aggregated Hydrogen Freight Consortium (AHFC), which include national supermarkets, utilities providers, roadside assistance and healthcare services. These real-world on-road trials will enable operators to experience hydrogen transport solutions first-hand and help First Hydrogen engage with potential customers and provide data to inform the development and production of its future vehicles. Duyuru • Nov 22
First Hydrogen Corp. Showcases Its Hydrogen Fuel Cell-Powered Light Commercial Vehicles First Hydrogen Corp. pleased to showcase its hydrogen fuel cell-powered light commercial vehicles (LCV) in operation at the HORIBA MIRA Proving Ground, located near Birmingham, UK. The following link shows the LCVs in operation during its initial testruns, one in fuel-cell and one in battery electric mode (FH Track Run). The vehicles are certified for road use in the United Kingdom (UK), excluding Northern Ireland. Fleet trials with major UK operators are scheduled for January 2023. A total of 14 fleet operators in various industries are engaged to participate in the trials through the UK Aggregated Hydrogen Freight Consortium (AHFC). The Company is now counting down to the unveiling of its new next generation vehicle. First Hydrogen's next generation vehicle platform is the culmination of 18 months of work by First Hydrogen's Automotive team and represents a major step forward for the Company by providing zero emission, compelling range, payload and overall total cost of ownership for the light commercial vehicle segment. The Company's commercial vehicle strategy is focused on supplying zero emission LCVs to the UK, European Union, United States and Canada. The global light commercial vehicle market is projected to reach $786.5 billion by 20301. These vehicles, together with the Company's Hydrogen-as-a-Service (HaaS) solution, which supplies green hydrogen fuel, distribution and complementing vehicle management services, will help the sector meet zero emission targets. Duyuru • Oct 15
First Hydrogen Corp.'S First Hydrogen Vans Receive Road Certification First Hydrogen Corp. announced that its two light commercial vehicles (LCVs) have been certified legal on United Kingdom (UK), excluding Northern Ireland, roads by the Vehicle Certification Authority. The vehicles will now be able to undertake customer trials on public roads commencing January 2023 for a period of 24 months during which the Company expects to collect significant proprietary data from fleet owners and to capture high-level interest for future orders. The vans will be trialled in real-world conditions with major fleet operators initially in the UK and enable the Company to publicly showcase its leading design and accelerate the adoption by light commercial vehicle owners of fuel cell-powered vehicles to replace aging diesel fleets. A total of 13 UK fleet operators in various industries including telecoms, utilities, infrastructure, delivery, grocery and healthcare have signed up to participate in the trials. These two demonstrator vehicles will showcase the advantages fuel cell electric vehicles have over battery electric vehicles in terms of range and refuelling speed. First Hydrogen vehicles offer 400-600km of range on a single refuelling, which takes a matter of minutes. The certification is a significant milestone for the Company and will help with further approvals required as First Hydrogen scales up its vehicle demonstrator program to trial the vehicles in the European Union, United States and Canada. Duyuru • Aug 23
First Hydrogen Corp. Announces First Hydrogen Vehicles Complete Commissioning Trials and Increased Fleet Operator Interest First Hydrogen Corp. announced that its two demonstrator vehicles have successfully completed initial commissioning trials. The Company's demonstrator vehicleshave passed the important vehicle control system tests as part of the commissioning trials. The fuel cell systems, including the stack supplied by Ballard Power Systems, have undergone extensive calibration and testing in Graz, Austria. The testing is run by First Hydrogen's automotive build partner, AVL. The commissioning process ensures that the vehicles meet the highest possible safety standards for hydrogen and high voltage electrical safety systems. As part of the commission, Essex County Fire and Rescue Service inspected the vehicles at AVL's facility in Basildon, UK and were satisfied the control measures put in place have supported the application for use on the county's roads. This important step enables the vehicles to be tested in mixed road and driving conditions and to confirm performance ahead of First Hydrogen's real-world operational trials with major fleet operators in early 2023. Since announcing the trials, which are coordinated through Element Energy and the UK Aggregated Hydrogen Freight Consortium (AFHC), a further two fleets have expressed interest in participating in the demonstration programme. A total of 12 fleet operators working across a range of industries including telecoms, utilities, infrastructure, delivery, grocery and healthcare have now signed up to participate. They will be able to technically evaluate First Hydrogen's fuel cell vehicles in terms of payload, range and ease of refuelling and compare ease of use with battery electric alternatives. It is expected that First Hydrogen will be able to secure indications of interest for future vehicle orders as a result of these trials. Duyuru • Aug 03
First Hydrogen Corp. Appoints Rob Campbell as CEO First Hydrogen Corp. announced Rob Campbell has been appointed Chief Executive Officer Energy to lead the Company's development of green hydrogen production and hydrogen refuelling technology. Mr. Campbell was previously Senior Vice President and Chief Commercial Officer at Ballard Power Systems (Ballard), the world's leading provider of fuel cells and clean energy solutions for sustainable transit systems. For more than two decades Mr. Campbell has championed the use of renewable energy, hydrogen and fuel cells to positively address the challenges of climate change, pollution and energy security. His role at Ballard covered global business development, sales and marketing, product line management and after-sales service for its key power product markets - Heavy Duty Vehicles, Material Handling and Stationary Power. Prior to joining Ballard, Mr. Campbell was President and CEO of SoloPower Systems Inc. and has previously held Vice President roles at Energy Conversion Devices and Solar Integrated Technologies, and at Hydrogenics, a manufacturer of hydrogen fuel cell and electrolyser products. Having taken on a director role at First Hydrogen in January this year, Mr. Campbell now joins the Company as Energy CEO. He will be responsible for developing green hydrogen production sites and fuel distribution systems, critical elements within First Hydrogen's total hydrogen mobility solution. The company's "Hydrogen-as-a-Service" model will provide customers with clean green hydrogen fuel, refuelling technology and zero-emission commercial vehicles in order to accelerate the creation of zero-emission eco-system solutions. A licensed professional engineer with the Professional Engineers Association of Ontario, Mr. Campbell holds the ICD.D designation from the Institute of Corporate Directors. He gained a Bachelor of Science degree in Engineering from Queen's University and an MBA in Finance and Marketing from York University's Schulich School of Business. Together with his extensive knowledge of high-growth markets and engineering-based capital equipment sales, Rob's experience will lead the delivery of the company's first green hydrogen production sites and hydrogen refuelling stations, which are in development with FEV Consulting Group. Later this year, First Hydrogen Automotive will launch two hydrogen-powered demonstrator Light Commercial Vehicles (LCVs) featuring Ballard fuel cells. Mr. Campbell will help to establish the necessary infrastructure to enable fleet operators to adopt zero-emission, hydrogen-powered vehicles. Duyuru • Jul 19
First Hydrogen Corp. Appoints Afkenel Schipstra as Chief Operational Officer of First Hydrogen Limited First Hydrogen Corp. announce its' subsidiary, First Hydrogen Limited, has appointed Afkenel Schipstra as Chief Operational Officer to grow the Energy division. Ms. Schipstra joins First Hydrogen from the multinational utility company ENGIE, where she held the role of Senior Vice President of Hydrogen Business Development. She was responsible for large- scale hydrogen projects in the Netherlands, including HyNetherlands, a 1.85 GW green hydrogen value chain, which covers the production, transportation and usage of green hydrogen. She is also a Non-Executive Director and Chair of the Audit & Risk Committee of HydrogenOne Capital Growth plc., the first hydrogen fund to list on the London Stock Exchange. Prior to ENGIE, Afkenel was Hydrogen Program Manager at TSO Gasunie N.V., where she developed a roadmap for the company's hydrogen activity and, in her previous role of Senior Business Development Manager, she worked on carbon capture, usage and storage (CCUS) and District heating projects. Passionate about bringing more women into the industry she is an active member of Women in Hydrogen and a founding member of VIEN, a community of energy leaders committed to bridging the diversity gap to create a sustainable and inclusive future for the sector. Afkenel holds a Masters degree from the Rotterdam School of Management, is a Registered Controller and has more than 15 years of extensive experience in business leadership and finance management for the Energy sector. At First Hydrogen, she will assist the Company to establish environmentally sustainable green hydrogen production sites and deliver its refuelling solutions, a key part of First Hydrogen's ambition to guarantee a supply of green hydrogen for its customers. Duyuru • Jul 12
First Hydrogen Corp. Appoints Allan Rushforth as Chief Commercial Officer First Hydrogen Corp. announce its subsidiary, First Hydrogen Limited, has appointed Allan Rushforth as Chief Commercial Officer for its automotive division. Allan was the former Vice President of Global Sales & Performance at Nissan and Chief Operating Officer at Hyundai Motor Europe, Group Services Director at Volkswagen Group UK and Head of Retail Operations at Audi UK. Allan has also held commercial leadership roles with Land Rover and BMW Korea, and was Managing Director at Lookers, Europe's fourth-largest automotive retailer, where he was responsible for a turnover of more than 5 bn. Mr. Rushforth's most recent role was European Managing Director for the Marque Group, an Australian private equity-backed collective of auto technology businesses, where he was responsible for leading the group in European markets. Alongside this role, he also supported the online electric vehicle marketplace, zeVie Cars, as Non-Executive Director. Duyuru • Jun 28
First Hydrogen Corp. Appoints Manuel Tolosa as Head of Powertrain Engineering First Hydrogen Corp. has appointed Manuel Tolosa as Head of Powertrain Engineering to support its development of hydrogen fuel cell-powered light commercial vehicles (LCV). For the last 16 years, Manuel has been responsible for hydrogen vehicle development projects at BMW Group (BMW), including the development of the unique BMW iX5 Hydrogen small series. With First Hydrogen, Manuel will provide leadership and direction in all areas of powertrain technology, innovation and engineering application through to production and post-production. He is responsible for implementing the technology, product and business strategy. In his most recent role, Program Manager Fuel Cell System and Hydrogen Storage at BMW, Manuel directed the main development strategies for the next generation of vehicles. He also led BMW's long-term cooperation with Toyota Motor Corporation from a technical perspective and helped to align battery electric vehicle (BEV) and fuel cell electric vehicle (FCEV) platforms for their common use. During his time at BMW, Manuel developed the core power train components for passenger cars, led the technical development of the primary parts in all demonstrator projects, redesigned the liquid hydrogen tank integrated into the Hydrogen 7 fleet and first introduced fuel cell systems and compressed gas tanks into a number of vehicles, including the BMW 5 Series GT FCEV hydrogen fuel cell prototypes. Duyuru • Jun 04
First Hydrogen Corp., Annual General Meeting, Aug 16, 2022 First Hydrogen Corp., Annual General Meeting, Aug 16, 2022. Duyuru • May 10
First Hydrogen Corp. Announces First Hydrogen Vehicle Testing to Commence First Hydrogen Corp. announced by way of update that its two MAN-based fuel cell-powered light commercial demonstrator vehicles (LCV), equipped with Ballard Power Systems’ (Ballard) fuel cells and currently being built by AVL Powertrain UK, are on schedule to commence operational testing next month. These two vehicles are expected to be road legal by September 2022 allowing for trials with major fleet operators. It is anticipated that these trials will be carried out with a significant number of fleet operators and buyers based on the interest which has already been generated. These trials will serve to enhance product development and create customer engagement and partnerships around First Hydrogen Automotive’s future fleets of LCVs. Duyuru • Apr 24
First Hydrogen Corp. announced that it expects to receive CAD 5.999999 million in funding First Hydrogen Corp. announced a non-brokered private placement of up to 2,222,222 units at a price of CAD 2.70 per unit for gross proceeds of up to CAD 5,999,999.40 on April 22, 2022. Each unit consists of one common share and one non-transferable common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 3.70 per share for a period of two years from the date of closing. The securities issued will be subject to a four-month-plus-a-day hold period under applicable securities laws in Canada. A finders’ fees may be paid by the company in conjunction with the completion of the transaction in accordance with the TSX Venture Exchange policies. The company reserves the right to accept, reject or partially fill any subscriptions received up to the aggregate amount permitted by the TSX-V. Duyuru • Apr 21
First Hydrogen Corp. Announces the Appointment of Stephen Pendrey as Chief Engineer - Vehicle Program for its Automotive Division First Hydrogen Corp. announced the appointment of Stephen Pendrey as Chief Engineer - Vehicle Program for its Automotive division. His appointment to the company's UK-based technical team signifies further growth and commitment to delivering the brand's first hydrogen-fuelled, zero-emissions utility vehicles. With 35 years of experience in cutting-edge product development for the automotive sector, Stephen has previously worked on projects for Jaguar Land Rover, Daimler Trucks and Volvo. His most recent role, Automotive Programmes Director at Belcan Global Engineering (Belcan), saw him establish and grow the Belcan Automotive Division in the UK. Stephen has worked on a number of innovative electric vehicle projects, developing products including high-performance sports cars, light-duty trucks, buses and military vehicles. Duyuru • Mar 04
First Hydrogen Corp. Appoints Peter Williams as A Non-Executive Director of First Hydrogen UK First Hydrogen Corp. announce it has appointed Dr. Peter Williams as a Non-Executive Director of First Hydrogen UK. His appointment will help grow First Hydrogen's UK subsidiary, which is focused with delivering the first hydrogen-fuelled and zero-emissions utility vehicles, green hydrogen production and distribution. Peter is currently Group Technology Director and Head of Investor Relations at global chemical company INEOS. Reported Earnings • Mar 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: CA$0.077 loss per share (down from CA$0.003 loss in 3Q 2021). Net loss: CA$4.19m (loss widened CA$4.08m from 3Q 2021). Revenue was in line with analyst estimates. Duyuru • Feb 17
First Hydrogen Corp. Announces its' Subsidiary First Hydrogen Limited Enters into a Research and Collaboration Agreement for an Initial 5- Year Period with the University of Cambridge First Hydrogen Corp. announced its' subsidiary First Hydrogen Limited has entered into a Research and Collaboration Agreement for an initial 5- year period with the University of Cambridge in the United Kingdom. The collaboration with the University of Cambridge has as its centrepiece, the joint development of hydrogen related technologies to unlock the hydrogen economy with particular focus on the automotive industry, hydrogen production and fuel distribution industries. The University of Cambridge team will be led by Professor Seamus Higson of the Department of Chemical Engineering and Biotechnology, a world leading institution in energy transition and the department that first developed the hydrogen fuel cell, which was subsequently used in the Apollo moon missions. The initial project which First Hydrogen will be developing with the University is an AI software learning tool to harvest user and supplier information related to hydrogen usage to better inform hydrogen business cases and help direct the significant investments into hydrogen mobility and related infrastructure. This dynamic tool is expected to be a source of additional revenues for First Hydrogen and to give the company a unique data advantage to help it develop its own technology and infrastructure in the hydrogen sector. Duyuru • Feb 01
First Hydrogen Corp. Appoints Nicholas Wrigley as Chairman and Director of First Hydrogen UK Limited First Hydrogen Corp. announced the appointment of Nicholas Wrigley as Chairman and director of First Hydrogen UK Limited. Mr. Wrigley founded Winch Energy Group in 2008 and served as CEO until recently and remains as non-executive Chairman. Winch Energy has successfully developed, constructed and operated 300+ MW of solar plants in Europe and is now developing rural projects in 10 African and Latin American countries. Mr. Wrigley was also a founding partner of UPC Renewables LLC, with 4+ GW of wind plants built in the past 15 years supported by a US$5 billion investment including the development of a 120 MW wind power plant in Morocco in 2019. Mr. Wrigley will oversee First Hydrogen's Worldwide development of the company's hydrogen-fuel-cell-powered light and medium commercial vehicle business ("LCV") and constructing the Company's two MAN hydrogen fuel cell road legal demonstrators with AVL Powertrain UK and Ballard Power Systems. Mr. Wrigley will also oversee the development and build out of the recently announced hydrogen refueling stations division, with consultants FEV Group. and seek other complimentary opportunities in the hydrogen space with his wealth of contacts, including hydrogen production and procurement. Mr. Wrigley holds a law degree from the Law School of Chester and is admitted to the Law Society of England and Wales and to the Italian Bar. Mr. Wrigley previously served as Managing Partner and Head of Continental Europe at the international law firm Clifford Chance LLP. This adds to the First Hydrogen team as previously announced the appointment of Steve Gill as director of First Hydrogen UK Limited and as Chief Executive Officer of its' automotive division. Mr. Gill has extensive experience as an executive, board director and consultant in the automotive industry specializing in powertrain technology and transport decarbonization. Previously, Mr. Gill was Director, Power Engineering at Ford of Europe and board member of Ford Technologies Ltd. Also recently announced to the team is the appointment of Robert Campbell as non-executive director of First Hydrogen UK Limited, the Company's wholly owned subsidiary. Mr. Campbell is currently Senior Vice-President and Chief Commercial Officer at Ballard Power Systems since 2017. His responsibilities include global business development, sales, marketing, product line management and after-sales service activities in Ballard's key Power Products markets of Heavy-Duty Motive, Material Handling and Stationary Power. Duyuru • Sep 08
Pure Extraction Corp. announced that it has received CAD 3 million in funding On September 7, 2021, Pure Extraction Corp. closed the transaction. The company paid finder fees of CAD 240,000 in cash and issued 192,000 finder’s warrants. Each finder’s warrant is exercisable at CAD 1.25 into one common share for a period of two years. Duyuru • Aug 08
Pure Extraction Corp. announced that it expects to receive CAD 3 million in funding Pure Extraction Corp. announced a non-brokered private placement of 2,400,000 units at a price of CAD 1.25 per unit for gross proceeds of CAD 3,000,000 on August 6, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 2 per share for a period of two years from the date of closing. The securities are being subject to four months and one day hold period. A finders’ fees may be paid by the company in conjunction with the completion of the transaction in accordance with the TSX Venture Exchange policies. The company reserves the right to accept, reject or partially fill any subscriptions received up to the aggregate amount permitted by the TSX-V. Duyuru • Nov 21
Pure Extraction Corp., Annual General Meeting, Dec 30, 2020 Pure Extraction Corp., Annual General Meeting, Dec 30, 2020. 