Hertz Energy Clarifies IR Agreement

Hertz Energy Clarifies IR Agreement

Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QX1)  ("Hertz" or the "Company") at the request of the Canadian Securities Exchange, provides the following clarifying news release with respect to the investor relations agreement entered into with Outside The Box Capital Inc.

Outside the Box

The Company announced that it had entered into a marketing and consulting agreement (the "OTBC Agreement") with an arm's length marketing firm, Outside The Box Capital Inc. ("OTBC") of Oakville Ontario, to provide marketing consulting and investor relations services, including marketing services through social media channels and online media distribution.

In connection with the OTBC Agreement, for a term of 1 month starting on September 4, 2024, the Company will issue OTBC 500,000 options to purchase Hertz Energy shares at a price of $0.085 over two years and payments of $25,000 upon signing of agreement. OTBC has its principal place of business at 2202 Green Orchard Place, Oakville, Ontario L6H 4V4. OTBC can be contacted at jason@outsidethebox.capital or by telephone at (289) 259-4455. OTBC has no direct relationship with the Company other than as set out in this press release.

About the Company

The Company is a British Columbia based junior exploration company primarily engaged in the acquisition and exploration of energy metals mineral properties. The Company's lithium exploration projects include the AC/DC Lithium Project, and Snake Lithium Project in Jame Bay Québec. The AC/DC Project is 26,500 hectares located in the renowned James Bay Lithium District in Québec, Canada, just 26kms southeast of the Corvette Lithium Project owned by Patriot Battery Metals and is contiguous to Rio Tinto's Kaanaayaa project claims. The Company's Snake Lithium Project is also district scale and located amongst highly prospective projects held by other exploration companies. Hertz Energy's Harriman Antimony Project is its first Antimony property acquisition.

For further information, please contact Mr. Kal Malhi or view the Company's filings at www.sedarplus.ca.

On Behalf of the Board of Directors

Kal Malhi
Chief Executive Officer and Director
Phone: 604-805-4602
Email: kal@bullruncapital.ca

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding "Forward-Looking" Information

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223896

News Provided by Newsfile via QuoteMedia

HZ:CC
Hertz Energy

Hertz Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Hertz Lithium

Hertz Energy


Keep reading...Show less
Hertz Energy Inc. Announces Resignation Of Director

Hertz Energy Inc. Announces Resignation Of Director

(TheNewswire)

Hertz Energy Inc.


News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Hertz Energy Acquires Lake George Antimony Property in New Brunswick

Hertz Energy Acquires Lake George Antimony Property in New Brunswick

Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QX1) ("Hertz" or the "Company") is pleased to announce the acquisition of the Lake George Antimony Property ("Lake George" or the "Property") located in the Province of New Brunswick. The Property is located in the southwestern part of the province, approximately 30 km southwest of the city of Fredericton.

The Property is comprised of 93 mineral claims within two claim blocks recently staked by the Company for a total area of approximately 2,104.5 hectares. The Property surrounds the past-producing Lake George Antimony Mine ("Lake George Mine") and is considered an exploration-stage Antimony-Gold (Sb-Au) prospect located immediately along strike to the southwest and northeast, as well as downdip to the north of the historical Lake George Mine. The Property benefits from excellent road access, hydroelectric power, and nearby available personnel for field and exploration activities.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Hertz Energy Begins Exploration at Harriman Antimony Property in Québec

Hertz Energy Begins Exploration at Harriman Antimony Property in Québec

Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) ("Hertz" or the "Company") is pleased to announce the start of exploration programs at the Harriman Antimony Property ("Harriman Property" or the "Property") comprised of 49 mineral claims (approximately 2,500 hectares) located in the Province of Québec beginning the week on September 16, 2024.

The Harriman Property is an exploration stage antimony project located approximately 17 km northeast of the town of New Richmond in the Gaspé Region of Québec (Figures 1, 2). The Gaspé Region is known for a variety of significant mineral deposits, most notably the Mine Gaspé Copper Mine, currently being developed by Osisko Metals. The Harriman Property benefits from good road access, hydroelectric power, port access, and nearby available manpower.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Hertz Energy Announces Loan Agreement

Hertz Energy Announces Loan Agreement

Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QX1) (the "Company" or "Hertz") announces entering into a loan agreement with Flowing Lithium Exploration Inc.

The Company has entered into a loan agreement dated June 17, 2024 (the "FLE Loan Agreement") with Flowing Lithium Exploration Inc. ("FLE"), pursuant to which the Company agreed to borrow from FLE CDN$150,000.00 (the "FLE Loan"). The FLE Loan bears interest at a rate of 10.0% per annum and is due in full on June 17, 2025. The FLE Loan is considered an arm's length transaction.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Hertz Lithium: Discovery Of Multiple Outcropping Pegmatite Dykes Identified at AC/DC Lithium Project - James Bay, Canada

Hertz Lithium: Discovery Of Multiple Outcropping Pegmatite Dykes Identified at AC/DC Lithium Project - James Bay, Canada

Highlights

  • Discovery of at least 7 pegmatite occurrences during maiden field program at AC/DC project.
  • Field work followed up on twelve priority targets generates from a recent hyperspectral survey.
  • Field work pin-pointed an approximately 100m long, 5-10m wide, and 5m thick pegmatite.
  • Pegmatite compositions include white-pink feldspar, grey quartz, trace biotite +/- garnet, +/-tourmaline.
  • Project encompassing 516 contiguous mineral claims spanning 265 square kilometers, shares geology and is located contiguous to Rio Tinto's Kaanaayaa Lithium Project.
  • Located 26 km southeast of the Corvette Lithium Project owned by Patriot Battery Metals with an inferred mineral resource of 109.2 Mt at 1.4% Li2O¹.
  • Assays from maiden site visit expected in coming weeks.

Hertz Lithium CEO & Director, Kal Malhi stated, "Hertz Lithium just closed the transaction to acquire Canuck Lithium and the AC/DC Lithium project in James Bay on October 25, 2023. With the help of Dahrouge Geological and Mercator Geological, we were able to assemble an exploration crew to rush onto the property during the final workdays of the exploration season. With only 3.5 workdays on the ground before the weather in James Bay turned adverse, we were able to target some very high-priority targets on the property and complete initial prospecting. The identification of multiple advanced pegmatites with lithium-associated minerals on the property is encouraging and provides our exploration teams strong confidence on the merits of the AC/DC project as well the adjoining Rio Tinto Kaanaayaa Lithium project which hosts similar geology as the AC/DC Lithium Project. "

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Skyharbour Commences Fall Diamond Drilling Program at its Russell Lake Uranium Project, Saskatchewan

Skyharbour Commences Fall Diamond Drilling Program at its Russell Lake Uranium Project, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (the "Company") is pleased to announce the commencement of its fall diamond drilling program at the 73,294 hectare Russell Lake Uranium Project ("Russell" or the "Project"). The Project is 51% owned by Skyharbour as operator with joint-venture partner Rio Tinto Exploration Canada Inc. ("RTEC") owning the other 49%. It is strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan with access to regional infrastructure including an all-weather road and powerline. Skyharbour is planning a 4,500-metre diamond drilling program in seven to nine holes at the project, building on the successful results from the drilling campaign completed earlier this year. The Company's geologists, along with a contracted drilling crew, are based at Skyharbour's exploration camp on the McArthur River-Key Lake haul road, situated within five kilometres of Denison Mines' Phoenix deposit at the Wheeler River Project.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
NUCLEAR FUELS ANNOUNCES ADDITIONAL NON-BROKERED PRIVATE PLACEMENT WITH ENCORE ENERGY CORP AND STRATEGIC INVESTORS

NUCLEAR FUELS ANNOUNCES ADDITIONAL NON-BROKERED PRIVATE PLACEMENT WITH ENCORE ENERGY CORP AND STRATEGIC INVESTORS

Nuclear Fuels Inc. (CSE:NF | OTCQX:NFUNF) ("Nuclear Fuels" or the "Company") is pleased to announce a non-brokered private placement of 9,837,500 units (the "Units") for gross proceeds of $3,935,000 (the "Offering"). Each Unit will consist of one common share (a "Share') of the Company and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to acquire one common share (a "Warrant Share") for a period of 36 months from the closing of the Offering at a price of $0.55 per Warrant Share. The private placement is an add-on to the recently announced bought deal financing ( NF News Release October 30, 2024 ).

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Skyharbour Enters into Agreements to Partner with Hatchet Uranium Corp. on Several of its Uranium Projects Located in the Athabasca Basin, Saskatchewan

Skyharbour Enters into Agreements to Partner with Hatchet Uranium Corp. on Several of its Uranium Projects Located in the Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ("Skyharbour" or the "Company"), is pleased to announce that it has entered into agreements with a private arm's-length company, Hatchet Uranium Corp. (the "Hatchet"), whereby Hatchet may acquire an 80% interest in the Company's 9,339 ha Highway Uranium Property (the "Optioned Property") and a 100% interest, subject to a claw-back provision for Skyharbour, in the Company's Genie, Usam and CBXShoe Uranium Projects (the "Purchased Property") totalling 66,358 ha, all located in the Athabasca Basin, Northern Saskatchewan, Canada.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Hatchet Uranium Corp. Signs Agreements with Skyharbour Resources Ltd. on Five Uranium Projects Located Northeast of the Athabasca Basin, Saskatchewan

Hatchet Uranium Corp. Signs Agreements with Skyharbour Resources Ltd. on Five Uranium Projects Located Northeast of the Athabasca Basin, Saskatchewan

ValOre Metals Corp. ("ValOre"; TSX ‐ V: VO; OTCQB: KVLQF; Frankfurt: KEQ0) today provided an update on developments concerning Hatchet Uranium Corp. ("HUC"), in which ValOre currently holds a 67.5% ownership interest ( CLICK HERE for ValOre news release on May 29, 2024, for HUC incorporation transaction details).

Hatchet Uranium Corp. has entered into agreements with Skyharbour Resources Ltd. ("Skyharbour"), whereby HUC may acquire an 80% interest in Skyharbour's 9,339 ha Highway Uranium Property (the "Optioned Highway Property") and a 100% interest, subject to a "claw-back" provision for Skyharbour, in Skyharbour's Genie, Usam and CBX/Shoe Uranium Projects (the "Purchased Properties") totalling 66,358 ha, all located peripheral to the Athabasca Basin, in northern Saskatchewan, Canada.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Canadian Investment Regulatory Organization Trade Resumption - NF

Canadian Investment Regulatory Organization Trade Resumption - NF

Trading resumes in:

Company: Nuclear Fuels Inc.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
NUCLEAR FUELS ANNOUNCES $8 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

NUCLEAR FUELS ANNOUNCES $8 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES   OR FOR DISSEMINATION IN THE UNITED STATES /

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Haywood Securities Inc. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought-deal" private placement basis, 20,000,000 units of the Company (the "Units") at a price of $0.40 per Unit (the "Offering Price") for gross proceeds of $8,000,000 (the "Underwritten Offering").

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Hertz Energy

Hertz Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×