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Primary Hydrogen Appoints Peter Lauder as VP Exploration

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Primary Hydrogen Corp (TSXV:HDRO, OTCQB:HNATF) has appointed Peter Lauder as Vice President of Exploration, effective immediately. Lauder brings over 25 years of expertise in exploration and mining geology, with significant experience in designing and managing underground and surface exploration programs across Canada and West Africa.

Lauder's notable achievements include advancing Goldcorp's Eleonore Project in Quebec and holding senior positions at major mining companies. He has recently focused on hydrogen exploration in Quebec, Ontario, and the U.S., aligning with Primary Hydrogen's strategic direction.

The company has also engaged Venture Liquidity Providers Inc. (VLP) for market-making services at C$5,000 per month. As part of his appointment, Lauder received 400,000 incentive stock options, exercisable at $0.50 for five years, vesting over 12 months in four equal installments.

Primary Hydrogen Corp (TSXV:HDRO, OTCQB:HNATF) ha nominato Peter Lauder come Vicepresidente delle Esplorazioni, con effetto immediato. Lauder porta con sé oltre 25 anni di esperienza nella geologia dell'esplorazione e delle miniere, con esperienze significative nella progettazione e gestione di programmi di esplorazione sotterranea e superficiale in Canada e nell'Africa occidentale.

Tra i risultati notevoli di Lauder ci sono i progressi nel Progetto Eleonore di Goldcorp in Quebec e ruoli di alta responsabilità in importanti aziende minerarie. Recentemente ha concentrato i suoi sforzi sull'esplorazione dell'idrogeno in Quebec, Ontario e negli Stati Uniti, in linea con la direzione strategica di Primary Hydrogen.

L'azienda ha anche impegnato Venture Liquidity Providers Inc. (VLP) per servizi di market-making a C$5,000 al mese. Come parte della sua nomina, Lauder ha ricevuto 400,000 opzioni di stock incentive, esercitabili a $0.50 per cinque anni, con un periodo di maturazione di 12 mesi in quattro rate uguali.

Primary Hydrogen Corp (TSXV:HDRO, OTCQB:HNATF) ha nombrado a Peter Lauder como Vicepresidente de Exploración, con efecto inmediato. Lauder aporta más de 25 años de experiencia en geología de exploración y minería, con experiencia significativa en el diseño y gestión de programas de exploración subterránea y superficial en Canadá y África Occidental.

Los logros notables de Lauder incluyen el avance del Proyecto Eleonore de Goldcorp en Quebec y la ocupación de posiciones de alto nivel en grandes compañías mineras. Recientemente se ha centrado en la exploración de hidrógeno en Quebec, Ontario y EE.UU., alineándose con la dirección estratégica de Primary Hydrogen.

La empresa también ha comprometido a Venture Liquidity Providers Inc. (VLP) para servicios de creación de mercado por C$5,000 al mes. Como parte de su nombramiento, Lauder recibió 400,000 opciones de acciones incentivadas, que se pueden ejercitar a $0.50 durante cinco años, con un período de consolidación de 12 meses en cuatro cuotas iguales.

프라이머리 수소 주식회사 (TSXV:HDRO, OTCQB:HNATF)가 피터 로더를 탐사의 부사장으로 즉시 임명했습니다. 로더는 캐나다 및 서아프리카 전역에서 지하 및 표면 탐사 프로그램을 설계하고 관리하는 데 풍부한 경험을 가진 25년 이상의 탐사 및 광물학 분야의 전문성을 가지고 있습니다.

로더의 주요 업적에는 퀘벡에 있는 골드코프의 엘레오노르 프로젝트를 발전시킨 것과 주요 광산 회사에서 고위직을 맡은 경험이 포함됩니다. 그는 최근 퀘벡, 온타리오 및 미국에서 수소 탐사에 중점을 두어 프라이머리 수소의 전략적 방향과 일치하고 있습니다.

회사는 또한 시장 조성 서비스를 위해 벤처 유동성 제공업체 Inc. (VLP)를 매달 C$5,000에 고용했습니다. 임명에 따라 로더는 400,000개의 인센티브 주식 옵션을 수령했으며, 이는 5년 동안 $0.50에 행사 가능하고 12개월에 걸쳐 4회의 동일한 분할로 분할되어 가취득됩니다.

Primary Hydrogen Corp (TSXV:HDRO, OTCQB:HNATF) a nommé Peter Lauder au poste de Vice-Président de l'Exploration, avec effet immédiat. Lauder apporte plus de 25 ans d'expertise en géologie d'exploration et minière, avec une expérience significative dans la conception et la gestion de programmes d'exploration souterraine et de surface à travers le Canada et l'Afrique de l'Ouest.

Parmi les réalisations notables de Lauder, on trouve l'avancement du projet Eleonore de Goldcorp au Québec et des postes de direction dans de grandes entreprises minières. Il s'est récemment concentré sur l'exploration de l'hydrogène au Québec, en Ontario et aux États-Unis, en alignement avec la direction stratégique de Primary Hydrogen.

L'entreprise a également engagé Venture Liquidity Providers Inc. (VLP) pour des services de création de marché à raison de 5 000 CAD par mois. Dans le cadre de sa nomination, Lauder a reçu 400 000 options d'actions incitatives, pouvant être exercées à 0,50 $ pendant cinq ans, avec une acquisition échelonnée sur 12 mois en quatre versements égaux.

Primary Hydrogen Corp (TSXV:HDRO, OTCQB:HNATF) hat Peter Lauder mit sofortiger Wirkung zum Vizepräsidenten der Exploration ernannt. Lauder bringt über 25 Jahre Erfahrung in der Exploration und Bergbaugeologie mit, einschließlich umfangreicher Erfahrungen in der Planung und Verwaltung von Untergrund- und Oberflächenexplorationsprogrammen in Kanada und Westafrika.

Zu Lauders bemerkenswerten Leistungen gehört der Fortschritt des Eleonore-Projekts von Goldcorp in Quebec sowie leitende Positionen in großen Bergbauunternehmen. In letzter Zeit hat er sich auf die Wasserstoffexploration in Quebec, Ontario und den USA konzentriert, was mit der strategischen Ausrichtung von Primary Hydrogen übereinstimmt.

Das Unternehmen hat auch Venture Liquidity Providers Inc. (VLP) für Marktbereitstellungsdienste zu C$5.000 pro Monat engagiert. Im Rahmen seiner Ernennung erhielt Lauder 400.000 Anreiz-Aktienoptionen, die zu $0,50 über einen Zeitraum von fünf Jahren ausgeübt werden können und über 12 Monate in vier gleichen Raten gewährt werden.

Positive
  • Appointment of highly experienced VP Exploration with 25+ years of expertise
  • New executive brings specific hydrogen exploration experience in key markets
  • Implementation of market-making services to improve trading liquidity
Negative
  • Additional monthly expense of C$5,000 for market-making services
  • Potential dilution from 400,000 new stock options granted

VANCOUVER, BC / ACCESS Newswire / February 10, 2025 / Primary Hydrogen Corp. (TSXV:HDRO)(FRA:83W0)(OTCQB:HNATF) (the "Company" or "Primary"), a leading junior exploration company focused on unlocking the potential of natural hydrogen resources, is pleased to announce the appointment of Peter Lauder as Vice President of Exploration, effective immediately.

Mr. Lauder is a highly experienced mine and exploration geologist with over 25 years of expertise in designing, implementing, and managing underground and surface exploration programs. He has held senior roles at top-tier mining and exploration companies across Canada and West Africa, contributing to major discoveries and resource development. Most recently, he has applied his extensive geological knowledge to hydrogen exploration in Quebec, Ontario, and the U.S., aligning directly with Primary Hydrogen's strategic focus.

Mr. Lauder played a pivotal role in advancing Goldcorp's Eleonore Project in Quebec, overseeing exploration activities from feasibility through to full production. His career includes senior positions with Endeavour Mining (Siou Mine), IAMGOLD (Westwood Mine), Hecla Mining (Casa Berardi Mine), Placer Dome (Timmins), and BHP Canada. More recently, he served as Quebec Exploration Manager for Wallbridge Mining's Northern Fenelon Project. With expertise in 3D geological modeling and database management, he brings a strong technical foundation to his new role at Primary Hydrogen.

"We are thrilled to welcome Peter Lauder to our executive team," said Benjamin Asuncion, CEO of Primary Hydrogen Corp. "His extensive experience in both mineral and hydrogen exploration will be instrumental in advancing our portfolio of natural hydrogen projects and driving the Company's growth."

In his new role, Mr. Lauder will oversee all exploration activities, including project evaluation, geological assessments, and strategic planning to accelerate the discovery and development of natural hydrogen resources.

"I am excited to join Primary Hydrogen at such a pivotal time," said Mr. Lauder. "The potential of natural hydrogen as a clean energy source is immense, and I look forward to contributing to the Company's efforts in leading the exploration and development of this emerging resource."

In connection with his appointment, Mr. Lauder has been granted 400,000 incentive stock options (the "Options"). Each Option is exercisable to acquire one common share at $0.50 for five years and will vest in four equal instalments over 12 months.

Engagement of Market Maker

The Company has, subject to regulatory approval, retained Venture Liquidity Providers Inc. (VLP) to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the Company.

The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the Company has agreed to pay VLP C$5,000 per month. The agreement may be terminated at any time by the Company or VLP. The Company and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the Company or its securities. The finances and common shares required for the market-making service are provided by W.D. Latimer. The fee paid by the Company to VLP is for services only.

VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.

About Primary Hydrogen Corp.

Primary Hydrogen is committed to pioneering the natural hydrogen sector, leveraging cutting-edge exploration techniques to identify and develop sustainable energy solutions. The Company has an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Mary's Harbour project in Labrador, the Point Rosie project in Newfoundland, and the Crooked Amphibolite, Coquihalla, and Cogburn projects in British Columbia. The Company also holds the Arthur Lake copper project in British Columbia.

FOR FURTHER INFORMATION PLEASE CONTACT:

Ben Asuncion
Chief Executive Officer
Primary Hydrogen Corp.
Email: ben@primaryh2.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this news release only. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.

Although the Company believes, in light of the experience of their officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to, inherent risks associated with the mining industry and the results of exploration activities and development of mineral properties, stock market volatility and capital market fluctuations, general market and industry conditions, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis filed under the Company's SEDAR+ profile at www.sedarplus.ca. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.

SOURCE: Primary Hydrogen Corp.



View the original press release on ACCESS Newswire

FAQ

What experience does Peter Lauder bring to Primary Hydrogen (HNATF) as VP Exploration?

Peter Lauder brings over 25 years of expertise in mine and exploration geology, with experience in hydrogen exploration across Quebec, Ontario, and the U.S., plus senior roles at major mining companies including Goldcorp, Endeavour Mining, and IAMGOLD.

What are the terms of Peter Lauder's stock options grant at Primary Hydrogen (HNATF)?

Peter Lauder was granted 400,000 incentive stock options exercisable at $0.50 per share for five years, vesting in four equal installments over 12 months.

How much is Primary Hydrogen (HNATF) paying for market-making services?

Primary Hydrogen is paying Venture Liquidity Providers Inc. (VLP) C$5,000 per month for market-making services through W.D. Latimer Co.

What are Peter Lauder's main responsibilities as VP Exploration at Primary Hydrogen (HNATF)?

As VP Exploration, Peter Lauder will oversee all exploration activities, including project evaluation, geological assessments, and strategic planning for natural hydrogen resource discovery and development.

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