Primary Hydrogen Corp., based in Vancouver, British Columbia, recently announced the successful completion of a non-brokered private placement to raise funds for its Canadian exploration activities. The private placement involved the issuance of 1,875,000 units of the company at $0.40 per unit, resulting in total proceeds of $750,000. Each unit, termed FT Unit, comprised one common share of the company issued as a 'flow-through share' and half of a common share purchase warrant. The warrants are exercisable to acquire one common share for 18 months following the closing at an exercise price of $0.55. The funds raised from this private placement will be used to incur 'Canadian exploration expenses' as defined in the Income Tax Act on the company's properties spread across Canada. The company boasts an extensive portfolio covering over 210 square kilometers and includes projects such as Blakelock and Hopkins in Ontario, Mary's Harbour in Labrador, Point Rosie in Newfoundland, and Crooked Amphibolite, Coquihalla, and Cogburn in British Columbia. Additionally, the company also holds the Arthur Lake copper project in British Columbia. Primary Hydrogen Corp. is primarily focused on natural hydrogen exploration, and the financing from this private placement will enable the company to advance its exploration efforts. Ben Asuncion, the Chief Executive Officer of Primary Hydrogen Corp., expressed satisfaction at the completion of the private placement. The company emphasized its commitment to furthering its exploration activities in the field of natural hydrogen with the newly acquired funds. The stock exchange disclosure included the standard disclaimer about forward-looking statements, outlining the risks and uncertainties associated with the mining industry and exploration activities. The management emphasized the importance of considering these risks when evaluating the company's prospects. Despite the inherent risks, the company remains positive about the outcomes of its exploration endeavors and aims to deliver value to its shareholders through successful exploration and development efforts.