Hertz Energy provides update on critical minerals projects and announces proposed financing
Hertz Energy (CSE:HZ, OTCQB:HZLIF) has released an update on its critical minerals projects, highlighting advancements in antimony, lithium, and uranium exploration. The company also announced plans for a proposed financing initiative for its two antimony projects using Quebec Critical Minerals Flow-through funds for the Harriman Antimony Project in Quebec and Canadian Flow-through funds for the Lake George Antimony Project in New Brunswick.
Hertz Energy acquires lithium property in Quebec's James Bay region
Hertz Energy (CSE:HZ, OTCQB:HZLIF) announced on Friday its acquisition of the Agastya Lithium Property in Quebec's James Bay region, comprising 209 mineral claims across approximately 10,650 hectares. The deal, structured through an arms-length option agreement with Prospectus Capital Inc.
Hertz Energy to implement 4:1 share consolidation
Hertz Energy (CSE:HZ, OTCQB:HZLIF) announced that it will consolidate its common shares on a four-for-one basis, The move, effective December 12, 2024, will reduce the total number of outstanding shares to approximately 16.5 million, down from the current amount, with adjustments made for fractional shares. Following the consolidation, Hertz Energy (CSE:HZ, OTCQB:HZLIF)'s name and trading symbols will remain unchanged.
Hertz Energy begins exploration at Quebec antimony property
Hertz Energy (CSE:HZ, OTCQB:HZLIF) said it has started an exploration program at its new antimony property in Quebec. The Harriman property spans 49 mineral claims over approximately 2,500 hectares in the Gaspé region of the province in an area known for its significant antimony and gold showings.
Hertz Energy acquires Québec-based antimony property in new exploration push
Hertz Energy (CSE:HZ, OTCQB:HZLIF) said it has acquired its first antimony property to complement its portfolio of North American energy metals projects. The Harriman property consists of 49 mineral claims across approximately 2,500 hectares in Québec's Gaspé region.
Hertz Energy unveils portfolio adjustments, project acquisition plans
Hertz Energy (CSE:HZ, OTCQB:HZLIF) has provided investors with an update on its portfolio fo critical minerals projects. At the Snake Lithium Project in Quebec, fieldwork was conducted in June 2024, with 95 samples collected, though no lithium or gold-associated minerals were found.
Hertz Energy announces spin-out of uranium assets
Hertz Energy (CSE:HZ, OTCQB:HZLIF) has announced plans to reorganize its Cominco uranium project in Nunavut, and its Namibian uranium exclusive prospecting license applications into a stand-alone entity, Hertz Uranium. The company believes that the spin-out will unlock the value of its uranium assets, which it told shareholders are not fully recognized in the current share price.
Hertz Energy CEO on new Nunavut acquisition and dual lithium-uranium focus
Hertz Energy (CSE:HZ, OTCQB:HZLIF) has expanded its mineral portfolio with the acquisition of new mineral claims in Nunavut. CEO Kal Malhi sat down with Proactive to discuss the strategic implications of this acquisition and the company's dual focus on lithium and uranium.
Hertz Energy reveals plans for new exploration campaign at Snake, spinout of uranium assets
Hertz Energy (CSE:HZ, OTCQB:HZLIF) is embarking on its first exploration campaign at the Snake lithium property in Quebec's Eeyou Istchee James Bay region. The property's strategic location near hydroelectric power sources and accessible infrastructure positions it as a promising site for lithium exploration.
Hertz Energy to acquire mineral claim at Cominco uranium project in Nunavut
Hertz Energy (CSE:HZ, OTCQB:HZLIF) announced it has entered into a definitive agreement to acquire 100% interest in a mineral claim at the core of the Cominco uranium property in Nunavut, Canada. The claim consists of nine blocks totalling 146.33 acres and has been held by the vendor, uranium mineral exploration specialist Mike Magrum, “in good standing” for several years.
