Primary Hydrogen Corp., based in Calgary, Alberta, has disclosed its intention to carry out a non-brokered private placement to secure gross proceeds of up to C$2,000,000. The fundraising comprises two components: flow-through units and non-flow through units, each with distinct terms related to warrant exercise and share acquisition. The company plans to utilize the proceeds generated from the sale of non-flow through units for general working capital and corporate purposes. In contrast, funds from the sale of flow-through units will be specifically designated to incur Critical Mineral Canadian Exploration Expenses (CEE) to meet the criteria of 'flow-through mining expenditures' under the Income Tax Act of Canada. The completion of this Private Placement is contingent upon meeting customary closing conditions, including obtaining approval from the TSX Venture exchange. The securities issued during this offering will be subject to a four-month hold period. Primary Hydrogen Corp. is actively engaged in exploring and developing natural hydrogen resources, with an extensive portfolio covering multiple projects in both the U.S. and Canada. These projects include Blakelock, Hopkins, Mary's Harbour, Point Rosie, Crooked Amphibolite, Coquihalla, and Cogburn, as well as the Arthur Lake copper project in British Columbia. Additionally, the company holds an option to secure a 75% interest in a hydrogen-rare earth elements (REE) project named Wicheeda North, situated in British Columbia. While the company expresses optimism about the intended Private Placement and the future utilization of funds, it also acknowledges the inherent risks and uncertainties associated with such activities, as detailed in the cautionary note accompanying the forward-looking statements.