Primary Hydrogen Corp. in Calgary, Alberta, has announced a non-binding letter of intent with J4 Ventures Inc. for the proposed acquisition of the 'Arthur Lake Property'. The agreement outlines that J4 will acquire a 100% interest in the property by issuing 500,000 common shares to Primary Hydrogen and making a C$50,000 cash payment. Additionally, Primary Hydrogen will retain a 2% net smelter return royalty on the property. The transaction is expected to be structured as an asset purchase or other form based on advice and will require the negotiation of a definitive agreement, regulatory approvals, due diligence, and TSXV acceptance. This acquisition is considered an arm's length transaction. Primary Hydrogen is known for its dedication to exploring and developing natural hydrogen resources, with a portfolio that includes projects in the U.S. and Canada, such as the Arthur Lake copper project in British Columbia. The company also has an option to acquire a 75% interest in a hydrogen-REE project in British Columbia. The news release contains cautionary notes regarding forward-looking information and statements, highlighting the risks and uncertainties involved. While the company believes its expectations are reasonable, there is no guaranteed accuracy. The TSX Venture Exchange and its Regulation Services Provider do not take responsibility for the release's adequacy or accuracy.