Primary Hydrogen Corp. has announced its intent to execute a non-brokered private placement known as the Private Placement to raise gross proceeds of up to C$2,000,000. The offering comprises two parts: flow-through units at $0.48 per unit and non-flow through units at $0.40 per unit. The funds raised from the Non-FT Units will be allocated for general working capital and corporate purposes, while the proceeds from the FT Units will be utilized to incur Critical Mineral Canadian Exploration Expenses. This specific allocation aims to qualify as 'flow-through mining expenditures' for tax purposes under the Income Tax Act of Canada. The Private Placement is contingent upon standard closing conditions, including approval from the TSX Venture Exchange, and the securities issued will be subject to a hold period. Primary Hydrogen Corp. specializes in the exploration and development of natural hydrogen resources, with an extensive portfolio of projects in the U.S. and Canada. These projects include Blakelock, Hopkins, Mary's Harbour, Point Rosie, Crooked Amphibolite, Coquihalla, Cogburn, Arthur Lake copper project in British Columbia, and an option for a hydrogen-REE project in British Columbia. The company's Chief Executive Officer, Ben Asuncion, expressed satisfaction with the planned Private Placement. However, the release contains a cautionary note regarding forward-looking information, highlighting the risks and uncertainties associated with the completion of the Private Placement. These include challenges in fundraising, market conditions affecting unit pricing, regulatory hurdles, and economic volatility. Although the company is optimistic about the opportunities, it acknowledges the potential for deviation from expected outcomes due to various factors. Readers are advised to interpret forward-looking statements cautiously.