Record Resources reports that hydrogen anomalies were discovered on its Lorrain-Bucke property at Lake Temiskaming, Ontario. The hydrogen anomalies were identified during a recent work program completed by Marc Richer-Lafleche from Quebec City's Institut National de Recherche Scientifique , Quebec Innovative Material Corp and Record Resources. What follows are statements quoted or paraphrased from Mr. Richer-Lafleche's [...]
Record Resources Inc. reports it has commenced exploration work on its Lorrain-Bucke property in the Lake Temiskaming hydrogen camp. The work program, which began a week ago, is being executed in collaboration with Quebec Innovative Materials Corp , Montreal, and the Institut national de la la recherche scientifique , Quebec. A hydrogen sampling survey was completed across three, parallel, east-west lines which were [...]
Record Resources Inc. reports it has received TSX Venture Exchange approval of its option agreement to acquire a key property in the Lake Temiskaming hydrogen camp, directly adjacent to Quebec Innovative Materials Corporation 's significant hydrogen discovery. The Lorrain-Bucke agreement reported in a news release on January 14, 2025 has been clarified and revised: Record Resources, as optionee, will issue an aggregate of [...]
Record Resources Inc. reports it is encouraged by the Quebec Innovative Materials Corp news of February 26, 2025 reflecting on the potential extent, size and value of hydrogen resources in the region of Lake Temiskaming Graben structure following their drilling success at their St-Bruno-de-Guigues property. QIMC estimated potential hydrogen yields based on the following assumptions: i) that the porosity in the reservoir [...]
Record Resources Inc. announces that it has received conditional approval from the TSX Venture Exchange for the acquisition of the Beauchamp natural hydrogen Property . The company considers this transaction closed. As previously reported, Beauchamp is located on a pivotal western geological extension in Ontario, building upon Quebec Innovative Materials Corp. 's landmark Quebec hydrogen discovery along the western [...]
Record Resources Inc. is strongly impressed and highly encouraged by the drilling results of its Lake Temiskaming neighbour, Quebec Innovate Materials Corporation . "From what we've seen, these are some of the best grades of any early-stage hydrogen exploration project," said Michael Judson, Record Resources CEO. "Other explorers have reported 500 and 700 ppm measurements. QIMC hit 7000 ppm. This is another level." "QIMC [...]
Record Resources Inc. is pleased to announce it has entered into an option agreement to acquire a key property in the Temiskaming hydrogen camp, directly adjacent to Quebec Innovative Materials Corporation 's significant hydrogen discovery. This strategic acquisition positions Record as a prominent player in hydrogen exploration within Ontario's rapidly expanding renewable hydrogen sector. The Lorrain-Bucke claim blocks [...]
Record Resources Inc. reports that is has closed its previously announced financing . Record has closed a $330,000 LIFE Offering and $107,000 first tranche of a Private Placement. The combined Offering raised totals proceeds of $437,000 through the issuance of 14,566,665 Units. Each Unit, priced at $0.03, consisted of one common share and one half-share purchase warrant of the company. Each whole warrant is exercisable at [...]
Record Resources announces that it is actively working with the TSXV to address supplementary information requests regarding the final agreement. This collaborative process underscores Record's commitment to transparency and its focus on maintaining the highest standards of corporate governance. As initially disclosed on November 21, 2024, Record Resources entered into an arm's-length agreement with a private exploration [...]
Record Resources reports that the company filed restated Q3 2024 financial statements with the corresponding management discussion & analysis. The decision follows a review that amends the accounting treatment of the company's Kirkland Lake Gold exploration properties, which impacted the previously reported figures and has led to the need for this correction. As a result, the previous Q3 2024 financial statements and the [...]
Record Resources wishes to clarify the previously announced use of proceeds from its financing referenced in the company's November 21, 2024 news release. The company intends to use a portion of the funds raised from the financing for its Amikougami and Otto gold exploration properties in the Kirkland Lake, Ontario region. The preliminary projected budget includes the following: Preparation of road access to properties [...]
Record Resources Inc. reports that the company is increasing the total size of its financing it is presently undertaking via a LIFE offering by adding a separate private placement. Under the terms of the newly announced private placement, the company is offering up to 5,000,000 Units. Each Unit consists of a $0.03 common share and one-half of one share purchase warrant exercisable at a price of $0.05 per share for a [...]