Hertz Energy Inc. announces that it has terminated the Option Assignment Agreement dated August 4, 2023 among the Company, Brascan Resources Inc., BHBC Exploracao Mineral LTDA, and RTB Geologia e Mineracao LTDA. Following the termination of the Assignment Agreement, the Company has relinquished its option to acquire the Patriota Lithium Project located in Brazil. The Company has no further obligation under the Assignment [...]
Hertz Energy Inc. . Further to the Company news release of June 4, 2024, Hertz Energy is pleased to announce that after a review by the Company along with its board and advisors, it has made the decision to pursue a reorganization of its Cominco Uranium Project in Nunavut, Canada and its Namibian Uranium Exclusive Prospecting License Applications into a stand-alone entity to be named Hertz Uranium . The Company views the [...]
Hertz Energy Inc. is pleased to announce that it has entered into a service agreement dated May 31, 2024 with Aktien Check . Pursuant to the terms and conditions of the Service Agreement, Aktien has agreed to provide the Company with European marketing awareness, including preparing editorial write-ups, completing an email marketing campaign, search engine marketing, a social media campaign, and distribution of the [...]
Hertz Energy Inc. is pleased to announce plans for its inaugural exploration campaign on the Snake Lithium Property , located in the Eeyou Istchee James Bay, Quebec. The Project is located proximal to existing hydroelectric power that flanks the Property to the east, an all-season road that crosses the western side of the Property and is situated in greenstone terrain that is highly prospective for lithium-bearing [...]
Hertz Energy Inc. pleased to announce that it has entered into a sale agreement dated May 8, 2024 with Mike Magrum, P.Eng. pursuant to which the Company has agreed to acquire 100% interest in mineral claim 102722 located in Nunavut, Canada . The Mineral Claim is at the core of the Cominco Uranium Property, consisting of nine blocks of 16.37 acres for a total of 146.33 acres and has been held in good standing by Mr. Magrum [...]
Hertz Energy Inc. is pleased to announce that is has submitted applications for uranium Exclusive Prospecting Licenses in Namibia. Namibia is a country of diverse geology and has one of the richest uranium mineral reserves in the world. There are currently two large operating mines, the Husab and Rossing mines, in the Erongo Region and five major exploration projects planned to advance to production in the next few years [...]
Hertz Energy announced today the resignation of independent director Robert W. Barker and the appointment of Jamie L. Hogue to fill the vacancy on the Company's board of directors. Robert W. Barker joined Hertz as a founding Board member in February of 2022. Dr. Barker has more than 45 years of experience in successful, multi-commodity mining exploration, with 29 years in exploration and acquisition leadership. "On behalf [...]
Hertz Energy is pleased to announce that it has entered into a consulting agreement with LCA to advance the development of its hard rock lithium extraction process optimization technology being conducted at PSU as well as advance the Company's commercialization of the technology. Lithium Consultants Australasia (LCA) is based in Perth, Australia and assists companies to advance their lithium projects by conducting test [...]
Hertz Energy is pleased to announce that it has entered into a Property Purchase and Sale Agreement dated Feb 2, 2024 with BullRun Capital Inc. pursuant to which the Company has agreed to acquire the Cominco Uranium Project. The Company has entered into the Definitive Agreement to acquire the Cominco Property. Pursuant to the terms and conditions of the Definitive Agreement and as consideration for the acquisition of a [...]
Hertz Lithium is pleased to announce that, subject to approval of the Canadian Securities Exchange, the Company will be changing its name to "Hertz Energy Inc.". The Company will provide further details with respect to the Name Change in a subsequent news release. Hertz is also pleased to announce that the company is looking to ADD to its energy metals portfolio and conducting advanced-stage due diligence on uranium [...]
Hertz Lithium is pleased to announce that it has entered into a license agreement with the Penn State Research Foundation. Pursuant to the License Agreement, the PSRF has granted the Company a royalty-bearing exclusive license to the PSRF's novel patent-pending process for extraction of lithium from hard rock sources. Further, pursuant to the License Agreement the PSRF has granted the Company a royalty-bearing license to [...]
Hertz is pleased to announce it has entered into an option agreement with Sirios Resources pursuant to which the Company has acquired the option to acquire a 100% interest in the Maskwa property. Pursuant to the terms and conditions of the Option Agreement, in order to exercise the Option the Company must: pay the Vendor one hundred thousand dollars ($100,000) within three business days of the execution of the Option [...]
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