Primary Hydrogen Announces Inclusion into Natural Hydrogen Index

Vancouver, December 4, 2024 - Primary Hydrogen Corp. (TSXV: HDRO) ("PrimaryH2" or the "Company"), a natural hydrogen exploration company, is pleased to announce the inclusion into Natural Hydrogen Venture's NatH2 Index (the "Index"). The NatH2 Index, which is an equally-weighted index of companies offering substantial exposure to natural hydrogen, is designed to encourage further investor interest in natural hydrogen. The Index is managed by Natural Hydrogen Ventures (nhventures.dk), one of the world's first natural hydrogen investment funds.

"Being one of the first focused indices of its kind, the inclusion into the NatH2 Index increases our visibility and exposure to investors, namely in Europe and abroad," commented Benjamin Asuncion, CEO of Primary Hydrogen.

"We welcome Primary Hydrogen to the NatH2 Index. Since shifting its focus to natural hydrogen, the Company has quickly hit the ground running, acquiring a portfolio of prospects and raising an impressive amount of capital - especially compared to industry peers - to further its natural hydrogen ambitions. All in all, the Company's focus and determination easily secures its place among the 10 companies in the NatH2 Index," stated Morten Stahl, Industry Expert and Editor of NatH2investing.com.

About The NatH2 Index

The NatH2 Index, provided by NatH2investing.com, is a platform dedicated to covering investment opportunities in the emerging natural hydrogen industry. The NatH2 Index is an equal-weighted index comprising ten publicly traded companies that currently offer the highest exposure to natural hydrogen, measured as an estimated percentage of their overall activities. It is denominated in USD and is updated every weekend using Friday's closing prices.

NatH2investing.com is an affiliate of Natural Hydrogen Ventures (NHV), the world's first investment fund specializing exclusively in natural hydrogen. NHV's investment activities are limited to private companies, distinct from the publicly traded companies featured in the NatH2 Index.

About Primary Hydrogen Corp.

Primary Hydrogen Corp. is a natural hydrogen exploration company with an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Mary's Harbour project in Labrador, the Point Rosie project in Newfoundland, and the Crooked Amphibolite, Coquihalla, and Cogburn projects in BC. The Company also holds the Arthur Lake copper project in British Columbia.

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release includes certain statements and information that may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information, including, but not limited to any statements relating to the presence of naturally occurring hydrogen on the Company's projects. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to inherent risks associated with the mining industry and the results of exploration activities and development of mineral properties, stock market volatility and capital market fluctuations, general market and industry conditions, as well as those risk factors discussed in the Company's most recently filed management's discussion & analysis.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement or forward-looking information contained herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232341