First Hydrogen Arranges Financing
VANCOUVER, BC, December 31, 2025 – First Hydrogen Corp. (“FIRST HYDROGEN” or the “Company”) (TSXV: FHYD) (OTC: FHYDF) (FSE: FIT) has arranged a non-brokered private placement of units up to $3-million. The private placement will consist of up to 10,000,000 units of the Company (the “Units”). Each Unit will consist of one common share of the Company (each, a “Share”) and one Share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share at
$0.45 per Share for a period of two years from the date of closing.
The private placement is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 Prospectus Exemptions and, therefore, the securities issued in the offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedar.com and on the company’s website. Prospective purchasers should read this offering document before making an investment decision.
In connection with the private placement, the Company may pay a finders’ fee upon completion of the financing in accordance with TSX Venture Exchange policies.
The Company reserves the right to accept, reject or partially fill any subscriptions received up to the aggregate amount permitted by the TSX Venture Exchange.
The Company intends to use the net proceeds from the financing for working capital and general corporate purposes.
The securities issued pursuant to the offering have not, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the
U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
READ the latest news shaping the hydrogen market at Hydrogen Central
First Hydrogen Arranges Financing, source
