Primary Hydrogen Corp Re-elects Board Approves New Equity Incentive Plan
News related to:Primary Hydrogen Corp · 1 min read
Primary Hydrogen Corp., a company focused on the exploration and development of natural hydrogen resources, has announced the voting results from its Annual General and Special Meeting of Shareholders, held on September 15, 2026. The meeting, which saw 911,489 common shares voted, representing 12.29% of the company’s outstanding shares, approved all matters submitted for shareholder approval.
The company’s board of directors, currently composed of four members, was re-elected. David Jackson, Benjamin Asuncion, William Timothy Heenan, and Martin Kowcun were all re-elected for another term. Additionally, the shareholders re-appointed DMCL Chartered Professional Accountants as the company’s auditors for the upcoming year, with the remuneration to be determined by the board.
A significant resolution passed by the shareholders was the approval of a new equity incentive plan. This plan allows for up to 10% of the company’s shares to be issued on a rolling basis, with an additional 10% available on a fixed basis. The plan aims to incentivize key personnel and support the company’s growth and development.
Primary Hydrogen Corp. is dedicated to exploring and developing natural hydrogen resources across multiple projects. The company currently holds interests in several projects, including the Blakelock, Hopkins, Mary’s Harbour, Point Rosie, Crooked Amphibolite, Coquihalla, and Cogburn projects in the United States and Canada. Additionally, the company has an option to acquire a 75% interest in the Wicheeda North hydrogen-REE project located in British Columbia, Canada.
The approval of the new equity incentive plan is expected to bolster the company’s efforts to expand its operations and capitalize on the growing demand for clean energy solutions. With a strong board and a robust portfolio of hydrogen projects, Primary Hydrogen Corp. remains committed to advancing its mission in the energy sector.