Hertz Energy Raises $420,000 in Private Placement Offering

Reuters01-17

<a href="https://laohu8.com/S/HZLID">Hertz Energy</a> Raises $420,000 in Private Placement Offering

Hertz Energy Inc. has completed a non-brokered private placement, issuing 4,200,000 units at $0.10 per unit for gross proceeds of $420,000. Each unit consists of one common share and one warrant, with each warrant allowing the purchase of an additional share at $0.125 within 36 months. The securities are subject to a statutory hold period in Canada and have not been registered under U.S. securities laws, thus cannot be sold in the United States without proper registration or exemption. Proceeds will be used for general administrative expenses and to advance the company’s Lake George Antimony Project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hertz Energy Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 280688) on January 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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