DiagnaMed Acquires Strategic Ontario Claims Adjacent to QIMC in Premier Temiscamingue Hydrogen District

Core Insights - DiagnaMed Holdings Corp. has strategically acquired 91 unpatented mineral claims totaling 1820 hectares in Ontario's Temiscamingue hydrogen district, enhancing its position in a promising natural hydrogen region [1][2] - The acquisition allows for operational synergies and technical collaboration with Quebec Innovative Materials Corp. (QIMC), which is located adjacent to the newly acquired claims [2] - The acquisition agreement includes a non-refundable payment of $25,000 and the issuance of 12.5 million common shares, along with a 2.0% royalty on revenues from hydrogen or other minerals sold from the property [3] Company Strategy - The acquisition is expected to accelerate the commercialization of DiagnaMed's proprietary hydrogen extraction technologies, providing a competitive edge in the market [4] - The collaboration with QIMC is anticipated to foster innovation and commercialization in the Temiscamingue region, aligning with both companies' commitment to sustainable energy solutions [4] Market Context - The Temiscamingue region is recognized for its favorable geological conditions for natural hydrogen generation, presenting significant potential for technology validation and commercial development for DiagnaMed [2]