J4 Ventures Resources Corp. (Formerly J4 Ventures Inc.) Announces Completion of Qualifying Transaction with Primary Hydrogen Corp.

Core Viewpoint - J4 Ventures Resources Corp. has successfully completed the acquisition of the Arthur Lake Property from Primary Hydrogen Corp., marking a significant step in its business strategy and qualifying as a Tier 2 mining issuer on the TSX Venture Exchange [1][2]. Transaction Summary - The acquisition involved a 100% undivided interest in the Arthur Lake Property, with J4 issuing 500,000 shares and making a cash payment of C$50,000 to Primary Hydrogen. Additionally, Primary Hydrogen retains a 2% net smelter return royalty on the property [4]. - The transaction was approved conditionally by the Exchange on November 20, 2025, with trading of J4 Shares expected to resume on December 30, 2025 [2]. Management Changes - Following the transaction, Mr. Chris Mackenzie has been appointed to the board of directors, and R. Timothy Henneberry has been appointed as the Company's VP Exploration [6]. Concurrent Financing - The Company completed a non-brokered concurrent financing, raising gross proceeds of C$529,500 through the issuance of 10,590,000 subscription receipts at a price of C$0.05 each [7]. - Upon closing the transaction, the subscription receipts were converted into units, each consisting of one J4 Share and one warrant, with the warrant allowing the purchase of an additional share at C$0.06 for a period of 60 months [8]. Stock Option Plan - The board has approved a new stock option plan, replacing the previous one, which reserves up to 10% of the outstanding common shares for issuance under the plan, pending shareholder approval at the next annual general meeting [9]. About the Arthur Lake Property - The Arthur Lake Property encompasses two mineral claim units totaling 543 hectares, located in British Columbia, and is prospective for gold and copper-molybdenum mineralization. Historical sampling has shown significant copper concentrations, with values ranging from 8 ppm to 24,800 ppm [10].