VANCOUVER, B.C. – TheNewswire - March 27, 2026 - Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) (“Hertz Energy”, the “Company” or the “Issuer”) is pleased to announce, further to its news release dated February 10, 2026, the Company has closed a first tranche of its non-brokered private placement offering issuing an aggregate 2,330,000 units of the Company for gross proceeds of $1,000,000, as part of the announced LIFE Offering of up to 5,000,000 units of the Company (the "Units") at a price of $0. ...

Core Viewpoint - Hertz Energy Inc. is initiating a non-brokered private placement to raise up to $5 million through two offerings: the LIFE Offering and the FT Offering, aimed at funding exploration projects and working capital. Group 1: LIFE Offering - Hertz Energy plans to issue up to 5,000,000 units at a price of $0.40 per unit, targeting gross proceeds of up to $2,000,000 [1] - Each unit consists of one common share and one-half of a warrant, with each whole warrant exercisable at $0.60 for a period of 24 months [1] - Proceeds will be allocated to exploration at the Crag and Rod properties and other projects, including the Craig silver-lead-zinc deposit [2] Group 2: FT Offering - The company intends to offer up to 6,000,000 flow-through units at $0.50 per unit, aiming for gross proceeds of up to $3,000,000 [4] - Each flow-through unit will consist of one common share and one-half of a warrant, with similar terms to the LIFE Offering [4] - Proceeds from the FT Offering will be used for Canadian Exploration Expenses related to the Crag and Rod properties and the Lake George Antimony-Tungsten-Gold Project [5] Group 3: Exploration Focus - The Crag and Rod properties are situated in a prospective sub-belt of the Rackla Belt, known for high-grade silver-lead-zinc and gold mineralization [2] - The Craig Deposit is a drill-defined asset with potential for resource expansion, remaining open along strike and at depth [2] - The exploration initiatives will focus on multiple under-explored zones within a 14-kilometre mineralized corridor [2] Group 4: Financial Terms and Conditions - A cash commission of 7.0% will be paid to qualified finders and brokers for both offerings, along with broker warrants [7] - The closing of both offerings is expected around February 28, 2026, subject to change [8] - Securities from the LIFE Offering will not have a hold period, while those from the FT Offering will be subject to a four-month hold period [3][6]

Core Viewpoint - Future Fuels Inc. is initiating a non-brokered private placement to raise up to C$2,000,000 through the sale of "flow-through" units, aimed at funding Canadian exploration expenses related to critical minerals projects [1][4]. Group 1: Offering Details - The private placement will consist of up to 2,469,135 "flow-through" units priced at C$0.81 each, with each unit comprising one "flow-through" Common Share and one purchase warrant [1][2]. - Each warrant will allow the purchase of one Common Share at a price of C$1.00 for a period of 24 months from the closing date, expected around February 27, 2026 [2][3]. - The offering is made under the Listed Issuer Financing Exemption, allowing it to be offered to purchasers across all Canadian provinces without a hold period [3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated to incur "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" under the Tax Act [4]. Group 3: Company Overview - Future Fuels' principal asset is the Hornby Uranium Project, covering 3,407 km² in north-western Nunavut, which includes over 40 underexplored uranium showings [8]. - The company also holds the Corvette Property in Quebec's James Bay region, comprising 65 mineral claims over 3,370 hectares [8].

Core Points - First Phosphate Corp. announces a non-brokered private placement to raise a minimum of $2,000,000 from a strategic investor [1] - The proceeds will be allocated to Canadian exploration expenses and general corporate purposes [1][4] - The Offering is expected to close around November 21, 2025 [1] Offering Details - The Offering includes Flow-Through Shares and Hard Dollar Units, both priced at $0.90 per share/unit [7] - Each Hard Dollar Unit consists of one Common Share and one Warrant, with the Warrant exercisable at $1.25 until April 30, 2026 [7] - Eligible finders will receive a fee of up to 8% of gross proceeds and Compensation Warrants equivalent to 8% of the issued shares [2] Company Overview - First Phosphate is focused on developing a vertically integrated lithium iron phosphate battery supply chain for North America [4] - The flagship Bégin-Lamarche Property in Quebec is noted for its high-purity phosphate resource [5]

Company Update - Future Fuels Inc. intends to complete a non-brokered private placement for gross proceeds of up to C$2,250,000 from the sale of up to 3,000,000 "flow-through" units at a price of C$0.75 per unit [1] - Each "flow-through" unit will consist of one common share and one common share purchase warrant, with the warrant exercisable at a price of $0.80 for a period of 24 months [2] - The LIFE Offering is expected to close on or about September 23, 2025, or within 45 days from the announcement date [2] Regulatory Compliance - The LIFE Offering is being made to purchasers in all provinces of Canada, except Quebec, under the Listed Issuer Financing Exemption [3] - The securities offered will not be subject to a hold period under applicable Canadian securities laws [3] Use of Proceeds - The gross proceeds from the LIFE Offering will be used to incur "Canadian exploration expenses" related to critical mineral mining expenditures on the Company's Canadian projects [4] Marketing Agreements - Future Fuels has renewed its engagement with MCS Market Communication Service GmbH for an additional 60 days, with a total fee of €155,000 plus a 16% agency fee [7] - The Company has also engaged Rumble Strip Media Inc. for a 35-day term starting September 15, 2025, for a total fee of C$250,000 [8] Company Profile - Future Fuels' principal asset is the Hornby Uranium Project, covering 3,407 km² in north-western Nunavut, with over 40 underexplored uranium showings [11] - The Company also holds the Covette Property in Quebec's James Bay region, comprising 65 mineral claims over 3,370 hectares [11]