Core Viewpoint - Hertz Energy Inc. is initiating a non-brokered private placement to raise gross proceeds of up to $440,000 through the issuance of units priced at $0.10 each, which will support general administrative expenses and the advancement of its Lake George Antimony project [1][2][3]. Group 1: Private Placement Details - The private placement will consist of up to 4,400,000 units, each unit comprising one common share and one warrant, allowing the purchase of an additional common share at $0.125 within 36 months from the closing date [2]. - The gross proceeds from the offering will be allocated for general and administrative matters and to advance the Lake George Antimony project [3]. - All securities issued will be subject to a statutory hold period of four months and one day following issuance, in accordance with Canadian securities laws [3]. Group 2: Company Overview - Hertz Energy is a junior exploration company based in British Columbia, focused on acquiring and exploring mineral properties in Eastern Canada, with a strategic portfolio targeting lithium and antimony [5]. - The company's lithium assets include the Agastya Lithium Property in Quebec, which is strategically located near significant lithium projects, and the 26,500-hectare AC/DC Project in Quebec's James Bay Lithium District [6]. - The antimony assets consist of the Harriman Property in Quebec's Gaspé Region and the Lake George Property in New Brunswick, both of which are being explored for antimony and gold mineralization [7].