Primary Hydrogen Announces Renewal of Marketing Agreement
Primary Hydrogen Announces Renewal of Marketing Agreement Calgary, Alberta–(Newsfile Corp. – May 6, 2025) – Primary Hydrogen Corp. (TSXV: HDRO) (FSE: 83W0) (OTCQB: HNATF) (the “Company” or “Primary“) is pleased […] The post Primary Hydrogen Announces Renewal of Marketing Agreement appeared first on Hydrogen Central.
Primary Hydrogen Announces Renewal of Marketing Agreement
Calgary, Alberta–(Newsfile Corp. – May 6, 2025) – Primary Hydrogen Corp. (TSXV: HDRO) (FSE: 83W0) (OTCQB: HNATF) (the “Company” or “Primary“) is pleased to announce the extension of the strategic marketing agreement (the “Services Agreement“) with Euro Digital Media Ltd. (“Euro Digital“) (address 71-75 Shelton Street, Covent Garden, London UK WC2H 9JQ) previously announced on November 27, 2024 and March 28, 2025. The most recent term of the Services Agreement was until the earlier of (a) August 7, 2025, and (b) exhaustion of the marketing budget.
Under the terms of the Services Agreement, Euro Digital creates campaigns, ad groups, text ads, display ads, performs detailed keyword research, setup and manages remarketing campaigns, optimize keyword options, coordinates online advertisers and marketers corresponding to online marketing targets, creates landing pages for ad campaigns and generally bring attention to the business of the Company.
As the marketing budget has been exhausted, the Company has renewed the Services Agreement and agreed to pay Euro Digital a fee of USD $500,000 to Euro Digital for the ongoing services, inclusive of third-party costs. The renewal of the services under the Services Agreement and will commence on May 12, 2025, and continue until the earlier of (a) a six-month term, and (b) exhaustion of the marketing budget. The principal of Euro Digital is Harry Kundan. The Company will not issue any securities to Euro Digital as compensation for its marketing services. As of the date hereof, to the Company’s knowledge, Euro Digital (including its principal) does not own any securities of the Company and has an arm’s length relationship with the Company. The renewal of the Services Agreement remains subject to approval of the TSX Venture Exchange.
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