Vortex Energy Corp. is pleased to announce the successful completion of the Phase 1 exploration program on its Fire Eye Uranium Property , located in the Athabasca Basin, Saskatchewan, Canada. The Phase 1 program included ground prospecting, geological mapping, sampling activities, and scintillometer radiometric surveys. This initial phase was designed to follow up on targets identified by the 2022 airborne geophysical [...]
Vortex Energy Corp. is pleased to announce the Company has executed a hydrogen storage research and salt core storage agreement with National Research Canada . Approximately 118 meters of salt core from the VTX-West-23-1 core hole and 279 meters of salt core from the VTX-24-3 core hole will be stored at the NRCan Geological Survey of Canada facility, located in Calgary, Alberta, for a period of two years. Vortex has [...]
Vortex Energy Corp. is pleased to announce the Company intersected visible salt rock at a depth of 327 meters at the Robinsons River Salt Project . A total of two hundred and seventy-nine meters of drill core containing salt rock has been retrieved from the third core well which was drilled to an approximate total depth of seven hundred and thirty-five meters. Forage FTE Drilling drilled the first portion of the well [...]
Vortex Energy Corp. is pleased to announce the completion of the first phase of drilling of the third well at the Robinsons River Salt Project , located near Stephenville, Newfoundland & Labrador, and the commencement of the second phase of drilling. The drilling is being conducted by Forage FTE Drilling and Major Drilling International, Inc. under the support and oversight of the Company's consultant partner, RESPEC [...]
Vortex Energy Corp. is pleased to announce the commencement of drilling on the third core well located at its Robinsons River Salt Project , located near Stephenville, Newfoundland & Labrador. The drilling is being conducted by Forage FTE Drilling and Major Drilling International Inc, under the support and oversight of the Company's consultant partner, RESPEC Consulting Inc. , a leader in the design, development, and [...]
Vortex Energy Corp. announces that it intends to complete a non-brokered private placement financing of up to 4,000,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000. Each Unit shall consist of one common share and one common share purchase warrant , with each Warrant entitling the holder thereof to purchase a Share at an exercise price of $0.30 for a period of 24 [...]
Vortex Energy Corp. is pleased to announce that World Energy GH2 and Vortex have agreed, by way of a memorandum of understanding , to explore green energy cavern storage solutions in Newfoundland and Labrador. The MOU was signed in Rotterdam, Netherlands at the Canadian Pavilion during the World Hydrogen Conference. Recognizing the immense potential of Newfoundland and Labrador as a hub for renewable energy development [...]
Vortex Energy Corp. is pleased to announce that the collaborative project with the University of Alberta alongside Keyera Corporation titled "Field Trial of Hydrogen Storage in Canadian Domal and Bedded Salts" will receive a total of $1.2 million from the Government of Alberta, through Alberta Innovates. As part of the collaboration, Vortex will provide the U of A with data, resources, and core samples from the Robinsons [...]
Vortex Energy Corp. is pleased to announce that it has shipped core samples from the initial hole drilled at the Robinsons River Salt Project to the University of Alberta. The Company's consultant, RESPEC Consulting Inc. , has conducted core logging on the cap rock and salt sections obtained from Core Hole 1 . The cap rock is predominantly anhydrite, intermixed with mudstones, while the salt rock is primarily composed of [...]
Vortex Energy Corp. is pleased to announce the completion of drill planning for the third exploration drillhole at the Robinsons River Salt Project . The Company is currently preparing for drill mobilization, scheduled to commence in April 2024. Furthermore, Vortex has been awarded a $115,500 grant from the Government of Newfoundland and Labrador, Department of Industry, Energy and Technology Mineral Incentive Program [...]
Vortex Energy Corp. is pleased to announce that it has closed its previously announced non-brokered charity flow-through private placement of common shares of the Company for gross proceeds to the Company of C$830,000.52 pursuant to an arrangement with Wealth Creation Preservation & Donation Inc. . Pursuant to the Offering, the Company issued 2,441,178 "flow-through" common shares of the Company at a price of C$0.34 per [...]
Vortex Energy Corp. is pleased to announce that it intends to complete a non-brokered charity flow through private placement of 2,441,178 common shares of the Company at a price of $0.34 per CS for aggregate gross proceeds of approximately $830,000.52 . The CS issued under the FT Offering are intended to qualify as "flow through shares" within the meaning of the Income Tax Act . The gross proceeds of the FT Offering will [...]
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