Hertz Energy Inc. Announces Resignation of Director
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HERTZ ENERGY INC.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7
HERTZ ENERGY INC. ANNOUNCES
RESIGNATION OF DIRECTOR
Vancouver, British Columbia – (Newswire – Occtober 11, 2024) – Hertz Energy Inc. (CSE: HZ;
OTCQB: HZLIF; FSE: QE2) (the “Company”) announced today the resignation of independent director
Bala Pratap Reddy Udumala from the Company’s Board of Directors (the “Board”).
Bala Pratap Reddy Udumala joined the Company in August of 2019 and has been a valuable member of
the Board of Director. “ On behalf of the Board and management, we would like to thank Pratap for his
valuable contribution as a director of the Company and throughout his subsequent tenure. We wish him
the best with his future endeavours,” expressed Kal Malhi, CEO of the Company.
The Board will begin a search for a new Independent Director and will notify the market when a
replacement has been interviewed and selected.
About the Company
The Company is a British Columbia -based mineral exploration company primarily engaged in the
acquisition and exploration of mineral properties. The Company's lithium exploration projects include the
Lucky Mica Project, which is located along the Arizona Pegmatite Belt in the Maricopa County of Arizona,
USA and the Patriota Lithium Project, located along the Eastern Brazilian Pegmatite Province, in Brazil
and the district scale AC/DC Lithium Project and Snake Lithium Project, both located in James Bay,
Quebec.
For further information, please contact Mr. Kal Malhi or view the Company’s filings at www.sedar.com.
On Behalf Of the Board of Directors
Kal Malhi
Chief Executive Officer and Director
Phone: 604-805-4602
Email: [email protected]
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news
release.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws, and may not
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be offered or sold within the United States, or to or for the account or benefit of any U.S. person or any
person in the United States, unless registered under the U.S. Securities Act and applicable state securities
laws or an exemption from such registrat ion is available. “ United States” and “ U.S. Person ” are as
defined in Regulation S under the U.S. Securities Act.
Cautionary Statement Regarding “Forward-Looking” Information
This news release includes certain statements that may be deemed “forward-looking statements”. All
statements in this new release, other than statements of historical facts, that address events or developments
that the Company expects to occur, are forward -looking statements. Forward -looking statements are
statements that are not historical facts and are generally, but not always, identified by the words “expects”,
“plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar
expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although
the Company believes the expectations expressed in such forward -looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual results may
differ materially from those in the forward-looking statements. Factors that could cause the actual results
to differ materially from those in forward-looking statements include market prices, continued availability
of capital and financing, and general economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance and actual results or developments may
differ materially from those projected in the forward -looking statements. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company’s management on the date the statements are
made. Except as required by applicable securities laws, the Company undertakes no obligation to update
these forward-looking statements in the event that management's beliefs, estimates or opinions, or other
factors, should change.