Record Resources Secures Beauchamp Hydrogen Property Acquisition

An update from Silk Road Energy ( (TSE:REC) ) is now available.

Record Resources Inc. has received conditional approval from the TSX Venture Exchange for the acquisition of the Beauchamp Natural Hydrogen Property in Ontario, marking a significant step in its renewable hydrogen exploration efforts. This strategic acquisition strengthens the company’s position as a leader in Ontario’s renewable hydrogen sector, and exploration activities are set to begin this year on the property, which consists of 300 claims. Additionally, a previous option agreement on a gold exploration property in Djibouti has been cancelled.

More about Silk Road Energy

Record Resources is a Canadian exploration company focused on acquiring and developing hydrogen and gold exploration properties. It is operated by a highly experienced management team with access to exploration opportunities and technical expertise, supported by capital markets professionals.

YTD Price Performance: 37.50%

Average Trading Volume: 298,163

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$5.04M

For a thorough assessment of REC stock, go to TipRanks’ Stock Analysis page.