Vancouver, British Columbia - TheNewswire – March 27, 2025 – Hertz Energy Inc. (the “Company” or “Hertz”) (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) announces  that Zara Kanji is no longer Chief Financial Officer for the Company and Jatin Bakshi has been appointed in her place.

 

Mr. Bakshi, CPA, FCA (India), MBA has more than 9 years of versatile experience in accounting, finance and taxation out of which 8 years is in public practice in Canada and abroad. After obtaining a CA designation from the Institute of Chartered Accountants of India in 2016, Mr. Bakshi worked in auditing and financial reporting for a public company in India. Subsequently, Mr. Bakshi started a practice firm in India to provide auditing and taxation services to small manufacturing and service-based businesses. Having worked with businesses from vastly different sectors, Mr. Bakshi developed an in-depth understanding of financial reporting and the regulatory environment. Mr. Bakshi earned his CPA designation in 2022 and since then he has been involved with accounting and compliance of various publicly listed companies.        

“We look forward to the addition of Jatin to the Hertz team and would like to thank Zara for her efforts as a valuable member of the Company’s Management over the past years and wish her continued success in her other ventures” stated Kal Malhi, CEO of the Company.

 

About the Company

 

The Company is a British Columbia based junior exploration company primarily engaged in the acquisition and exploration of energy metals mineral properties. The Company’s lithium exploration projects include the Lucky Mica Lithium Project and the AC/DC Lithium Project. The Lucky Mica Project is 939 hectares located within the Arizona Pegmatite Belt in the Maricopa County of Arizona, USA. The AC/DC Project is 26,500 hectares located in the renowned James Bay Lithium District in Quebec, Canada, just 26kms southeast of the Covette Lithium Project owned by Patriot Battery Metals and is contiguous to Rio Tinto’s Kaanaayaa project claims. The Company’s uranium projects include the Cominco Uranium Project located in Bathurst Inlet, Nunavut, Canada and its recent applications for Exclusive Prospecting Licenses in Namibia.  

 

For further information, please contact Mr. Kal Malhi or view the Company’s filings at www.sedarplus.ca.

  

On Behalf of the Board of Directors

 

Kal Malhi Chief Executive Officer and Director Phone: 604-805-4602 Email: kal@bullruncapital.ca

 

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

 

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.