
First Atlas Resources Corp
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Overview
First Atlas Resources Corp
First Atlas Resources Corp. (CSE: HHE) is a Vancouver-based natural hydrogen exploration company with projects in Nova Scotia and Quebec. In Nova Scotia it holds one of the larger natural hydrogen land packages in the Cumberland Basin, next to the West-Advocate discovery of its technical partner Quebec Innovative Materials Corp. (QIMC), where a permitted soil-gas and ground-magnetic program is under way. In eastern Quebec it owns 100% of the Matane natural hydrogen project along the Shickshock-South fault zone, and it also holds the La Corne South copper VMS project near Val-d'Or. Exploration applies QIMC's Reactivated Rift and Graben Geostructure (R2G2) model with scientific oversight from INRS. The company was known as Q Precious & Battery Metals Corp. (QMET) until February 2026.
Share Price
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Market Cap
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Shares Outstanding
167.1M
What we do
We are First Atlas Resources Corp., a Canadian exploration company focused on natural hydrogen and critical mineral assets in Eastern Canada. Our principal business is the acquisition and exploration of mineral property assets, with a strategic focus on natural hydrogen opportunities.
Our Projects
Nova Scotia Project Our primary focus is the Nova Scotia Project in the Cumberland Basin, where we hold 45 exploration licences comprising 2,877 claims. This includes the Colchester Project (12 licences, 817 claims covering 13,227.23 hectares) and the Dansof Project (12 licences, 1,356 claims covering 21,953.64 hectares). We acquired a 100% interest in these properties in 2025.
We are applying modern geological, geochemical and geophysical targeting methodologies across the Cobequid-Chedabucto structural corridor, including QIMC's R2G2™ framework. Recently, we engaged Echo Seismic Ltd. to conduct an approximately 8-kilometre 2D seismic survey using non-invasive, road-based Vibroseis technology to investigate subsurface geology beneath areas where soil-gas sampling identified significant hydrogen anomalies. We have also submitted 109 soil-gas samples for helium and C1-C4 hydrocarbon analysis.
Matane Project We are advancing our Matane natural hydrogen project in Quebec's Appalachian Region, which comprises 80 claims covering 4,518.59 hectares.
Cluster Project We hold a 100% interest in the Cluster Project located in Val-D'Or, Quebec, though we decided not to explore the Golden Valley claims under this project.
Exploration Status
As at July 31, 2026, we had not yet determined whether our mineral property assets contain ore reserves that are economically recoverable. Our ability to continue operations depends on obtaining additional financing and generating revenues sufficient to cover operating costs.
Leadership & team
Richard Penn, Chairman, President, CEO & Director Richard is a former stockbroker at Research Capital (2009-2014) who transitioned into public company leadership after helping take Five Star Diamonds public. He has served on the boards of Rocket Gold Corp., Turquoise Capital, RainCity Resources, and Fortress Resources Corp. He oversees daily operations, leads strategy in mineral and hydrogen exploration, manages financing and investor relations, and implements board policies. He has completed Canadian Securities Institute programs and additional training in governance, compliance, and leadership.
Dr. Mathieu Piché, Director Dr. Piché is a Professional Geoscientist (OGQ) based in Val-d'Or, Quebec, and supervises our exploration programs, including the LaCorne South Critical Minerals Project and the Matane Natural Hydrogen Project. He is a member of Ordre des Géologues du Québec and formerly worked at Persimco Resources, Inc., as Senior Geologist. Dr. Piché holds an undergraduate degree from the University of Montréal (1981), a graduate degree from Université du Québec à Chicoutimi (1986), and a doctorate from Université du Québec à Chicoutimi (1991).
Krystal Pineo, Director & CFO Krystal plays a key role in our financial management. She is a Canadian finance executive and corporate director, founder of KP Capital Inc., and co-founder and former director of Better Plant Sciences Inc. She leads financial strategy and reporting, oversees corporate governance and compliance, and supports capital markets activities for the company.
Kwaku Ashong, Director Kwaku has served as an independent director since 2021, playing an active role in corporate governance, board oversight, and strategic planning. He works closely with management to provide guidance on exploration and development activities, while also supporting capital markets initiatives and broader corporate decision-making.
Compiled from First Atlas Resources Corp’s approved public disclosures. Ask the assistant for sources or more detail on anything here.