Hudson Resources Inc.

Hudson Resources Inc. – TSX Venture Exchange “HUD”; OTC “HUDRF”) is pleased to report that it has entered into definitive agreements with its existing lender, Cordiant Capital Inc. and its affiliates , and its new lender, Romeo Fund – Flexi and its affiliates with respect to the US$3 million loan facility increase originally announced on May 24, 2019. Pursuant to the agreements [...]

Hudson Resources Inc. has been informed by Spliethoff Transport BV, the owners of the MV Happy Dragon that the bulk ship is now estimated to arrive at the White Mountain project on August 12th. The ship was originally scheduled to arrive after July 25th but has been delayed at its last port of call in Iqaluit, Nunavut where it is dropping off a modular hotel. The delay is primarily due to unexpected ice in the [...]

Hudson Resources Inc. is pleased to announce that the first shipment of GreenSpar, the company’s anorthosite product produced in Greenland, is scheduled to take place in the last week of July. Working through Simpson Spencer Young, the world’s largest independent shipbroker, the company has fixed the dry bulk ship “MV Happy Dragon” with Spliethoff Transport BV. The dry bulk ship will load [...]

Hudson Resources Inc. is pleased to announce that the White Mountain anorthosite is being tested by institutions and space agencies as a potential lunar simulant to be used for testing lunar equipment such as rovers, and as a potential building material using Hudson’s CO2 free Anocrete concrete . Future lunar missions are planned to travel to the Lunar Highlands and the Lunar Poles where the main geological [...]

Hudson Resources Inc. reports that in light of recent trade tensions between the US and China and it’s implications on rare earth availability outside of China, Hudson is reviewing activities with respect to its Sarfartoq Carbonatite Rare Earth Element project. Hudson believes the best option is to find a partner to develop the deposit. Hudson brings to the table a mature project and the knowhow on permitting [...]

Hudson Resources Inc. – TSX Venture Exchange “HUD”; OTC “HUDRF”) is pleased to report that it has entered into definitive agreements with its lender, Cordiant Capital Inc. and its affiliates , with respect to the loan increase and extension originally announced on March 29, 2019. The agreements provide for an immediate US$5 million loan facility increase, which the Company expects to [...]

Hudson Resources Inc. is pleased to announce that the White Mountain process plant ramp up has achieved 50% capacity and production continues to increase. The plant is producing a minus 250 micron calcium aluminum silicate product called GreenSpar. The initial customers will be using this material as a feedstock for the production of E-Glass fiberglass. It is also the feed material that Hudson will micronize to [...]

Hudson Resources Inc. is pleased to announce that an agreement has been reached with Hudson’s lender, Cordiant Capital Inc. to provide additional working capital and to extend the maturity and first principal payment of its loan by one year. The additional working capital is required to cover costs associated with delays to full production and equipment performance. Key parameters of the amended agreement [...]

Hudson Resources Inc. has granted incentive stock options under the Company's stock option plan to directors and employees to purchase a total of 1,610,000 shares at a price of $0.45 per share. The options are exercisable for a period of five years, subject to the policies of the TSX Venture Exchange. “Jim K Cambon” President and Director For further information: Ph: 604-628-5002 or 604-505-2157 [...]

Hudson Resources Inc. is pleased to announce that commissioning has been completed and production ramp-up has commenced at the 100% owned White Mountain Anorthosite mine in Greenland. The calcium feldspar mine is permitted for 50 years. Hudson has completed the testing of all major equipment components under load and the production of GreenSpar Anorthosite product has commenced. All equipment is performing as [...]