Offtake Agreement

HyOrc Corporation is advancing its green methanol project in Portugal, nearing commercialization with an offtake agreement and a Letter of Intent for expansion. The project’s viability is supported by European grey methanol pricing, with renewable premiums offering additional upside. Methanol’s liquid state allows for easier infrastructure integration compared to ammonia or hydrogen. HyOrc also targets rail and off-grid power with patented hydrogen-capable systems and has completed factory tests for 1MW turbines.

Bayhorse Silver (BHSIF) renewed its silver/copper concentrate Offtake Agreement with Ocean Partners, increasing the shipping volume to 400 tons. Bayhorse plans to process company and third-party material at its Payette, Idaho facility. Mining rate expansion to 200 tons/day is planned, utilizing ore-sorting technology for silver content upgrades. A new mineralized zone was discovered with high-grade silver assays, prompting the planning of a 65-foot decline. While promising, a feasibility study of mineral reserves is still needed for the production decision.