Next Hydrogen Announces Closing of $1.5 million in Loans

MISSISSAUGA, Ontario, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF) is pleased to announce that further to its press release dated July 23, 2025, it entered into a loan agreement with certain existing directors and officers of the Company (the “Lenders”) providing for the advance of an unsecured loan (the “Loan”) bearing interest at 5.0% per annum in the principal amount of $530,000. The Loan was advanced on July 23, 2025, and matures on the date that is one year from the advance of the Loan (the “Maturity Date”). The advance of the Loan was completed immediately prior to the advance of a $1 million loan from an arm’s length commercial lender (the “Original Loan”).