Diagnamed Holdings

What Diagnamed Holdings does

DiagnaMed Holdings Corp. (CSE: DMED, OTCQB: DGNMF) is a Canadian clean-technology company headquartered in Vancouver, British Columbia, focused on the discovery and extraction of naturally occurring geologic ("white") hydrogen. The company's core activities center on two integrated pillars: (1) proprietary subsurface analytics and soil-gas survey methods—developed in collaboration with the Institut National de la Recherche Scientifique (INRS)—to identify naturally occurring hydrogen accumulations in favorable geological formations, and (2) an exclusive partnership with TerraVent Environmental Inc. for deployment of patented Heatwave electromagnetic stimulation tools that release hydrogen from ancient iron-rich rock formations and depleted hydrocarbon reservoirs without electrolysis or fossil-fuel inputs.

The company operates a portfolio of exploration projects across three Canadian jurisdictions: the Ontario Natural Hydrogen & Helium Exploration Program in the Timiskaming District within the Témiscamingue-Timiskaming Graben (where soil sampling has confirmed widespread hydrogen anomalies including a peak concentration of 2,817 ppm), a Quebec collaboration with Québec Innovative Materials Corp. (QIMC), and the newly acquired Colchester East Natural Hydrogen Project in Nova Scotia's Cumberland Basin (30 licenses, 2,104 claims). DiagnaMed also maintains a residual life-sciences portfolio referencing AI-driven drug discovery and diagnostics, though this appears secondary to the hydrogen business following the company's strategic pivot.

DiagnaMed is pre-revenue and in active exploration phase. Its go-to-market model is enterprise B2B, with plans to supply industrial, municipal, transportation, and AI data center customers via direct sales, offtake agreements, and joint ventures. Capital formation to date totals approximately $750,000 across two 2025 private placements, and the company has secured an MOU with the Témiscamingue First Nation covering Indigenous consultation and community participation. The company is led by CEO John Karagiannidis, Executive Chairman André Turmel (former Fasken LLP energy law senior partner), and Interim CFO Edward Low.

Name

Diagnamed Holdings

Legal name

DiagnaMed Holdings Corp.

Website

https://diagnamed.com

Company type

Public

Operating status

Operating

Headcount range

1–10 employees

Short description

DiagnaMed Holdings Corp. is a Canadian clean-technology company exploring for and developing naturally occurring ("white") geologic hydrogen across Ontario, Québec, and Nova Scotia using proprietary soil-gas surveys and exclusive Heatwave electromagnetic extraction technology licensed from TerraVent Environmental.

Ownership category

akta.pro rank

Product category

Natural Hydrogen Exploration and Production

NAICS

Geophysical Surveying and Mapping Services (541360), Natural Gas Extraction (21113)

SIC

Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Conventional Natural Gas Exploration & Production (Dry Gas) (EUAAAAAA)

Keywords

• Natural hydrogen exploration
• White hydrogen extraction
• Clean energy production
• Subsurface analytics services
• Geological hydrogen mapping

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Supply Chain, Others

Revenue model

1. Private Placement Offering: DiagnaMed completed a private placement offering in December 2025, issuing 13,250,333 units at $0.03 each, raising $397,510 for R&D in hydrogen production, AI-driven drug discovery, and diagnostics.
2. Hydrogen Production Revenue (Future): The company plans to generate revenue through hydrogen production and sales to industrial, municipal, and transportation sectors once extraction operations are commercialized.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

DiagnaMed Holdings Corp. is a Canadian clean-technology company focused on the discovery and production of naturally occurring geologic, or "white," hydrogen. The company uses proprietary soil-gas survey methods and subsurface analytics to identify hydrogen accumulations in favorable geological settings, and through an exclusive partnership with TerraVent Environmental Inc., employs patented Heatwave electromagnetic stimulation tools to release hydrogen from ancient iron-rich rock formations and depleted hydrocarbon reservoirs. The company operates exploration projects across Ontario, Quebec, and Nova Scotia.

Product overview

DiagnaMed Holdings Corp. is a Canadian clean-technology company operating two distinct portfolios: natural hydrogen exploration/extraction and life sciences (AI-driven drug discovery and diagnostics). The hydrogen business centers on proprietary subsurface analytics and soil-gas survey methods to identify hydrogen accumulations, combined with TerraVent Environmental's patented Heatwave electromagnetic stimulation technology for extraction. The company operates exploration projects in Ontario's Témiscamingue Graben and Nova Scotia's Colchester East, while maintaining AI-driven initiatives in drug discovery and diagnostics through its life sciences division.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Hydrogen Exploration Services Proprietary subsurface analytics using soil-gas survey methods developed in collaboration with INRS to identify naturally occurring hydrogen accumulations in favorable geological settings. Targeted at industrial, municipal, and transportation sector customers seeking clean hydrogen supply.
• Natural Hydrogen Extraction Technology Clean, non-electrolytic hydrogen extraction using patented Heatwave electromagnetic stimulation tools developed by TerraVent Environmental Inc. to release hydrogen from ancient iron-rich rock formations and depleted hydrocarbon reservoirs. Deployed through exclusive partnership.
• Ontario Natural Hydrogen & Helium Exploration Program Exploration program in the Timiskaming District within the Témiscamingue-Timiskaming Graben along the Ontario-Quebec border, targeting subsurface hydrogen and helium accumulations using soil-gas sampling and electromagnetic surveys.
• Colchester East Natural Hydrogen Project Strategic hydrogen exploration project in Nova Scotia consisting of 30 licenses totaling 2,104 claims within the Cumberland Basin, targeting natural hydrogen accumulations.

Quantifiable outcome

• Hydrogen production costs under $1/kg estimated
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• Témiscamingue First Nation (TFN)coreStrategic or Co-development Partner · 8 October 2025MOU signed October 2025 to advance natural hydrogen development along Ontario-Quebec corridor. Partnership establishes framework for Indigenous consultation, environmental monitoring, employment opportunities, and community economic participation. TFN provides Aboriginal Traditional Knowledge integration into project design and environmental stewardship.
• Québec Innovative Materials Corp. (QIMC)coreStrategic or Co-development Partner · 30 June 2025DiagnaMed and QIMC collaborate on natural hydrogen exploration in Ontario's Témiscamingue Graben, leveraging QIMC's expertise and INRS research methodology. QIMC provides geological expertise, proprietary exploration techniques developed at St-Bruno-de-Guigues, and access to complementary land positions. DiagnaMed contributes its Ontario property holdings and proprietary exploration technologies.
• Institut National de la Recherche Scientifique (INRS)coreStrategic or Co-development Partner · 30 June 2025INRS provides scientific leadership for hydrogen exploration programs through Prof. Marc Richer-Laflèche. The research institution conducts soil-gas surveys, geochemical analysis, and technical supervision of exploration activities. Their validated exploration model has yielded exceptional results at St-Bruno-de-Guigues with hydrogen concentrations exceeding 21,000 ppm.
• TerraVent Environmental Inc.coreTechnology or Integration · 1 January 2025Exclusive partnership for deployment of patented Heatwave electromagnetic stimulation technology for hydrogen extraction. TerraVent's technology enables clean extraction of hydrogen from subsurface formations with zero carbon emissions, minimal energy input, and no chemical additives. Originally developed with Texas Tech University.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Linde plc: World's largest industrial gases company with substantial clean hydrogen project pipeline and B2B offtake networks. Comparable only at the customer-segment level as DMED targets the same industrial decarbonisation buyers but with a fundamentally different technology and cost thesis.
• Air Liquide: Global industrial-gas major with a multi-billion-dollar hydrogen production, distribution, and infrastructure franchise. Overlaps with DMED's future hydrogen supply ambitions across industrial and municipal customer segments but operates at vastly greater scale and customer reach.
• Cummins Inc. Global powertrain major with a dedicated hydrogen and fuel cell business (Accelera). Comparable to DMED at the downstream industrial/mobility customer level and as a benchmark for capital intensity in commercialising hydrogen technologies.
• Ballard Power Systems: Public hydrogen fuel cell manufacturer serving mobility and stationary power markets. Tangentially comparable as part of the broader publicly traded hydrogen value chain where DMED's eventual offtake customers operate.
• Plug Power: Established US-listed green hydrogen and fuel cell leader supplying industrial and mobility customers. Provides a public-market benchmark for valuation, customer-acquisition patterns, and execution risk in the hydrogen supply industry DMED is targeting.

Direct peers

• HyTerra Ltd: ASX-listed early-stage white/natural hydrogen exploration company pursuing hydrogen accumulations in similar subsurface geological settings to DMED. Direct competitor for investor attention in the emerging white hydrogen exploration category.
• Koloma: US-based, well-capitalised natural hydrogen exploration company founded to locate and develop geologic hydrogen resources in the US Midwest. Closest analogue to DMED's integrated discovery-to-extraction strategy in North America outside Canada.
• First Hydrogen Corp. CSE-listed hydrogen-focused company producing and supplying green hydrogen (notably through the same Edward Low who serves as DMED's Interim CFO). Comparable public micro-cap hydrogen play with similar capital constraints and operational scale.
• Gold Hydrogen Ltd: ASX-listed natural (white) hydrogen explorer focused on subsurface hydrogen accumulations in Australia. Directly comparable exploration-stage business model and risk profile to DiagnaMed's hydrogen portfolio.
• Québec Innovative Materials Corp. A CSE-listed exploration company partnering with DiagnaMed on the Témiscamingue Graben program. QIMC is the most direct peer because it explores for the same natural hydrogen resource in the same geological settings using the same INRS-validated soil-gas methodology, and its St-Bruno-de-Guigues results establish a benchmark for DMED's adjacent claims.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/DiagnaMed
• LinkedInlinkedin.com/company/diagnamed
• Instagraminstagram.com/diagnamed

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Diagnamed Holdings