(via TheNewswire)
Toronto, Ontario – TheNewswire – February 9, 2026 — Blue Horizon Global Capital Corp. (“Blue Horizon” or the “Company”), (CSE: BHCC), a dynamic investment company focused on identifying and nurturing innovative enterprises , announces that it is evaluating a potential regulated asset-structuring initiative intended to unlock value from its undervalued proprietary 3D seismic data asset located in Montana, United States.
The Company owns a high-quality, capital-intensive, long-life 3D seismic dataset with an estimated internal fair market value of approximately CAD $15 million. The asset has historically been monetized through licensing and reprocessing activities and is expected to continue to present long-term monetization opportunities. Management believes that this type of non-operating data asset is not efficiently reflected in public equity valuations, primarily due to its illiquidity, long-dated cash flow profile, and non-core classification within public markets.
Asset Overview
The proprietary 3D seismic dataset covers approximately 120 square miles in Pondera and Teton Counties, Northwestern Montana and is owned by Primary Petroleum Company USA, Inc., a subsidiary of Blue Horizon Global Capital, together with a joint venture partner, Oxy USA Inc. (“Oxy”). Primary Petroleum owns 67.5% of the dataset, with Oxy owning 32.5%.
The Company has engaged American Geophysical Corporation to assist in the marketing of the dataset for licensing opportunities. Management believes continued marketing may lead to additional licensing arrangements, joint ventures, partnerships, or potential farm-in transactions.
Rationale for the Evaluation
Management believes that public equity markets often apply a significant discount to non-operating, illiquid data assets, resulting in underlying value being embedded within the Company’s equity and not independently recognized. Traditional alternatives, including outright sale, joint ventures, or debt financing, may involve strategic or economic trade-offs that the Company does not consider optimal at this time.
Accordingly, the Company is evaluating whether a regulated tokenization-based structure could provide a conservative, non-dilutive method to improve value recognition while maintaining strategic control and flexibility.
Proposed Structure (Subject to Further Evaluation)
Under the structure currently being evaluated:
If utilized, blockchain technology would function solely as an administrative registry and settlement mechanism and would not involve retail crypto assets or speculative digital currencies.
Capital Sequencing and Shareholder Alignment
As part of its evaluation, the Company is considering a value-first capital sequencing approach, which may include:
The potential distribution of a minority portion (currently anticipated to be approximately 20–30%) of the structured economic interest, on a pro rata basis, to existing shareholders as a return of capital, subject to applicable approvals.
No decisions have been made with respect to any financing or distribution, and no assurance can be given that any transaction will be completed .
Status
The Company is currently in an evaluation phase only and has not entered into any binding agreements. The Company will provide further updates in accordance with its continuous disclosure obligations as developments warrant.
The Company hereby announces that, following its press releases dated July 9 and July 31, 2025, it has terminated the securities purchase agreement dated July 28, 2025 with C2 Technology Innovations Ltd. (“C2”). This decision was made due to C2's inability to secure the necessary funding and the requirement by the CSE for an independent third-party valuation of C2 and its associated technologies.
About Blue Horizon
Blue Horizon is an investment company whose primary objective is to identify promising companies with excellent projects, innovative technologies or both, using management’s extensive experience in deal sourcing and capital combination to maximize returns for its shareholders. Blue Horizon will invest its funds with the aim of generating returns from capital appreciation and investment income. It intends to accomplish these goals through the identification of and investment in securities of private and publicly listed entities across a wide range of sectors and industry areas, including but not limited to the technology, software development and biotechnology industries.
Contact:
Alex MacKay
Chief Executive and Financial Officer
Email: carriagehousecap@gmail.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable Canadian securities laws, including statements regarding the evaluation of asset structuring alternatives, potential tokenization, anticipated benefits, and future monetization opportunities. Forward-looking statements are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on such statements. The Company undertakes no obligation to update forward-looking information except as required by law.
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