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An update from Tempo Australia Ltd ( (AU:H2G) ) is now available.
GreenHy2 Limited has successfully issued 89,727,627 fully paid ordinary shares at $0.011 per share to institutional and sophisticated investors, as part of a placement announced earlier. This move, conducted under the company’s existing ASX Listing Rule 7.1 capacity, reflects GreenHy2’s strategic efforts to bolster its financial standing and enhance its market position in the renewable energy sector.
More about Tempo Australia Ltd
GreenHy2 Limited (ASX: H2G) is a leading Australian company specializing in engineering solutions for renewable energy, with a focus on Solid State Hydrogen Storage for fuel cells and hydrogen gas. Established in 2011, the company is committed to reducing carbon footprints through clean energy innovations.
Average Trading Volume: 858,283
Technical Sentiment Signal: Sell
Current Market Cap: A$8.97M
Learn more about H2G stock on TipRanks’ Stock Analysis page.