Pure Hydrogen Corporation Limited Registered Shs (AU:PH2) has released an update.
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Pure Hydrogen Corporation Limited (PH2) has responded to ASX’s queries regarding their incomplete acquisition of a 60% stake in H-Drive International Pty Ltd. Despite not being related parties, the agreement has yet to be finalized, with expected completion in Q1 FY25. Challenges remain in confirming loan amounts for transfer, which Pure Hydrogen anticipates resolving in the coming months.
For further insights into AU:PH2 stock, check out TipRanks’ Stock Analysis page.