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Pure Hydrogen Reports Positive Cash Flow and Expands Global Reach

Story Highlights
  • Pure Hydrogen achieved a second quarter of positive cash flow with $409,000 net flows.
  • The company expanded its global distribution with new agreements in Latin America and Argentina.
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Pure Hydrogen Reports Positive Cash Flow and Expands Global Reach

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Pure Hydrogen Corporation Limited Registered Shs ( (AU:PH2) ) just unveiled an update.

Pure Hydrogen Corporation Limited reported a second consecutive quarter of positive cash flow, with significant developments in both domestic and international markets. The company delivered Australia’s first hydrogen-powered truck to a government agency and expanded its global distribution through agreements in Latin America and Argentina. The Queensland government granted a 15-year commercial area for the Windorah Gas Project, and the company is well-capitalized to support its growth, holding $2.7 million in cash and additional credit facilities.

More about Pure Hydrogen Corporation Limited Registered Shs

Pure Hydrogen Corporation Limited is a clean technology company focused on becoming a leader in the development of Zero Emissions (ZE) vehicles and energy projects. The company is expanding its line of zero emissions solutions and is involved in natural gas projects in Australia and Botswana. Additionally, Pure Hydrogen invests in early-stage clean energy companies and projects.

Average Trading Volume: 509,988

Technical Sentiment Signal: Hold

Current Market Cap: A$41.08M

See more insights into PH2 stock on TipRanks’ Stock Analysis page.

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