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The latest announcement is out from Pure Hydrogen Corporation Limited Registered Shs ( (AU:PH2) ).
Pure Hydrogen Corporation Limited has secured firm commitments to raise A$1 million through an equity placement at A$0.085 per share, with strong support from investors and directors. The funds will be used to expand operations in the US and Australia, support new vehicle deliveries, and provide general working capital, enhancing the company’s market positioning in the clean technology sector.
More about Pure Hydrogen Corporation Limited Registered Shs
Pure Hydrogen Corporation Limited is a clean technology-focused company aiming to lead in the development of Zero Emissions vehicles and energy projects. It plans to supply hydrogen fuel as a domestically sourced clean fuel in Australia and other countries, while also expanding its line of zero emissions solutions for commercial customers. The company is involved in natural gas projects in Australia and has a strategic investment in Botala Energy, a Botswana-focused energy company. Pure Hydrogen also prioritizes incubation for early-stage companies or projects within the clean energy sector.
Average Trading Volume: 542,517
Technical Sentiment Signal: Sell
Current Market Cap: A$38.28M
See more data about PH2 stock on TipRanks’ Stock Analysis page.