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Pure One Issues 6 Million Shares as Security for At-The-Market Facility

Story Highlights
  • Pure One, a clean-tech firm in zero-emission mobility and energy, also pursues gas projects and early-stage clean energy investments.
  • The company issued 6 million shares to Dolphin Corporate Investments as security for an ATM facility, confirming full compliance with disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pure One Issues 6 Million Shares as Security for At-The-Market Facility

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The latest announcement is out from Pure Hydrogen Corporation Limited Registered Shs ( (AU:P1E) ).

Pure One Corporation Limited has issued 6,000,000 ordinary shares at a deemed price of $0.06 each to Dolphin Corporate Investments as security for an At-The-Market facility. The company confirmed the shares were issued without a prospectus under relevant Corporations Act provisions, stated it is in compliance with its reporting and disclosure obligations, and noted there is no excluded information that would need to be disclosed under the Act, clarifying the regulatory status of this capital-related transaction for investors.

More about Pure Hydrogen Corporation Limited Registered Shs

Pure One Corporation Limited is an ASX-listed clean technology company focused on zero-emission mobility and energy solutions. Building on its hydrogen technology legacy, the company is expanding into battery-electric vehicles and battery-swap offerings for commercial fleets, while also developing natural gas projects in Australia and Botswana and incubating early-stage clean energy ventures.

Average Trading Volume: 394,562

Technical Sentiment Signal: Sell

Current Market Cap: A$22.53M

Find detailed analytics on P1E stock on TipRanks’ Stock Analysis page.

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