Brief: BPH Energy Updates On Clean Hydrogen Technologies Corporation Hydrogen Investment
21/12/2022 05:48
Dec 21 (Reuters) - BPH Energy Ltd BPH.AX :
* UPDATES ON CLEAN HYDROGEN TECHNOLOGIES CORPORATION
HYDROGEN
INVESTMENT
* RIGHT OF FIRST REFUSAL CONDITIONS UNDER TERM SHEET HAVE
NOW BEEN
AMENDED
* UNDER AMENDED ROFR, CLEAN HYDROGEN TECHNOLOGIES CORP
DETERMINES
IT NEEDS AT LEAST FURTHER $1 MILLION INVESTMENT FOR CONTINUED
DEVELOPMENT, OPERATIONS
* UNDER AMENDED ROFR VENDOR DOES NOT SEEK SERIES A
INVESTMENT IN
EQUITY SECURITIES COMPRISING $3 MILLION MINIMUM INVESTMENT BY 30
APRIL 2023
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