Brief: Pure Hydrogen Corp Says Secured Funding To Fast-Track Development Of Turquoise Hydrogen Project
29/06/2023 02:52
June 29 (Reuters) - Pure Hydrogen Corporation Ltd
PH2.AX :
* SECURES FUNDING TO FAST-TRACK DEVELOPMENT OF TURQUOISE
HYDROGEN
PROJECT
* ENTERED INTO AGREEMENT WITH TURQUOISE GROUP WHICH WILL
INVEST
AU$1.6 MILLION
* WILL RETAIN A 40% NON-DILUTABLE STAKE IN TURQUOISE GROUP
FOR 3.5
YEARS
* PURE HYDROGEN WILL HOLD EXCLUSIVE RIGHTS TO ACQUIRE
HYDROGEN
PRODUCED BY TURQUOISE GROUP WITHIN AUSTRALIA FOR 20 YEARS
Source text for Eikon: ID:nASX3h9WBw
Further company coverage: PH2.AX
((Reuters.Briefs@thomsonreuters.com;))
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