Brief: Pure Hydrogen Corporation Announces Spinout Of Australian Gas Assets Into Separate Listing
15/11/2024 01:28
Nov 15 (Reuters) - Pure Hydrogen Corporation Ltd
PH2.AX :
* SPINOUT OF AUSTRALIAN GAS ASSETS INTO SEPARATE LISTING
* EASTERN GAS IS EXPECTED TO RAISE A$8 MILLION TO A$10
MILLION AT
IPO
* TO SPIN OUT INTO NEW ASX-LISTED GAS EXPLORATION &
DEVELOPMENT
CO, EASTERN GAS
* SHAREHOLDERS WILL BE ENTITLED TO RECEIVE IN-SPECIE
DISTRIBUTION
IN EASTERN GAS ON AN INDICATIVE BASIS
Further company coverage: PH2.AX
((Reuters.Briefs@thomsonreuters.com;))
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