Brief: Pure Hydrogen Corporation Announces Spinout Of Australian Gas Assets Into Separate Listing

Pure One

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


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 ((Reuters.Briefs@thomsonreuters.com;))