Pure Hydrogen's Australia shares gain most in 4 weeks on power units launch

Pure One

07/12/2021 04:55

** ASX-listed shares of Pure Hydrogen Corp Ltd  PH2.AX 
surge as much as 22.9% to A$0.510, on track for their biggest
single-day pct jump since Nov. 9 
    ** Co says launched a range of hydrogen fuel cell power
generation units, which can be used either as a back-up power
source or for continuous electricity supply to power mobile
communication towers, businesses etc   urn:newsml:reuters.com:*:nASX7CZJBs
    ** Says hydrogen power units of four standard sizes - 5 kilo
watts (kw), 20kw, 50kw, and 100kw capacity - are being supplied
and will be available for sale in less than four weeks
    ** Says launch is in conjunction with H2X Global Ltd, a
vehicle manufacturer developing hydrogen fuel cell electric
vehicles
    ** Shares hit their highest since Nov. 30
    ** Stock up 371.6% this year, as of last close

 (Reporting by Roushni Nair in Bangalore)
 ((Roushni.Nair@thomsonreuters.com))