Pure Hydrogen Corp Addresses ASX Query
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Pure Hydrogen Corp Addresses ASX Query

Pure Hydrogen Corporation Limited Registered Shs (AU:PH2) has released an update.

Pure Hydrogen Corporation Limited has responded to an ASX query by stating that the recent registration of Australia’s first Hydrogen Fuel Cell Prime Mover and its impending handover to PepsiCo is not material information expected to affect share prices. The company cites the progressive and transparent nature of the project’s development as a reason for the market’s anticipation of the event, dismissing the relevance of a share price increase following the announcement. Additionally, the commencement of a trial with PepsiCo, involving the operation of the Taurus Prime Mover Truck, is confirmed and will assess the vehicle’s performance against diesel trucks.

For further insights into AU:PH2 stock, check out TipRanks’ Stock Analysis page.

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