Top End Energy Limited (AU:TEE) has released an update.
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Top End Energy Limited has announced a significant acquisition of Serpentine Energy Pty Ltd, securing a 100% stake in its natural hydrogen project in Kansas, USA. This strategic move, supported by a $6 million capital raise, positions the company to capitalize on the burgeoning natural hydrogen market, leveraging the project’s prime location and existing infrastructure for future growth. The acquisition underlines the growing interest in natural hydrogen as a promising new energy source.
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