tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GreenHy2 Limited Issues New Shares to Bolster Renewable Energy Initiatives

Story Highlights
GreenHy2 Limited Issues New Shares to Bolster Renewable Energy Initiatives

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Tempo Australia Ltd ( (AU:H2G) ) is now available.

GreenHy2 Limited announced the issuance of 6,818,181 fully paid ordinary shares at $0.011 per share to an investor as part of a previously announced placement. This move is part of the company’s ongoing efforts to strengthen its financial position and advance its renewable energy initiatives, particularly in the field of hydrogen storage, thereby potentially enhancing its market standing and stakeholder value.

More about Tempo Australia Ltd

GreenHy2 Limited (ASX: H2G) is a leading Australian company specializing in engineering solutions for renewable energy, with a focus on Solid State Hydrogen Storage for fuel cells and hydrogen gas. Established in 2011, the company is committed to reducing carbon footprints through clean energy innovations.

Average Trading Volume: 718,695

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$7.57M

Learn more about H2G stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1