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Pure Hydrogen Ups Stake in Botala Energy

Botala Energy Ltd. (AU:BTE) has released an update.

Pure Hydrogen Corporation Limited has increased its stake in Botala Energy Ltd, with its voting power rising from 16.49% to 18.48% following the issue of 6 million new shares as per a recent sales agreement. This strategic move strengthens Pure Hydrogen’s position as a substantial holder in the energy company. The change in shareholding occurred on April 18, 2024, as outlined in the latest corporate filing.

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

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