InvestSMART

H2G Limited (ASX:H2G)

ALERT: Price-sensitive ASX Announcement for H2G
Current share price for H2G : $0.008 0.001 (6.67%)+
Announcement
Release
10 Feb 2026 9:28AM
Price at Release
$0.008
Full Release
download
Summary
GreenHy2 Limited (ASX:H2G) announced a share placement to raise approximately $941,000 by issuing new fully paid ordinary shares to institutional and sophisticated investors at $0.009 per share. The placement targets strategic shareholders with strong interest in the company's Sodium-Ion Batteries. The placement includes a significant contribution from Director Michael Seder’s fund, contingent on shareholder approval. The funds will be used to advance the company’s Energy Storage products, particularly the PowerSafe Sodium-ion and Li-ion batteries. The new shares will rank equally with existing shares, and the placement aims to position the company as a leader in energy storage solutions.
Key Points
  • GreenHy2 Limited announced a share placement to raise approximately $941,000.
  • New shares to be issued to institutional and sophisticated investors at $0.009 per share.
  • Michael Seder’s fund to contribute $250,000, pending shareholder approval.
  • Funds to accelerate Energy Storage products, focusing on PowerSafe Sodium-ion and Li-ion batteries.
  • Placement includes issuing up to 104,610,111 new shares, about 15% of existing capital.
  • Shares are aimed at strategic shareholders interested in Sodium-Ion Batteries.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.