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Pure Hydrogen Corporation Limited (ASX:PH2)

ALERT: Price-sensitive ASX Announcement for PH2
Current share price for PH2 : $0.085 -0.001 (-1.16%)+
Announcement
Release
31 Oct 2025 10:21AM
Price at Release
$0.086
Full Release
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Summary
Pure Hydrogen Corporation Limited, an Australian clean technology company, reported its quarterly financial results for the period ending 30 September 2025. The company, soon to be renamed Pure One Corporation Limited, focuses on zero-emission vehicle and energy project development. During the quarter, they signed a strategic distribution agreement with FRN Enterprise SAS to expand in South America and received R&D Tax Incentive refunds of approximately $1 million. The company also engaged in various financing activities, raising A$1.0 million through a placement and securing a $2.5 million loan facility to support growth. They reported a net cash outflow from operating activities of $693,000, with cash and cash equivalents increasing to $2,673,000 by the quarter's end. Future plans include supporting commercial transition to cleaner transport and expanding their vehicle range. Additionally, Pure Hydrogen continues to develop natural gas projects in Australia and holds investments in Botswana-based energy projects.
Key Points
  • Pure Hydrogen Corporation Limited is a clean technology company focused on zero-emission vehicle and energy project development.
  • The company is planning to change its name to Pure One Corporation Limited.
  • Signed a strategic distribution agreement with FRN Enterprise SAS in South America.
  • Received around $1 million in R&D Tax Incentive refunds during the quarter.
  • Raised A$1.0 million through a placement to sophisticated investors.
  • Secured a $2.5 million loan facility to support growth.
  • Reported a net cash outflow from operating activities of $693,000.
  • Cash and cash equivalents increased to $2,673,000 by the end of the quarter.
  • Developing natural gas projects in Australia and investing in Botswana.
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.