top of page

Longhorn Exploration Announces Natural H2 Lease Acquisition

Longhorn Exploration, a Canadian mineral exploration, entered a lease acquisition agreement with PureWave Hydrogen, a Colorado based natural hydrogen exploration company, to obtain exclusive rights to explore and produce natural hydrogen over ~315 net acres in Kansas. The agreement mandates Longhorn to pay C$300k, issue 2mm shares, and spend C$3mm on the properties within three years. Concurrently, Longhorn plans a private placement to raise up to C$1.3mm. The transaction will see board changes, with representatives from PureWave Hydrogen joining Longhorn’s board. Currently, HyTerra and Koloma are the only two publicly known companies exploring natural hydrogen in Kansas.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Recent Posts

See All

Comentarios

No se pudieron cargar los comentarios
Parece que hubo un problema técnico. Intenta volver a conectarte o actualiza la página.
bottom of page