Gold Hydrogen made their ASX debut on January 13 with great success. The strong support for its IPO means Gold Hydrogen’s $20 million offering is fully subscribed and the company will launch with a market cap of $70 million.
Driven by core values excellence, integrity, respect, sustainable development, and performance, the team identifies themselves as energy experts working to unlock natural hydrogen for the betterment of Australian green energy resources.
Significant support has risen for this innovative Australian company, which has a long-term mission to help the transition to a decarbonized economy with sustainable, low-cost, low-carbon energy. Gold Hydrogen will undertake exploration to confirm historic occurrences of natural hydrogen of up to 89% purity at sites in Yorke Peninsula and Kangaroo Island in South Australia.
Gold Hydrogen shares, “We believe that our long-term success and sustainability depends upon our ability to deliver value in every aspect of our work. Our team is supported by an advisory board of some of the renewable energy sector’s most innovative and proven operators. During the 1920s and 30s, South Australia State Department geologists reported finding natural hydrogen gas while exploring for oil. More than a century later, Gold Hydrogen has used this recorded data, combined with sophisticated modern exploration techniques, to develop a new understanding of what could be the key to unlocking a revolutionary low carbon, low-cost fuel source.”
Chairman Alexander Downer responded to the debut, saying: “To know we have the support of so many people in the hunt for low carbon energy sources, and that the search starts in my own state, is incredibly humbling. This is an Australian first, and very exciting for South Australia and Australia. We need real solutions to decarbonise in ways that keep the lights on, and innovators like Gold Hydrogen will be essential to those goals.”
For more information, visit: https://www.goldhydrogen.com.au/