Pure Hydrogen trading halt details

Pure Hydrogen Corporation (ASX:PH2) has requested a trading halt on its securities starting from 23 October 2024. This halt is to allow time for an announcement about the counter-parties involved in certain transactions. The halt will last until normal trading resumes on 25 October 2024 or earlier if the announcement is made.

Overview and implications of trading halt

Pure Hydrogen Corporation (ASX:PH2) has initiated a trading halt to clarify counter-party details in recent transactions. The halt, expected to last until 25 October 2024 or an earlier announcement, aims to ensure informed trading. The request, aligned with ASX Listing Rule 17.1, underscores the company's commitment to transparency and compliance. The disclosure may reveal strategic partnerships or impacts on Pure Hydrogen's operations, potentially influencing investor sentiment and market activity.

Executive commentary on trading halt

The request complies with ASX Listing Rule 17.1. The company is in communication with ASX and has provided all necessary information to justify the halt.