Eden to focus on core strengths

EDEN Energy has entered into a conditional agreement to sell its subsidiary businesses for about $2 million in shares after India-based Zoom Developers failed to provide the company with a $5 million loan.

The company said its hydrogen production company HyRadix is being sold, as well as Eden Cryogenics and Cryogenic Technical Services, as it had been relying on the funding from Zoom for ongoing working