GEV raises A$6.3 million to develop hydrogen ship

HYDROGEN transport hopeful, Global Energy Ventures, has received commitments to raise A$6.3 million from a share placement to institutional and sophisticated investors to go towards progressing its compressed hydrogen ship development.

GEV raises A$6.3 million to develop hydrogen ship GEV raises A$6.3 million to develop hydrogen ship GEV raises A$6.3 million to develop hydrogen ship GEV raises A$6.3 million to develop hydrogen ship GEV raises A$6.3 million to develop hydrogen ship

Eager new investors come to the table

The placement involves issuing 63 million fully paid ordinary shares at 10c per share to new and existing institutional and sophisticated investors.