Gold Hydrogen Limited is focus on exploration and development of mineral resource opportunities, and specifically exploration and development of the Projects in Victoria, Australia. It is set to list on the Australian Securities Exchange (ASX).
Gold Hydrogen Limited has one major project – Ramsay Project .
*Ramsay Project – Its a 100% Gold Hydrogen owned exploration project in South Australia and located on PEL 687. PEL 687 was granted over approximately 7,820 km² with Prospective Best Estimate Resource of 1.3 billion kilograms of natural hydrogen.
Gold Hydrogen Limited was looking to raise up to $20 million at $0.50 per share in its initial public offering (IPO). The Public Offer opens on 1 Dec 2022 and closes on 9 Dec 2022. The expected date for quotation on ASX is 13 Jan 2023.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
| ASX code | GHY |
| Name | Gold Hydrogen Limited |
| Website | https://www.goldhydrogen.com.au/ |
| Share Registry | Link Market Services Limited |
| Underwriter | Fully underwritten. Morgans Corporate Limited (underwriter and Lead Manager) |
| Opening Date for the Public Offer: | 1 December 2022 |
| Closing Date for the Public Offer: | 9 December 2022 |
| Expected date for New Shares to commence trading on ASX | 13 January 2023 11:00 AM AEDT |
| Funds to be raised under the Public Offer (before costs) | $20,000,000 |
| Offer price per share | $0.50 |
| Shares on issue at the Prospectus Date | 79,076,977 |
| Shares to be issued under the Public Offer | 40,000,000 |
| Total Shares (undiluted) | 140,000,000 |
| Escrow (estimated) | 83,076,977 Shares and 3,900,000 Unquoted
Options (a period of 24 months from date of quotation or issue) 5,923,023 Shares (End of escrow: 31 May 2023) 13,006,121 Shares (End of escrow: 13 July 2023) |
Source: Gold Hydrogen Limited prospectus, official website.