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Proactive Investors China - The web's leading portal for China stocks - High Peak Royalties acquires green hydrogen project royalty


2021-07-09
by Proactive Australia
High Peak Royalties Ltd (ASX:HPR) has expanded its diverse royalty portfolio by entering a Memorandum of Understanding (MOU) for investment and royalty rights with ScimTek Hydrogen Ltd.
The agreement is intended to be legally binding and provides certain rights to High Peak in exchange for a purchase price of $300,000, which includes a 1% royalty on the sales of ScimTek Hydrogen products capped at $30 million.
This is a key move by High Peak in advancing its environmental, social and governance (ESG) by purchasing a royalty in emerging green hydrogen technology.
Notably, the company s acquisition of the green hydrogen project royalty expands and diversifies the existing royalty portfolio whilst being consistent with its business strategy of acquiring royalties over quality energy projects. ....

Andrew Carroll , Scimtek Hydrogen , High Peak Royalties Ltd , Scimtek Hydrogen Ltd , High Peak Royalties , Peak Royalties Ltd , High Peak , Peak Royalties , ஆண்ட்ரூ கரோல் , உயர் உச்சம் ஆதாய உரிமைகள் லிமிடெட் , உயர் உச்சம் ஆதாய உரிமைகள் , உச்சம் ஆதாய உரிமைகள் லிமிடெட் , உயர் உச்சம் , உச்சம் ஆதாய உரிமைகள் ,