Pure Hydrogen Corporation Limited (ASX:PH2) Receives $8.1M Legal Claim
Claim Details
Pure Hydrogen Corporation Limited has been served with a claim by Pure Haul Pty Limited, alleging repudiation of a contract and seeking $8.1 million in damages. The contract, made in CY2024, involved Pure Haul transporting volumes of hydrogen to support Pure Hydrogen’s customers.
Company Response
The company considers the claim to be without merit and ambit in nature. Pure Hydrogen intends to vigorously defend the matter and is considering a counter claim. If the case proceeds to court, it is not expected to be heard for at least 12 months. The company is confident in its position and disclosed the matter in the interests of good corporate governance.
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