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UKOG raises funds at 42% discount to built hydrogen storage facility in Devon - Hydrogen Central

Summary by Hydrogen Central

UKOG raises funds at 42% discount to built hydrogen storage facility in Devon UK Oil & Gas PLC (AIM:UKOG) has raised £400,431 through a discounted fundraising to develop its hydrogen storage project in Dorset and to try and win a place in the government’s Hydrogen Storage Business Model (HSBM) procurement round later this year. If developed, the site at the deepwater Portland Port would be one of only three similar hydrogen hubs in the UK, the c…

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Hydrogen Central

UKOG raises funds at 42% discount to built hydrogen storage facility in Devon - Hydrogen Central

1 day ago

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UK Investor Magazine

UK Oil & Gas tumbles after heavily discounted placing to fund hydrogen project

UK Oil & Gas shares sank on Friday after raising £400,431 through a heavily private placing to advance its South Dorset hydrogen storage project. The placing, conducted with a select group of professional investors at 0.0102p per share, will provide essential funding for the project’s development and its participation in the government’s upcoming Hydrogen Storage […] The post UK Oil & Gas tumbles after heavily discounted placing to fund hydrogen…

2 days ago

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