Pure Extraction announces name change to First Hydrogen Corp

Pure Extraction Corp. has changed its name to First Hydrogen Corp. to better reflect the business of the company.

Effective at the opening, Thursday October 7, 2021, the common shares of First Hydrogen Corp. will commence trading on the TSX Venture Exchange under the symbol FHYD, and the common shares of Pure Extraction Corp. will be delisted.

The company’s new CUSIP is 32057N104 and its ISIN is CA3205N1042.

The name change was previously approved by the board of directors and has received all requisite approvals from the TSX Venture Exchange. There is no consolidation of capital, and no action is required to be taken by the company’s shareholders in connection with the name change.

About First Hydrogen Corp

First Hydrogen is harnessing the ‘best of the best’ to capitalise on a once-in-a-century opportunity – a confluence of design, technology, emission regulations, clean energy and a wide-open market.

As a team of global leaders with world renowned experience, the company is on a journey to become the leading designer and manufacturer of zero-emission, long-range hydrogen powered utility vehicles in the UK, EU and North America.

First Hydrogen business model

Strategic partnerships provide full ownership of the design and technology process for a zero-emission, hydrogen powered utility vehicle. Industry leadership in driving KPI’s aligned to a leading fuel cell and hydrogen value chain are critical to commercial operators. First Hydrogen Corp is unique in understanding both.

Manufacturing strategy will capitalise on government grants for disadvantaged areas in the UK (N Ireland, NE England and Wales) and EU (Eastern Europe/Sicily). Initial discussions are underway with two manufacturers of utility vehicles and hydrogen buses.

Industry leadership in driving KPI’s aligned to a leading fuel cell and hydrogen value chain are critical to commercial operators. First Hydrogen Corp is unique in understanding both.

Decentralised assembly with mini factories around the world, resulting in an “all British van” or “all Canadian van”, for example.

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