Saturday, July 5, 2025

Latest

AmmPower Acquires Hydrogen One In All-Stock Transaction

AmmPower Corp (CSE: AMMP) this morning announced that it has entered into an arrangement to acquire Hydrogen One Technologies. The definitive agreement entered into by the two parties outlines an all-stock transaction.

Hydrogen One is currently in the process of developing tech that converts green ammonia to that of green hydrogen. The firm is doing so via ammonia cracking units, which provide usable hydrogen on site via a modular device. Each device is to be designed to scale, with the tech focused on reducing contaminates and high costs traditionally associated with ammonia cracking units.

The hydrogen market itself is slated to reach US$200 billion by 2030 based on current projections. Strong growth is anticipated to come from industrial transportation, passenger vehicles, energy, and other uses.

“Through this acquisition, AmmPower will be flexible in its business model as we will be able to provide customers with ammonia or hydrogen on demand. The hydrogen market is growing, and we can now target both markets with our products, which are flexible and scalable. Once both technologies are integrated, we will have a key competitive advantage over our peers.”

Gary Benninger, AmmPower CEO

Under the terms of the definitive agreement the company is to acquire Hydrogen One for a total of 7.0 million common shares. A timeline for closing was not provided.

AmmPower Corp last traded at $1.76 on the CSE.


FULL DISCLOSURE: AmmPower Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover AmmPower Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Torex Gold Acquires Reyna Silver For CASH!

Dundee Acquires Adriatic Metals: The Balkan Growth Strategy

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

California Secures First Federal Funding for Groundbreaking Hydrogen Hub

California is set to become the first state to receive federal funding for a pioneering...

Tuesday, July 23, 2024, 12:41:00 PM

AmmPower Signs MOU With New Deep Water Industrial Port In Brazil For Ammonia Production

AmmPower Corp (CSE: AMMP) is going to Brazil. The company this morning announced a memorandum...

Monday, July 26, 2021, 11:38:53 AM

AmmPower Begins Development Of 4 Tpd Green Ammonia Production Unit

Go big or go home. AmmPower Corp (CSE: AMMP) appears to be taking the cliche...

Wednesday, February 9, 2022, 08:31:18 AM

AmmPower Produces First Ammonia From Demonstration Unit

AmmPower Corp (CSE: AMMP) has produced its first ammonia. The company this morning revealed that...

Wednesday, May 18, 2022, 08:57:21 AM

Xebec Enters Hydrogen Fuel Supply Agreement In Netherlands

Xebec Adsorption (TSX: XBC) this morning issued a brief news release, indicating that it has...

Wednesday, May 26, 2021, 07:27:47 AM