Quarterly June 2024 Operations Report

BPH Energy Limited (ASX: BPH) and Advent Energy have invested in Clean Hydrogen Technologies Corporation. BPH owns 15.6%, and Advent owns 3.9%. The companies invested a total of AU$1.95 million in cash for shares. BPH seeks shareholder approval for debt forgiveness owed by Advent. ASX applies Listing Rule 10.1.5 to debt forgiveness due to a lack of prior consultation.

Clean Hydrogen issued share options to BPH and Advent—clean Hydrogen plans to use the investment for hydrogen production and patents. BPH announced an AU$1 million Placement for oil and gas investments. Advent Energy is making progress in offshore gas exploration projects. Cortical Dynamics focuses on developing EEG brain function monitors. Advent renewed Retention Licence RL1 in Northern Territory. There were no significant activities in Cortical Dynamics during the quarter regarding payments to related parties.

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