NEWS ARCHIVE

Eden financing targets listing

Tasman Resources subsidiary Eden Energy is finalising a seed capital raising to be used in listin...

The company has engaged the services of a leading industry consultant who will go to Wales to undertake a review of the coal bed methane, coal mine methane and natural gas prospects and prepare a report on these assets for inclusion in a prospectus for Eden.

Eden has secured a significant stake in UK-based Brehon Energy plc which utilises technology designed for the production and use of hythane and the cryogenic storage of hydrogen.

Brehon owns or has rights to a range of leading edge hydrogen and hythane technologies and patents. The technologies and patents address several of the major issues facing the transition to the Hydrogen economy.

Brehon is currently in negotiations with a consortium of companies and governmental agencies from UK, France, Italy and Sweden to secure European Union funding for a Hythane Highway across UK, France and Italy as part of hydrogen based economy initiative.

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