Next Hydrogen provides update on working capital debt financing

MISSISSAUGA, Ontario, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (“Next Hydrogen“) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to announce that it has received a Letter of Interest (“LOI”) from Export Development Canada (“EDC”), for potentially up to $5M in working capital debt financing. EDC’s potential financing commitment, structure and terms are contingent upon its satisfactory completion of technical, environmental, social and governance (ESG), financial and commercial due diligence. As such, the LOI should not be construed as a financing commitment.

Read more at globenewswire.com