Pure Hydrogen Corporation Limited V.SXE

RE:RE:Strategic Move at SXE

[GenHandgrenade]

Ron is a geophysicist and previously was Executive/Managing director of start up ASX listed resource companies Arrow Energy and Bow Energy which were sold for a combined $5 billion in 2010 and 2011 respectively. He has agreed to not take a salary or cash fee for his new executive role but instead, subject to shareholder approval at the next AGM, he (or a nominee) will receive up to 6.0 million CDI shares in Strata-X upon the Company achieving four material milestones (each to earn 1.5 million CDI shares), thereby directly aligning 100% of his renumeration with the success of the Company. The material milestones include achieving commercial gas flows, reserves for a foundation CSG project, gas sales contract and initial gas sales which are important milestones required to commericalise the 100% owned Strata-X Botswana CSG project. Read more at https://stockhouse.com/news/press-releases/2019/04/30/strata-x-chairman-takes-executive-role#vGUGD0UMw26iX3rm.99