12J share offering through Grovest Venture Capital Company

Hydrox Holding’s Advanced Alkaline Electrolyser (AAE) development presents an opportunity for the company to become the first OEM of liquid alkaline electrolysers in Africa with the ability to provide “GREEN” electrolytic hydrogen solutions and fully utilise the rapidly growing hydrogen economy to unlock Africa’s renewable energy production potential.

The timeline below represents Hydrox Holding’s proposed current strategy to reach commercialisation with a market ready solution by 2023.

In order to raise funding for the development of the Advanced Alkaline Electrolyser (AAE), Hydrox Holdings has arranged a 12J share offering administered by Grovest Venture Capital Company and managed by RENCELL LTD. The development of the AAE will be done through a subsidiary company called HYDROX ENERGY (PTY) LTD and investors can share in the huge potential of hydrogen by subscribing for “E” Ordinary shares in RENCELL LTD as per the following prospectus.

Hydrox Holdings intends to play a leading role in the rapidly expanding Hydrogen market and investors stand to benefit by taking advantage of both the income tax relief as afforded by Section 12 J of the Income Tax Act as well as gaining preference to dividends from HYDROX ENERGY LTD. If you are interested in investing fill out the investor application form and send it through to investors@grovest.co.za.

Additionally Hydrox Holdings has made a media release with Mining Weekly which gives some information about our current activities. The article can be found here.