Clean Hydrogen Technologies Corporation announced that it will raise $1,000,000 in a round of funding on May 27, 2022. The transaction will include participation from new investors BPH Energy Limited, and Advent Energy Ltd in the company. BPH Energy Limited will invest $800,000 for 8% stake and Advent Energy Ltd will invest $200,000 for 2% stake.

The company will issue fully paid shares in the transaction. The transaction is subject to the shareholders of BPH Energy Limited approving the Proposed Transaction pursuant to Listing Rule 11.1.2 at a shareholder meeting set on 21 June 2022, completion of satisfactory due diligence by the Purchaser of the Vendors business and operations to the absolute satisfaction of the Purchaser; execution of key staff employment agreements; and the receipt and acceptance of tax and structuring advice by the Vendor to its reasonable satisfaction. Anthony Huston of BPH Energy Limited, and Advent Energy Ltd will join the company's board as part of the transaction.

The investors will acquire 10% stake in the transaction.