HydrogenPro ASA (OSE: HYPRO) - Revised priorities in HydrogenPro ASA
HydrogenPro and Tarjei Johansen have today agreed to end their collaboration with immediate effect due to revised priorities in the Company’s strategy. The plan for building capacity in the US stays firm, but with the current market sentiment raising funding in the market is an unattractive proposition from a shareholder value perspective and the Company is actively working on alternative ways to finance the expansion. To facilitate the new strategic direction, Tarjei Johansen will step down as CEO and Jarle Dragvik will serve as a CEO of HydrogenPro ASA. Mr. Dragvik is the current CEO