HyTerra is a first-mover natural hydrogen explorer backed by Fortescue, with production testing at its flagship Nemaha Project kicking off the week of 13 July 2026, a potentially pivotal value inflection point for the Company. As the only active test within the U.S. Air Force's Geologic Hydrogen Energy Resilience Initiative, McCoy-1 represents a unique opportunity to validate the commercial potential of natural hydrogen at scale.
Hyterra Limited (ASX:HYT)
HYT
Lead Manager
Contact - Jake Grbavac
0474 484 982
jake@liquidity.com.au
Offer Price
A$0.0140
per share
Offer Size
A$2,937,496
Offer Details
Issue Price (Per Share)
A$0.0140
Discount
26.32%
Offer Size
A$2,937,496
Shares Available
209,821,142
Single-Tranche Private Placement Offer utilising the company’s existing capacity to place the shortfall following a recently completed Retail Entitlements Offer (May 2026), to raise up to $2,937,496 at $0.014 per share.
Discount
~26% discount to last traded price.
Documents & Downloads
Company Overview
HyTerra Limited is one of the most advanced natural hydrogen and helium explorers globally, holding a 100%-owned, operator-controlled land position across the highly prospective Nemaha Ridge and Midcontinent Rift fairways in Kansas, USA. The first ASX-listed company established with a dedicated focus on geologic hydrogen, HyTerra has built one of the world's most comprehensive natural hydrogen datasets through integrated gravity, magnetic, seismic, geochemical and drilling programs, culminating in the McCoy-1 well, which has demonstrated flowing hydrogen and helium gas shows from two prospective production intervals, including helium concentrations of up to 5%. Backed by Fortescue as a ~42% strategic shareholder and supported by a world-class technical team with deep oil and gas expertise, the Company is now transitioning from exploration into commercial validation.
Beyond the flagship Nemaha Project, more than 80% of HyTerra's acreage overlies the Midcontinent Rift, a large-scale geological feature believed capable of generating hydrogen through natural serpentinisation, offering substantial blue-sky exploration upside. HyTerra has also recently signed an MoU with Omani E&P operator ARA to evaluate geologic hydrogen opportunities across the Semail Ophiolite, one of the world's largest exposed mantle sequences, underpinning a clear pathway for international growth.
Near Term Catalysts
- Commencement of McCoy-1 production testing — week of 13 July 2026
- Flow rate and gas composition results
- Reservoir performance and commercial assessment outcomes
- U.S. Air Force Initiative — McCoy-1 expected to be the only active production test, providing real-world hydrogen validation data to a major government stakeholder
- Rift Play target selection and permitting activities
- Potential 2026 Rift Play drilling campaign
- Continued Midcontinent Rift hydrogen generation research with the University of Colorado Boulder
Use of Funds
The funds raised will be focused towards:
- 2026 drilling campaign
- Growth initiatives
- General corporate expenses and working capital
Disclaimer
This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Hyterra Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.
Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in Hyterra Limited.
