Provaris Energy Ltd is continuing its efforts to advance the prototype hydrogen tank program at the Fiskå Facility in Norway. The company has submitted an offer to acquire the production cell assets, including essential materials and equipment necessary for completing the prototype tank construction. This move aims to provide Provaris with full control over the production equipment, protecting its investments and ensuring the future of the program. The decision to acquire these assets also opens up potential opportunities for additional tank production at the facility. Following the bankruptcy of Prodtex Industri AS, the company contracted to work on the prototype tank, Provaris aims to safeguard its investment in the program. The company's CEO, Martin Carolan, emphasized the importance of securing the production cell assets to advance the program and explore future production opportunities. Provaris Energy is optimistic about the growing regional interest in hydrogen storage and transport, positioning itself to benefit from market trends. Furthermore, the company plans to update shareholders on the progress of the purchase process and restart timetable, demonstrating its commitment to creating value from its investments. Provaris Energy, an Australian company, is focused on developing green hydrogen projects for regional trade in Asia and Europe, with a particular emphasis on compressed hydrogen bulk storage and carriers for maritime hydrogen trade. Provaris Norway AS, established in 2022, plays a key role in advancing hydrogen supply development in Europe.