Iron Road (ASX:IRD) has agreed with Revera Energy to extend the deadline for the first of three land purchase options in South Australia, where Revera plans to develop a green hydrogen project, according to a Monday filing with the Australian bourse.
The sunset date for the first option, covering a 24-hectare gulf-front parcel and exercisable for AU$1 million, has been extended to Dec. 31, from its previous deadline of Aug. 29, the filing said.
Two remaining land options, for AU$4.3 million and AU$6.8 million, retain a March 31, 2026, deadline and a June 30, 2027 deadline, respectively, the filing added.