Real Energy Corporation Limited's 100%-owned hydrogen division Pure Hydrogen Corporation Pty Ltd. and Liberty Hydrogen have signed a binding term sheet to establish a Joint Venture Company to be incorporated in the United States of America, Pure Hydrogen International Inc, to develop four large scale Hydrogen Hubs on Australia's East Coat - two in Queensland, one in NSW and one in Victoria. Initially Pure Hydrogen will have a 60% stake in Pure Hydrogen International in return for contributing two potential projects in Queensland (Project Jupiter and Project Mars). Liberty Hydrogen are also contributing two project sites located at Newcastle region in NSW and South East Victoria. The JV approach delivers immediate scale as it ensures Pure Hydrogen International Inc. will have effective coverage of the Australian East Coast by establishing the four Hydrogen Hubs in quick succession. With the four hubs already earmarked, the JV will report on specific site details when site control is secured at each location.