HyOrc Restructures Portugal Joint Venture Following €6.7 Million STEP Grant Approval

HOUSTON, Sept. 02, 2026 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCQB: HYOR), an integrated clean energy infrastructure and technology company, today announced the completion of a revised joint venture structure with its Portuguese partner, MO.RE.DA. Oils, Lda., significantly reducing HyOrc's capital requirements for the expansion of its green methanol operations in Portugal. Under the revised structure, HyOrc's funding obligation is limited to the initial commercial module, designed to produce a