CHARBONE Hydrogene annonce la cloture d'une deuxieme et derniere tranche de son placement prive sursouscrit sans intermediaire de 1 M$

Core Points - Charbone Hydrogen Corporation has successfully completed a private placement raising a total of 1.013 million dollars, exceeding its initial target of 1 million dollars [1][2] - The funds will be used for the installation of hydrogen equipment at the Sorel-Tracy site and for the development of infrastructure to support long-term growth strategies [2][5] - The second tranche of the private placement involved the issuance of 9,183,334 units at a price of 0.06 dollars per unit, each consisting of one common share and one common share purchase warrant [3][5] Company Overview - Charbone Hydrogen Corporation specializes in the production and distribution of Ultra High Purity (UHP) hydrogen and strategic industrial gas distribution in North America and the Asia-Pacific region [4][6] - The company is developing a modular network for green hydrogen production and partners with industry players to offer helium and other specialty gases without the need for costly new plants [4][6] Financial Details - The proceeds from the share issuance will primarily be allocated to purchasing hydrogen equipment, installation at the Sorel-Tracy site, infrastructure development, and general working capital needs [5] - Each unit offered in the placement includes a warrant that allows the holder to purchase an additional common share at an exercise price of 0.08 dollars for a period of 24 months following the closing date [5]