Core Viewpoint - CHAR Technologies Ltd. is advancing its Thorold Renewable Energy Facility towards commercial production of biocarbon, with significant equipment deliveries and ongoing construction activities [2][3]. Group 1: Facility Update - The Thorold Facility has received key equipment packages, including the kiln's thermal management system, biochar cooling conveyors, dust collection system, and a specialty air-lock conveyor [2]. - Installation and integration of the new equipment are currently underway, supporting the construction progress towards Phase 1 of biocarbon production [2][3]. Group 2: Market Awareness Initiatives - CHAR Technologies has engaged Apaton Finance GmbH to enhance market awareness through multi-platform content and video production, targeting German-speaking investors [4]. - The initial engagement with Apaton is for 10 weeks at a cost of EUR 46,000, with no current securities held by Apaton in the Company [4]. Group 3: Company Overview - CHAR Technologies utilizes first-in-kind high temperature pyrolysis (HTP) technology to convert unmerchantable wood and organic waste into renewable natural gas (RNG) or green hydrogen, along with solid biocarbon [5]. - The HTP technology aligns with global green energy transitions by diverting waste from landfills and generating sustainable clean energy for heavy industry decarbonization [6].
CHAR Tech Provides Thorold Update and Announces Engagement of European Focused Investor Relations
Globenewswire·2025-12-24 13:00