CHAR Tech Provides Year-End Update and Lists on the Frankfurt Stock Exchange

Core Insights - CHAR Technologies Ltd. is advancing its sustainable energy solutions and has made significant progress in its development portfolio as it enters 2026 [1] Group 1: Corporate Developments - The company listed on the Frankfurt Stock Exchange under ticker symbol 68K, enhancing access to European investors and improving trading visibility [2] - CHAR Tech completed a $2 million equity investment from The BMI Group and received approximately $8 million for the Thorold project [6] Group 2: Project Updates - The Thorold Renewable Energy Facility is nearing commissioning in January 2026, with Phase 1 construction focused on biocarbon production, targeting 5,000 tonnes per year [3][7] - The PFAS destruction demonstration project in Baltimore has completed its operational program, with data analysis underway to validate CHAR Tech's High Temperature Pyrolysis technology [4][7] - Development of the Lake Nipigon project is ongoing, with construction targeted for 2026, contingent on completing necessary development activities and securing financing [5][7] Group 3: Strategic Initiatives - The company is expanding its partnership with The BMI Group to include feasibility work for the Espanola clean-energy initiative, assessing site infrastructure and project concepts [6][8] - The CEO emphasized the transition to commercial operations and the importance of partnerships in driving tangible projects forward [9]