Core Points - CHAR Technologies Ltd. has successfully completed a C$2,000,000 non-brokered private placement with The BMI Group, as part of a strategic partnership [1][3] - The partnership aims to advance the Thorold Renewable Energy Facility and initiate engineering design work for the Bioveld North Espanola project [2] - The company issued 10,000,000 common shares at a price of CDN$0.20 per share, with proceeds intended for general working capital and ongoing development activities [3] Company Overview - CHAR Technologies utilizes first-in-kind high temperature pyrolysis (HTP) technology to process unmerchantable wood and organic waste, generating renewable natural gas (RNG) or green hydrogen, and solid biocarbon [6] - The HTP technology aligns with the global green energy transition by diverting waste from landfills and producing sustainable clean energy for heavy industry decarbonization [7]