Brossard, Quebec – TheNewswire - February 23, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, today announced that it will be presenting at the Emerging Growth Conference on February 25, 2026.CHARBONE will be presenting virtually for 30 minutes on Wednesday February 25, 2026 at 11:25am ET covering a full overview of the company, upc ...

Core Viewpoint - CHARBONE CORPORATION has initiated the sale of clean Ultra High Purity hydrogen in Ontario to support the film and entertainment production industry, marking a significant step in the commercialization of hydrogen for practical applications [1][2][5]. Group 1: Hydrogen Supply and Application - The company has begun supplying clean UHP hydrogen to fuel cell-powered generator systems for film production sets, providing a sustainable energy solution [2][3]. - This initiative aims to reduce emissions, noise, and logistical complexities associated with traditional diesel generators in the film production ecosystem [3][5]. - The hydrogen supply will be supported by CHARBONE's distribution capabilities, ensuring reliable service for production crews with strict scheduling needs [4]. Group 2: Strategic Direction - The sale into the film-related power segment reflects CHARBONE's strategy to expand hydrogen commercialization beyond traditional industrial uses into mobile and temporary power applications [5]. - The CEO emphasized that hydrogen is transitioning from a concept to an operational solution, showcasing its value in providing low-emission energy [6]. Group 3: Company Overview - CHARBONE is focused on developing a network of clean hydrogen production facilities across North America, starting with its flagship project in Sorel-Tracy, Quebec [7]. - The company's integrated model aims to reduce risk and enhance scalability while diversifying revenue streams through partnerships in specialty gases [7].

Core Viewpoint - CHARBONE CORPORATION has successfully closed a non-brokered private placement, raising gross proceeds of $3.1 million to enhance its clean Ultra High Purity hydrogen production capacity [1][2]. Private Placement Details - The company issued 23,614,286 Units at a price of $0.13125 per Unit, each consisting of one common share and one common share purchase warrant [2][6]. - The proceeds will primarily fund the purchase and installation of Phase 1B hydrogen equipment at the Sorel-Tracy site, increasing production capacity by 4.5 times to nearly 1 tonne per day [2][6]. - Each warrant allows the holder to purchase an additional common share at an exercise price of $0.18 for 24 months post-closing, with an acceleration clause if the share price exceeds $0.30 for 10 consecutive trading days [6]. Company Overview - CHARBONE is focused on developing a network of clean hydrogen production facilities across North America, starting with its flagship project in Sorel-Tracy, Quebec [4]. - The company aims to support the transition to a lower-carbon economy by providing decentralized clean hydrogen and specialty gas solutions [4]. - CHARBONE is listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Stock Exchange [4].

Core Insights - CHARBONE CORPORATION is focused on becoming a leader in clean Ultra High Purity hydrogen and industrial gases distribution in North America, with recent advancements in financial management and strategic partnerships [4][8]. Financial Performance - The net operating loss for Q3 2025 decreased by 17% to $577,159 from $697,894 in Q2 2025, attributed to tighter general and administrative expenses [6]. - Total income for the three-month period ending September 30, 2025, was $22,950, compared to $79,085 in the same period of 2024 [7]. - General and administrative expenses for Q3 2025 were $519,697, slightly up from $497,273 in Q3 2024 [7]. - The net loss for the three-month period was $719,240, compared to $609,263 in Q3 2024 [7]. Operational Developments - The construction of the Sorel-Tracy facility Phase 1A has been completed, with commissioning testing in progress and production of the first hydrogen molecule expected soon [2]. - CHARBONE has executed an offtake agreement with a US Tier One industrial gases producer and made its first delivery of helium in October 2025, marking the start of revenue generation from industrial gas distribution [6]. Strategic Initiatives - The company is actively structuring deals to finance further project investments and expansion, indicating a shift into execution mode to unlock growth potential [5]. - CHARBONE has completed the acquisition and reinstallation of operational hydrogen production and refueling equipment at its Sorel-Tracy site, enhancing its production capabilities [6].

Core Insights - CHARBONE CORPORATION has successfully received all major components of its production equipment at the Sorel-Tracy site, marking a significant milestone in its project to produce clean Ultra High Purity (UHP) hydrogen [1][2][4] - The mobilization of site teams is set to continue, with civil works officially launching on October 27, 2025, leading to the reinstallation and commissioning of equipment scheduled for November 2025 [2][5] - The CEO of CHARBONE expressed pride in the team's work, emphasizing the importance of this delivery for local clean hydrogen production and the company's modular project approach [4][5] Company Developments - The recent delivery of equipment is part of a strategic transaction announced on October 7, 2025, which allowed CHARBONE to secure hydrogen production assets, reducing capital costs and accelerating time to market [5] - CHARBONE is focused on building a distributed network of green hydrogen production plants while diversifying its revenue through helium and specialty gas partnerships, positioning itself as a leader in the low-carbon transition [6]