Clean Ultra High Purity (UHP) hydrogen
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CHARBONE Announces a Non-Brokered Private Placement Closing of $3.1M
Thenewswire· 2026-01-12 15:45
Brossard, Quebec – TheNewswire - January 12, 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, is pleased to announce the closing of a non-brokered private placement (the “Equity Offering”) for gross proceeds of $3.1 million.“We are excited to start the year 2026 with a strong improvement to our balance sheet and support shown by long ...
CHARBONE Confirms the Official Start of Commercial Production of Clean UHP Hydrogen in Sorel-Tracy
Thenewswire· 2025-12-16 12:25
Core Insights - CHARBONE CORPORATION has successfully completed and commercially launched its modular site in Sorel-Tracy, marking a significant milestone for the company and the clean Ultra High Purity hydrogen industry in North America [1][2] Company Developments - The Sorel-Tracy project is now fully operational following the installation of Phase 1A equipment and successful testing [1] - The CEO of CHARBONE emphasized the importance of local production, stating that the facility will provide clean UHP hydrogen to industrial clients in a reliable and sustainable manner [2] - The company plans to expand its production capacity and create an interconnected network for the distribution of strategic gases across Canada and the United States [3] Strategic Vision - CHARBONE's modular approach aims to develop a network of clean hydrogen production facilities throughout North America, starting with the Sorel-Tracy project [4] - The company is committed to supporting the transition to a lower-carbon economy by providing decentralized clean hydrogen and specialty gas solutions [4]
CHARBONE Confirms its First Hydrogen Production in Sorel-Tracy
Thenewswire· 2025-12-01 12:25
Core Insights - CHARBONE CORPORATION has successfully completed the equipment installation for Phase 1A at its Sorel-Tracy site and has produced its first hydrogen molecule, marking a significant milestone for the company [1][2][3] Company Overview - CHARBONE is a North American producer and distributor specializing in clean Ultra High Purity (UHP) hydrogen and strategic industrial gases, with a focus on developing a network of clean hydrogen production facilities across North America [4] - The company aims to support the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions [4] Production Milestones - The first hydrogen production tests conducted by CHARBONE's technical teams confirmed that the system is functioning properly and validated the initial performance parameters [2][3] - The modular plant in Sorel-Tracy is the first local and decentralized clean UHP hydrogen production facility in Quebec, aligning with CHARBONE's vision for an integrated North American network [3] Strategic Vision - CHARBONE's integrated model reduces risk, enhances scalability, and enables diversified revenue streams through partnerships in helium and other specialty gases [4] - The company has a five-phase roadmap for its projects, with the Sorel-Tracy project being the flagship initiative [3]
Charbone Hydrogen Announces Q3 2025 Financial Results
Thenewswire· 2025-11-28 12:25
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].
CHARBONE Announces the Official Start of Civil Construction Work in Sorel-Tracy, in Line with the Announced Schedule
Thenewswire· 2025-10-28 11:25
Core Points - CHARBONE CORPORATION has officially commenced civil construction work for its first clean Ultra High Purity hydrogen production module in Quebec as of October 27, 2025 [1][2] - The construction phase includes preparation of technical infrastructure and installation of foundations for the main equipment, which was delivered earlier this month [2] - The CEO of CHARBONE expressed pride in the project's progress and emphasized the importance of local, decarbonized clean hydrogen production in Quebec, with commissioning expected in November [3] Company Overview - CHARBONE is an integrated company focused on clean Ultra High Purity hydrogen and strategic distribution of industrial gases in North America and Asia-Pacific [4] - The company employs a modular approach to build a distributed network of green hydrogen production plants while diversifying revenue through helium and specialty gas partnerships [4] - This business model aims to reduce risk, enhance flexibility, and position CHARBONE as a leader in the transition to a low-carbon future [4]
CHARBONE Announces the Reception of the Main Components at the Sorel-Tracy Site and the Launch of Civil Works
Thenewswire· 2025-10-22 11:25
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]
CHARBONE Announces Closing of Units for Debt Financing Totaling $0.5M
Thenewswire· 2025-10-17 11:25
Core Points - CHARBONE CORPORATION has successfully closed a debt settlement amounting to $503,125 with a strategic partner for the construction of its Sorel-Tracy plant [1][2] - The settlement was achieved through the issuance of 4,192,708 units, each priced at $0.12, which includes one common share and one common share purchase warrant [2] - The warrants allow the holder to purchase additional common shares at an exercise price of $0.14 for 12 months following the closing date [2] - The company aims to manage its cash prudently while advancing production for the Sorel-Tracy project [2] Company Overview - CHARBONE CORPORATION specializes in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific [3] - The company is building a distributed network of green hydrogen production plants and diversifying revenues through helium and specialty gas partnerships [3] - This modular approach is designed to reduce risk, enhance flexibility, and position CHARBONE as a leader in the transition to a low-carbon future [3]
CHARBONE Hydrogen Successfully Completes the Dismantling of Hydrogen Equipment in Quebec and Announces the Arrival of the Main Components in Sorel-Tracy
Thenewswire· 2025-10-09 11:25
Core Points - CHARBONE HYDROGEN CORPORATION has successfully completed the dismantling of hydrogen production assets in Quebec City, with main components now arriving in Sorel-Tracy, marking a significant milestone in the establishment of a clean Ultra High Purity hydrogen production network in North America [1][2] - The first clean UHP hydrogen production unit is scheduled to start up in November 2025, with the company emphasizing the importance of reusing proven assets to optimize investments [2][3] - The acquisition of hydrogen production and refueling assets, announced on September 5, 2025, is expected to accelerate time to market and significantly reduce capital costs for CHARBONE [3] Company Overview - CHARBONE is focused on building a modular clean UHP hydrogen production network in North America and Asia-Pacific, while diversifying revenue through helium and specialty gas partnerships [4] - The company's approach aims to reduce risk and enhance flexibility, positioning CHARBONE as a leader in the transition to a low-carbon future [4]
CHARBONE Hydrogen Secures Harnois Energies' Hydrogen Assets to Accelerate Clean Ultra High Purity Hydrogen Production at Sorel-Tracy
Thenewswire· 2025-10-07 11:25
Core Insights - CHARBONE HYDROGEN CORPORATION has acquired hydrogen production and refuelling assets from Harnois Énergies Inc, marking a significant step in establishing a clean Ultra High Purity hydrogen production network in North America [1][2] - The acquisition allows CHARBONE to repurpose existing hydrogen production equipment at its Sorel-Tracy facility, enabling the first production of clean UHP hydrogen by early Q4 2025, which is expected to reduce capital installation costs and accelerate time-to-market [2][3] - CHARBONE issued 13,333,334 common shares at $0.075 per share, totaling $1 million in equity consideration to Harnois, with additional cash payments planned over two years [3][4] Company Strategy - The strategic transaction aligns with CHARBONE's goal of becoming Quebec's leading clean UHP hydrogen supplier while allowing Harnois to focus on its core energy distribution business [4][5] - The company is building a distributed network of green hydrogen production plants and diversifying revenues through helium and specialty gas partnerships, which enhances flexibility and positions CHARBONE as a leader in the low-carbon transition [5]
CHARBONE Hydrogen Announces Closing of a Second and Final Tranche, Oversubscribing its $1M Non-Brokered Private Placement
Thenewswire· 2025-10-06 11:25
Core Insights - CHARBONE HYDROGEN CORPORATION successfully completed a $1M non-brokered private placement, raising a total of $1.013 million after the second tranche [1][2] - The funds will be used for re-installation of hydrogen equipment at the Sorel-Tracy site and infrastructure development to support long-term growth [2][5] - The second tranche involved issuing 9,183,334 Units at a price of $0.06 each, with each Unit consisting of one common share and one common share purchase warrant [3][5] Company Overview - CHARBONE is focused on building a clean Ultra High Purity (UHP) hydrogen production and distribution network in North America [1][4] - The company employs a modular approach to develop a distributed network of green hydrogen production plants while diversifying revenue through helium and specialty gas partnerships [4] - CHARBONE is listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Stock Exchange [4]