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].

Core Viewpoint - CHAR Technologies has successfully completed a $CDN 1 million non-brokered private placement with an institutional investor, indicating strong investor interest in its sustainable energy solutions [1][2]. Group 1: Offering Details - The company issued 4,550,000 units at a price of $CDN 0.22 per unit, resulting in gross proceeds of $1,001,000 [2]. - Each unit consists of one common share and one non-transferable common share purchase warrant, with the warrant exercisable at $CDN 0.32 for 24 months [2]. - The company will pay finder's fees totaling $CDN 60,060 related to the offering [3]. Group 2: Regulatory and Compliance Information - The offering is conducted under an exemption from the prospectus requirement, allowing for sales outside Canada without resale restrictions [4]. - The offering is not classified as a Related Party Transaction, thus not subject to specific TSX Venture Exchange policies [4]. Group 3: Use of Proceeds - Proceeds from the offering will be allocated for general working capital, advancing the company's project pipeline, and supporting capital advisory and investor relations services [6]. Group 4: Company Overview - CHAR Technologies utilizes high temperature pyrolysis technology to convert unmerchantable wood and organic waste into renewable natural gas or green hydrogen, along with a solid biocarbon product [7]. - The company's technology supports the global transition to green energy by diverting waste from landfills and generating sustainable energy for heavy industry decarbonization [8].

Core Viewpoint - CHAR Technologies is repricing its non-brokered private placement to raise approximately $CDN 1 million by offering up to 4,550,000 units at a price of $CDN 0.22 per unit, following a positive market response to a government grant of $CDN 2.25 million [2][3] Group 1: Offering Details - The offering consists of units that include one common share and one non-transferable common share purchase warrant, with each warrant exercisable at $CDN 0.32 for 24 months [4] - The offering is fully subscribed with institutional investor representation and is expected to close around December 22, 2025, subject to necessary approvals [3][4] - Proceeds from the offering will be allocated for general working capital, ongoing project development, and capital advisory and investor relations services [5] Group 2: Regulatory and Compliance Information - The units are being offered outside of Canada under an exemption from the prospectus requirement, meaning they will not be subject to resale restrictions [6] - The offering is not classified as a Related Party Transaction and is therefore not subject to specific TSX Venture Exchange policies [6] Group 3: Company Overview - CHAR Technologies utilizes high temperature pyrolysis technology to convert unmerchantable wood and organic waste into renewable energy, including renewable natural gas and green hydrogen, while producing a solid biocarbon for metallurgical applications [8] - The company's technology supports the global transition to green energy by diverting waste from landfills and generating sustainable energy [9]

Core Viewpoint - CHAR Technologies Ltd. has successfully closed the order book for a non-brokered private placement, raising a total of $1 million CAD through the issuance of 5,000,000 units at a price of $0.20 CAD per unit [1][2]. Group 1: Offering Details - The Offering has been fully subscribed with participation from institutional investors, and the closing is anticipated by the end of the week of December 16, 2025, subject to necessary approvals [2]. - Each unit consists of one common share and one non-transferable common share purchase warrant, with each warrant exercisable at $0.30 CAD for a period of 24 months from the closing date [3]. - The Company may pay a cash commission of up to 6% of the gross proceeds to certain eligible finders, in compliance with TSXV policies [3]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated for general working capital, ongoing project development, and capital advisory and investor relations services [4]. Group 3: Company Overview - CHAR Technologies Ltd. specializes in high temperature pyrolysis (HTP) technology, converting unmerchantable wood and organic waste into renewable energy sources, including renewable natural gas and green hydrogen, along with a solid biocarbon product [7]. - The HTP technology aligns with global green energy initiatives by diverting waste from landfills and generating sustainable energy to decarbonize heavy industry [8].

Core Insights - CHAR Technologies Ltd. has been invited to join the Canadian Iron & Steel Energy Research Association (CISERA) for the 2025–2026 term, marking it as the first biocarbon producer in the organization [1][2] - CISERA focuses on advancing net zero and decarbonized iron and steelmaking, with notable members including ArcelorMittal Dofasco GP and Stelco Inc. [2] - CHAR Tech will contribute its expertise in high-temperature pyrolysis and renewable biocarbon production to support the development of alternative reductants and renewable fuels for commercial steel operations [3][4] Company Involvement - The participation in CISERA aligns with the company's mission to accelerate industrial decarbonization through scalable solutions, enhancing collaboration with key players in the iron and steel sector [4] - Through this involvement, CHAR Tech aims to strengthen connections across the iron and steel value chain, promoting renewable biocarbon as a key element in sustainable production [4] About CISERA - CISERA is a not-for-profit organization established in 1965, supporting research and development for Canada's steel and metallurgical coal producers, with a goal of achieving net-zero emissions in steel production by 2050 [5] - The majority of CISERA-sponsored research is conducted at the Metallurgical Fuels Laboratory, which is equipped for advanced modeling and pilot-scale investigations [6] About CHAR Technologies - CHAR Technologies utilizes high-temperature pyrolysis technology to process unmerchantable wood and organic waste, generating renewable natural gas or green hydrogen and a solid biocarbon that serves as a carbon-neutral alternative to metallurgical coal [6][7] - The company's technology aligns with the global green energy transition by diverting waste from landfills and producing sustainable clean energy for heavy industry decarbonization [7]

Core Insights - CHAR Technologies Ltd. is progressing on schedule with the construction of its Thorold Renewable Energy Facility, aiming to complete the commercial biocarbon production line by year-end 2025, which will enable the company to advance towards renewable natural gas (RNG) production in 2026 [1][3] Construction Progress - Major components of the feedstock handling system are now in place, with the final installation of outdoor conveyors scheduled for October 2025, allowing continuous movement of wood waste biomass through the Facility [2] - Following the completion of the feedstock handling system, the first of two commercial High Temperature Pyrolysis (HTP) kilns will be transported for installation, completing the biocarbon production phase [2] Company Technology and Strategy - CHAR Technologies utilizes first-in-kind high temperature pyrolysis (HTP) technology to process unmerchantable wood and organic wastes, generating renewable energy revenue streams including RNG or green hydrogen and solid biocarbon [3] - The HTP technology aligns with the global green energy transition by diverting waste from landfills and generating sustainable clean energy to decarbonize heavy industry [4]

Core Viewpoint - CHAR Technologies Ltd. has secured an $8 million equity investment from The BMI Group for the Thorold Renewable Energy Facility, establishing a 50/50 ownership structure between the two companies [1][3]. Funding Arrangement - The funding arrangement includes definitive transaction agreements such as a limited partnership agreement and contribution agreements, with CHAR Tech contributing construction progress, technology licenses, and engineering services [2]. - BMI's $8 million investment will be disbursed in monthly tranches to ensure positive cash flow for the Thorold Project, with all contributions expected to be completed by December 31, 2025 [3]. Project Phases - Phase 1 of the Thorold Project aims to enable commercial biocarbon production, with funding commitments now in place, targeting operational readiness by Q4 2025 [3]. - Phase 2 will focus on Renewable Natural Gas (RNG) production, leveraging Phase 1 equity to pursue non-recourse debt financing, with a goal to secure a debt package by Q4 2025 and target commissioning by Q3 2026 [7]. Strategic Partnerships and Investments - BMI has attracted over $200 million in direct investment to its Niagara projects, which have collectively drawn over $2 billion in additional investment since 2023 [4]. - Previous investments in CHAR Tech include a $12.8 million combined funding from Canadian and Ontario governments in 2022 and a $6.6 million strategic equity investment from ArcelorMittal's XCarb Innovation Fund in 2023 [6]. Leadership Insights - CHAR Tech's CEO expressed excitement about the project timeline and the potential for further renewable energy developments, while BMI's CEO highlighted the biomass-to-energy value chain as a high-growth opportunity in Canada [9].