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CHAR Technologies Announces $8 Million BMI Group Investment in Thorold Renewable Energy Facility and the Signing of the Strategic Partnership Definitive Agreements
Globenewswire· 2025-07-10 12:00
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce that CHAR Tech and The BMI Group (“BMI”), a leading industrial development company, have signed the formal agreements for the funding arrangement of CHAR Tech Thorold Renewable Energy Facility (“Funding Arrangement”). As part of the agreements, BMI has made an $8 million project-level equity investment directly into the CHAR Tech Thoro ...
CHAR Tech Announces Extension of Term Warrants, RSU and Options Grant
Globenewswire· 2025-06-20 12:00
TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES) a leader in sustainable energy solutions, announces that the Board of Directors has approved the amendment of up to 2,750,000 common share purchase warrants (the “Warrants”). The Warrants were part of the Unit Offering with ArcelorMittal XCARB S.à r.l. (“ArcelorMittal”), as previously announced July 5th, 2023, have an exercise price of $0.70, and will currently expire on July 5th, 2025. Starting on J ...
CHAR Tech and the BMI Group Forge Strategic Partnership to Accelerate Renewable Energy Projects and Announce $2M Private Placement
Globenewswire· 2025-05-02 12:00
TORONTO, May 02, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce CHAR Tech and The BMI Group, a leading industrial development company, intend to complete a non-brokered private placement for total gross proceeds of C$2,000,000 (the “Offering”) and that the two companies have signed a binding Letter of Intent (“LOI”) to establish the framework for a strategic partnership, including the acceleration o ...