Ultra High Purity (UHP) hydrogen
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CHARBONE Completes Its First Helium Delivery to the Greater Toronto Area and Signs Three-Year Supply Agreement with Independent Distributor
Thenewswire· 2025-10-23 11:25
Brossard, Quebec – TheNewswire - October 23, 2025 – 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, announces generation of revenues with the first delivery of 161,000 cubic feet of helium to an independent distributor in the Greater Toronto Area (GTA). This milestone marks the launch of CHARBONE’s Helium Division and its integration into ...
CHARBONE Announces a Strategic Alliance with a Leading U.S. Industrial Gas Producer
Thenewswire· 2025-10-20 11:25
Core Insights - CHARBONE CORPORATION has formed a strategic alliance and multiple commercial supply agreements with a major U.S. industrial gas producer, enhancing its position in the North American market for low-carbon and ultra-high-purity gases [1][2][3] Company Developments - The alliance allows CHARBONE to expand its product offerings by adding high-value gases, particularly helium, which will strengthen its operational flexibility and logistics [2][3] - This partnership is a significant milestone in CHARBONE's long-term growth strategy, aimed at diversifying revenue streams and consolidating its presence in the Canadian market [3][5] - The collaboration is expected to meet the increasing demand from various industrial sectors, including gas distributors, semiconductor, data-center, energy, petrochemical, and refining industries [3] Market Outlook - The global industrial gas market is projected to grow by USD 31.1 billion from 2024 to 2029, with an average annual growth rate of 5.7% [4] - This growth presents opportunities for CHARBONE to enhance its market share and contribute to the resilience of North America's specialty gas supply chain [3][5] Strategic Positioning - CHARBONE's approach involves building a distributed network of green hydrogen production plants while diversifying revenues through helium and specialty gas partnerships [6] - The company aims to minimize risk and maximize opportunities by collaborating with world-class partners, reinforcing its leadership in hydrogen and expanding into new markets [5][6]
Charbone Hydrogen Issued $2M Convertible Replacement Debentures
Thenewswire· 2025-10-01 11:25
Brossard, Quebec, October 1, 2025 - TheNewswire – CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), a company dedicated to green hydrogen production and distribution, following its news release dated September 18, 2025, which announced the signing of Replacement Debentures amounting to $2,050,000 (the "Replacement Debentures") by amending specific terms of the Company’s secured convertible debentures (each, a "Debenture") originally issued in connection with a ...
CHARBONE Hydrogen Announces $2M Convertible Debentures Replacement
Thenewswire· 2025-09-18 23:05
Core Viewpoint - CHARBONE Hydrogen Corporation has signed Replacement Debentures amounting to $2,050,000, amending terms of existing secured convertible debentures to enhance financial flexibility and support operational growth [1][4]. Group 1: Replacement Debenture Details - The new Replacement Debenture will be subject to approval from the TSX Venture Exchange [3]. - The maturity date for the debentures has been extended from September 30 and October 31, 2025, to September 30, 2026 [7]. - The convertible balance has increased from $1.7 million to $2.1 million, maintaining the same annual interest rate of 12%, payable monthly [7]. - The conversion price of the debentures has been adjusted from $0.10 per share to $0.07 per share [7]. Group 2: Company Overview - CHARBONE is focused on green hydrogen production and distribution, specializing in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region [5]. - The company is developing a modular network for green hydrogen production and partnering with industry players to supply helium and other specialty gases, aiming to diversify revenue streams and reduce risks [5].
CORRECTED: CHARBONE Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing
Thenewswire· 2025-09-05 17:40
Core Viewpoint - CHARBONE Hydrogen Corporation has signed an Asset Purchase Agreement to acquire operational hydrogen production and refuelling equipment in Quebec, which will expedite the commissioning of its Sorel-Tracy facility and enable the company to produce and deliver its first industrial high purity hydrogen sales in the upcoming quarter [1][8]. Group 1: Acquisition and Financial Position - The acquisition involves dismantling, repurposing, and relocating existing equipment to Sorel-Tracy, which will reduce installation costs and allow for production by early Q4 2025 [2][4]. - CHARBONE has secured a non-dilutive USD 50 million construction capital facility, enhancing its capital position and ability to scale its development plan [2]. - The company has completed a $1 million non-brokered private placement, with $0.5 million already secured to accelerate the completion of its flagship facility [3][5]. Group 2: Operational Progress and Strategy - The grid connection and water connection necessary for hydrogen production have been completed, indicating significant operational progress [4]. - The acquisition is structured to preserve cash flow, with part of the purchase price paid in CHARBONE stock and the remainder in cash over two years [4][7]. - This strategic move positions CHARBONE to deliver green and high purity hydrogen to industrial customers more quickly, leveraging proven operating equipment [7][8]. Group 3: Market Position and Future Outlook - The acquisition marks a turning point for CHARBONE, allowing the company to generate its first hydrogen revenues and capture early-mover advantages in the North American green hydrogen market [8]. - CHARBONE is focused on developing a modular network for green hydrogen production while partnering with industry players to diversify revenue streams and reduce risks [9].
Charbone Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing
Thenewswire· 2025-09-04 18:15
Core Viewpoint - CHARBONE Hydrogen Corporation has signed an Asset Purchase Agreement to acquire operational hydrogen production and refuelling equipment in Quebec, which will accelerate the commissioning of its Sorel-Tracy facility and enable the company to produce and deliver its first industrial high purity hydrogen sales in the upcoming quarter [1][8]. Group 1: Acquisition and Financial Position - The acquisition involves dismantling, repurposing, and relocating existing equipment to the Sorel-Tracy facility, which is expected to reduce installation costs and enable production by early Q4 2025 [2][4]. - CHARBONE has secured a non-dilutive USD 50 million construction capital facility to support broader project financing, indicating a strengthened capital position [2]. - The company has completed a $1 million non-brokered private placement, securing $0.5 million to accelerate the completion of its flagship green hydrogen production facility [3][5]. Group 2: Operational Progress and Strategy - The grid connection and water connection necessary for hydrogen production have been completed, with Hydro-Québec installing the energy meter and the Town of Sorel-Tracy connecting to its main water system [4]. - The acquisition of the equipment was structured to preserve cash, with part of the purchase price paid in CHARBONE stock and the remainder in cash over two years [4][7]. - This acquisition positions CHARBONE to deliver green and high purity hydrogen to industrial customers more quickly, leveraging proven operating equipment [7][8]. Group 3: Market Position and Future Outlook - The acquisition marks a turning point for CHARBONE, allowing the company to deliver its first hydrogen revenues and capture early-mover advantages in the North American green hydrogen market [8]. - CHARBONE is developing a modular network of green hydrogen production while partnering with industry players to supply specialty gases, which diversifies revenue streams and reduces risks [9].
CHARBONE Hydrogen Provides Update on Flagship Sorel-Tracy Project, Achieving Multiple Key Milestones This Week
Thenewswire· 2025-08-14 11:25
Core Insights - CHARBONE Hydrogen Corporation has made significant progress in the construction of its Sorel-Tracy project, which is focused on ultra-pure green hydrogen production and distribution [2][3][4] - The company has completed key infrastructure connections, including electrical interconnection and water supply, which are essential for the hydrogen production process [2][3] - Environmental stewardship efforts have been undertaken to protect a rare plant species found on-site, demonstrating the company's commitment to sustainable practices [5] Construction Progress - The electrical interconnection at the Sorel-Tracy site has been completed, allowing energy to flow from the Hydro-Quebec grid to the production area [2] - Water supply infrastructure has been installed, linking the site to a 14-inch main water line, ensuring sufficient water capacity for all project phases [3] - Heavy civil construction equipment has arrived, and construction teams have begun site preparation for production equipment installation [4] Environmental Initiatives - The Quebec Ministry of the Environment identified a rare plant species on the property, and CHARBONE has successfully relocated and protected it, ensuring its habitat is preserved [5] Financial Updates - CHARBONE has closed shares for debt settlements amounting to $118,095, issuing 1,968,254 shares at a conversion price of $0.06 to manage cash prudently [6] - The company is also closing US$1.5 million (CA$2.1 million) in convertible notes, which will result in the issuance of 2,109,900 warrants to the placement agent [7][8]
Charbone Hydrogen Announces Updates on Units for Debts
Thenewswire· 2025-07-18 11:25
Core Insights - Charbone Hydrogen Corporation is North America's only publicly traded pure-play company focused on green hydrogen production and distribution [1][3] - The company has revised the total amount and number of units to be issued for debt settlements following discussions with the TSX Venture Exchange [1][2] Financial Summary - Charbone has settled a total of $1,273,702 with certain arm's-length suppliers, payable through the issuance of units [2] - A total of 16,982,689 units will be issued at a conversion price of $0.075 per unit [2] Company Overview - Charbone specializes in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region [3] - The company is developing a modular network for green hydrogen production and partners with industry players to supply helium and other specialty gases [3] - Charbone is publicly listed on the TSX Venture Exchange (TSXV: CH), OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47) [3]