(TheNewswire)
Brossard, Quebec TheNewswire – September 5, 2025 Charbone Hydrogen Company (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the “Firm” or “CHARBONE “), an organization targeted on inexperienced hydrogen manufacturing and distribution, is happy to announce it has signed, on September 4, 2025, an Asset Buy Settlement to accumulate operational hydrogen manufacturing and refuelling gear in Quebec. The strategic acquisition will allow CHARBONE to fast-track the commissioning of CHARBONE’s flagship Sorel-Tracy facility part 1 and empower CHARBONE to provide and ship first industrial excessive purity hydrogen (UHP) gross sales within the upcoming quarter.
The gear, at the moment in use will likely be dismantled, repurposed and relocated to Sorel-Tracy .
This transaction follows CHARBONE’s signing of a non-dilutive USD 50 million development capital facility introduced on Might 1 and June 4, 2025. Whereas this facility is earmarked for broader undertaking financing slightly than this gear buy, it demonstrates CHARBONE’s strengthened capital place and talent to scale up its total improvement plan.
Key Investor Highlights
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Accelerated Timeline : Repurposing confirmed working gear reduces set up prices of latest gear — enabling manufacturing by early This autumn 2025
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Choice Course of : CHARBONE has been chosen as the customer of the gear as the vendor has accepted $1M in CHARBONE inventory as a part of a portion of the acquisition value at a problem value equal to the market value of CHARBONE’s shares on the TSX Enterprise Trade on the efficient date plus a money stability payable in 3 tranches cost , with one-third cost on the efficient date and the remaining paid over two years — preserving money for progress.
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Operational Progress : Grid connection is accomplished; Hydro-Québec put in the power meter on July 22, and accomplished the interconnection on August 13, whereas the City of Sorel-Tracy accomplished the water connection to its fundamental system, offering the positioning with the 2 parts wanted for hydrogen manufacturing.
Non-public Placement Particulars
Moreover, CHARBONE is happy to announce the sequential closings of its $1M non-brokered non-public placement (the “Fairness Providing”). The Firm has already secured $0.5 million to speed up the completion of its flagship inexperienced hydrogen manufacturing facility in Sorel-Tracy, Quebec.
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The preliminary tranche concerned the issuance of seven,699,666 items. A second tranche for the remaining $0.5M is predicted to shut by October 15, 2025.
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The proceeds from the Fairness Providing will likely be primarily allotted to the Firm’s buy of the working hydrogen gear, re-installation on the Sorel-Tracy web site, and infrastructure improvement, and basic working capital necessities.
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Every of the items supplied (every a Unit “), priced at $0.06 per Unit, included one widespread share of the Firm (every, a ” Unit Share “) and one widespread share buy warrant (every, a ” Warrant “). Every Warrant offers the holder the proper to purchase one further widespread share of the Firm at an train value of $ 0.08 for twenty-four months after the cut-off date of the Providing (the Closing Date “). On the Closing Date, the Firm paid a finder’s charge of $17,222 and issued 287,040 finder’s warrants to registered sellers associated to the sale of sure Items to certified subscribers launched by such sellers. The Items have been supplied beneath the “accredited investor” exemptions of Nationwide Instrument 45-106 – Prospectus Exemptions (in Québec, Regulation 45-106 – Prospectus Exemptions ). Nonetheless, the Firm reserves the proper to say no subscription quantities under $5,000 (83,333 Items) to keep away from extreme administrative prices.
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The closing of the Fairness Providing stays topic to the approval of the TSX Enterprise Trade and different customary closing circumstances. The Firm might shut a second tranche within the coming days, however no later than October 15, 2025. All securities issued beneath the Providing are topic to a statutory four-month and one-day maintain interval in Canada following the Closing Date
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This information launch doesn’t represent a suggestion to promote or a solicitation of a suggestion to purchase, nor shall there be any sale of securities in any jurisdiction the place such supply, solicitation, or sale can be illegal, together with in the US. The securities haven’t been and won’t be registered beneath the US Securities Act of 1933, as amended (the 1933 Act “) or any relevant state securities legal guidelines and might not be supplied or offered inside the US or to, or for the account or good thing about, U.S. Individuals (as outlined in Regulation S beneath the 1933 Act) until registered beneath the 1933 Act and related state legal guidelines, or if an exemption from registration is accessible
CEO Remark
“Traders have waited for Sorel-Tracy to maneuver from improvement to income,” stated Dave Gagnon, President and CEO of CHARBONE. “By repurposing confirmed gear — at a decrease price of a brand new construct — and structuring the deal to protect money, we’re getting into execution mode with robust capital backing and minimal dilution. He continues; This acquisition positions us to ship inexperienced and excessive purity hydrogen (UHP) to our industrial prospects faster, and with best-in-class working gear. ”
Why This Issues
This acquisition alerts a turning level for CHARBONE: after years of improvement, the corporate is positioned to ship its first hydrogen revenues, leverage non-dilutive capital to scale, and seize early-mover benefits within the North American inexperienced hydrogen market.
About Charbone Hydrogen CORPORATION
CHARBONE is an built-in firm specialised in Extremely Excessive Purity (UHP) hydrogen and the strategic distribution of business gases in North America and the Asia-Pacific area. It’s creating a modular community of inexperienced hydrogen manufacturing whereas partnering with business gamers to produce helium and different specialty gases with out the necessity to construct expensive new crops. This disciplined technique diversifies income streams, reduces dangers, and will increase flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Enterprise Trade (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Inventory Trade (FSE: K47). For extra data, go to www.charbone.com .
Ahead-Trying Statements
This information launch incorporates statements which might be “forward-looking data” as outlined beneath Canadian securities legal guidelines (“forward-looking statements”). These forward-looking statements are sometimes recognized by phrases akin to “intends”, “anticipates”, “expects”, “believes”, “plans”, “doubtless”, or comparable phrases. The forward-looking statements mirror administration’s expectations, estimates, or projections regarding future outcomes or occasions, based mostly on the opinions, assumptions and estimates thought-about affordable by administration on the date the statements are made. Though Charbone believes that the expectations mirrored within the forward-looking statements are affordable, forward-looking statements contain dangers and uncertainties, and undue reliance shouldn’t be positioned on forward-looking statements, as unknown or unpredictable components might trigger precise outcomes to be materially totally different from these mirrored within the forward-looking statements. The forward-looking statements could also be affected by dangers and uncertainties within the enterprise of Charbone. These dangers, uncertainties and assumptions embrace, however usually are not restricted to, these described beneath “Threat Elements” within the Company’s Submitting Assertion dated March 31, 2022, which is accessible on SEDAR at www.sedar.com; they may trigger precise occasions or outcomes to vary materially from these projected in any forward-looking statements.
Besides as required beneath relevant securities laws, Charbone undertakes no obligation to publicly replace or revise forward-looking data.
Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch .
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