(THenewswire)
Brossard, Quebec THenewswire – September 5, 2025 Charbone Hydrogen Corporation (TSXV: CH, OTC: Chhyf; OTCQB: Chhyf; FSE: K47) (The “Company” or “Charbone”), a company that is focused on green hydrogen production and Distribution, is asseted, a Distribution,, distribution. Operational Holtire Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Operational Obsire Obsire Asset Asset Asset Asset Asset Asset Asset Asset Asset Obklop production and tank equipment in Quebec. The strategic acquisition allows Charbone to accelerate the commissioning of Charbone’s flagship Sorel -Tracy Facility phase 1 and to enable Charbone to produce and deliver first industrial High Purity Hydrogen (UHP) sales in the coming quarter.
The Equipment, which is currently in use, will be dismantled, reused and moved to Sorel-Tracy .
This transaction follows the signing of Charbone of a Non-dilutive USD 50 million building capital facility announced on May 1 and 4 June 2025. Although this facility is reserved for broader project financing instead of this purchase of equipment, it shows the reinforced capital position of Charbone and the ability to scale up its overall development plan.
Main investors highlights
Accelerated timeline : Remoopen Limited operating equipment reduces the installation costs of new equipment – making production possible by Beginning Q4 2025
Selection process : Charbone has been selected as a buyer of the equipment as the seller has accepted $ 1 million in Charbone shares As part of a part of the purchase price For a issue price equal to the market price of the Charbone shares on the TSX Venture Exchange on the effective date Plus a cash balance that is affordable in 3 tranches. With a third payment on the effective date and the remaining paid more than two years of retaining cash for growth.
Operational progress : Grid connection is completed; Hydro-Québec installed the energy meter on July 22 and completed the interconnection on 13 August, while the city of Sorel-Tracy completed the water connection with its main system, so that the site needed the two elements required for the production of hydrogen.
Private placement data
Moreover, Charbone is delighted to announce the successive closures of his $ 1 million non–average private placement (the “supply offer”). The company has already taken care of $ 0.5 million to accelerate the completion of its flagship green hydrogen production facility in Sorel-Tracy, Quebec.
The first tranche included the issue of 7,699,666 units. A second tranche for the remaining $ 0.5 million is expected to close on October 15, 2025.
The proceeds from the supply offer will mainly be allocated to the purchase of the operational hydrogen equipment, reinstallation on the Sorel-Tracy site and infrastructure development and general working capital requirements.
Each of the units offered (each A Unit “), priced at $ 0.06 per unit, included a general share of the company (each, a” Unity “) And one ordinary stock purchase order (each, one” Bite “). Every order gives the holder the right to buy an extra general share from the company at a exercise price of $ 0.08 for 24 months after the closing date of the offer (the Closing date “). On the closing date, the company paid the reimbursement of a Finder of $ 17,222 and gave 287.040 Finder’s Warrants to registered dealers with regard to the sale of certain units to qualified subscribers introduced by such dealers. The units were offered under the” AcCredited 45-106-1 ” Prospectus -exemptions (In Québec, Regulation 45-106- Prospectus -exemptions ). However, the company reserves the right to refuse subscription amounts under $ 5,000 (83,333 units) to prevent excessive administrative costs.
The closure of the supply supply remains subject to the approval of the TSX Venture Exchange and other usual closing conditions. The company can close a second tranche in the coming days, but no later than 15 October 2025. All effects issued under the offer are subject to a statutory four-month and one-day hold period in Canada after the closing date
This press release is not an offer to sell or a request to buy an offer, nor will there be a sale of effects in any jurisdiction where such an offer, requests or sale would be illegal, also in the United States. The effects are and will not be registered under the United States Securities Act of 1933, as amended (the 1933 Act “) Or any applicable securities laws of the state and may not be offered or sold in the United States or to the account or benefit of, American persons (as defined in regulations under the 1933 law) unless registered under the law of 1933 and relevant state laws, or if an exemption of registration is available
CEO commentary
“Investors have been waiting for Sorel-Tracy from development to income”, said Dave Gagnon, President and CEO of Charbone. “By re -use proven equipment – at a lower costs of a new build – and structuring the deal to maintain cash, we enter the implementation mode with a strong capital support and minimal dilution. He continues; This acquisition positions us to deliver Green and High Purity Hydrogen (UHP) to our industrial customers faster, and with best-in-class business equipment. ”
Why this matters
This acquisition gives one turning point For Charbone: After years of development, the company is positioned to deliver its first hydrogen income, to use non-dilative capital on a scale and to capture early mover benefits in the North American green hydrogen market.
About Charbone Hydrogen Corporation
Charbone is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It develops a modular network of green hydrogen production, while working with players in the industry to deliver helium and other special gases without the need to build valuable new factories. This disciplined strategy diversifies income flows, reduces risks and increases flexibility. The Charbone Group is listed listed in North -America and Europe on the TSX Venture Exchange (TSXV: CH, OTC: Chhyf), The OTC Markets (OTCQB: Chhyf) and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .
Foresighting statements
This press release contains statements that are “future -oriented information” as defined by the Canadian securities (“Future -oriented statements”). These future -oriented statements are often identified by words such as “intends”, “anticipate”, “expected”, “believes”, “plans”, “probably” or similar words. The future -oriented statements reflect the expectations, estimates or projections of management with regard to future results or events, based on opinions, assumptions and estimates that are considered reasonable by management on the date on which the statements are made. Although Charbone believes that the expectations that are reflected in the future -oriented statements are reasonable, future -oriented statements are risks and uncertainties and convincing dependence should not be placed on future -oriented statements, because unknown or unpredictable factors can differ the actual results of those that are displayed in the progressive statements. The future -oriented statements can be influenced by risks and Uncertainties in the Charbone company. These risks, uncertainties and assumptions include, but are not limited to, which described under “risk factors” in the company’s archiving statement of 31 March 2022, which is available on Sedar on www.sedar.com; They can ensure that actual events or results differ substantially from those projected in all future -oriented statements.
Except as required under the applicable securities legislation, Charbone has not taken an obligation to publicly update or revise future -oriented information.
Neither TSX Venture Exchange nor its regulation services provider (because that term is defined in the policy of the TSX Venture Exchange) accepts the responsibility for the adequacy or accuracy of this release .
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