CHARBONE Hydrogen Extends Deadline for US$6 Million in Convertible Notes

CHARBONE Hydrogen Extends Deadline for US$6 Million in Convertible Notes

(TheNewswire)

Charbone Hydrogen Corporation


Brossard, Quebec, December 31, 2024 TheNewswire Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's only publicly traded pure-play green hydrogen company, is please to announce a 30-day extension, subject to Exchange approval, until February 3, 2025 for the private placement financing of a maximum of US$6 million unsecured convertible debt. The Company continues to receive significant interest in this raise, as seen in closing US$1.5M (CA$2.1M) on December 4, 2024. As such and considering the holidays, the Company decided to extend the timeline for interested parties.

The offering is an unsecured convertible note with a 36-month term at a 12% annual interest rate, led by its US banker, maturing in December 2027 or convertible earlier.

Additionally, Charbone has received an additional 133,500$ from exercises of warrants as of December 30, 2024.

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH); the OTC Markets (OTCQB: CHHYF); and the Frankfurt Stock Exchange (FSE: K47). For more information on Charbone Hydrogen and its projects, please visit www.charbone.com

Forward-Looking Statements

This news release contains statements that are "forward-looking information" as defined under Canadian securities laws ("forward-looking statements"). These forward-looking statements are often identified by words such as "intends", "anticipates", "expects", "believes", "plans", "likely", or similar words. The forward-looking statements reflect management's expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under "Risk Factors" in the Corporation's Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Contacts Charbone Hydrogen Corporation

Dave B. Gagnon

Chief Executive Officer and

Chairperson of the Board

Charbone Hydrogen Corporation

Telephone:

+1 438 844-7170

Email:

dg@charbone.com

Daniel Charette

Chief Operating Officer

Charbone Hydrogen Corporation

Telephone:

+1 438 800-4946

Email:

dc@charbone.com

Benoit Veilleux

Chief Financial Officer and Corporate Secretary

Charbone Hydrogen Corporation

Telephone:

+1 438 800-4991

Email:

bv@charbone.com

Copyright (c) 2024 TheNewswire - All rights reserved.

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The only publicly listed green hydrogen player in Canada.

Charbone Hydrogene signe une entente de conditions pour une facilite de credit de construction de 50 millions USD

Charbone Hydrogene signe une entente de conditions pour une facilite de credit de construction de 50 millions USD

Brossard (Québec) TheNewswire - le 1 er mai 2025 - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d'Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d'hydrogène vert, a le plaisir d'annoncer la signature, plus tôt dans la journée, d'une convention non contraignante portant sur un financement de construction d'un montant maximal de 50 millions de dollars US, avec un gestionnaire international de fonds d'infrastructures spécialisé dans les énergies renouvelables, pour une durée de six mois. De plus amples détails sur ce financement de projet seront communiqués dans les 30 prochains jours.

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CHARBONE Hydrogen Signed a USD 50 Million Construction Capital Facility Term Sheet

CHARBONE Hydrogen Signed a USD 50 Million Construction Capital Facility Term Sheet

Brossard, Quebec TheNewswire - May 1, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's sole publicly traded pure-play company specializing in green hydrogen production and distribution, is pleased to announce the signing, made earlier today, of a non-binding term sheet for up to USD 50 million construction capital facility with an international specialized renewable energy infrastructure fund manager for a 6-months term. More details of this project financing credit facility will be communicated in the next 30 days.

" Signing this term sheet for a Construction Capital Facility of 50 million USD is a determining moment for CHARBONE and all of its stakeholders ," said Dave Gagnon, President and CEO of Charbone. He continued , " Going forward, CHARBONE expects to add this construction financing to its other sources of financing to better support its entire deployment strategy. "

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Charbone Hydrogen Announces 2024 Financial Results

Charbone Hydrogen Announces 2024 Financial Results

Brossard, Quebec TheNewswire - April 30, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's sole publicly traded pure-play company specialized in green hydrogen production and distribution, today announces its financial and operating results for the year ending December 31, 2024, highlighted by a 15% year-over-year revenue increase and critical progress toward commencing green hydrogen production at its Sorel-Tracy facility in 2025.

All necessary permits for the Sorel-Tracy facility have been obtained, and Hydro-Québec, the provincial grid company, is completing interconnection, keeping the project on track for 2025 production.

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Charbone Hydrogene annonce les resultats financiers 2024

Charbone Hydrogene annonce les resultats financiers 2024

(TheNewswire)

Charbone Hydrogen Corporation

Brossard (Québec) TheNewswire - le 30 avril 2025 - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d'Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d'hydrogène vert, a annoncé aujourd'hui ses résultats financiers et opérationnels pour l'exercice se terminant le 31 décembre 2024, marqués par une augmentation de 15 % des revenus sur l'année précédente ainsi que des progrès essentiels vers le démarrage de la production d'hydrogène vert à son usine de Sorel-Tracy en 2025.

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Charbone Hydrogene elargit son offre de produits grace a des ententes commerciales avec un producteur de gaz industriels americain de premier niveau

Charbone Hydrogene elargit son offre de produits grace a des ententes commerciales avec un producteur de gaz industriels americain de premier niveau

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Québec TheNewswire - le 31 mars 2025 - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d'Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d'hydrogène vert, a le plaisir d'annoncer l'exécution d'ententes d'approvisionnement avec un important producteur et distributeur américain de gaz industriels. La première entente permet à Charbone d'accéder à certains volumes d'hydrogène en anticipation de sa propre production. L a deuxième entente permettra en plus à Charbone d'élargir son offre de produits pour fournir à ses propres clients une variété d'autres gaz, tel que l'hélium et autres gaz industriels qui complémentent les produits d'hydrogène.

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