Elixir Energy Limited (“Elixir” or the “Company”) is pleased to announce a material increase in the contingent resources booking for its 100% owned ATP 2044 in Queensland (Project Grandis).
HIGHLIGHTS
The updated estimate of contingent resources in ATP 2044 is as set out in the table below. The subclass of Contingent Resources (as defined under the PRMS – illustrated in Appendix 1) is “Development Unclarified”.
These estimates have been independently certified by international firm ERC Equipoise (“ERCE”).
Notes:
These are unrisked contingent resources that have not been risked for the chance of development and there is no certainty that it will be economically viable to produce any portion of the contingent resources.
These contingent resources are classified as “Development Unclarified”.
Detailed notes on the background to the preparation of the contingent resources report are set out in Appendix 1.
These contingent resources estimates are for the sandstones only in the gas bearing Permian section, and do not include the prospective coal resources, which will be the subject of stimulation and production testing in the coming months.
This upgrade in contingent resources is largely due to:
1. The lowering of the Lowest Known Gas (LKG) from Daydream-1 to Daydream-2 as a result of the successful Lorelle sandstone testing; and
2. The overall improved sandstone reservoir development and resulting increasing net to gross from Daydream-1 to Daydream-2.
Elixir’s technical team and ERCE analyzed drilling, logging and test data to make these estimates. Specific analysis including seismic interpretation, core analysis, wireline petrophysics, chromatographic gas analysis, DFITs, production test analysis and gas sampling have all been incorporated in the resources estimates. The key contingency for Project Grandis is the flowrate. Whilst the Company has achieved a flowrate of 1.3 million cubic feet per day from the lower-most Lorelle Sandstone, the upper zones have not yet been tested.
The Daydream-2 appraisal program is expected to resume in the next month or so. Further updates on more specific time-frames are expected to follow shortly, as current negotiations with various sub- contractors are finalized.
Elixir’s Managing Director, Mr Neil Young, said: “We are naturally delighted with the ongoing material build-up of the very significant contingent resources in our exceptionally well located Project Grandis project. As our appraisal program resumes in the next month or so, the success case should deliver yet more substantial increases.”
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(TheNewswire)
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Brossard (Québec), le 29 août 2025 TheNewswire - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH,OTC:CHHYF OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une rare compagnie cotée en bourse spécialisée dans la production et la distribution d'hydrogène ultrapur vert en Amérique du Nord, annonce aujourd'hui ses résultats financiers et opérationnels pour les périodes de trois et six mois se terminant le 30 juin 2025.
La construction de l'usine de Sorel-Tracy a débuté. Hydro-Québec, le distributeur d'énergie provincial, a terminé l'interconnexion électrique et l'installation du mesurage, la Ville a raccordé le réseau d'aqueduc et les entrepreneurs ont commencé les travaux de génie civil, demeurant sur la bonne voie pour démarrer la production dès cet automne.
FAITS SAILLANTS T2 2025:
La perte nette a diminué de 39 % pour atteindre 444 542 $ au cours de la p ériode de 3 mois se terminant le 30 juin 2025, contre 729,425 $ en 2024 (activités toujours en resserrement des frais généraux et administratifs).
Première reconnaissance de revenus suite à l'avancement des activités de l'entente-cadre de collaboration visant à soutenir le déploiement d'un projet de développement d'hydrogène vert en Malaisie annoncé au deuxième trimestre 2025.
La Société a clôturé des unités pour le règlement de dettes de 1 273 702 $, des actions pour le règlement de dettes au management de 310 000 $ et des exercices de bons de souscription totalisant 575 022 $ (223 378 $ en T2 2024).
La Société a annoncé la signature d'une convention de financement pour une facilité de capital de construction pouvant atteindre 50 millions de dollars américains ; et
La Société a annoncé avoir signé une entente d'approvisionnement avec un producteur américain de gaz industriels de premier plan afin d'élargir son offre aux clients et de générer des revenus immédiats à partir d'une source diversifiée.
La gestion financière rigoureuse de Charbone et ses nouveaux partenariats stratégiques lui permettent de concrétiser sa vision : devenir un leader nord-américain des réseaux de distribution d'hydrogène vert et de gaz industriels. Ces avancées soulignent sa volonté de jouer un rôle moteur dans la transition énergétique.
" La direction est motivée à continuer à travailler sur la structuration des transactions pour préserver la trésorerie , a déclaré Benoit Veilleux, Chef de la direction financière et secrétaire corporatif de Charbone. " Charbone passe en mode exécution pour libérer son fort potentiel de croissance à court terme . "
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À propos de Charbone Hydrogène Corporation
Charbone est une entreprise intégrée spécialisée dans l'hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d'hydrogène vert tout en s'associant à des partenaires de l'industrie pour offrir de l'hélium et d'autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d'informations, visiter www.charbone.com .
Énoncés prospectifs
Le présent communiqué de presse contient des énoncés qui constituent de « l'information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l'intention », « anticipe », « s'attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s'y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l'inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l'adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.
Sauf si les lois sur les valeurs mobilières applicables l'exigent, Charbone ne s'engage pas à mettre à jour ni à réviser les déclarations prospectives.
Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n'acceptent de responsabilité quant à la pertinence ou à l'exactitude du présent communiqué.
Pour contacter Corporation Charbone Hydrogène :
| Téléphone bureau: +1 450 678 7171 | |
| Courriel: ir@charbone.com Benoit Veilleux Chef de la direction financière et secrétaire corporatif |
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(TheNewswire)
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Brossard, Quebec, August 29, 2025 - TheNewswire Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's only publicly traded pure-play company focused on ultra-pure green hydrogen production and distribution today announces its financial and operational results for the three and six-month periods ending June 30, 2025.
Construction of the Sorel-Tracy facility has started. Hydro-Québec, the provincial energy distributor, has completed the electrical interconnection and metering, the town has connected the water supply, and contractors have started civil construction works, remaining on track to start production this fall.
Q2 2025 HIGHLIGHTS:
Net loss decreased by 39% to $444,542 in the 3-months period ending June 30, 2025, down from $729,425 in Q2 2024 (activities still tightening general and administrative expenses).
First recognition of revenues following the advancement of activities from the Master Collaborative Agreement to support the deployment of a Malaysian green hydrogen project development announced in Q2 2025.
The Company has closed units for debt settlement of $1,273,702, shares for the management debt settlement of $310,000 and exercises of warrants totalling $575,022 ($223,378 in Q2 2024).
The Company announced the signing of a term sheet for a construction capital facility of up to US $50 million; and
The Company announced it has executed an offtake agreement with a US Tier One industrial gases producer to expand its offerings to customers and generate immediate revenues from a diversified source.
Charbone's disciplined financial management and new strategic partnerships position the company to achieve its vision of becoming a North American leader in green hydrogen and industrial gases distribution networks. These advancements underscore its commitment to being a game-changer in the energy transition.
Management is motivated to keep working on structuring deals to preserve cash," said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE . "CHARBONE is moving into execution mode to unlock its strong growth potential in the short term .
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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 is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly 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 .
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 .
| Contact Charbone Hydrogen Corporation | |
| Telephone: +1 450 678 7171 | |
| Email: ir@charbone.com Benoit Veilleux CFO and Corporate Secretary | |
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About BPH Energy Limited:
BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.
The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.
BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.
BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).
Source:
BPH Energy Limited
Contact:
David Breeze
admin@bphenergy.com.au
www.bphenergy.com.au
T: +61 8 9328 8366
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