{"id":18184,"date":"2025-05-30T13:54:44","date_gmt":"2025-05-30T13:54:44","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/05\/30\/charbone-hydrogen-announces-q1-2025-financial-results\/"},"modified":"2025-05-30T13:54:44","modified_gmt":"2025-05-30T13:54:44","slug":"charbone-hydrogen-announces-q1-2025-financial-results","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/05\/30\/charbone-hydrogen-announces-q1-2025-financial-results\/","title":{"rendered":"Charbone Hydrogen Announces Q1 2025 Financial Results"},"content":{"rendered":"<\/p>\n
\n

(TheNewswire) <\/p>\n

\n<\/div>\n

Brossard, Quebec TheNewswire \u2013 May 30, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the \u2018Company\u2019 or \u2018CHARBONE\u2019), North America\u2019s sole publicly traded pure-play company focused on green hydrogen production and distribution, today announces its financial and operational results for the three-month period ending March 31, 2025.<\/p>\n

All necessary permits for the construction of the Sorel-Tracy facility have been secured, and Hydro-Qu\u00e9bec, the provincial energy distributor, is working towards completing the interconnection, keeping the project on schedule for 2025 production. <\/span><\/p>\n

Q1 2025 HIGHLIGHTS: <\/span><\/p>\n

Negative cash flows from operating activities decreased by 7% to $620,097 in Q1 2025, down from $663,843 in Q1 2024 (activities still tightening general and administrative expenses). <\/span><\/p>\n

Revenue decreased to $5,067 in Q1 2025, down from $81,637 in Q1 2024 (generated from the Wolf River acquisition on December 1, 2022). There is a temporary reduction in services at the dam following an equipment failure, which will be repaired with increased capacity. <\/span><\/p>\n

The Company has closed shares for the management debt settlement of $310,000 and exercises of warrants totaling $293,270 ($10,000 in Q1 2024). <\/span><\/p>\n

The Company announced the signing of a term sheet for a construction capital facility of up to US $50 million; and <\/span><\/p>\n

Charbone\u2019s 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. <\/span><\/p>\n

Management is motivated to continue its efforts to advance and complete the announced project(s) with a lean administrative structure,\u2019 <\/span> said <\/span> Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE <\/span> . <\/span> \u2018With the construction capital facility term sheet in place and subject to completing project development activities, CHARBONE now has a partner to deploy and deliver its current project(s) and a growth potential in the short term. <\/span> \u2018 <\/span><\/p>\n


Click Image To View Full Size <\/span><\/p>\n


Click Image To View Full Size <\/span><\/p>\n

<\/a><\/p>\n

About Charbone Hydrogen Corporation <\/span><\/p>\n

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. <\/span> CHARBONE remains North America\u2019s 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, visit <\/span> www.charbone.com <\/span><\/span> . <\/p>\n

Forward-Looking Statements <\/span><\/p>\n

This news release contains statements that are \u2018forward-looking information\u2019 as defined under Canadian securities laws (\u2018forward-looking statements\u2019). These forward-looking statements are often identified by words such as \u2018intends\u2019, \u2018anticipates\u2019, \u2018expects\u2019, \u2018believes\u2019, \u2018plans\u2019, \u2018likely\u2019, or similar words. The forward-looking statements reflect management\u2019s 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 \u2018Risk Factors\u2019 in the Corporation\u2019s 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. <\/span><\/p>\n

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information. <\/span><\/p>\n

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 <\/span> . <\/span><\/p>\n

\n

Contact Charbone Hydrogen Corporation <\/span><\/p>\n

Telephone: +1 450 678 7171 <\/span><\/p>\n

Email: <\/span> ir@charbone.com <\/span><\/span><\/p>\n

Benoit Veilleux <\/span><\/p>\n

CFO and Corporate Secretary <\/span><\/p>\n<\/div>\n

Copyright (c) 2025 TheNewswire \u2013 All rights reserved. <\/p>\n<\/p>\n<\/div>\n

News Provided by TheNewsWire via QuoteMedia<\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

(TheNewswire) Brossard, Quebec TheNewswire \u2013 May 30, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the \u2018Company\u2019 or \u2018CHARBONE\u2019), North America\u2019s sole publicly traded pure-play company focused on green hydrogen production and distribution, today announces its financial and operational results for the three-month period ending March 31, 2025. All necessary permits for the […]<\/p>\n","protected":false},"author":0,"featured_media":18185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-18184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/18184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=18184"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/18184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/18185"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=18184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=18184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=18184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}