{"id":18256,"date":"2025-06-03T13:54:56","date_gmt":"2025-06-03T13:54:56","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/06\/03\/charbone-hydrogen-announces-closing-of-units-for-debt-financing-for-a-total-amount-of-1-3m\/"},"modified":"2025-06-03T13:54:56","modified_gmt":"2025-06-03T13:54:56","slug":"charbone-hydrogen-announces-closing-of-units-for-debt-financing-for-a-total-amount-of-1-3m","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/06\/03\/charbone-hydrogen-announces-closing-of-units-for-debt-financing-for-a-total-amount-of-1-3m\/","title":{"rendered":"Charbone Hydrogen Announces Closing of Units for Debt Financing for a Total Amount of $1.3M"},"content":{"rendered":"<\/p>\n
\n

(TheNewswire) <\/p>\n

\n<\/div>\n

Brossard, Quebec TheNewswire \u2013 June 3, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the \u2018Company\u2019 or \u2018CHARBONE \u2018), North America\u2019s only publicly traded pure-play company focused on green hydrogen production and distribution, is pleased to announce the closing of Units for debt settlements amounting to $1,342,687.<\/p>\n

The Company has settled with certain arm\u2019s length suppliers $1,342,687 of payables through the issuance of units. Each unit offered, priced at $0.075 per Unit, comprised one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $ <\/span> 0.10 <\/span> for <\/span> 12 <\/span> months following the closing date. A total of 17,902,489 Units will be issued pursuant to the closing, at a conversion price per unit of $0.075. The Company believes that the settlement of the payables through the issuance of securities is appropriate to advance towards production for its Sorel-Tracy project and the overall need to manage its cash prudently. \u00a0A formal agreement will reflect any debt settlement and will be subject to the approval of the TSX Venture Exchange. Any securities issued pursuant to a debt settlement will be subject to a statutory four-month hold period in Canada. <\/span><\/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. 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> . <\/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><\/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 June 3, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the \u2018Company\u2019 or \u2018CHARBONE \u2018), North America\u2019s only publicly traded pure-play company focused on green hydrogen production and distribution, is pleased to announce the closing of Units for debt settlements amounting to $1,342,687. The Company has settled with […]<\/p>\n","protected":false},"author":0,"featured_media":18257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-18256","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\/18256","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=18256"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/18256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/18257"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=18256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=18256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=18256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}