Curated News
By: NewsRamp Editorial Staff
October 06, 2025
Charbone Secures $1M for North America's First Clean Hydrogen Network
TLDR
- CHARBONE secured over $1M in funding, providing capital advantage to advance its clean hydrogen infrastructure and position as a North American leader.
- CHARBONE raised $1.013M through a two-tranche private placement issuing units at $0.06 each, with proceeds funding equipment re-installation and infrastructure development.
- CHARBONE's funding supports building North America's first clean hydrogen network, advancing the transition to a low-carbon economy for a sustainable future.
- CHARBONE exceeded its funding target to install hydrogen equipment in Sorel-Tracy, creating North America's first clean Ultra High Purity hydrogen distribution network.
Impact - Why it Matters
This development matters because clean hydrogen represents one of the most promising solutions for decarbonizing hard-to-abate sectors like heavy industry and transportation. As countries worldwide commit to net-zero emissions targets, the demand for clean hydrogen is projected to grow exponentially. CHARBONE's successful funding and progress toward establishing North America's first Ultra High Purity hydrogen network positions the company at the forefront of this energy transition. For investors, this signals growth potential in the rapidly expanding green hydrogen market. For society, it represents meaningful progress toward reducing carbon emissions and building more sustainable energy infrastructure. The company's modular approach also demonstrates a practical, scalable model that could accelerate the adoption of clean hydrogen technology across multiple industries.
Summary
CHARBONE HYDROGEN CORPORATION has successfully completed a significant $1.013 million private placement financing, marking a major milestone for the company's ambitious clean energy vision. The Quebec-based company, trading on the TSX Venture Exchange under symbol CH, OTCQB as CHHYF, and FSE as K47, secured this funding through a non-brokered equity offering that exceeded original targets. The financing consisted of two tranches, with the final closing adding $551,000 to reach the total amount. This substantial capital infusion demonstrates strong investor confidence in CHARBONE's mission to establish North America's first clean Ultra High Purity hydrogen production and distribution network, positioning the company as a key player in the transition to low-carbon energy solutions.
The financing structure involved issuing units at $0.06 each, with each unit comprising one common share and one warrant exercisable at $0.08 for 24 months. According to CEO Dave B. Gagnon, the successful completion of this offering provides CHARBONE with the necessary resources to advance critical infrastructure projects, particularly the re-installation of hydrogen equipment at the Sorel-Tracy site. The proceeds will be allocated toward purchasing operating hydrogen equipment, infrastructure development, and general working capital requirements. The company's modular approach to building a distributed network of green hydrogen production plants represents a disciplined strategy that reduces risk while enabling flexible expansion across North America and Asia-Pacific markets.
CHARBONE's business model extends beyond hydrogen production to include strategic distribution of industrial gases and diversification through helium and specialty gas partnerships. The company's focus on clean Ultra High Purity hydrogen aligns with growing global demand for sustainable energy solutions. Investors and stakeholders can find additional information through the company's corporate communications available on platforms like NEWMEDIAWIRE and regulatory filings accessible via www.sedar.com. This successful financing round not only validates CHARBONE's business strategy but also accelerates the company's timeline for establishing itself as a leader in the emerging clean hydrogen economy, contributing to broader environmental goals while creating value for shareholders and partners alike.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Charbone Secures $1M for North America's First Clean Hydrogen Network
