Charbone Hydrogen Corporation, based in Montreal, has confirmed the successful execution of a project finance facility worth up to US$50 million to facilitate the rapid expansion of its modular hydrogen facilities across North America. The company's core focus lies in the development of modular production facilities that aim to deliver green hydrogen with exceptionally high purity levels, exceeding 99.999% (Grade 5.0 and above). Notably, all hydrogen output from these facilities is already committed under tier-one offtake agreements, ensuring a reliable forward demand for Charbone's production. The financing for this venture is being provided by True Green Capital Management LLC, with US Capital Global Securities LLC serving as the facilitating entity. This strategic financial support is a vital step in realizing Charbone's long-term growth strategy. The company's CFO, Benoit Veilleux, expressed gratitude for the assistance received and highlighted the significance of the funding in driving their expansion plans. Furthermore, US Capital Global Securities' CEO, Charles Towle, emphasized Charbone's increasing momentum in meeting the rising demand for clean hydrogen solutions, particularly in the industrial sector across North America. The market responded positively to this announcement, with Charbone's stock price surging by almost 42% on the day of the disclosure, indicating strong investor confidence in the company's prospects and its pivotal role in the green hydrogen market.