Charbone Hydrogen Corporation Announces Unit Issuance for Debt Settlement
Key Ideas
- Charbone Hydrogen Corporation settles $1,273,702 in debt with arm's-length suppliers through the issuance of 16,982,689 units at a conversion price of $0.075 per unit.
- The company specializes in Ultra High Purity (UHP) hydrogen production and is strategically involved in the distribution of industrial gases in North America and the Asia-Pacific region.
- Charbone's disciplined strategy of developing a modular network for green hydrogen production and partnering with industry players helps diversify revenue streams, reduce risks, and increase flexibility.
- The company is listed on the TSX Venture Exchange, OTC Markets, and the Frankfurt Stock Exchange, focusing on sustainable energy solutions and industrial gas supply chain optimization.
Charbone Hydrogen Corporation, based in Brossard, Quebec, has announced the issuance of units for debt settlements with certain arm's-length suppliers, totaling $1,273,702. The company will issue 16,982,689 units at a conversion price of $0.075 per unit. Charbone is known for specializing in Ultra High Purity (UHP) hydrogen production and distributing industrial gases across North America and the Asia-Pacific region. They are currently working on a modular network for green hydrogen production and collaborating with industry partners to supply helium and specialty gases efficiently. This strategic approach aims to diversify revenue streams, minimize risks, and enhance operational flexibility. Charbone Hydrogen Corporation is publicly listed on various stock exchanges, including the TSX Venture Exchange, OTC Markets, and the Frankfurt Stock Exchange. The company's focus on sustainable energy solutions and optimizing the industrial gas supply chain highlights its commitment to green initiatives and innovative business strategies.