Charbone Hydrogen Corporation, listed as TSX-V:CH and OTCQB:CHHYF, recently secured a non-binding term sheet for a construction capital facility of up to $50 million. This financial support is geared towards facilitating the initial rollout of the company's clean hydrogen production projects in North America. Charbone plans to implement between five and ten projects from a pipeline of sixteen identified locations over the next five years. The company emphasized that this capital facility will offer financial flexibility and support its decentralized project model. In an effort to swiftly progress, Charbone aims to install a new electrolyzer every three to six months under a phased approach. Notably, the company's Sorel-Tracy project in Québec is nearing production, with expectations to commence operations in approximately two months. Additionally, Charbone is advancing its project in Michigan and exploring further sites in both Canada and the United States. The CFO, Benoit Veilleux, hailed the term sheet as a significant milestone and expressed the company's agility in establishing production infrastructure where market demand exists. Charbone plans to invest between $5 million and $10 million per site with the secured funding, with plans for ongoing updates on deployment progress in the near future.