Charbone Hydrogen Corporation (CH) Quote

NEWS:,,,TSXV: CH; OTCQB: CHHYF; FSE: K47......CHARBONE Hydrogen Announces Grid Interconnection Date Now Confirmed with Hydro-Quebec to Begin Green Hydrogen Production
(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec – TheNewswire - January 15, 2025 – CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), North America’s only publicly traded pure-play green hydrogen company, is pleased to announce that it has received confirmation from Hydro-Quebec that the Company’s Sorel-Tracy flagship project will be officially connected to the grid on or before March 4 th 2025.

This new and important engineering milestone guarantees clean energy sourcing for CHARBONE’s Sorel-Tracy flagship project to commence green hydrogen production.

“ It has been a long journey to get to this point, but our time has come , ” said Daniel Charette, COO of CHARBONE, “ Our sincere thanks to the Hydro-Quebec engineering and development departments for their extraordinary collaboration, trust in our project and hard work to get all the internal and external approvals in place to make this project a reality. We are fortunate to have top-notch engineering talent working with a group of dedicated contractors to make this all possible, and this launch will be the first of many to come across North America. ”

CHARBONE team would like also to announce the nomination and congratulate CHARBONE’s Chief Operation Officer, Mr. Daniel Charette, as the new President of Hydrogen Quebec Association as of January 1 st , 2025, which regroup over 50 members which are involved in equipment manufacturing, production and distribution of hydrogen. We know that Daniel is a leader and will continue to work hard to promote the hydrogen place in Quebec and in Canada, we are wishing him all the best in this position, the CHARBONE team is behind him!

About CHARBONE Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the 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 on CHARBONE Hydrogen and its projects, please visit www.charbone.com

TSXV: CH; OTCQB: CHHYF; FSE: K47 CHARBONE Hydrogen Addresses Temporary Service Disruption at Legacy Wolf River Hydropower Plant, Reinforces Focus on Green Hydrogen Production
(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec, January 10, 2025 – TheNewswire - CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), North America’s only publicly traded pure-play green hydrogen company, announces a temporary service reduction at its Wolf River Hydro LP (“Wolf River”) hydropower plant following an equipment failure. An independent third-party hydropower specialist is investigating to determine the scope of repairs required.

Wolf River employees and consultants are ensuring the safety and security of the facility, while collaborating with regulatory bodies and local authorities to monitor and control the water levels of the upstream pond and river, minimizing environmental impacts. Daily updates on water levels and operations will be provided to local stakeholders. Due to current weather conditions, the public is advised to exercise caution when approaching the ice cover.

The Wolf River hydropower plant is one of CHARBONE's legacy assets. In alignment with its strategy to focus exclusively on green hydrogen production, CHARBONE announced on April 23, 2024, would be selling two hydroelectric projects, including Wolf River. CHARBONE remains committed to pursuing the sale of these assets to generate non-dilutive resources that will advance its green hydrogen plant development portfolio.

“ T hese legacy hydropower assets have played an important role in CHARBONE’s journey, but as we focus on the construction of our flagship Sorel-Tracy facility and the deployment of 15 additional green hydrogen production plants across North America, their sale aligns with our long-term strategy, ” said Dave Gagnon, CEO of CHARBONE, in the April 2024 announcement.

Following the completion of the equipment specialist’s investigation, CHARBONE will evaluate all options for the Wolf River hydropower plant that would align with shareholder interests.

About CHARBONE Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the 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 on CHARBONE Hydrogen and its projects, please visit www.charbone.com

CHARBONE Hydrogen Extends Deadline for US$6 Million in Convertible Notes
Investing News NetworkDecember 31, 2024
(TheNewswire)

Charbone Hydrogen Corporation



Brossard, Quebec, December 31, 2024 TheNewswire Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's only publicly traded pure-play green hydrogen company, is please to announce a 30-day extension, subject to Exchange approval, until February 3, 2025 for the private placement financing of a maximum of US$6 million unsecured convertible debt. The Company continues to receive significant interest in this raise, as seen in closing US$1.5M (CA$2.1M) on December 4, 2024. As such and considering the holidays, the Company decided to extend the timeline for interested parties.

The offering is an unsecured convertible note with a 36-month term at a 12% annual interest rate, led by its US banker, maturing in December 2027 or convertible earlier.

Additionally, Charbone has received an additional 133,500$ from exercises of warrants as of December 30, 2024.

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the 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 on Charbone Hydrogen and its projects, please visit www.charbone.com

NEWS: TSXV: CH; OTCQB: CHHYF; FSE: K47 Brossard, Québec TheNewswire - December 13, 2024 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's only publicly traded pure-play green hydrogen company, is pleased to announce that it has received $371,150 from the exercise of warrants expiring in December 2024 as well as February 2025.

Extension of warrants

The Company also announces that it has requested the extension of the expiry date and modification of the exercise price of 9,980,004 common share purchase warrants (the "Warrants") that were issued pursuant to a non-brokered private placement of units of CHARBONE that closed by tranches on December 14 and 28, 2022, as well as on January 20, 2023.

Pursuant to the approval by the TSX Venture Exchange, CHARBONE will extend the expiry dates of the Warrants of December 14, 2024, December 28, 2024 and January 20, 2025 to February 28, 2025. CHARBONE will also modify the exercise price from $0.20 to $0.125. All other terms and conditions of the Warrants remain unchanged. None of these Warrants have been exercised to date. Warrant holders are advised that replacement warrant certificates will not be issued and that the original warrant certificate must be presented to CHARBONE in order to effect the exercise of the Warrants.

None of the warrant holders are insiders. In accordance with the policies of the TSX Venture Exchange, no compensation warrants issued in connection with the prior financing are being extended nor modified.

Grant of Common Share Purchase Options

CHARBONE is pleased to announce the grant of 1,750,000 common share purchase options of Charbone ( " Options " ) to directors, executive, team members and consultants. Those options are granted in accordance with the conditions of the CHARBONE stock option plan. Each Option allows its holder to purchase one common share of the Company at a price of $0.15 per common share for a period of two (2) years starting December 13, 2024.

$1M Non-Brokered Private Placement

Concerning the previously announced private placement with a first tranche announce on November 26, 2024 and a second and third tranches announced on December 3, 2024, the Company want to specify that the finder's warrants issued are all having the same terms as the Units issued which will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $ 0.05 for a period of 12 months following the closing dates of the Offering . Also, Mr. Mena Beshay, director of the Company, have subscribed for 360,000 Units in the second tranche announced on December 3, 2024. Mr. Benoit Veilleux, CFO and Mr. Mena Beshay, Director, were the only insiders that have subscribed in the private placement for a total of 1,260,000 Units. Such participations are not subject to the minority approval and formal valuation requirements under MI 61-101 since there is an applicable exemption from these requirements as neither the fair market value of the subject matter, nor the fair market value of the consideration of the transaction, insofar as it involves the interested parties, exceeded 25% of the Company's market capitalization.

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the 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 on Charbone Hydrogen and its projects, please visit www.charbone.com

And such a great structure! Holding for the day this booms and it will! The only question is when and how high does it go one it starts $3 $5 $10 

CHARBONE Hydrogen Secures Initial Tranche Of US$6 Million In Convertible Notes
(TheNewswire)

Charbone Hydrogen Corporation

Funding Advances Two North American Green Hydrogen Facilities and Electrolyzer Orders
Green Hydrogen Production Scheduled to Commence Within Weeks

Brossard, Quebec – TheNewswire - December 4, 2024 – CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), North America’s only publicly traded pure-play green hydrogen company, is proud to announce that it has closed a $2.1 million CAD (US$1.5M) unsecured convertible debt tranche to accelerate the funding of the construction of its first two green hydrogen production facilities located in Sorel-Tracy , Quebec and Detroit, Michigan, including orders of two electrolyzers for a total capacity of 5,0MW.

The Sorel-Tracy facility will serve as CHARBONE's flagship green hydrogen production site, with operations scheduled to begin in the coming weeks, following delivery of a pre-ordered electrolyzer in Q1 2025. Additionally, the implementation of a second green hydrogen project site is slated to be confirmed in the Detroit vicinity in the near future. In total, CHARBONE plans to build and deliver a network of sixteen (16) green hydrogen production facilities across North America by 2030.

The first tranche of the financing includes US$1.5 million (CA$2.1M) in gross proceeds through unsecured convertible notes with a 36-month term at a 12% annual interest rate, led by its US banker, maturing in December 2027 or convertible earlier, offered to one arm’s length investor.

“ Our ability to attract this significant investment solidifies CHARBONE’s position as a first mover and leader in the North American green hydrogen market,” said Dave Gagnon, Chief Executive Officer and Chairman of the Board. “ With production at Sorel-Tracy imminent, we are focused on generating near-term revenue, delivering value to shareholders, and advancing our vision of a modular green hydrogen network. This funding ensures we can execute our aggressive growth strategy while meeting industrial best practices and stakeholder expectations .”

The funds will be allocated to capital expenditures for engineering, equipment, infrastructure, and project management costs for the Sorel-Tracy and Detroit facilities. CHARBONE has placed US$1 million in deposits for two 2.5 MW electrolyzers from a leading global manufacturer with 17 years of experience and a proven track record. This industry leader, specializing in Alkaline and PEM technologies, has delivered over 300 units across five continents and holds more than 60 patents, with an annual production capacity exceeding 5 GW.


NOTE OFFERING DETAILS

The note offering closing of US$1.5 million (CA$2.1M) is part of a private placement led by its US banker of an aggregate principal amount up to US$6 million unsecured convertible notes for 36 months which shall bear interest at a rate of 12% per annum, accrued until maturity or conversion and where the principal amount is convertible into common shares of the Company ("Common Shares") at a conversion price of the greater of A) $0.10 CAD (or USD equivalent) or B) a price per share representing a discount of 20% to i) the share price reserved for a capital raise conducted by the Issuer, ii) the Market Price at the time of Change of Control Notice or iii) the Market Price at the time of Maturity, per Common Share, led by its US banker.

Charbone did pay a placement agent cash fee of ten percent (10.00%; US$0.15 million) as well as five-year, equity warrants for Common Shares equal to ten percent (10.00%; 1,500,000 warrants) exercisable at an exercise price of CA$0.10 per Common Share or USD equivalent ( "Warrants") in connection with the private placement. The Debentures and Warrants are subject to a restrictive legend expiring after four months and one day, as required by applicable securities laws and the policies of the TSX Venture Exchange. The private placement is subject to final acceptance by the TSX Venture Exchange and other customary closing conditions. The Company intends to close a second tranche in the coming days, but no later than January 3, 2025.

UPDATE ON THE AMENDMENT TO TERMS OF CONVERTIBLE DEBENTURES

Further to its news release dated June 10, 2024 announcing the agreement of principles to amend certain terms of the secured convertible debentures of the Company (each, a "Debenture" ) that were issued by the Company in connection with the private placement of debentures of an aggregate principal amount of CA$1.2 million of 14% secured convertible debentures , the Company is pleased to announce that it has met all requirements to request the final approval from TSX Venture Exchange to amend and issue the new Debentures.

About CHARBONE Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the 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 on CHARBONE Hydrogen and its projects, please visit www.charbone.com

Forward-Looking Statements

This news release contains statements that are “forward-looking information” as defined under Canadian securities laws (“forward-looking statements”). These forward-looking statements are often identified by words such as “intends”, “anticipates”, “expects”, “believes”, “plans”, “likely”, or similar words. The forward-looking statements reflect management's 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 “Risk Factors” in the Corporation’s 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.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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 .

Contacts Charbone Hydrogen Corporation

Dave B. Gagnon

Chief Executive Officer and

Chairperson of the Board

CHARBONE Hydrogen Corporation

Canada NewsWire

VANCOUVER, BC , Dec. 4, 2024 /CNW/ - The following issues have been halted by CIRO

Company: Charbone Hydrogen Corporation

TSX-Venture Symbol: CH

All Issues: Yes

Reason: Pending News

Halt Time (ET): 9:50 AM

CHARBONE HYDROGEN CORPORATION ("CH")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: October 2, 2024
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,800,000 common shares at a deemed price of $0.10 per common share to settle outstanding debt of $180,000.

Number of Creditors:

5 Creditors

For more information, please refer to the Company's news releases dated November 17, 2023, July 24, 2024, and September 18, 2024.

TSX-V:CH, OTCQB:CHHYF Charbone Hydrogen takes step toward North American expansion with new financing
November 26, 20242

Charbone Hydrogen takes step toward North American expansion with new financing

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced the successful first closing of its $1 million non-brokered private placement, raising $700,000 to advance its flagship green hydrogen production facility in Quebec.

The plant is slated to begin operations in the coming weeks, Charbone said in a statement.


The facility, Charbone’s flagship, is expected to solidify the company’s role as a leader in green hydrogen.

Production will follow the delivery and installation of a pre-ordered electrolyzer, ready for shipment to the site.

Charbone is aiming to establish a network of 16 green hydrogen production plants across North America by 2030.

Dave Gagnon, CEO and Chairman of Charbone Hydrogen, said :

This financing reflects growing confidence in Charbone’s leadership in North America’s green hydrogen sector,

“We are on track to commence production and deliver near-term revenue, while pursuing our vision to establish a network of 16 modular hydrogen production facilities by 2030.”


The funds raised in the initial tranche will support engineering and construction at the Sorel-Tracy site, equipment procurement, and preparation for a larger financing round. Charbone has issued 13,100,100 units as part of the offering, with each unit priced at $0.05. Each unit comprises one common share and one purchase warrant, allowing the holder to buy an additional share at $0.05 within 12 months of the closing date.

Charbone plans to raise an additional $300,000 through a second tranche of the private placement, which is expected to close by December 12, 2024.

DOE OCED National Briefing: Regional Clean Hydrogen Hubs Selections

U.S. National Clean Hydrogen Strategy and Roadmap

CHARBONE Hydrogen Initiates Discussion with Natural Hydrogen Exploration Companies, is Reviewing and Exploring the Potential to Create an Added-Value
V.CH | 11 hours ago
(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec – TheNewswire - September 18, 2024 – CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), North America’s only publicly traded pure-play green hydrogen company, is thrilled to announce its receipt of multiple partnership proposals from natural hydrogen exploration companies. These proposals position CHARBONE as a co-operator and distributor of this emerging form of clean and renewable hydrogen, known as “white hydrogen”.

Having long focused on green hydrogen projects, CHARBONE is now exploring to deepen its involvement in white hydrogen, to complement its future network of production facilities. By leveraging its extensive expertise in the hydrogen market, CHARBONE is poised to support exploration companies with services that will help accelerate the deployment of clean hydrogen across North America.

With a future network of at least 16 strategically located facilities throughout Canada and the U.S., CHARBONE will streamline the process of receiving, purifying, compressing, and distributing hydrogen to meet the growing demand. This capability allows CHARBONE to be a key player in the clean hydrogen supply chain, offering solutions that drive both innovation and efficiency.

“Charbone remains a leader in the green and clean hydrogen space, bringing unparalleled knowledge to the industrial market,” said Dave Gagnon, Chief Executive Officer and Chairman of the Board, CHARBONE Hydrogen. “While we continue to expand our green hydrogen production capabilities as well as our surrounding ecosystem, we are also exploring other clean hydrogen sources, such as white hydrogen. Our future initial investment in this area will be measured, but as we gain confidence in its potential, we will scale up to maximize shareholder value.”

CHARBONE’s green hydrogen production is set to begin later this year at its Sorel-Tracy, Quebec facility, with plans to launch a second site near Detroit, Michigan by year-end. The Company is also actively expanding its workforce and targeting additional high-potential markets, including New York, Ontario, Pennsylvania, Illinois, Wisconsin, and California. Additionally, CHARBONE has been invited to propose projects in two large-scale Requests for Information (RFIs). By 2030, the Company aims to establish 16 green hydrogen production facilities across North America.

Capital Management Update

In line with previous announcements on November 17, 2023, and July 24, 2024, CHARBONE has finalized remuneration debt settlements totaling $180,000 involving key management personnel, including the CEO. Following Exchange approval and disinterested shareholder consent on December 19, 2023, 1.8 million Common Shares have been issued to settle the debt. These shares are subject to a four-month statutory hold period.

About CHARBONE Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the 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). Learn more at www.charbone.com.

Federal government signs agreement with Germany to sell Canadian hydrogen
Trade deal comes despite lack of approval for World Energy GH2's proposed wind-to-hydrogen project

William Ping · CBC News · Posted: Mar 18, 2024 5:02 AM EDT | Last Updated: March 18

A memorandum of understanding signed in Germany on Monday positions hydrogen produced in Canada as a priority product for Germany. (CBC)
Canada and Germany have signed a memorandum of understanding to establish a trade program to sell hydrogen produced in Canada, including proposed projects in Newfoundland and Labrador, and Nova Scotia.

Federal Energy and Natural Resources Minister Jonathan Wilkinson said the agreement is "historic."

"It is a huge step forward and it is something that I think people in Newfoundland and Labrador can be enormously optimistic about in terms of the creation of jobs and prosperity," Wilkinson told CBC News on Sunday.

According to a press release from Natural Resources Canada, the memorandum, signed Monday, accelerates the hydrogen trade between Germany and Canada, with exports beginning as early as next year.

Canada has seen only two projects — Everwind and Bear Head Energy's respective Point Tupper plants in Nova Scotia — pass environmental assessment so far, although those projects still have to clear assessments for the wind farms that will power it.

The next closest is the World Energy GH2's proposed wind-to-hydrogen project on the Port au Port Peninsula in Newfoundland, which is still awaiting approval under the province's environmental assessment process.

That process will be respected, said Wilkinson, despite the memorandum. He said these types of deals need to be struck ahead of time so companies can safely invest in new industries, such as the hydrogen trade.

"Of course, World Energy and other proponents in Newfoundland and Labrador will have to go through the environmental assessment process," Wilkinson said. "They will have to ensure that they address concerns around impacts on the environment and on community concerns. But certainly we are creating a frame where we believe that projects once they proceed through that, assuming they do, can actually be commercially viable."

A man in a suit and glasses.
Energy and Natural Resources Minister Jonathan Wilkinson says the memorandum will lead to prosperity in Newfoundland and Labrador. (Sean Kilpatrick/The Canadian Press)
Under the memorandum, Germany's H2Global Foundation will support commercial transactions between Canada's hydrogen producers and Germany's industrial manufacturing and energy distribution sectors. It is being signed by both Wilkinson and the German Vice-Chancellor Robert Habeck in Hamburg at the Canada-Germany Hydrogen and Ammonia Producer-Offtaker Conference.

Indigenous representatives are also said to be present for the signing, including former Miawpukek First Nation chief Mi'sel Joe and Qalipu First Nation Chief Jenny Brake. Joe, who recently retired as administrative chief in his community, is a strategic adviser for World Energy GH2.

Feds tout potential economic impact
The statement, from Energy and Natural Resources spokesperson Carolyn Svonkin, says Atlantic Canada's hydrogen proponents are internationally competitive and "well positioned to move forward on export opportunities."

"They will use Atlantic Canada's abundant and untapped wind resources and immediate proximity to Atlantic shipping routes to become reliable suppliers of new clean energy exports globally."

According to the statement the government of Newfoundland and Labrador estimates that the four projects selected to move forward in the Crown land bidding process will have an overall economic impact on gross domestic product of $206 billion, create $11.7 billion in provincial revenue to the province of $11.7 billion, and employ 11,694 full-time equivalents at peak construction.

Wilkinson said the work on the memorandum began in 2022, when German Chancellor Olaf Scholz and Prime Minister Justin Trudeau signed a hydrogen agreement in Stephenville.

"We have been working very actively over the course of the past year and a half," Wilkinson said. "We have come to an understanding as to how we're going to structure a window that will match companies that actually want to purchase green hydrogen in Germany with people who are going to produce the hydrogen in Nova Scotia and Newfoundland and Labrador."

Two men wearing suits stand near a microphone in the rain. Canadian flags are in the background.
Prime Minister Justin Trudeau, left, signed a hydrogen agreement with German Chancellor Olaf Scholz in Stephenville during August 2022. (Adrian Wyld/The Canadian Press)
Wilkinson said the deal also holds important global implications beyond just trade, including fighting climate change and curbing Russia's economic advantages over European countries.

"They can actually rely either on themselves or on their friends and allies to supply the kinds of fuels that they are going to need going forward, so they're not dependent on dictators like Vladimir Putin," Wilkinson said.

"This kind of approach is something that addresses climate.… It addresses energy security. It addresses economic prosperity for Newfoundland and Labrador. And yes, we are making sure that we are doing this in a thoughtful way that addresses transportation, not just production."

Wilkinson said work is underway to ensure there are ports and infrastructure in Canada and Germany to facilitate the transport of hydrogen products.

World Energy GH2's environmental assessment is 4,000 pages long. The provincial government's verdict on it is expected to be released in April. (Colleen Connors/CBC)
Wilkinson reiterated that Monday's announcement does not guarantee that the World Energy project will move forward.

"We're not quite there yet," he said. "There's still some work to do."

However, he is optimistic that the project will move forward.

"I look forward to pushing this over the line and to being there when the ribbons are being cut."

RONN FINALIZES DEAL WITH THE TOBIQUE! THIS DEAL IS RELATED TO A $430 MILLION HYDROGEN TRADE AGREEMENT BETWEEN CANADA AND GERMANY!

SCOTTSDALE, AZ / ACCESSWIRE / August 15, 2024 / RONN Inc (OTC PINK:RONN) announced that the Company has officially forged a strategic partnership with the Tobique First Nation to develop hydrogen production and infrastructure, with an initial investment of $1 million from the First Nation. Mr. Ford added that this Agreement is expected to evolve into a multi-million-dollar partnership, providing both hydrogen infrastructure sales, ongoing operational income, FCEV truck sales, and future revenues from hydrogen sales.

Mr. Ford continued by stating that the Tobique First Nations plans to maximize the potential use of their new wind farm by working with RONN Inc. to evaluate and potentially produce power for hydrogen production, mirroring a recent significant 430 million dollar partnership between Canada and Germany.

https://www.cbc.ca/news/canada/newfoundland-labrador/canada-germany-hydrogen-deal-1.7146700

Julian Moulton stated, "Partnering with RONN INC. to develop hydrogen hubs within New Brunswick, the Tobique Nation, and surrounding areas presents a unique opportunity to capitalize on the growing clean energy market and the Net Zero clean emissions initiative. This initiative promises economic benefits, environmental stewardship, and technological leadership, making it a compelling investment for sustainable future growth."

Mr. Moulton highlighted the importance of hydrogen technologies in achieving a Net Zero environment, and the importance of the execution of this contract following productive discussions with local leaders and industry CEOs. This collaboration is set to involve various stakeholders, including Tobique First Nation taking the lead, local city officials, and private commercial industries to ensure the sustainable growth of the region.

https://finance.yahoo.com/news/ronn-inc-signs-hydrogen-development-121500158.html

"In March of 2024, US$750 million from the US Department of Energy was earmarked for 52 projects across 24 states aimed at advancing electrolysis technologies and building out US manufacturing capacity for the production of electrolyzers, fuel cells and clean hydrogen.

Not to be outdone by their neighbors to the south, as part of its annual budget the Government of Canada is proposing the Clean Hydrogen Investment Tax Credit, which will reimburse green and blue hydrogen developers up to 40 percent of taxes paid — based on lifecycle emissions — on the purchasing and installing of eligible equipment.

In addition to that tax credit, manufacturers of made-in-Canada electrolyzers, hydrogen refueling systems, batteries, wind turbines and solar panels will be able to take advantage of the Clean Technology Investment tax credit, which provides a 30 percent tax rebate on manufacturing costs. In May of 2024, the Government of Canada put up C$10 million for the launch of a clean hydrogen hub at Simon Fraser University's Burnaby campus in British Columbia."

https://www.nasdaq.com/articles/now-good-time-invest-hydrogen-updated-2024

Yup, the news is definitely positive, I think Charbone will possibly explode in the future, when they really get going

Any hope for this one...I'm in another H stock and it's moving slowly

Also always checking their website $CHHYF https://www.charbone.com/en/information-boursiere

$CHHYF So much potential... https://www.proactiveinvestors.com/companies/news/1046476/charbone-hydrogen-eyes-expansion-after-robust-2023-performance-1046476.html

$CHHYF valuation $60 million+ market cap only $6.7 million Lets GOOO!

https://investingnews.com/charbone-hydrogen-receives-independent-valuation-of-us-60-8-million-and-anticipates-significant-growth-economics-for-north-american-green-hydrogen-production-facilities-rollout/

Yup think Charbone $CHHYF will explode soon, definitely a long term hold!

Holding for the explosion north! This thing trades so thin and hydrogen is proving to be a better long term fuel as compared to battery power

$CHHYF

Sign up for email news & updates regarding Charbone Hydrogen Corporation on their website here; https://www.charbone.com/en/information-boursiere

46,520,000 OS only on $CHHYF website, small float for a QB OTC; https://www.charbone.com/en/information-boursiere

$CHHYF is QB, OTCQB a higher level OTC with a small float https://www.otcmarkets.com/stock/CHHYF/overview

$CHHYF small FLOAT only 91.95 million shares

Their website $CHHYF; https://www.charbone.com/en/accueil

Looks like $CHHYF are going to possibly ramp up their public relations;

https://investingnews.com/charbone-hydrogen-announces-marketing-and-investor-awareness-group-additions-and-grant-of-stock-options/

$CHHYF North America's only publicly traded pure-play green hydrogen company, is pleased to announce that the City of Sorel-Tracy and Charbone Hydrogen Québec Inc, a wholly owned subsidiary of Charbone, have finalized all arrangements to move forward on next steps towards site construction of the area's first green hydrogen facility on land along Highway 30's "Steel Highway".

https://investingnews.com/charbone-hydrogen-finalizes-arrangements-with-city-of-sorel-tracy-to-kick-off-green-hydrogen-project-build-in-quebec/

https://www.charbone.com/en/nouvelles

https://fuelcellsworks.com/news/charbone-hydrogen-announces-purchase-sale-agreement-with-northwoods-hydropower-inc-for-the-acquisition-of-a-hydropower-plant-in-shawano-wisconsin-and-a-1-2m-debenture-financing-with-a-group-lead/