Charbone Hydrogen Corporation logo

Charbone Hydrogen Corporation (CHHYF)

Market Closed
12 Dec, 20:00
OTCQB OTCQB
$
0. 19
+0.02
+13.64%
$
7.64M Market Cap
- P/E Ratio
0% Div Yield
13,000 Volume
- Eps
$ 0.17
Previous Close
Day Range
0.17 0.19
Year Range
0.03 0.31
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Charbone Hydrogen signs term sheet for up to $50M construction capital facility

Charbone Hydrogen signs term sheet for up to $50M construction capital facility

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has inked a non-binding term sheet for a construction capital facility of up to $50 million with an international renewable energy infrastructure fund manager. The green hydrogen company said the agreement, which carries a six-month term, is aimed at supporting Charbone's deployment strategy across its production and distribution network in North America.

Proactiveinvestors | 7 months ago
Charbone Hydrogen posts revenue growth, cuts costs ahead of green hydrogen facility launch

Charbone Hydrogen posts revenue growth, cuts costs ahead of green hydrogen facility launch

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) saw its annual revenue rise 15% in 2024 as it progresses towards launching green hydrogen production at its Sorel-Tracy facility in 2025. Revenue climbed to C$325,753 for the year ended December 31, 2024, up from C$282,724 in 2023, driven by continued contributions from its Wolf River hydroelectric operations.

Proactiveinvestors | 7 months ago
Charbone Hydrogen secures key supply deals with US industrial gas leader

Charbone Hydrogen secures key supply deals with US industrial gas leader

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has entered into Commercial Supply Agreements with a Tier 1 US industrial gas producer and distributor. The first agreement provides Charbone with access to hydrogen supply ahead of its own production, ensuring availability for its customers.

Proactiveinvestors | 8 months ago
Charbone Hydrogen taps ABB to advance green hydrogen network

Charbone Hydrogen taps ABB to advance green hydrogen network

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has signed a Memorandum of Understanding (MoU) with ABB to collaborate on the development of up to 15 modular and scalable green hydrogen production facilities across North America over the next five years. The company said this MoU will position ABB as the preferred supplier of modular and standard electrical substations (eHouses) for connecting production facilities to local utilities.

Proactiveinvestors | 9 months ago
Charbone Hydrogen prepares for final power connection at Sorel-Tracy green hydrogen facility

Charbone Hydrogen prepares for final power connection at Sorel-Tracy green hydrogen facility

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has provided an update on the construction progress and interconnection with utility provider Hydro-Québec at its flagship green hydrogen project in Sorel-Tracy, Québec.   The company announced that the installation of the interconnection power line, including the necessary cables and wires, has been completed according to schedule as of earlier this week.

Proactiveinvestors | 9 months ago
Charbone Hydrogen nominates seasoned executive as new board member

Charbone Hydrogen nominates seasoned executive as new board member

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has nominated Jean-Claude Gonneau to join its board of directors, with his election set for the company's upcoming Annual General and Extraordinary Meeting being held on March 28.   The company said Gonneau brings more than 40 years of experience in investment banking and corporate strategy, having held leadership roles at firms including BNP Paribas, First Boston Corporation, and Duet Asset Management.

Proactiveinvestors | 10 months ago
Charbone Hydrogen secures grid connection for Sorel-Tracy green hydrogen project

Charbone Hydrogen secures grid connection for Sorel-Tracy green hydrogen project

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has received confirmation from Hydro-Quebec that its flagship Sorel-Tracey green hydrogen project will be officially connected to the grid on or before March 4, 2025. The company highlighted this milestone guarantees clean energy for the project to start producing green hydrogen.

Proactiveinvestors | 11 months ago
Charbone Hydrogen prepares to unlock value with first green hydrogen production in 2025

Charbone Hydrogen prepares to unlock value with first green hydrogen production in 2025

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) is gearing up for a pivotal year in 2025 with the production of green hydrogen from renewable energy sources set to begin soon at its flagship Sorel-Tracey facility in Quebec.  “Production should be starting in about three months,” Charbone CFO Benoit Veilleux told Proactive.

Proactiveinvestors | 11 months ago
Charbone Hydrogen announces board transition

Charbone Hydrogen announces board transition

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has announced the appointment of Denis Crevier to its board. Crevier brings over 40 years of experience as an executive, corporate director, and senior advisor in the development, financing, and management of multisector infrastructure projects, the company said.

Proactiveinvestors | 11 months ago
Charbone Hydrogen secures $2.1M to advance North American green hydrogen facilities

Charbone Hydrogen secures $2.1M to advance North American green hydrogen facilities

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has closed a C$2.1 million (US$1.5 million) unsecured convertible debt tranche to support the construction of its first two green hydrogen production facilities in Sorel-Tracy, Quebec, and Detroit, Michigan. The Sorel-Tracy facility, set to begin operations in the coming weeks, will serve as Charbone's flagship site.

Proactiveinvestors | 1 year ago
Charbone Hydrogen completes final tranche of private placement

Charbone Hydrogen completes final tranche of private placement

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has closed the third and final tranche of its $1 million non-brokered private placement. This final tranche raised an additional $193,000 through the issuance of 3,850,000 units priced at $0.05 each.

Proactiveinvestors | 1 year ago
Charbone Hydrogen raises further funds as flagship site production nears

Charbone Hydrogen raises further funds as flagship site production nears

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has completed the second tranche of a $1 million fundraiser to accelerate completion of its flagship hydrogen production site. Some $0.163 million was raised through the second tranche, taking proceeds from the non-brokered private placement to $0.818 million so far, Charbone said on Tuesday.

Proactiveinvestors | 1 year ago
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