Charbone Hydrogen Corporation (TSXV: CH, OTC: CHHYF; OTCQB: CHHYF; FSE: K47), North America's only publicly traded pure-play company focused on green hydrogen production and distribution, is announcing regarding the previously announced, on June 3, 2025, closing of Units for debt settlements that, following discussions with the TSX Venture Exchange, the Company had to revise the total amount and number of units to be issued.
The Company has settled with certain arm's-length suppliers a total of $1,273,702, payable through the issuance of units. A total of 16,982,689 units will be issued upon closing, at a conversion price of $0.075 per unit. Any debt settlement will be documented in a formal agreement and is subject to final approval by the TSX Venture Exchange.
>> In Other News: Charbone Hydrogen Announces Updates on Units for Debts
CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH, OTC: CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com.
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