Company
Charbone Corporation
Ticker
TSXV: CH | OTCQB: CHHYF | FSE: K47
Listings
TSX Venture (Canada) | OTCQB (USA) | Frankfurt (Germany)
Market cap
~C$32.6 million
Share price
C$0.145 (at time of publication)
Market size
The global hydrogen market is poised for significant growth, with projections indicating a rise from USD 225.12 billion in 2025 to USD 312.90 billion by 2030, at a CAGR of 6.8%.
Industry
Clean UHP hydrogen production & industrial gases distribution
Website
https://www.charbone.com/

MALMÖ, Sweden, January 13th, 2026

Charbone Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) announced it has closed a non-brokered private placement for gross proceeds of $3.1 million. The company said the financing strengthens its balance sheet and provides resources for Phase 1B at its Sorel-Tracy site, with CFO and Corporate Secretary Benoit Veilleux stating Phase 1B is expected to increase clean UHP hydrogen production capacity by 4.5x, reaching almost 1 tonne per day.

Private placement terms

-Charbone is issuing 23,614,286 Units at $0.13125 per Unit.

-Each Unit consists of one common share + one common share purchase warrant.

-Warrants are exercisable at $0.18 for 24 months from closing, with an acceleration feature requiring exercise within 30 days if the shares trade at $0.30 or higher for 10 consecutive trading days on the TSX Venture Exchange.

-Use of proceeds: primarily for the purchase and installation of Phase 1B hydrogen equipment at Sorel-Tracy, plus general working capital.

-At closing, Charbone paid a finder’s fee of $247,950 and issued 1,889,143 finder’s warrants to registered dealers tied to certain subscriptions.

-The closing remains subject to TSX Venture Exchange approval and customary conditions.

Why this matters for investors

From an ESG standpoint, the raise is explicitly tied to scaling “clean Ultra High Purity (UHP) hydrogen” capacity through Phase 1B at Sorel-Tracy. For investors, the structure pairs near-term execution funding with a warrant package that can accelerate into the market under defined price performance conditions—creating leverage to both operational progress and share-price momentum.

ESGFIRE is a Swedish investment company and research firm that focuses on companies with either an environmentally friendly service or product. By only investing in environmentally friendly companies, ESGFIRE have outperformed the major indexes for several years. We have a track record of over 1000 % returns since 2018 using our own proven method of identifying high potential ESG companies.

Contact details
Website:  www.esgfire.com
CEO: Filip Erhardt
Email:  Filip@esgfire.com
Telephone:+46701609605

 

Legal Disclaimer

This post is based upon reliable sources, namely regulated press releases from the company and investor presentations. Nevertheless, this post may contain interpretations, estimates, or opinions of the authors, or other non-factual information. If that is the case, this is continuously stated above. Furthermore, any projections, forecasts, or similar are explicitly stated as such. The author holds shares and/or other securities of this company and the relevant company may or may not have paid the author for this content. . Because of the above, ESGFIRE urges the visitors to always analyze all materials critically in an objective manner, e.g., concerning the reliability of the relevant source and of what constitutes the authors’ personal interpretations. The visitor is hereby reminded that the post does, as set forth in the Post, contain interpretations, estimates, or opinions of the authors. This post was written by Filip Erhardt, at ESGFIRE, published 13/1 2026  by Filip Erhardt.

 

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