Charbone Hydrogen Corporation (TSE:CH) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Charbone Hydrogen Corporation has secured $2.1 million CAD in convertible notes to advance the construction of two green hydrogen facilities in Quebec and Michigan. The funding will support the imminent start of operations in Sorel-Tracy and plans for a wider network of 16 facilities across North America by 2030. This move solidifies Charbone’s leadership in the green hydrogen market, aiming for near-term revenue and shareholder value.
For further insights into TSE:CH stock, check out TipRanks’ Stock Analysis page.