Charbone Hydrogen Extends Financing Deadline Amid Investor Interest

An update from Charbone Hydrogen Corporation ( (TSE:CH) ) is now available.

Charbone Hydrogen Corporation announced a 30-day extension for its private placement financing of up to US$6 million in unsecured convertible debt, following significant interest and advanced discussions with US investors. The extension allows the company to finalize these discussions and potentially increase its funding, which could strengthen its position in the green hydrogen market. Additionally, Charbone has announced its 2023 Annual General and Extraordinary Meeting of Shareholders scheduled for March 28, 2025, with further details to be communicated to shareholders.

More about Charbone Hydrogen Corporation

Charbone Hydrogen Corporation is an integrated green hydrogen company dedicated to establishing a network of modular green hydrogen production facilities throughout North America. The company focuses on utilizing renewable energy to produce eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility needs. Charbone is the only publicly traded pure-play green hydrogen company listed on the TSX Venture Exchange, OTC Markets, and the Frankfurt Stock Exchange.

YTD Price Performance: -25.00%

Average Trading Volume: 522,206

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$8.03M

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