Charbone Hydrogen Corporation (TSE:CH) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Charbone Hydrogen Corporation has renegotiated the terms of its convertible debentures with a Finexcorp-led group, extending the maturity date to October 2025, decreasing the annual interest rate to 12%, and lowering the conversion price to $0.10 per share. This strategic financial move aims to bolster the company’s plans to establish green hydrogen production facilities in North America.
For further insights into TSE:CH stock, check out TipRanks’ Stock Analysis page.