Charbone Hydrogen Secures $2.05 Million Debt Restructuring to Advance Green Hydrogen Strategy

Charbone Hydrogen Corporation has executed replacement debentures totaling $2,050,000, fundamentally restructuring terms of existing secured convertible debentures initially issued via private placement. The comprehensive modification extends the maturity date from September and October 2025 to September 30, 2026, providing the company with additional operational runway. The convertible balance increases from $1.7 million to $2.1 million while preserving a 12% annual interest rate payable monthly, and the conversion price decreases from $0.10 to $0.07 per common share, potentially making equity conversion more attractive to debenture holders.

This revised financing arrangement awaits approval from the TSX Venture Exchange, where Charbone trades under the symbol CH. Benoit Veilleux, Chief Financial Officer and Corporate Secretary, emphasized that these adjustments deliver enhanced financial flexibility by substantially extending maturities and supplying supplementary capital to finalize the acquisition of operational hydrogen production and refueling equipment announced on September 5, 2025. The restructuring aligns with Charbone's broader strategy to optimize its capital structure while accelerating its first-mover advantages in the competitive green hydrogen sector.

Charbone concentrates on ultra-high purity hydrogen production and industrial gas distribution throughout North America and the Asia-Pacific region, implementing a modular network methodology that collaborates with established industry participants to supply helium and specialty gases without developing new infrastructure. This approach minimizes capital expenditure while maximizing market penetration. Investors seeking additional corporate information can visit https://www.charbone.com. Regulatory documentation, including the company's filing statement that elaborates on risk factors, is accessible through https://www.sedar.com.