Charbone Hydrogene a emis des debentures convertibles de remplacement de 2M$

Executive Summary

• Charbone Hydrogen Corporation announced the issuance of replacement convertible debentures totaling $2,050,000, approved by the TSX Venture Exchange.
• The new debentures carry a 12% annual interest rate, mature on 30 Sept 2026, and have a conversion price of $0.07 per share (down from $0.10).
• Proceeds are earmarked to accelerate funding for the acquisition of hydrogen production equipment announced on 5 Sept 2025, supporting the company’s growth strategy.

Key Details

• Replacement debentures were issued on 30 Sept 2025 for a total principal amount of $2,050,000.
• Interest: 12% per annum; Maturity: 30 Sept 2026.
• Conversion price: $0.07 per share (previously $0.10).
• Legal hold period in Canada: four months.
• Original debentures (pre‑modification) totaled $1,746,366 with the same 12% rate and a conversion price of $0.10; an additional $303,634 cash was received at issuance.
• Prior expiry dates were 30 Sept 2025 and 31 Oct 2025 before amendment.
• The company references earlier debenture issuances and amendments (e.g., $400,000 series expiring 30 Sept 2025; $1,346,366 series expiring 31 Oct 2025) with links to prior press releases for full history.
• Use of proceeds: accelerate cash inflows needed to fund the acquisition of hydrogen production equipment and related costs announced on 5 Sept 2025.
• Charbone will issue a follow‑up release once the equipment acquisition closes, marking the start of equipment dismantling processes.

Notable Quotes

• Benoit Veilleux, Chief Financial Officer & Corporate Secretary: “The issuance of these replacement debentures provides us with the necessary capital to fast‑track our equipment acquisition, reinforcing our commitment to expanding green hydrogen production.”