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Financings

Kleen Hy-dro-gen lists shares on CSE

By The Northwire Desk — AI Analysis Sep 09, 2025 · 20:52 KLN · 0.45 Kleen Hy-dro-gen Inc
KLN · Price

Executive Summary

  • The Canadian Securities Exchange (CSE) welcomed the listing of Kleen Hy-dro-gen Inc. (Ticker: KLN) following a reverse takeover of an unlisted public company.
  • The listing was accompanied by a subsequent $4-million equity offering.
  • Kleen Hy-dro-gen is a clean-tech company based in Pickering, Ontario, focused on delivering zero-emissions residential and commercial heating solutions using on-demand hydrogen technology.

Key Details

  • Listing Details: The company's non-voting Class B shares began trading on the CSE under the ticker symbol "KLN".
  • Transaction Structure: The listing followed a reverse takeover of an unlisted public company.
  • Financing: A $4-million equity offering was completed in conjunction with the listing.
  • Company Profile: Kleen Hy-dro-gen is a clean-tech firm headquartered in Pickering, Ontario.
  • Core Product: The flagship product is the "Kleenheat furnace," a zero-emissions residential heating system that produces hydrogen and oxygen gas on demand to create emission-free heat.
  • Strategic Goals: The company aims to support government net-zero targets and is preparing for broader market availability in both residential and commercial sectors post-listing.
  • Management Commentary: CEO Thomas Fairfull stated that the listing provides enhanced visibility, improved access to capital markets, and opportunities to share the company's vision with a broader investor community.
  • Exchange Commentary: James Black, CSE Vice-President, Listings Development, described Kleen as an addition to the CSE's clean-tech cohort, noting hydrogen as an interesting alternative to fossil fuels for homeowners.

Notable Quotes

  • "Kleen is another addition to the exciting cohort of clean-tech stocks listed on the CSE... With homeowners looking for cleaner and more reliable ways to heat their homes, hydrogen represents an interesting alternative to traditional fossil fuels." — James Black, CSE Vice-President, Listings Development
  • "Today marks an exciting milestone for our company as we begin trading on the Canadian Securities Exchange. Listing on the CSE provides us with enhanced visibility, improved access to capital markets and the opportunity to share our vision with a broader investor community." — Thomas Fairfull, President and CEO, Kleen Hy-dro-gen
Read the original news release →