CHARBONE Hydrogene securise les actifs de production d'hydrogene d'Harnois Energies pour accelerer la production d'hydrogene propre a ultra haute purete a Sorel-Tracy

Executive Summary

• Charbone Hydrogen announced it has taken possession of Harnois Énergies Inc.’s hydrogen production and refueling assets, enabling first UHP‑grade clean hydrogen production at its Sorel‑Tracy plant by early Q4 2025.
• As consideration, Charbone issued 13,333,334 common shares at $0.075 per share (≈ $1 million) to Harnois, with additional cash payments to be made in installments over the next two years.
• The transaction is expected to substantially reduce capital‑installation costs and accelerate market entry compared with building new facilities.

Key Details

• Asset Transfer: Full ownership of Harnois Énergies Inc.’s hydrogen production and refueling assets transferred to Charbone on 7 Oct 2025.
• Production Timeline: First UHP clean‑hydrogen output at the Sorel‑Tracy flagship plant targeted for early Q4 2025.
• Equity Consideration: 13,333,334 Charbone common shares issued at $0.075 per share, representing a cash‑equivalent value of approximately $1 million to Harnois.
• Cash Component: Additional cash consideration to be paid in staggered tranches over a two‑year period (specific amounts and schedule not disclosed).
• Strategic Rationale: Utilization of proven, operational hydrogen equipment reduces capex and shortens time‑to‑market versus new system deployment.
• Shareholder Impact: Harnois becomes a significant shareholder in Charbone, aligning long‑term strategic interests.

Notable Quotes

“C’est un moment de transformation pour CHARBONE,” said Dave B. Gagnon, CEO of CHARBONE. “Grâce à ces actifs, nous commencerons la production d'hydrogène propre à UHP à Sorel‑Tracy beaucoup plus tôt que prévu, tout en optimisant l'efficacité de nos investissements.”