Charbone Hydrogen Reports Financial and Operational Results for Q2 2025, Construction on Track

August 29, 2025 — Leads & Copy — Charbone Hydrogen Corporation (TSXV: CH, OTCQB: CHHYF, FSE: K47) reported its financial and operational results for the three and six-month periods ending June 30, 2025. The company is focused on producing and distributing ultra-pure green hydrogen in North America.

Construction of the Sorel-Tracy plant has commenced, with Hydro-Québec completing the electrical interconnection and metering installation. The city has connected the water supply, and contractors have begun civil works, keeping the project on track for production this fall.

Key highlights from Q2 2025 include a 39% decrease in net loss to $444,542 compared to $729,425 in 2024. Charbone also recognized initial revenues from a collaboration agreement to support a green hydrogen development project in Malaysia.

The company closed units for debt settlement of $1,273,702, shares for management debt settlement of $310,000, and warrant exercises totaling $575,022. Charbone also announced a financing agreement for a construction capital facility of up to US$50 million and a supply agreement with a U.S. industrial gas producer to broaden its customer offerings.

Benoit Veilleux, CFO and Corporate Secretary of Charbone, stated that management is motivated to continue structuring transactions to preserve cash as Charbone transitions into execution mode to unlock its growth potential.

Benoit Veilleux, CFO and Corporate Secretary, ir@charbone.com, +1 450 678 7171

Source: Charbone Hydrogen Corporation