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Charbone Hydrogen Corp., North America鈥檚 only publicly traded pure-play green hydrogen producer, announced today it has signed a non-binding term sheet for a construction capital facility of up to $50 million. The agreement is with an international fund manager specializing in renewable energy infrastructure and carries a six-month term.

Additional details about the financing are expected to be shared within the next 30 days, the company said.

鈥淭his term sheet represents a key milestone for Charbone and its stakeholders,鈥� said Dave Gagnon, president and CEO of Charbone Hydrogen. 鈥淚t supports our strategy to combine multiple sources of financing to advance our deployment plans and accelerate growth.鈥�

The facility is intended to bolster Charbone鈥檚 efforts to expand its network of green hydrogen production facilities across North America. The company uses renewable energy-powered electrolysis to produce hydrogen, providing a cleaner alternative to traditional fossil fuel-based methods.

As demand for low-carbon energy solutions continues to rise, the $50 million in prospective funding will help support construction initiatives that are central to Charbone鈥檚 mission of enabling the transition to a clean hydrogen economy.

Gagnon emphasized the importance of flexible financing in scaling up infrastructure: 鈥淲e see this facility as an important piece of our capital strategy and are committed to updating our stakeholders as we finalize the agreement.鈥�

Charbone is based in Canada and trades on the TSX Venture Exchange. The company is focused exclusively on the production and distribution of green hydrogen and aims to be a leader in sustainable energy solutions throughout North America.

Charbone Hydrogen Corp. is an integrated green hydrogen company with a strategic focus on the distribution of industrial gases across North America. While actively developing a modular network of green hydrogen production facilities, the company also capitalizes on commercial partnerships to supply hydrogen, helium, and other industrial gases鈥攚ithout the need for capital-heavy infrastructure.

This dual approach allows Charbone to generate diversified revenue streams, minimize operational risks, and maintain agility in responding to market demands. By balancing in-house production with third-party supply, the company is able to serve a broader customer base while building out its long-term hydrogen infrastructure.

Charbone remains the only publicly traded pure-play green hydrogen company in North America. Its shares are listed on the TSX Venture Exchange under the symbol CH, the OTCQB market under CHHYF, and the Frankfurt Stock Exchange under K47.

As the clean energy transition accelerates, Charbone鈥檚 strategy positions it to play a leading role in the emerging green hydrogen economy. Through innovation, partnerships, and a focus on scalable growth, the company aims to drive sustainable energy solutions across the continent.