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Charbone Corporation offers investors exposure to the rapidly expanding clean ultra high purity (UHP) hydrogen<\/u> and specialty gases market through a modular, capital-efficient strategy that accelerates deployment and revenue generation. With first helium and UHP hydrogen deliveries, successful financings, and a growing network of long-term supply agreements, the company is entering a pivotal commercial phase supported by robust industry and policy tailwinds.<\/p>\n<\/div>\n Charbone Corporation (TSXV:CH<\/u>,OTCQB:CHHYF,FWB:K47) is an integrated company specialized in clean UHP hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of clean UHP hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks and increases flexibility.<\/p>\n<\/div>\n Charbone has accelerated its growth trajectory, negotiating a US$50 million financing, as one of possibilities in its toolbox, to expand across North America, executing a US$1 million collaboration agreement to advance a clean UHP hydrogen project in Malaysia, and achieving multiple milestones at its flagship Sorel-Tracy<\/u> facility in Quebec. In 2025, the company completed the construction and equipment installation at Sorel-Tracy and began commissioning, after acquiring from Harnois \u00c9nergies and relocating the operating hydrogen production and refueling equipment to the site to enable faster commissioning and earlier hydrogen sales.<\/p>\n Charbone also launched its Industrial Gases Distribution Division and made its first helium delivery of 161,000 cubic feet of helium to an independent distributor in the Greater Toronto Area, underpinned by a three-year supply agreement. The company also signed a five-year clean UHP hydrogen supply contract with an Ontario-based distributor, with first deliveries scheduled to begin in December 2025. These agreements mark the company\u2019s entry into the Ontario market and its integration into the North American specialty gases supply chain.<\/p>\n With its exclusive focus on clean UHP hydrogen, Charbone is positioning itself as a first mover in a multi-billion-dollar market. Leveraging Canada\u2019s hydroelectric power and expanding nuclear capacity, Charbone plans to deliver sustainable hydrogen solutions that meet rising demand from both governments and global industries.<\/p>\n<\/div>\n Charbone forged strong partnerships to execute its business model. Here\u2019s where it gets cool: renewable hydroelectricity powers electrolyzers that split water into hydrogen and oxygen. Purification skids then crank it up to 99.999% purity \u2013 true industrial grade. This hydrogen production model serves everything from fuel-cell fleets and semiconductor fabs to specialty metal processing and next-gen refueling stations.<\/p>\n Charbone isn\u2019t flying solo. The company has built a network of strategic partners across production, infrastructure and commercial distribution, including:<\/p>\n Charbone\u2019s memorandum of understanding (MOU) with ABB includes the development of up to 16 modular and scalable green hydrogen production facilities across North America over the next five years. Under the MOU, ABB will support Charbone in standardizing basic engineering for systems and components across its project portfolio to increase energy efficiency and reliability.<\/p>\n Among the sites covered by the collaboration is Charbone’s flagship Sorel-Tracy facility near Montreal in Quebec, Canada. In 2025, the project reached several major milestones: the safe reception and transfer of all major hydrogen production components, the launch and completion of civil works, and the equipment installation and the start of Phase 1a commissioning on schedule in November 2025. These advances were enabled by Charbone\u2019s acquisition from Harnois \u00c9nergies and relocation of operating hydrogen production assets, accelerating deployment and reducing capital requirements.<\/p>\n The construction of its Sorel-Tracy facility is being done with the participation of EBC, one of the largest construction companies in Quebec. EBC has a proven track record of designing and building facilities in Canada and the US. The partnership agreement gives EBC the right of first refusal to construct additional Sorel-Tracy phases, as well as one or all of Charbone\u2019s facilities within the North American market.<\/p>\n<\/div>\n In addition, Charbone has entered into several other strategic partnerships, all aimed at expanding its footprint in North America. The company entered into a special consultancy agreement with Enki G\u00e9oSolutions for potential partnership proposals as a co-operator and distributor of an emerging form of clean and renewable hydrogen, known as white or natural hydrogen.<\/p>\n In June 2024, Charbone executed a supply agreement for a complete containerized electrolyzer system ready for shipment to its flagship clean UHP hydrogen site in the City of Sorel-Tracy, Quebec. Since then, the company has completed grid and water connections, obtained its first hydrogen tube trailer for bulk transport, and introduced a dedicated helium tube trailer to support new commercial activity in Ontario. These logistics capabilities now support both hydrogen and helium deliveries<\/u> under multi-year supply agreements<\/u>.<\/p>\n Charbone also signed commercial supply agreements (CSAs) with a top-tier US industrial gas producer and distributor. The first CSA secures hydrogen supply ahead of Charbone\u2019s own production, while the second expands its product offerings to include helium and other industrial gases. In 2025, this relationship expanded into a broad strategic alliance, strengthening Charbone\u2019s access to high-value gases and enhancing its commercial footprint across North America.<\/p>\n This partnership allows Charbone to sell hydrogen produced at the Sorel-Tracy facility to Certarus, a subsidiary of Superior Plus. Such supply agreements ensure that Charbone can generate cash flow immediately following the commencement of production.<\/p>\n The agreement with NEK Community Broadband ensures the supply of green hydrogen in the Northeast Kingdom of the state of Vermont, USA. NEK Broadband is building a high-speed broadband infrastructure and plans to install a hydrogen fuel cell backup system for a reliable power supply.<\/p>\n Further advancing its goal of US expansion, Charbone signed a memorandum of understanding in December 2023 with Michigan\u2019s Oakland County Economic Development Department to set up Charbone\u2019s first clean UHP hydrogen facility in the US. Oakland County is home to major automakers, and a clean UHP hydrogen facility in their proximity will support the effort of producing environmentally friendly mobility options.<\/p>\n Being the only publicly listed clean UHP hydrogen player in Canada, Charbone offers investors a unique opportunity to participate in the rise of Clean UHP hydrogen as a potential low-emitting alternative to fossil fuels.<\/p>\n<\/div>\n Dave Gagnon has been chairman and chief executive officer of Charbone Corporation since April 21, 2022. With over 20 years of executive leadership experience in Cleantech, Wind Power, Hydropower, Lithium Resources, and Industrial Gases, he has built a career focused on scaling innovative infrastructure, accelerating sustainable energy solutions, and leading cross-border growth initiatives in high-impact sectors.<\/p>\n Benoit Veilleux was appointed as the CFO of Charbone on August 15, 2022. Veilleux has over 15 years of experience in corporate accounting and finance. He began his professional career at KPMG in 2003, where he managed and coordinated audit teams for public companies until 2010. Since then, he has worked with a number of companies including Air Liquide Canada and the Hypertec Group.<\/p>\n Daniell Charette has been the chief operating officer of Charbone since February 2019. He brings over 25 years of experience in running and managing renewable energy companies. He has worked in senior leadership roles with several renewable companies including NEG Micon A\/S, Vestas and Brookfield Power. He has served on various association boards and councils, including the Canadian Wind Energy Association, Association Qu\u00e9b\u00e9coise des Producteurs d\u2019\u00c9nergie Renouvelable, and Latin Wind Energy Association.<\/p>\n Francois Vitez is a hydropower and energy storage expert with more than 24 years of experience in development, engineering and construction management as well as operations and maintenance of hydropower and energy storage projects in North America and internationally. He is a board member and chair of the Value of Hydropower committee at Waterpower Canada, vice-chair of the Energy Storage Association of Canada, board member of the California Energy Storage Association, and member of the International Hydropower Association.<\/p>\n Patrick Cuddihy is a seasoned operations leader with over 20 years of experience at Air Liquide Canada, to its hydrogen operations team. Patrick brings a wealth of expertise in managing industrial gas production and distribution, having held senior roles including network sales director for Quebec Region, general manager for Pacific Region, director of procurement services, and director of logistics and assets for the Eastern Region.<\/p>\n Jean Watelle is an engineer with more than 25 years of experience in technical and manufacturing management, including 11 years as director, hydrogen and site operations, large industries – Eastern Region at Air Liquide Canada, five years in Lean Manufacturing and as a Tier 1 specialist for Chrysler and Ford. Known for his dynamism, creativity and excellent knowledge of continuous improvement tools, Watelle enjoys successfully completing stimulating challenges with a committed team.<\/p>\n<\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Investor Insight Charbone Corporation offers investors exposure to the rapidly expanding clean ultra high purity…<\/p>\n","protected":false},"author":1,"featured_media":5534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/posts\/5533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/comments?post=5533"}],"version-history":[{"count":0,"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/posts\/5533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/media\/5534"}],"wp:attachment":[{"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/media?parent=5533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/categories?post=5533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moderncryptotrader.com\/index.php\/wp-json\/wp\/v2\/tags?post=5533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} Overview <\/h3>\n
Company Highlights <\/h3>\n
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Project Pipeline and Key Partnerships <\/h3>\n
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Superior Plus<\/h3>\n
NEK Community Broadband<\/h3>\n
Oakland County Economic Development Department, Michigan<\/h3>\n
Management Team <\/h3>\n
Dave Gagnon \u2013 Chairman and CEO<\/h3>\n
Benoit Veilleux \u2013 Chief Financial Officer<\/h3>\n
Daniell Charette \u2013 Chief Operating Officer<\/h3>\n
Francois Vitez \u2013 Director<\/h3>\n
Patrick Cuddihy \u2013 Industrial Gases Operations Team<\/h3>\n
Jean Watelle \u2013 Hydrogen Production<\/h3>\n