Charbone Hydrogen Corp V.CH

Alternate Symbol(s): CHHYF

Energy

Charbone Hydrogen Corporation is a Canada-based green hydrogen company. The Company is engaged in the production and distribution of green hydrogen, produced from renewable energy. The Company’s green hydrogen is produced by electrolysis, using exclusively water and hydropower. It delivers compressed hydrogen in a variety of sizes. It also provides personalized customer service. The Company has acquired existing hydroelectric power plants ranging from 0.25-25 megawatts (MW) in targeted markets where there is a demand for renewable energy and a need for base load (constant and stable) power supply. Its hydropower stations feed the distribution networks in a non-intermittent and non-variable way. Its hydroelectric power generation is sold to private or public companies, local cooperatives, municipal utilities, or major energy distributors.

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Charbone Hydrogen Corp

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Post by glasradoon Feb 11, 2024 7:28am

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Post# 35874267

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Charbone Hydrogen shares for debt

2024-02-09 16:06 ET - Shares for Debt

The TSX Venture Exchange has accepted for filing the company's proposal to issue $300,000 principal amount secured convertible debentures to settle outstanding debt for $300,000.

Convertible debentures: $300,000 principal amount

Conversion price: principal is convertible into common shares at 10 cents per share

Maturity date: 18 months from Sept. 30, 2023

Interest rate: 12 per cent per annum

Number of creditors: one creditor

Insider/pro group participation: nil

For more information, please refer to the company's news releases dated Aug. 31, 2023, and Jan. 31, 2024.

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