Charbone Hydrogen Corp V.CH

northwoods acquisition : financing the $3.6 m USD?

[schocor]

did anybidy see where they are getting the financing for the nirthwoods acquisition? 3.6 m usd. 

they have an open equity raise that expires tomorrow; but that was only for 1.8 m cdn i believe and i an not sure it it 100% subscribed at .12 with a .20 warrant. last tranche was just under $1m raised i note. 

thanks for the info

[Patrick2Linton]

Unknown future liabilities.  Update on the Gaussin matter Charbone is presently defending itself under an arbitration proceeding instituted by Gaussin SA regarding the proposed partnership between the companies that was referenced in the non-binding investment term sheet dated May 23, 2022. Given the non-binding nature of the term sheet and the fact that Charbone did not enter into any

[schocor]

i am not overly worroed about financaial implication from that cancelled deal; it looks to be a non binding MOU. shareholders just need to remember the weight these MOUs carry.  it is not a great look to out out a PR announcing a VP dismissal/quitting and news of this lawsuit; but i am not sure there is anything to this comaony other than VERY small hydro electic plants, bought from a

[Patrick2Linton]

Im sure the arbitration meeting is more just an irritation than anything but does require human capital and capital to defend. Im more concerned about 4.7 million shares released from escrow that can starting hitting the market at any time. Gracias. Tik tok. Grinnnnn. TGIF. Cheers mate.