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Charbone Hydrogen Announces Q2 2025 Financial Results
(TheNewswire) Brossard, Quebec, August 29, 2025 - TheNewswire – CHAR...
About this update from Charbone Hydrogen Corporation
[{"type":"text","content":"Charbone Hydrogen Announces Q2 2025 Financial Results\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Brossard, Quebec, August 29, 2025 -\n \n\n TheNewswire\n \n\n –\n \n\n\n\n CHARBONE HYDROGEN\nCORPORATION\n \n\n\n\n (TSXV: CH; OTCQB: CHHYF;\nFSE: K47) (the “Company” or “CHARBONE”),\n \n\n North America’s only publicly traded pure-play company\nfocused on ultra-pure green hydrogen production and\ndistribution\n \n\n ,\n \n\n today\nannounces its financial and operational results for the three and\nsix-month periods ending June 30, 2025.\n \n\n\n\n Construction of the Sorel-Tracy facility has started.\nHydro-Québec, the provincial energy distributor, has completed the\nelectrical interconnection and metering, the town has connected the\nwater supply, and contractors have started civil construction works,\nremaining on track to start production this fall.\n \n\n\n\n Q2 2025 HIGHLIGHTS:\n \n\n\n\n\n\n Net loss decreased by 39% to $444,542 in the 3-months\nperiod ending June 30, 2025, down from $729,425 in Q2 2024 (activities\nstill tightening general and administrative expenses).\n \n\n\n\n\n\n First recognition of revenues following the advancement\nof activities from the Master Collaborative Agreement to support the\ndeployment of a Malaysian green hydrogen project development announced\nin Q2 2025.\n \n\n\n\n\n\n The Company has closed units for debt settlement of\n$1,273,702, shares for the management debt settlement of $310,000 and\nexercises of warrants totalling $575,022 ($223,378 in Q2\n2024).\n \n\n\n\n\n\n The Company announced the signing of a term sheet for a\nconstruction capital facility of up to US $50 million; and\n \n\n\n\n\n\n The Company announced it has executed an offtake\nagreement with a US Tier One industrial gases producer to expand its\nofferings to customers and generate immediate revenues from a\ndiversified source.\n \n\n\n\n\n\n Charbone’s disciplined financial management and new\nstrategic partnerships position the company to achieve its vision of\nbecoming a North American leader in green hydrogen and industrial\ngases distribution networks. These advancements underscore its\ncommitment to being a game-changer in the energy transition.\n \n\n\n\n Management is motivated to keep\nworking on structuring deals t...