Charbone Announces Q1 2026 Financial Results

About this update from Charbone Hydrogen Corporation

BROSSARD, QUEBEC - May 28, 2026 (NEWMEDIAWIRE) - CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) ("CHARBONE" or the "Company"), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity ("UHP") hydrogen and other strategic industrial gases, is pleased to announce its first quarter 2026 financial and operational results for the three-month period ending March 31, 2026. CHARBONE will be hosting a webinar tomorrow, Friday, May 29th at 11:00am EDT which interested parties can register below. In Q1 2026, CHARBONE confirmed multiple industrial gas sales into both the U.S. and Canadian markets such as clean UHP hydrogen sourced from its Sorel-Tracy plant Phase 1A, and UHP helium and UHP oxygen sourced through partners. Commercial production at Sorel-Tracy commenced in December 2025, with initial revenues recognized in Q4 2025. Demand has accelerated throughout Q1 2026, driving the Company's decision to advance Phase 1B to increase hydrogen production capacity anticipated in H2 2026. In the meantime, CHARBONE continues to expand its full-stack platform covering production, purification, compression, storage, and last-mile delivery to serve customers with UHP-specification gases on both sides of the border. Q1 2026 HIGHLIGHTS: "CHARBONE's diversification is central to the platform thesis. Opportunities to invest in a vertically integrated UHP industrial gases platform at this stage of growth are rare, and the build-out we're executing is designed to reflect that," said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE. "We're not asking investors to bet on a future state of the world. We're building a business in a market that exists, backed by a capital-disciplined model designed to scale with demand." Reminder: Charbone to Host First Quarter Results and Corporate Update Webinar CHARBONE invites all investors and other interested parties to register for the webinar at the link below. Management will be presenting an overview of its Q1 2026 results, recent operational achievements, and upcoming milestones. There will be an allotted time for Q&A. You may submit your question(s) beforehand in the registration form or live on the webinar platform. Date: Friday, May 29, 2026 Time: 11:00am ET Regi...

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