Grandis Transfer To Stimulation & Screening Stage

Charbone Hydrogen Corporation (TSXV: CH) (OTC: CHHYF) (FWB: K47) (“ Charbone” or the “ Business“) is delighted to reveal that, in connection with its formerly revealed personal positioning funding (the “ Providing“) “), the Business closed a 2nd tranche of the Offering for a quantity of $248,377. Integrated with the previous closing, the Business raised an overall of $499,877 pursuant to the Offering.

Each System, at a rate of $0.05 per System, is consisted of one typical share of the Business (each, a “ System Share“) and one typical share purchase warrant (each, a “ Warrant“). Each Warrant will entitle the holder thereof to get one extra typical share of the Business (each, a “ Warrant Share“) at a workout cost of $0.05 for a duration of 12 months following the closing date of the Offering (the “Closing Date“). An overall of 4,967,540 systems were released following the closing of the very first tranche of the Offering.

The Systems are being used pursuant to the “recognized financier” and “minimum financial investment” exemptions set out in National Instrument 45-106 Prospectus Exemptions

It is anticipated that the Business will utilize the earnings of the Offering to money operations to pursue the Sorel-Tracy (Qc, Canada) job and get ready for a considerable prospective funding deal.

The Business might close a 3rd and last tranche of the Providing on or before December 22, 2023. The closing of the Offering undergoes the approval of the TSX Endeavor Exchange and other popular closing conditions.

This news release will not make up a deal to offer or the solicitation of a deal to purchase, nor will there be any sale of any securities in any jurisdiction in which such deal, solicitation or sale would be illegal, consisting of all securities in the United States of America. The securities have actually not been and will not be signed up under the United States Securities Act of 1933, as modified (the “ U.S. Securities Act“), or any other securities laws, and might not be used or offered in the United States or to, or for the account of, or for the advantage of, “U.S. Persons” (as specified in Policy S of the 1933 Act), unless they are signed up under the U.S. Securities Act and relevant securities laws, or an exemption from such registration requirements is readily available. The equated text of journalism release need to not be thought about authorities in any method. The only reliable variation of journalism release is that of journalism release in its initial language. The translation will constantly need to be compared to the source text, which will set a precedent.

In addition, the Business released a marketing and financier awareness project with Dig Media Inc. dba Investing News Network (“ INN“). Throughout the regard to the 14-month arrangement, INN will offer marketing to increase awareness of the Business. INN does not offer financier relations or market-making services. The expense of the project is $54,900. INN has actually likewise subscribed for 1,098,000 systems of the Present Offering. No stock alternatives are given to INN and no other settlement is payable under its required.

About Charbone Hydrogen Corporation

Charbone is a green hydrogen business based in The United States and Canada. The business’s method is to establish modular and scalable hydrogen production centers. Charbone means to produce green hydrogen particles from trusted and sustainable energy to identify itself as a provider of an eco-friendly option for commercial, industrial and movement users.

About Dig Media Inc. dba Investing News Network

INN is an independently held business headquartered in Vancouver, Canada, committed to offering independent details and education to financiers given that 2007.

Positive Declarations

This news release consists of declarations that make up “positive details” within the significance of Canadian securities laws (” positive declarations”). These positive declarations are frequently determined by words such as “means,” “expects,” “anticipates,” “thinks,” “strategies,” “likely,” or comparable words. Positive declarations show Charbone’s management’s particular expectations, price quotes or forecasts relating to future outcomes or occasions, based upon the viewpoints, presumptions and price quotes thought by management to be sensible since the date the declarations are made. Although Charbone thinks that the expectations revealed in the positive declarations are sensible, positive declarations include threats and unpredictabilities, and excessive dependence ought to not be put on positive declarations, as unidentified or unforeseeable elements might trigger real outcomes to vary materially from those revealed in the positive declarations. Dangers and unpredictabilities connected to Charbone’s service might impact positive declarations. These threats, unpredictabilities and presumptions consist of, however are not restricted to, those explained under the heading “Danger Aspects” in the Business’s registration modification declaration dated March 31, 2022, which is readily available on SEDAR at; Real outcomes or occasions might trigger real occasions or results to vary materially from those prepared for in the positive declarations.

Other than as needed by relevant securities laws, Charbone carries out no commitment to upgrade or modify any positive declarations.

Neither the TSX Endeavor Exchange nor its Policy Solutions Service Provider (as that term is specified in the policies of the TSX Endeavor Exchange) accepts obligation for the adequacy or precision of this release.


Benoit Veilleux

Dave B. Gagnon

Chief Financial Officer and Corporate Secretary

President and Chairman of the Board of Directors

Charbone Hydrogen Corporation

Charbone Hydrogen Corporation

Phone: +1 450 678-7171

Phone: +1 450 678-7171

Email: bv @charbone. com

Email: [email protected]


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