(TheNewswire)

The CHARBONE team announced onsite construction progress at its Sorel-Tracy flagship, preparing for equipment deliveries and the start of production.

Brossard, Quebec TheNewswire – August 14, 2025 Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘ CHARBONE ‘ or the ‘ Company ‘), North America’s only publicly traded pure-play company focused on ultra-pure green hydrogen production and distribution, is pleased to provide an update on substantial construction progress and infrastructure connections at its flagship Sorel-Tracy project.

Electrical Interconnection Completed

Earlier this week, a Hydro-Quebec team completed the electrical interconnection of the site. This involved connecting the distribution network to the first pole installed on-site, following the installation of the Hydro-Québec metering station three weeks earlier. Energy can now flow from the Hydro-Quebec grid along the site’s overhead power lines to the production area, paving the way for equipment installation.

Water Supply Infrastructure Installed

Meanwhile, the Sorel-Tracy Water Department finished excavating and installing piping to link the CHARBONE site to a 14-inch main water line. This connection will ensure enough water capacity to support all five planned project phases. With both key inputs for electrolysis—electricity and water—now secured, the site is prepared to start hydrogen production once the equipment installation is finished.

Civil Construction Underway

Heavy civil construction equipment has arrived on-site, and CHARBONE’s general contractor and subcontractor teams have begun work. Surveyors have finished all necessary site markings for the construction of buildings and production areas in preparation for the arrival of production equipment in the upcoming weeks.

Environmental Stewardship

During site preparation, the Quebec Ministry of the Environment (MELCCFP) identified a rare and endangered plant species—the ‘Three-awn grass’—on a small part of the property. In collaboration with experts from Tetra Tech, CHARBONE successfully relocated and protected the plant, ensuring it has a dedicated habitat on the site. ‘This update marks the completion of three critical milestones for our team,’ said Dave Gagnon, President and CEO of CHARBONE. ‘We are proud of the progress to date and remain on track to commence production this fall.’

Closing of Shares for Debt Financing

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CHARBONE is pleased to announce the closing of Shares for debt settlements amounting to $118,095. The Company has settled with a arm’s length supplier $118,095 of payables through the issuance of shares. A total of 1,968,254 Shares will be issued pursuant to the closing, at a conversion price per unit of $0.06. The Company believes that the settlement of the payables through the issuance of securities is appropriate to advance towards production for its Sorel-Tracy project and the overall need to manage its cash prudently.  A formal agreement will reflect any debt settlement and will be subject to the approval of the TSX Venture Exchange. Any securities issued pursuant to a debt settlement will be subject to a statutory four-month hold period in Canada.

Update on closing US$1.5M in Convertible Notes

Following the Exchange’s review of the closing of US$1.5M (CA$2.1M) convertible notes announced on December 4, 2024, CHARBONE will issue 2,109,900 warrants to the placement agent. Each warrant entitles the holder to purchase one additional common share of the Company at an exercise price of $0.10 or USD equivalent.

About CHARBONE Corporation

CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Copyright (c) 2025 TheNewswire – All rights reserved.

(TheNewswire)

L’équipe Charbone a annoncé l’avancement des travaux de construction sur le site de son projet phare de Sorel-Tracy, se préparant aux livraisons d’équipements et au début de la production.

Brossard (Québec) TheNewswire – le 14 août 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH,OTC:CHHYF OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une rare compagnie cotée en bourse spécialisée dans la production et la distribution d’hydrogène ultrapur vert en Amérique du Nord, est heureuse de fournir une mise-à-jour sur les progrès substantiels de la construction et les connexions d’infrastructures de son projet phare de Sorel-Tracy.

Interconnexion électrique terminée

Plus tôt cette semaine, une équipe d’Hydro-Québec a terminé l’interconnexion électrique du site. Il s’agissait de raccorder le réseau de distribution au premier poteau installé sur le site, après l’installation du poste de mesurage d’Hydro-Québec trois semaines plus tôt. L’énergie peut désormais circuler du réseau d’Hydro-Québec jusqu’à la zone de production via les lignes aériennes du site, ouvrant ainsi la voie à l’installation des équipements.

Infrastructures d’approvisionnement en eau installées

Entre-temps, le service de ses eaux de la Ville de Sorel-Tracy a terminé l’excavation et l’installation de la tuyauterie reliant le site de Charbone à une conduite d’eau principale de 14 pouces. Ce raccordement assurera une capacité d’alimentation en eau suffisante pour les cinq phases prévues du projet. Les deux principaux apports d’électricité et d’eau pour l’électrolyse étant désormais assurés, le site est prêt à démarrer la production d’hydrogène une fois l’installation des équipements terminée.

Travaux de génie civil en cours

Les machineries lourdes de génie civil sont arrivées sur le chantier, et les équipes de l’entrepreneur général et des sous-traitants de Charbone ont commencé les travaux. Les arpenteurs géomètres ont terminé le marquage du site nécessaire à la construction des bâtiments et des zones de production, en prévision de l’arrivée des équipements dans les semaines à venir.

Gestion de l’environnement

Lors de la préparation du site, le ministère de l’Environnement du Québec (MELCCFP) a identifié une espèce végétale rare et menacée – l’Aristide à rameaux – sur une petite partie de la propriété. En collaboration avec les experts de Tetra Tech, Charbone a réussi à relocaliser et à protéger la plante, lui assurant ainsi un habitat dédié sur le site. « Cette mise à jour marque la réalisation de trois étapes cruciales pour notre équipe », a déclaré Dave Gagnon, président-directeur général de Charbone. « Nous sommes fiers des progrès réalisés à ce jour et maintenons le cap pour le début de la production cet automne. »

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Clôture d’un financement de règlement de dettes par actions

Charbone a le plaisir d’annoncer la clôture d’une émission d’actions pour règlement de dettes totalisant 118 095 $. La Société a réglé avec un fournisseur sans lien de dépendance 118 095 $ de dettes par l’émission d’actions. Un total de 1 968 254 actions seront émises à la clôture, à un prix de conversion unitaire de 0,06 $. La Société estime que le règlement des dettes par l’émission de titres est approprié pour progresser vers la production de son projet Sorel-Tracy et pour répondre à la nécessité générale de gérer sa trésorerie avec prudence. Une entente officielle reflétera tout règlement de dettes et sera soumise à l’approbation de la Bourse de croissance TSX. Tout titre émis dans le cadre d’un règlement de dettes sera assujetti à une période de détention légale de quatre mois au Canada.

Mise-à-jour sur la clôture de billets convertibles de 1,5 million de dollars américains

À la suite de l’examen par la Bourse de la clôture des obligations convertibles de 1,5 M$ US (2,1 M$ CA) annoncée le 4 décembre 2024, Charbone émettra 2 109 900 bons de souscription à l’agent de placement. Chaque bon de souscription permet à son détenteur d’acquérir une action ordinaire supplémentaire de la Société à un prix d’exercice de 0,10 $ ou l’équivalent en dollars américains.

À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée spécialisée dans l’hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Copyright (c) 2025 TheNewswire – All rights reserved.

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that the Company has completed the transaction for the acquisition of the exploitation rights from Guidoni Brasil S.A. (‘Guidoni), for areas granted under a lease agreement with Companhia Bahiana de Pesquisa Mineral (CBPM) in the municipality of Belmonte, Bahia, Brazil. All tenements of the Guidoni project are fully permitted for immediate extraction mining and at a lower royalty rate than the Company’s previous silica sand supply contracts in the Santa Maria Eterna District.

Further to the News Release dated February 12^th, 2025, announcing the total and irrevocable assignment of all rights and responsibilities in favor of Homerun, of the rights to exploit the mining tenements 871.960/1992, 870.462/1999, 870.463/1999 and 873.387/2007, the Company has executed a Term of Assignment with Guidoni, with the Consent of CBPM, for the process number 036.5410.2020.0001386-11, assigning the above mineral rights, subject of bid number 004/2020, along with all its rights and obligations, to Homerun. Under the Guidoni Lease Terms with CBPM, the Company will pay CBPM an extraction royalty of R$26 (US$4.50) per tonne of extracted silica sand.

Brian Leeners, CEO of Homerun stated, ‘In our original strategic plan two years ago, we stated that we would work methodically to consolidate control over the unique Santa Maria Eterna silica sand deposits in the Belmonte Silica District, and we continue to execute on that mandate. This process requires major effort and considerable patience while building beneficial relationships and favourable terms and I want to thank our team for their relentless efforts in this regard. We also want to thank our partners in the District, in particular CBPM, the State-owned resource company of the Government of Bahia, Brazil. These efforts continue and between ownership via CBPM leases and an ongoing partnership with a premier silica production company in Brazil, we are now in control of a significant majority of the silica sand in the District. Dialogue and negotiations continue with historic owners and transitional owners based on long-term legal issues over the portion of the District not under CBPM concessions. This resource base, combined with our vertically integrated approach from extraction through solar glass production, positions us uniquely as both the primary demand driver and supply controller for this unique material. With centuries of supply at our disposal, we’re not just participating in Brazil’s renewable energy transformation, we’re enabling it while building a defensible competitive moat that extends well beyond any single market cycle.’

The total required payments under the Agreement are R$2,500,000 reais, to be advanced, as follows:

• R$500,000 payable against the execution of the definitive agreement for the transfer of the Guidoni rights and obligations (PAID).

• R$2,000,000, paid over four installments, maturing, one by one, every 6 months, from the date of payment of the first installment, adjusted by the foreign exchange rate variation from the reference rate of 1 US$ = R$ 4.9827 in relation to the actual closing exchange rate of the day before the maturing of each payment. The first of these four installments was due and paid on August 12th, 2025.

About Homerun (www.homerunresources.com)

Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

Homerun Advanced Materials

• Utilizing Homerun’s robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.

• Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.

Homerun Energy Solutions

• Building Latin America’s first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.

• European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).

• Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.

• Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company’s high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company’s HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262485