CHARBONE Hydrogen Corporation has announced the signing of replacement debentures totaling $2.05 million, modifying terms of existing secured convertible debentures originally issued through a private placement. The restructuring extends maturity dates from September and October 2025 to September 30, 2026, increases the convertible balance from $1.7 million to $2.1 million while maintaining a 12% annual interest rate payable monthly, and reduces the conversion price from $0.10 to $0.07 per common share.
This financial maneuver provides CHARBONE with enhanced flexibility to complete its acquisition of operational hydrogen production and refueling equipment, as announced on September 5, 2025. Chief Financial Officer Benoit Veilleux stated that the changes optimize the company's capital structure while advancing first-mover advantages and shareholder interests in the competitive green hydrogen market.
The transaction remains subject to approval by the TSX Venture Exchange, where CHARBONE trades under the symbol CH. The company also maintains listings on OTC Markets as CHHYF and on the Frankfurt Stock Exchange as K47. Additional corporate information is available through their corporate website at https://www.charbone.com and regulatory filings accessible via https://www.sedar.com.
This financing development signals CHARBONE's strategic positioning in North America and Asia-Pacific markets, where it specializes in ultra-high purity hydrogen production and industrial gas distribution. The company's modular network approach to green hydrogen production aims to diversify revenue streams while minimizing capital expenditure through partnerships rather than new plant construction.
The restructuring demonstrates how emerging green energy companies are adapting financial instruments to support growth in capital-intensive sectors. Lower conversion prices may make the debentures more attractive to investors while providing the company with necessary capital for expansion. The extended maturity timeline gives CHARBONE additional operational runway to execute its acquisition strategy and develop its hydrogen infrastructure network.
