Charbone Hydrogen Announces to be a Prize Winner and Other Corporate Updates

(TheNewswire)

Brossard, Quebec – TheNewswire - June 19, 2023 – CHARBONE HYDROGEN CORPORATION (TSXV:CH), (OTC:CHHYF), (FWB:K47) (“Charbone”) is pleased to announce to be one of the 2023 winners of the DEL – Economic Development of the Longueuil (Quebec, Canada) Agglomeration category: Eco-responsible business practice and sustainable mobility. “Many thanks on behalf of my organization.” said Dave B. Gagnon, CEO of Charbone.

Click Image To View Full Size

Charbone is also honored that it’s Chief Executive Officer and Chairman of the Board, Dave B. Gagnon, has been appointed to the board of the Association de l’Industrie Electrique du Quebec (AIEQ). Mr. Gagnon’s appointment was confirmed at the annual general meeting held on June 1st, 2023. Mr. Gagnon has extensive experience both nationally and internationally specifically in the area of renewable energies.

The AIEQ is organization firmly established in the Province of Quebec, Canada for more than a century supported by the key players in Québec’s dominant electricity industry.

In addition, during Q2 2023, Charbone received the repayment of the full amount remaining as of March 31, 2023 ($57,500) of the COO’s shareholder advance to help financing on-going corporate activities.

About the AEIQ

The AIEQ’s mission is to ensure the outreach of the Québec electricity industry and promote the development of renewable energies to governments, decision-makers, and the public, to fight climate change while creating more wealth. The AIEQ views itself as the preferred representative of the business ecosystem of Québec companies and organizations active in the electrical energy sector including its production, transportation, distribution, and smart use. 

About the DEL

The DEL’s mission is to drive the success of local businesses by providing them with specialized business support and to attract investments that will lead to significant social and economic impacts in the Longueuil Agglomeration. 

About Charbone

Charbone is a Canadian green hydrogen group established in North America. The company's strategy is to develop modular and expandable hydrogen facilities and regional hubs. With the acquisition of hydroelectric power plants in the United States and Canada, Charbone will be able to produce green dihydrogen molecules using reliable and sustainable energy in order to distinguish itself as a supplier of an ecological solution for industrial and commercial companies.

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 forwardlooking 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, along with risks relating to the Offering and the intended use of proceeds of the Offering; 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.

Contacts

For further information, please contact:

Dave B. Gagnon

Chief Executive Officer and Chairperson of the Board

CHARBONE Hydrogen Corporation

Telephone: +1 450 678-7171

 Email: [email protected]

Daniel Charette

Chief Operating Officer

CHARBONE Hydrogen Corporation

Telephone: +1 514 980 5841

Email: [email protected]

Benoit Veilleux

Chief Financial Officer and Corporate Secretary

CHARBONE Hydrogen Corporation

Telephone: +1 450 678-7171

Email: [email protected]

Copyright (c) 2023 TheNewswire - All rights reserved.