CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) announced a positive strategic update following its recent executive mission to Malaysia, confirming aligned intent to advance a green hydrogen ultra-high purity (UHP) project and the Company's interest in taking an equity participation in Green Hydrogen ASIAPAC SDN BHD. The mission, led by Chairman and CEO Dave B. Gagnon and Senior Vice President Patrick Cuddihy, builds on the framework agreement signed June 25, 2025.
The Company intends to play an active operational role in the development and execution of the project, reinforcing its strategy to establish a disciplined, scalable presence in the Asia-Pacific market, one of the fastest-growing regions for clean hydrogen and specialty gases. CHARBONE specifically acknowledged the Malaysian Industry-Government Group for High Technology (MIGHT) for facilitating strategic dialogue and enabling cross-border industrial collaboration.
Malaysia offers a compelling platform for clean energy deployment, supported by national decarbonization initiatives, industrial demand growth, and a strategic geographic position within Asia-Pacific. CHARBONE plans to replicate its North American approach in Asia-Pacific, targeting high-growth sectors including semiconductors, advanced electronics, artificial intelligence, data centers, pharmaceuticals, biotechnology, defense, and aerospace.
“Our mission in Malaysia confirms that CHARBONE’s international strategy is gaining real traction. Asia-Pacific represents a critical growth pillar alongside North America, and we are seeing strong alignment with partners who recognize the value of our modular, execution-focused approach,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “We are particularly encouraged by the opportunity to deepen our involvement with Green Hydrogen ASIAPAC, not only as a technical partner, but as an investor and operator.”
The Company is working with all parties to update the continuity and implementation of the current agreement and expects to provide shareholders with more detailed information on the project and development scope. CHARBONE is a developer and producer of clean UHP hydrogen with a growing industrial gas distribution platform, and is listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Stock Exchange. More information is available at www.charbone.com.
