CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a North American producer and distributor of clean Ultra High Purity (UHP) hydrogen and industrial gases, has signed a five-year hydrogen supply agreement with an Ontario-based independent distributor. The contract, announced on October 14, 2025, represents a significant milestone in the company's commercial expansion, providing stable and recurring demand for its clean UHP hydrogen.
Initial deliveries are scheduled for November 2025, utilizing a newly commissioned Type 1 hydrogen tube trailer that has been fully certified by Transport Canada and the Technical Standards and Safety Authority (TSSA) for operation in Ontario. This achievement underscores CHARBONE's operational readiness and commitment to safety, as its transportation subsidiary, CHARBONE Systems Inc., achieved full regulatory and safety compliance within eight months, meeting Canada's strict hydrogen handling standards.
Dave B. Gagnon, CEO of CHARBONE, stated: "This five-year contract demonstrates that CHARBONE can build a trusted, compliant, and secure hydrogen supply network, positioning us for further expansion. Ontario is a strategic market for us, and this achievement underscores our long-term commitment to serve industrial and specialty gas distributors with the highest levels of quality and reliability."
The contract marks CHARBONE's entry into the Ontario market, a rapidly growing region for clean UHP hydrogen, and reinforces the company's presence in Eastern Canada. This positions CHARBONE for further growth in the clean energy sector. Over the past eight months, CHARBONE Systems Inc. completed all necessary engineering, regulatory, and safety processes to operate under Canada's strict standards for clean UHP hydrogen handling. This achievement not only underscores the company's "Safety First" commitment and operational excellence in its logistics chain but also paves the way for reliable commercial deliveries under the new agreement.
CHARBONE is an integrated company specializing in clean UHP hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific. Through a modular approach, the company is building a distributed network of green hydrogen production plants while diversifying revenues via helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility, and positions CHARBONE as a leader in the transition to a low-carbon future. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com.
This news release contains forward-looking information as defined under Canadian securities laws, which involve risks and uncertainties. For details, refer to the Corporation's Filing Statement dated March 31, 2022, available on SEDAR at www.sedar.com. Except as required by law, CHARBONE undertakes no obligation to update forward-looking information.
