Charbone Announces $1.5M Drawdown from its $10M Convertible Loan Accelerating Growth
Varennes, Quebec, September 2, 2026 – TheNewswire – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“ CHARBONE ” or the “ Company ”), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity (“ UHP ”) hydrogen and other strategic industrial gases , is pleased to announce that RiverFort Global Opportunities PCC Ltd (“ RiverFort ” or “ Lender ”) has agreed to advance $1.5 million, representing half of the second drawdown of up to $3 million, to the Company prior to the date falling 6 calendar months from the first drawdown closing of the secured convertible loan facility (the “ Convertible Loan ”) for up to $10 million as previously announced on April 29, 2026. Transaction Overview The $1.5 million forming part of the second drawdown will become available upon satisfaction of the closing conditions, including the approval by the TSX Venture Exchange. The Convertible Loan is structured as a multi-drawdown secured facility, with additional tranches available to the Company over the term of the agreement, subject to customary conditions and mutual agreement between the parties. Accordingly, the Company may compl
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