CHARBONE Announces Closing of $1.5M Drawdown with RiverFort to Accelerate Growth
Varennes, Quebec – TheNewswire - September 8, 2026 – 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 the closing of the $1.5 million drawdown previously announced on September 2, 2026 from RiverFort Global Opportunities PCC Ltd (“ RiverFort ” or “ Lender ”), representing half of the second drawdown of up to $3 million that is available 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 CHARBONE has successfully completed the closing of the $1.5 million second drawdown under the Convertible Loan with RiverFort. 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,
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