Charbone Corporation Expands U.S. Market Presence with New Hydrogen and First Oxygen Orders

Charbone Corporation has announced securing additional orders from an existing U.S. customer based in New York State, including new orders for clean Ultra High Purity hydrogen and the company’s first order for UHP oxygen. This development follows an initial order announced on January 14, 2026, and represents continued collaboration with the customer, strengthening Charbone’s position in what it considers a strategic market for future growth.

The company, which focuses primarily on clean UHP hydrogen production, also delivers complementary industrial gases like oxygen, helium, and other specialty gases to support customer requirements. The addition of a UHP oxygen order alongside UHP hydrogen is viewed as an important milestone in Charbone’s roadmap to develop a multi-molecule platform of UHP industrial gases. This strategy aligns with the needs of advanced technology and industrial sectors, particularly in the American ‘Tech Valley’ region.

‘These new orders, now including distribution and delivery of UHP oxygen, confirm not only that the relationship with our existing customer in New York State is strengthening, but also the relevance of our strategy to diversify into UHP industrial gases,’ said Dave Gagnon, Charbone’s Chief Executive Officer and Chairman of the Board. ‘Our objective is clear: to offer reliable supply and first-class purity standards in order to meet the highest demands of the technology and industrial markets in North America.’

Charbone’s approach involves developing a network of clean hydrogen production facilities throughout North America and select markets abroad, starting with its flagship Sorel-Tracy project in Quebec. The company’s integrated model aims to reduce risk, enhance scalability, and enable diversified revenue streams through partnerships in helium and other specialty gases. More information about the company’s operations and strategy is available at https://www.charbone.com.

In related corporate developments, Charbone announced on February 4, 2026, that it had retained the services of Momentum Public Relations Inc., a Montreal-based public relations and investor relations firm. Momentum specializes in designing targeted investor outreach programs for listed small and mid-cap companies, with particular expertise in the resource sector. The firm holds a variable stake in Charbone and reserves the right to use its own funds to increase its position.

The company’s forward-looking statements and risk factors are detailed in its Management’s Discussion & Analysis for the period ended September 30, 2025, which is available on SEDAR+ at https://www.sedarplus.ca. These documents outline the uncertainties and assumptions that could affect actual results, including risks described under ‘Risk Factors.’

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