Brossard, Quebec, February 4, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce the development of its first Charbone Hydrogen Supply Hub in the Ontario market, marking a key milestone in the Company’s Canadian expansion strategy.
The Charbone Hydrogen Supply Hub will serve as a dedicated physical storage and local distribution facility, designed to support reliable, on-demand hydrogen supply to industrial, advanced-manufacturing, and mobility customers across Southern Ontario.
Importantly, CHARBONE will use its already existing physical infrastructure for the Hub, including its own hydrogen storage tube assets, and other components, enabling the Company to:
- Secure local inventory and buffer capacity
- Control logistics, safety, and high-quality standards
- Reduce dependency on third-party logistics and storage
- Improve supply reliability and response times for customers
This hub-and-spoke model will be another cornerstone of CHARBONE’s strategy to build a scalable network of Hydrogen Production and Supply Hubs across Canada and the United States, supporting the regional markets with regional localized storage, logistics, and distribution.
“This first Charbone Hydrogen Supply Hubin Ontario represents a strategic step forward for CHARBONE,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “By investing directly in physical storage assets, we are reinforcing our commitment to local operational control, supply security, and long-term value creation in key industrial markets.”
The Ontario hub is expected to support multiple type of customers and dedicated customer supply programs, with different delivery formats, including tube trailers and micro-bulk solutions. The Ontario will be designed to accommodate future storage and production capacity expansions as market demand grows.
CHARBONE views Ontario as a priority market due to its concentration of industrial users, mobility initiatives, and advanced-manufacturing ecosystems, and expects the Hydrogen Supply Hub to play a foundational role in the Company’s broader North American hydrogen logistics platform.
Momentum Public Relations Inc. Appointment
CHARBONE has retained the services of Momentum Public Relations Inc. (“Momentum”) for services related to its investor and media relations strategies. These services will be primarily provided by Mr. Maxence Gagné-Godbout, who acts at arm’s length from the Company. Under the agreement, Momentum will receive fees of $10,000 per month. The six-month agreement is valid until May 15, 2026. No other compensation is payable under this engagement. The agreement is subject to regulatory approval.
About CHARBONE CORPORATION
CHARBONE is a vertically integrated industrial gases company focused on developing and operating a network of supply hubs for the production, storage, and distribution of Ultra-High Purity (UHP) strategic industrial gases. The Company serves customers across sectors including semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies, where UHP gases are critical for high-precision manufacturing processes and operational performance. CHARBONE is advancing a network of clean UHP hydrogen production facilities across North America and selected international markets. The Company’s modular, decentralized, and demand-driven approach, combined with its integrated storage and distribution platform for all UHP gases, supports scalable growth, enhances operational flexibility, and enables more stable and diversified revenue generation. This model allows CHARBONE to efficiently serve mid-tier industrial gas customers with a reliable supply of UHP gases, including hydrogen, helium, oxygen, and any others that are in high-demand gases that are often difficult to source. The Company is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gases, while addressing supply gaps for underserved industrial customers and accelerating the shift towards localized clean energy. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47).
Forward-Looking Statements
This press release contains statements that constitute “forward-looking information” within the meaning of Canadian securities laws (“forward-looking statements”). These forward-looking statements are often identified by words such as “intends”, “anticipates”, “expects”, “believes”, “plans”, “likely”, or similar words. Forward-looking statements reflect the respective expectations, estimates or projections of Charbone’s management regarding future results or events, based on opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations expressed in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to differ materially from those expressed in the forward-looking statements. Risks and uncertainties related to Charbone’s activities may affect forward-looking statements. These risks, uncertainties and assumptions include, without limitation, those described under “Risk Factors” in the Company’s management discussion and analysis for the period ended September 30, 2025, which can be accessed on SEDAR+ at www.sedarplus.ca; they could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Unless required by applicable securities laws, Charbone does not undertake to update or revise the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.