Brossard, Quebec, January 22, 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 sale of clean UHP hydrogen in Ontario to a specialized contractor serving the film and entertainment production industry, enabling the operation of hydrogen fuel cell generators used on movie and television production sites.
Hydrogen for Clean On-Set Power Generation in Ontario
CHARBONE confirms it has begun supplying clean UHP hydrogen in Ontario to support the deployment of fuel cell-powered generator systems used to provide electricity for production sets and related mobile infrastructure.
This initiative represents a high-visibility commercial application for hydrogen, demonstrating a concrete pathway to reducing emissions, noise, and fuel logistics complexity typically associated with traditional diesel-based generators in the film production ecosystem.
The hydrogen supply will be supported through CHARBONE’s distribution capabilities and delivery logistics, ensuring safe and reliable service to meet the operational needs of professional production crews working under strict scheduling requirements.
A Strategic Step Toward Practical Hydrogen Adoption
This first Ontario sale into the film-related power segment reflects CHARBONE’s broader strategy to expand hydrogen commercialization beyond traditional industrial uses and into real-world mobile and temporary power applications, where fuel cells offer strong advantages in performance, sustainability, and operating conditions.
CEO Comment
“Hydrogen is no longer a concept—it’s becoming an operational solution,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “We are proud to support a specialized contractor in Ontario enabling fuel cell generator operations for the film industry. This is a strong example of how clean UHP hydrogen can deliver real value today—quiet, reliable, and low-emission energy, where and when it matters.”
While CHARBONE is not disclosing the volume, duration, or financial terms of this commercial arrangement in order to maintain its competitive position, revenues generated by the Company’s production, distribution, and service activities are presented on a consolidated basis in its quarterly financial statements.
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.
