Brossard, Quebec, March 16, 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, confirms today that new orders for UHP hydrogen from an existing customer located in New York State have been fully delivered, further strengthening the Company’s commercial presence in one of the leading technology and industrial hubs in the United States.
These deliveries follow the press release published on January 14, 2026, in which CHARBONE announced its first order for UHP clean hydrogen from this American customer. The continued orders and their operational execution confirm the establishment of a long-term business relationship with a key player in a leading technology ecosystem in the United States.
A strategic market at the heart of the American “Tech Valley”
New York State, particularly the region often referred to as “Tech Valley”, is one of the most dynamic technology and industrial clusters in North America, especially in the sectors:
- Microelectronics
- Semiconductors
- Advanced materials
- Defense technologies
- Advanced industrial manufacturing
In these industries, the availability of a reliable supply of ultra-high-purity industrial gases is critical for operations and process quality. The delivery of these new UHP hydrogen orders confirms CHARBONE’s ability to effectively serve these high-tech markets, while strengthening its commercial footprint in the northeastern United States.
Towards a North American platform for UHP industrial gases
While continuing to develop its clean UHP hydrogen production, CHARBONE is progressively rolling out an expanded range of specialty and ultra-high purity industrial gases, including: UHP oxygen, helium and certain strategic gases for advanced technology and industrial markets.
This approach is part of the Company’s strategy to develop an integrated UHP industrial gas distribution platform in North America, capable of meeting the growing needs of high-tech industries.
In this context, CHARBONE is also working on the gradual implementation of a regional storage and distribution hub infrastructure, designed to support reliable supply and commercial growth in strategic markets.
Management statement
“The delivery of these new UHP hydrogen orders in New York State confirms not only the strength of our business relationship with this American customer, but also the relevance of our positioning in some of the most demanding technology ecosystems in North America,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “Our vision is clear: to progressively build a North American platform for strategic and ultra-high-purity industrial gases, with clean hydrogen as its core molecule. Advanced technology markets demand extremely high supply standards, and CHARBONE intends to play an increasing role in this ecosystem in the coming years.”
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.
