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1911 Gold Corporation (‘ 1911 Gold ‘ or the ‘ Company ‘) (TSXV: AUMB) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from eight (8) drill holes for 1,371.0 metres (‘m’) from the ongoing surface drill program at the recently discovered San Antonio West target at the True North Project. The True North project, including a permitted mill, camp, and tailings facility, is centrally located within the Company’s 100%-owned Rice Lake Gold property in southeast Manitoba, Canada .

Highlights:

  • Drilling has continued to expand the near-surface quartz vein hosted gold (‘Au’) mineralization on the new San Antonio West (‘SAM West’) target

San Antonio West Target

  • Drill results confirmed the western extensions of gold mineralization within the prolific San Antonio mafic unit of 260   m down dip and 500 m along strike, including:
    • TN-25-037: Intersected 8.73 grams per tonne (g/t) Au over 1.00 m at a downhole depth of 60.90 m , 62.40 g/t Au over 1.00 m at a downhole depth of 65.10 m , 6.09 g/t Au over 0.70 m at a down hole depth of 86.80 m and 4.17 g/t Au over 4.50 m at a downhole depth of 128.80 m , including 8.45 g/t Au over 0.80 m
    • TN-25-035: Intersected 8.81 g/t Au over 2.10 m at a downhole depth of 69.00 m , including 19.20 g/t Au over 0.60 m
    • TN-25-045: Intersected 6.84 g/t Au over 3.70 m at a down-hole depth of 7.50 m including 12.40 g/t Au over 1.40 m , and 5.30 g/t Au over 2.70 m at down hole depth of 29.50 m including 11.30 g/t Au over 0.50 m , and 7.69 g/t Au over 0.70 m
    • TN-25-043: Intersected 12.50 g/t Au over 1.00 m at a downhole depth of 66.20 m

Shaun Heinrichs , CEO and President, stated, ‘These follow-up holes at the San Antonio West target show evidence of several shear structures and also higher grades as we extend drilling to depth. The results continue to show another parallel ore shoot to the San Antonio Mine vein system, similar to what we are seeing on the San Antonio Southeast target. The target potentially extends over a kilometre or more to depth. Further, the San Antonio West mineralization closes the gap between the San Antonio mine and the Cartwright resource to the west, opening that area up for potential underground mining in the future. We are currently completing a 400 metre deep hole on the SAM West target, and assays for another 7 drill holes for 1,940 metres are pending from the laboratory. We are also developing underground drill plans for this target, which will be prioritized based on our internal mine plan study.’

1911 Gold has now completed thirty-nine (39) surface drill holes, for a total of 8,487.4 m on the current drill program which commenced in October 2024 and remains ongoing with new targets being generated and drill tested within prospective host rocks, and mineralized structural settings, including significant historical results. The program is continuing and is planned to include up to 30,000 m of drilling by the end of 2025.

Figure 1: True North: Geology and SAM West Drill Hole Location Map. (CNW Group/1911 Gold Corporation)

Figure 2: BB

S   an Antonio West Target: Discussion of Results

Drilling completed to date has confirmed the extensions of gold mineralization within the SAM gabbro to over 600 m west of the historically mined San Antonio zone, covering an area 500 m long and over 260 m to depth, dipping 50º to the northeast. Thirteen (13) drill holes for a total of 2,099.0 m have been completed to date on the SAM West target area.

The latest drill holes extended the footprint of mineralization 100 m to the east towards the main San Antonio zone and 100 m down dip from the results announced on February 4, 2025 (see press release entitled ‘1911 Gold Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North’) .

Drill holes TN-25-035 ( 2.10 m @ 8.81 g/t Au, including 0.60 m @ 19.20 g/t Au), TN-25-037 ( 1.00 m @ 62.40 g/t Au), TN-25-045 ( 3.70 m @ 6.84 g/t Au) and TN-25-048 ( 1.00 m @ 3.44 g/t Au) tested an area over 100 m to the southeast and 100 m down dip of previously released drill hole TN-24-005 ( 3.00 m @ 2.45 g/t Au).

Drill hole TN-25-035, designed as a 200 m step-out to the east of drill hole TN-25-006 ( 4.84 m @ 3.70 g/t Au, including 1.05 m @ 7.23 g/t Au and 0.91 m @ 8.42 g/t Au), intersected 2.10 m @ 8.81 g/t Au including 0.60 m @ 19.20 g/t Au. Drilling successfully extended the gold mineralization to the east as interpreted and returned similar high-grade gold results.

Drill holes TN-25-029 and TN-25-043 ( 1.00 m @ 12.50 g/t Au) tested the up-dip extensions of the zone above and to the east of previously released holes TN-24-007 and TN-24-006 ( 4.84 m @ 3.70 g/t Au, including 1.05 m @ 7.23 g/t Au and 0.91 m @ 8.42 g/t Au).

Figure 3: AA

Drilling has confirmed the existence of up to three (3) vein zones hosted within the target gabbro unit, supporting the potential to mine multiple zones on levels as conducted historically. Drill holes TN-25-035, TN-25-037, TN-25-043 and TN-25-045 intersected 3 distinct vein zones hosting high-grade gold mineralization over a vertical distance of over 200 m . TN-25-035 intersected 2.10 m @ 8.81 g/t Au including 0.60 m @ 19.20 g/t Au, TN-25-037 intersected 1.00 m @ 8.73 g/t Au and 1.00 m @ 62.40 g/t Au, 0.70 m @ 6.09 g/t Au and 4.50 m @ 4.17 g/t Au, including 0.80 m @ 8.45 g/t Au. Drill hole TN-25-045, designed as undercut of drill hole TN-25-043 ( 1.00 m @ 12.50 g/t Au), intersected 3.70 m @ 6.84 g/t Au including 1.40 m @ 12.40 g/t Au, 2.70 m @ 5.30 g/t Au including 0.50 m @ 11.30 g/t Au and 0.70 m @ 7.69 g/t Au.

Drilling on the SAM West target is continuing to test down dip extensions of the defined gold mineralization, including the continuity of the three vein zones, to a depth of 500 m . The Company is continuing to process the drill core, and results of the deeper holes will be released upon receipt of final assays.

Table 1: Significant Drill Hole Assay Results

Target Area

(name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Au

(g/t)

SAM West

TN-25-029

71.70

72.20

0.50

3.09

SAM West

TN-25-035

53.10

53.60

0.50

3.30

69.00

71.10

2.10

8.81

Including

70.50

71.10

0.60

19.20

SAM West

TN-25-037

60.90

61.90

1.00

8.73

65.10

66.10

1.00

62.40

86.80

87.50

0.70

6.09

128.80

133.30

4.50

4.17

Including

128.80

129.60

0.80

8.45

SAM West

TN-25-043

66.20

67.20

1.00

12.50

SAM West

TN-25-045

7.50

11.20

3.70

6.84

Including

8.30

9.70

1.40

12.40

29.50

32.20

2.70

5.30

Including

29.50

30.00

0.50

11.30

and

31.50

32.20

0.70

7.69

SAM West

TN-25-048

31.90

32.90

1.00

3.44

1)

Intercepts above a cut-off grade of 2.25 g/t Au

2)

Maximum of 2.50 m internal dilution and no top capping applied

3)

Intervals represent drill core length and are considered to represent 60% to 90% of true widths

4)

Full Significant Assay Results included in Table 2

5)

Drill hole Information included in Table 3

San Antonio West Target

The San Antonio West target is approximately 300 m west of the historically mined San Antonio zone of the True North Gold Mine. The San Antonio West target occurs within the gabbro of the San Antonio mafic unit and the intersection with the Cartwright South mineralized shear zone. The SAM gabbro hosts the majority of the known gold mineralization within the True North Mine and historically produced 1,309,351 ounces Au at an average grade of 9.33 g/t Au from San Antonio (see technical report entitled ‘NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada ‘, prepared by Lions Gate Geological Consulting Inc. and 1911 Gold, dated December 23, 2024 , with an effective date of August 29, 2024 , available on SEDAR+ at www.sedarplus.ca ). Drilling has now confirmed gold mineralization in quartz-carbonate shear veins with sericite, chlorite, minor tourmaline alteration and up to 2% disseminated and veinlet-hosted pyrite. The target occurs as a vein system parallel to the San Antonio Mine ore body, with the same geological, alteration and mineralization characteristics. Gold mineralization has been traced over a strike length of 500 m and to 260 m down dip.

Figure 4: Expanded Long Section (AA

Next Steps

With the continued intersection of good gold mineralization in step-out drilling of near surface targets at the True North Gold Mine complex in the San Antonio West, and San Antonio Southeast target areas, 1911 Gold is continuing to re-open the underground workings in order to gain access to continue exploration drilling to test the resource expansion of the 2 zones located immediately to the west and east of the underground infrastructure (See April 9, 2025 press release entitled ‘ 1911 Gold Successfully Re-Enters the True North Mine and Receives Manitoba Mineral Development Fund Grant’) . The Company is also continuing to test new target areas in addition to SAM W and SAM SE and has commenced the development of a plan to re-commence production. Two drill rigs have been continuing to operate on the property and results will be released as results are received. The review and redevelopment of the high grade near surface Ogama-Rockland 43-101 mineral resource, located 25 km by road to the east of True North, is also progressing well.

Table 2: True North; Select Drill Hole Assays

Target Area

(name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Au*

(g/t)

SAM West

TN-25-025

No Significant Results

SAM West

TN-25-029

71.70

72.20

0.50

3.09

SAM West

TN-25-032

167.80

168.70

0.90

1.20

177.40

178.30

0.90

0.71

SAM West

TN-25-035

53.10

53.60

0.50

3.30

69.00

71.10

2.10

8.81

Including

70.50

71.10

0.60

19.20

132.10

132.60

0.50

1.42

156.80

158.30

1.50

1.64

SAM West

TN-25-037

60.90

61.90

1.00

8.73

64.10

65.10

1.00

1.78

65.10

66.10

1.00

62.40

86.80

87.50

0.70

6.09

127.80

128.80

1.00

1.43

128.80

133.30

4.50

4.17

Including

128.80

129.60

0.80

8.45

204.70

206.10

1.40

0.83

SAM West

TN-25-043

5.70

6.50

0.80

1.18

10.10

11.30

1.20

0.74

13.00

13.50

0.50

1.03

66.20

67.20

1.00

12.50

69.70

70.20

0.50

1.33

73.30

77.00

3.70

0.65

81.40

83.30

1.90

0.53

SAM West

TN-25-045

5.50

7.50

2.00

0.89

7.50

11.20

3.70

6.84

Including

8.30

9.70

1.40

12.40

11.20

12.80

1.60

0.68

29.50

32.20

2.70

5.30

Including

29.50

30.00

0.50

11.30

and

31.50

32.20

0.70

7.69

71.60

72.10

0.50

1.53

SAM West

TN-25-048

28.30

29.20

0.90

0.96

31.90

32.90

1.00

3.44

33.70

34.90

1.20

0.67

39.30

40.50

1.20

0.81

45.20

47.00

1.80

0.62

55.30

56.10

0.80

1.75

*Composites above 0.5 g/t Au and metal factor above 0.5 Au ‘gxm’

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice-President Exploration of 1911 Gold, who is a ‘Qualified Person’ as defined under NI 43-101.

Table 3: True North; Drill Hole Details

Drill Hole
(Number)

`Target

(Name)

Northing*
(m)

Easting*
(m)

Elevation
(masl)

Azimuth
(°)

Inclination
(°)

Depth
(m)

TN-25-025

SAM West

5655913

311823

255

230

-80

149.0

TN-25-029

SAM West

5655914

311826

255

186

-69

167.0

TN-25-032

SAM West

5655913

311822

256

139

-64

182.0

TN-25-035

SAM West

5655894

311926

253

228

-45

193.0

TN-25-037

SAM West

5655894

311926

253

292

-73

215.0

TN-25-043

SAM West

5655811

311852

248

285

-49

164.0

TN-25-045

SAM West

5655811

311852

248

285

-68

170.0

TN-25-048

SAM West

5655788

311872

251

148

-45

131.0

*Coordinates are provided in UTM NAD83 Zone 15

Quality Assurance/Quality Controls (QA/QC)

Core samples are collected by sawing the drill core in half along the axis, with one-half sampled, placed in plastic sample bags, labelled, sealed and the other half retained for future reference. Batches are shipped to Activation Laboratories Ltd. (Actlabs), in Thunder Bay, Ontario for sample preparation and analysis. Samples are dried, crushed to 2mm and a 1 kg split is pulverized to -200 mesh. Gold analysis is completed by fire-assay with an atomic absorption finish on 50 grams of prepared pulp. Samples returning values equal or greater to 10.00 g/t are reanalysed by fire assay with a gravimetric finish. Total gold analysis (Screen Metallic Sieve) is conducted on highly mineralized samples or the presence of visible gold. Certified gold reference material samples are inserted every 20 samples and blank samples at intervals of one in every 50 samples, with additional blanks inserted after samples hosting visible gold. Repeat third-party gold analyses for 5% of all submitted sample pulps are analyzed at ALS-Chemex Laboratory, North Vancouver, Canada .

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither 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 release.

1911 Gold - Logo (CNW Group/1911 Gold Corporation)

SOURCE 1911 Gold Corporation

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Charbone Hydrogen Corporation

Brossard (Québec) TheNewswire – le 30 avril 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d’Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert, a annoncé aujourd’hui ses résultats financiers et opérationnels pour l’exercice se terminant le 31 décembre 2024, marqués par une augmentation de 15 % des revenus sur l’année précédente ainsi que des progrès essentiels vers le démarrage de la production d’hydrogène vert à son usine de Sorel-Tracy en 2025.

Tous les permis nécessaires pour l’usine de Sorel-Tracy ont été obtenus et Hydro-Québec, la société du réseau électrique provinciale, complète l’interconnexion, maintenant le projet sur la bonne voie pour la production de 2025.

FAITS SAILLANTS 2024:

  • Les dépenses ont diminué de 16% à 2 474 516 $ en 2024 comparativement à 2 961 451 $ en 2023 (recentrage des activités et resserrement des frais généraux et administratifs) ;

  • Les revenus ont augmenté de 15% à 325 753 $ en 2024, à partir de 282 724 $ en 2023 (générés par l’acquisition de Wolf River le 1 er décembre 2022). Il y a un arrêt temporaire de service à la centrale à la suite d’une panne d’équipement qui sera réparée, mais créant une dévaluation des actifs de 93 528 $;

  • La Société a clôturé des financements privés pour des produits bruts s’élevant à 1 773 538$ (1 258 297$ en 2023), des unités pour le règlement de dettes de 352 214 $ (747 228 $ en 2023) et l’exercice de bons de souscription/options pour 889 494 $ (néant $ en 2023) ;

  • La Société a fait l’acquisitions d’équipement de stockage d’hydrogène, a augmenté la capacité de son électrolyseur de Sorel-Tracy à 1,75 MW et a fait un dépôt sur deux électrolyseurs de 2,5 MW ;

  • La Société a conclu un financement par billets convertibles non garantis de 2,1 M$ d’une durée de 36 mois à un taux de 12 % par an, couru jusqu’à l’échéance ou la conversion, dans lequel le montant principal est convertible en actions ordinaires à un prix de conversion égal au plus élevé de 0,10 $ CA (ou l’équivalent en dollars américains) ou d’un prix par action représentant une décote de 20 % par action ordinaire ; et

  • La Société a également reçu un montant supplémentaire de 100 000 $ en 2024 de Finexcorp en débentures convertibles garanties à un prix réputé de 0,10 $ et a accepté de prolonger la date d’échéance des débentures convertibles garanties à 14 % (maintenant à 12 %) de 1,2 million de dollars canadiens qui ont été émises par la Société avec de meilleures conditions.

La gestion financière rigoureuse de Charbone et ses partenariats stratégiques permettent à l’entreprise de réaliser sa vision de créer un réseau nord-américain d’hydrogène vert. Ces avancées soulignent son engagement à devenir un leader de la transition énergétique.

Les efforts de la direction pour consolider et renforcer notre bilan ont été bien ciblés et délibérés , a déclaré Benoit Veilleux, Chef de la direction financière et secrétaire corporatif de Charbone. Les discussions en cours avec des partenaires stratégiques progressent positivement pour supporter et concrétiser le potentiel de croissance de Charbone avec nos partenaires financiers et investisseurs.


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À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée d’hydrogène vert disposant de capacités stratégiques de distribution de gaz industriels en Amérique du Nord. Tout en poursuivant le développement de son réseau modulaire de production d’hydrogène vert, Charbone s’appuie également sur des partenariats commerciaux pour fournir de l’hydrogène, de l’hélium et d’autres gaz industriels sans les exigences en capital élevées des usines de production. Cette approche améliore les sources de revenus, réduit les risques opérationnels et accroît la flexibilité sur le marché. Charbone reste la seule société purement axée sur l’hydrogène vert cotée en bourse en Amérique du Nord, avec des actions cotées à la Bourse de croissance TSX (TSXV: CH); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

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Charbone Hydrogen Corporation

Brossard, Quebec TheNewswire – April 30, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE’), North America’s sole publicly traded pure-play company specialized in green hydrogen production and distribution, today announces its financial and operating results for the year ending December 31, 2024, highlighted by a 15% year-over-year revenue increase and critical progress toward commencing green hydrogen production at its Sorel-Tracy facility in 2025.

All necessary permits for the Sorel-Tracy facility have been obtained, and Hydro-Québec, the provincial grid company, is completing interconnection, keeping the project on track for 2025 production.

2024 HIGHLIGHTS:

  • Spending decreased 16% to $2,474,516 in 2024 compared to $2,961,451 in 2023 (activities refocused and tightening of general and administrative expenses);

  • Revenue rose by 15% to $325,753 in 2024, up from $282,724 in 2023 (generated from the Wolf River acquisition on December 1, 2022). There is a temporary service reduction at the dam following an equipment failure that will be repaired, but creating an impairment of assets of $93,528;

  • The Company has closed private financings for gross proceeds amounting to $1,773,538 ($1,258,297 in 2023), Units for debt settlement of $352,214 ($747,228 in 2023) and exercises of warrants/options of $889,494 ($nil in 2023);

  • The Company made acquisitions of storage hydrogen equipment, upgraded its Sorel-Tracy electrolyzer capacity to 1.75MW and made a deposit on two 2.5MW electrolyzers;

  • The Company completed a $2.1M unsecured convertible notes financing with a 36-month term at a rate of 12% per annum, accrued until maturity or conversion, in which the principal amount is convertible into common shares at a conversion price of the greater of $0.10 CAD (or USD equivalent) or a price per share representing a discount of 20% per common share; and

  • The Company also received an additional $100,000 in 2024 from Finexcorp secured convertible debentures at a deemed price of $0.10 and agreed to extend the $1.2 million CAD 14% (now 12%) secured convertible debentures maturity date that were issued by the Company with better terms.

Charbone’s disciplined financial management, and strategic partnerships position the company to realize its vision of creating a North American green hydrogen network. These advancements underscore its commitment to becoming a leader in the energy transition.

‘Management’s efforts to shore up and strengthen our balance sheet have been focused and deliberate,’ said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE . ‘Ongoing talks with strategic partners are advancing well to support and execute CHARBONE’s growth potential with our financial partners and investors.’


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About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. CHARBONE remains North America’s only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under 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. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected 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 be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Copyright (c) 2025 TheNewswire – All rights reserved.

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A coalition deal in Germany has paved the way for conservative leader Friedrich Merz to become the country’s 10th chancellor since World War II. As part of the deal, outgoing Chancellor Olaf Scholz’s party, the Social Democrats (SPD), will join with Merz’s Christian Democratic Union (CDU).

Both parties in the agreement have ruled out governing with the far-right party Alternative for Germany (AfD).

CDU, along with its Bavarian sister party the Christian Social Union (CSU), won Germany’s elections in February after garnering 28.6% of the vote, according to Germany’s international broadcaster Deutsche Welle (DW). 

The AfD secured 20.8% of the vote. Meanwhile, Scholz’s SPD won just 16.4% of the vote, their worst result since World War II, according to the Associated Press (AP).

The coalition agreement was put to a vote among the SPD’s more than 358,000 members via an online ballot. More than half, 56%, of the party’s members voted on the deal, and of those who cast their ballots, 84.6% were in favor, the AP reported.

CDU/CSU and SPD are looking to invest in Germany’s infrastructure, raise the minimum wage to $17.01 per hour and to cap rents, according to Reuters, which cited the coalition contract.

The coalition deal gives SPD several major positions, including the finance, justice and defense ministries, according to the AP. In total, SPD was able to secure seven ministry positions, DW reported. 

Additionally, SPD leader Lars Klingbeil is set to become vice chancellor and finance minister — a key position as the country deals with the ramifications of President Donald Trump’s tariffs.

‘In these very difficult times in global politics, we bear responsibility for our security, for economic growth, secure jobs and equal opportunities,’ SPD General Secretary Matthias Miersch said, according to Reuters.

Merz celebrated SPD’s approval of the agreement in a post on X, which was translated by Reuters.

‘The broad approval of our coalition agreement shows that the political center is capable of taking action and assuming responsibility. This clears the way for a strong government that will finally solve our country’s problems,’ Merz wrote, according to a Reuters translation.
 

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A new government relations firm led in part by a former Trump lawyer has launched in Washington, D.C., with the aim of advocating for clients in the crypto and artificial intelligence space that has gained momentum since Trump’s election and inauguration. 

NexusOne Consulting, founded by attorney Jeff Ifrah of Ifrah Law, former Trump administration attorney Jim Trusty and former Trump Commerce Department official Ross Branson, opened its doors this week, marketing itself as a firm ‘focused on shaping federal policy and regulatory frameworks for clients in the emerging technologies sector, including AI, cryptocurrency and social media.’

Fox News Digital spoke to Ifrah, who outlined what he believed was a gap in the crypto and AI consulting space heading into the next four years of the Trump administration.

‘I think primarily before the Trump administration, there wasn’t really a need. It wasn’t like the industry was searching out D.C.-based advocates on a federal level,’ Ifrah said. ‘Shortly after Trump won the election it became kind of clear that these two verticals, AI and crypto, were going to need representation, and they previously hadn’t thought about that.’

Ifrah explained that his team did not see many firms with the necessary experience in the space and saw a benefit in ‘starting up a new shop with our kind of relationships and connections in the administration’ and ‘also paired that to a vertical industry we were familiar with you know, for which there wasn’t a lot of competition out there.’

In a press release, Trusty said, ‘NexusOne was launched to give the crypto, AI, and other emerging tech industries a seat at the table.’

‘We are perfectly positioned to help both the Executive Branch and private industry understand and appreciate each other’s roles and abilities in forging the new economy.’

NexusOne also unveiled members of the company’s advisory board, which includes Bill Bennett, former U.S. Secretary of Education under President George H.W. Bush, former GOP Oklahoma Gov. Mary Fallin and Andrew Graves, a Wall Street veteran who co-founded a nonprofit fundraising organization with Eric Trump. 

‘Headquartered across from the White House, NexusOne is the essential bridge between regulation and innovation,’ the company said in the press release. 

Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, told Fox News Digital earlier this month that Trump is aiming to make the U.S. the ‘crypto capital of the world,’ and that the administration is well on its way to ushering in ‘the golden age for digital assets.’ 

Ifrah told Fox News Digital that many potential clients in the space are looking for a ‘seat at the table’ and he believes NexusOne is the firm to help them do that. 

‘Technology is outpacing policy, and that creates both opportunity and risk,’ Ifrah said in the press release. ‘We created NexusOne to ensure that companies at the frontier of innovation have a trusted, connected voice in Washington.’

‘There’s a once-in-a-generation opportunity to shape the future of tech policy. We’re here to make sure innovators don’t just react to policy—they influence it.’

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Rep. Alexandria Ocasio-Cortez would ‘destroy America’ as president – but is a first-rate entrepreneur – says Canadian businessman and star of ABC’s ‘Shark Tank’ Kevin O’Leary.

O’Leary’s comments came over the weekend during the White House Correspondents’ Association annual dinner in response to questions about a new campaign-style video the far-left progressive lawmaker put out amid speculation she is considering a run for president.

‘I think she’s the best marketeer in politics. I buy her T-shirts, I gift them the tax the rich T-shirts – I love them. She makes 82% in margin on them, which, I think, shows you that inside of every socialist, there’s a capitalist trying to get out,’ O’Leary said. ‘Now, would she destroy America? Absolutely. There’s no chance she’ll ever be president. I don’t agree with anything she says, but I love her social media. She’s a crazy chicken.’ 

‘Her district is a wasteland,’ O’Leary added. ‘Why would anybody want her running anything? But I love what she does on T-shirts, so maybe she should start a T-shirt company.’

The ‘Shark Tank’ star’s comments came as Ocasio-Cortez has been criss-crossing the country over the last several weeks, participating in a ‘Fight Oligarchy’ tour alongside Sen. Bernie Sanders, I-Vt., in protest of President Donald Trump and his policies. The events have drawn large crowds and speculation over whether Ocasio-Cortez is testing the waters for a potential presidential run. 

Meanwhile, last week, Ocasio-Cortez posted a new campaign-style video to her social media accounts, invigorating that speculation even further.

 

Prominent pollster Nate Silver suggested earlier this month that Ocasio-Cortez is currently the leading Democrat to pick up the party’s presidential nomination in 2028, selecting her as his top choice in a 2028 election exercise with FiveThirtyEight’s Galen Druke. 

‘I think there’s a lot of points in her favor at this very moment,’ Druke said, adding, ‘Alexandria Ocasio-Cortez has broad appeal across the Democratic Party.’

Fox News Digital’s Deirdre Heavey and Paul Steinhauser contributed to this report.

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Former vice presidential nominee Gov. Tim Walz, D-Minn., continued a self-described ‘listening tour’ across the country at a Harvard Kennedy School forum on Monday night, ruling out a 2028 presidential bid and revealing why former Vice President Kamala Harris chose him as her running mate. 

Walz said Harris chose him, in part, because, ‘I could code talk to White guys watching football, fixing their truck’ and ‘put them at ease.’ The Minnesota governor described himself as the ‘permission structure’ for White men from rural America to vote for Democrats. 

‘I think I’ll give you pretty good stuff, but I’ll also give you 10% problematic,’ Walz added when pushed by moderator Brittany Shepherd, ABC News national political reporter, about why he didn’t take that message to cable news to reach a larger audience. Walz laughed off criticism over inconsistencies in his background on the 2024 campaign trail, describing himself as a ‘knucklehead.’

Walz told CNN’s Jake Tapper earlier this month that he was considering a third bid for Minnesota governor but was not thinking about running for president in 2028. When asked by Shepherd to explain, Walz said the Democratic Party should run a collective 2028 presidential campaign. 

‘I think we need to collectively run a presidential campaign without a candidate right now that builds all the infrastructure… by the time we get to 2028, we’re ready,’ Walz said. 

And on what he would have done differently in 2024, Walz said, ‘We would have won.’ Acknowledging that Democrats came up short in November, Walz said the party is ‘better off doing more’ in ‘every forum,’ following criticism that Democrats didn’t prioritize media appearances enough in 2024, whether long-form podcasts or traditional network news shows. 

‘There is room for Gavin Newsom’s podcast, and there is room for Bernie Sanders’ rallies,’ Walz said, as he described both instances as opportunities for Democrats to reclaim their own narrative.

Gov. Gavin Newsom, D-Calif., long considered a potential 2028 presidential candidate, has invited President Donald Trump’s allies and conservative guests, including Charlie Kirk and Steve Bannon, onto his new podcast to show he is open to ‘criticism and debate without demeaning or dehumanizing one another.’ The strategy follows criticism after the 2024 presidential election that Democrats didn’t prioritize new media appearances and unscripted conversations enough. 

Meanwhile, Sen. Bernie Sanders, I-Vt., has been jet-setting across the country on the ‘Fighting Oligarchy’ tour alongside another potential 2028 presidential candidate, Rep. Alexandria Ocasio-Cortez, D-N.Y. The self-described Democratic socialists have amassed tens of thousands of supporters to what they say are record-setting rallies for both politicians. 

Walz has been on his own cross-country tour, hosting town halls in Republican-held congressional districts. But the former vice presidential nominee has fallen into familiar missteps from the 2024 campaign trail – on the road and back at home. 

Walz was heckled by veterans at the Minnesota Capitol earlier this month for claims of ‘stolen valor.’ At a town hall in Wisconsin last month, a woman who registered for the event told Fox News Digital she was removed for filming Trump supporters getting kicked out. And during one of his first town hall events, Walz was slammed by Republicans for celebrating Tesla’s stock drop amid a spree of vandalism. 

While the Democrat said he was chosen by the Harris campaign to relate to White men, Walz has been unable to escape the nickname ‘Tampon Tim,’ coined by conservatives for his bill providing free menstrual products to ‘all menstruating students’ in school restrooms grades 4 to 12, including the boys’ room. 

Regardless of the comment or legislation, conservatives find a way to criticize ‘Tampon Tim,’ including when Walz claimed he could fight most Trump supporters earlier this year. 

Further reflecting on the Democrats’ 2024 losses, Walz said the party wins on the issues and ‘competency,’ but ‘we lose the message, and we lose power.’

‘Why have we lost the self-identity that the Democratic Party is for personal freedoms, middle-class folks, for labor folks. How did we lose it, where people didn’t self-identify with that? How did we get to a point where people didn’t feel like this was an important enough election to get out and vote?’ Walz asked during his speech Monday. 

Walz’s speech was on the eve of Trump’s first 100-day celebration, and he warned his fellow Democrats, ‘If you leave a void, Donald Trump will fill it,’ and added, ‘If I ever had 100 days to live, I would spend it in the Trump administration because it’s like a lifetime.’

‘It’s been 100 days of destruction. You think we can survive 550 more? That’s the challenge. That’s how long it is until the midterms,’ Walz said. 

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There are moments when I still wake up in terror, my heart pounding, convinced I’m back in those dark tunnels beneath Gaza. 

Then reality slowly breaks through—I am free. After 471 days held hostage by Hamas, I have returned to the world of light, of family, of possibility. But my heart remains heavy, knowing that others still endure the nightmare from which I’ve awakened.

My story begins on October 7, a day that tore my life in two. I went to the Nova festival with my best friend Gaya Halifa, looking forward to a day of music and celebration. When the terror attack began, we tried desperately to escape. After hiding in the bushes, Ben Shimoni arrived in his car to rescue me, Gaya and Ofir Tzarfati. 

For a brief moment, we thought we were safe. But that hope shattered when the terrorists opened fire on our car. I was wounded. Gaya did not survive. I remember her last words to me: ‘Romi, they shot me.’ We shared one final look, her eyes meeting mine before they rolled back as she took her last breath. In the end, I was the only survivor from our car. Since returning home, I’ve learned that Ben managed to save twelve other people at the festival that day before coming back to rescue us—a heroic act for which I am eternally grateful.

Every day in captivity tested every fiber of my being. I lost 22 pounds as food and water became luxuries rather than necessities. The bullet wound in my hand, untreated and without pain medication, led to complete disability in my right hand. Yet somehow, I endured. In captivity, I found an unexpected lifeline—Emily Damari. We first met after undergoing horrific surgeries in Gaza, waking up in a hospital after anesthesia. Thirty-nine days later, we reunited in the tunnels and remained inseparable. Two injured girls, two functioning hands between us, two bleeding souls becoming one.

She was my light when hope abandoned me. When I collapsed to the floor, she lifted me with a smile. When I cried so hard I couldn’t breathe, she wiped away my tears. When I yearned for my mother, she held me tightly and didn’t let go. We fought together to survive, and on January 19, we were both released.

I am incredibly grateful for getting my life back. I owe so much to you, President Trump, for your decisive leadership in advancing a deal that many thought impossible. When I returned, I learned how you promised from your first day in office that you would bring all the hostages back. Your commitment created the breakthrough that led to my release along with 37 other hostages. You achieved what many diplomats and leaders deemed impossible. Your intervention made this possible, and I look forward to meeting you face-to-face to express my profound gratitude. I believe you will finish what you’ve started.

I also thank the brave soldiers of the Israel Defense Forces who risked their lives. I thank my family who, like the families of all the hostages, fought tirelessly, traveled across continents and refused to let the world forget me and all the hostages. Their unwavering advocacy and determination to bring me home sustained them through their darkest hours, just as thoughts of them sustained me through mine.

Since my return, the journey has been far from over. I’ve been hospitalized, undergoing a 13-hour surgery. I never imagined my condition would be so severe. I didn’t anticipate that my leg would lose function as they harvested everything possible to repair my hand. I never expected to need rehabilitation for months ahead or that I would face multiple surgeries instead of just one. The rehabilitation is incredibly difficult, both physically and mentally. But I will face it all—this is what I waited for during those endless days of captivity.

As I navigate this new chapter of healing and hope, I carry with me the memory of those dark days and the people who sustained me through them. I carry the responsibility to speak for those who cannot yet speak for themselves—the hostages still waiting for their freedom.

It feels especially meaningful to mark the first 100 days of Trump’s presidency near Israel’s Independence Day. But true independence cannot exist when our people are still held captive. Every living hostage deserves the chance to breathe free air and reunite with loved ones, while those who have perished deserve to be returned to their families for proper burial and remembrance.

My story is not just one of survival but of the enduring human capacity for resilience. It is about finding light in the darkest places and strength when all seems lost. It is about the bonds that save us and the hope that sustains us.

My journey—and Israel’s journey—isn’t complete until every hostage returns home. I believe in us. I believe in you, President Trump. Let’s bring them all home.

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JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s president said Tuesday. One possibility: United Airlines.

JetBlue’s leaders have repeatedly said they need a partnership to better compete against larger airlines like Delta Air Lines and United.

JetBlue’s planned acquisition of Spirit Airlines was blocked by the Justice Department last year, while its partnership in the Northeast with American Airlines unraveled after the carriers lost an antitrust lawsuit in 2023.

The New York airline has been in talks with several carriers this year about a partnership. JetBlue’s president, Marty St. George, said on an earnings call on Tuesday that the company expects to make an announcement this quarter. He emphasized that the partner’s bigger network would allow customers to earn and burn loyalty points on JetBlue.

“If you are a customer in the Northeast and you love JetBlue for leisure, but twice a year you have to go to Omaha or Boise, these are places that you can’t earn TrueBlue points on now and when this partnership goes forward, you will be able to,” St. George said.

United Airlines could possibly get a foothold (again) into JetBlue’s home hub of John F. Kennedy International Airport in New York through the partnership. “We don’t engage in industry speculation,” a United Airlines spokeswoman said.

An Alaska Airlines spokeswoman said the carrier doesn’t have plans to partner with JetBlue and is focused on its recent merger with Hawaiian Airlines.

Southwest Airlines declined to comment. A Delta Air Lines spokesman said there was no pending announcement from the carrier about a partnership with another airline.

JetBlue declined to comment further.

American had been in talks to revive a different version of its partnership with JetBlue, but those failed and American said Monday that it sued JetBlue.

“Ultimately, we were unable to agree on a construct that preserved the benefits of the partnership we envisioned, made sense operationally or financially,” American Airlines Vice Chair Steve Johnson said in a letter to employees on Monday.

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Sitting inside her fly-infested tent in Gaza City, Iman Rajab sifts clumps of flour through a sieve, over and over again.

She found the half-bag of flour in a garbage dumpster. It is crawling with pests and shows clear signs of contamination. But it’s still Rajab’s best hope for keeping her six children fed and alive. So she sifts the flour once more to make bread.

“My kids are vomiting after they eat it. It smells horrible,” Rajab says of the bread it produces. “But what else can I do? What will I feed my children if not this?”

She is one of hundreds of thousands of parents in Gaza struggling to feed their children as the war-torn Palestinian enclave barrels towards full-blown and entirely man-made famine.

For nearly two months, Israel has carried out a total siege of Gaza, refusing to allow in a single truck of humanitarian aid or commercial goods – the longest period Israel has imposed such a total blockade.

Israel says it cut off the entry of humanitarian aid to pressure Hamas to release hostages. But international organizations say its actions violate international law, with some accusing Israel of using starvation as a weapon of war – a war crime.

Cases of acute child malnutrition are also rapidly rising, one of the telltale signs of impending famine. Nearly 3,700 children were diagnosed last month, an 82% increase from February, according to the United Nations.

Five-year-old Usama al-Raqab has already lost 8 lbs in the last month, now weighing just 20 lbs, according to his mother. According to the World Health Organization, the median weight for a healthy 5-year-old boy is about 40 lbs.

He has several pre-existing medical conditions – including a pancreatic disorder and respiratory issues – which require a diet rich in fats and proteins to stay healthy. Those foods have become almost completely unavailable as Israel’s siege approaches its third month.

Usama’s skin now sticks to his bones, and his mother says he can barely walk.

“I have to carry him everywhere. He can only manage to walk from the tent to the bathroom and nothing more,” she says.

When his mother takes off his clothes to bathe him, he winces in pain. Every movement is painful in his condition.

Food deliveries blocked just outside of Gaza

The aid organizations that were once the answer to a food crisis that has roiled Gaza for much of this nearly 19-month-long war are now also out of answers.

Standing in an empty warehouse, the WFP’s emergency coordinator in Gaza Yasmin Maydhane said the organization’s supplies have been “depleted.”

“We are in a position now where over 400,000 people that were receiving assistance from our hot meal kitchens – which is the last lifeline for the population – is in itself grinding to a halt,” she said.

If Israel would only open the gates to Gaza, the WFP says it is ready to surge enough aid into Gaza to feed the entire population for up to two months. UNRWA, the main UN agency supporting Palestinians, said it has nearly 3,000 trucks filled with aid waiting to cross into Gaza. Both need Israel to lift its blockade to get that aid in.

As conditions in Gaza spiral, Israel has offered no indication so far that it is planning any action to avert all-out famine.

Israel’s European allies – including France, Germany and the United Kingdom –have issued increasingly urgent calls for it to allow the entry of humanitarian aid – with one notable exception. Unlike last year, when former US President Joe Biden’s administration pressured Israel repeatedly to facilitate the entry of more aid into Gaza, President Donald Trump’s administration is backing Israel’s blockade.

The White House’s National Security Council has issued statements supportive of Israel’s control of the flow of humanitarian aid as a bargaining chip to compel Hamas to release more hostages. And last week, the newly appointed US ambassador to Israel rejected appeals from humanitarian officials to pressure Israel to open the crossings.

“What I would like to suggest is that we work together on putting the pressure where it really belongs: on Hamas,” Ambassador Mike Huckabee said, calling on Hamas to agree to another hostage release deal. “When that happens and hostages are released, which is an urgent matter for all of us, then we hope that that humanitarian aid will flow and flow freely.”

But Gaza’s starving civilians are running out of time.

At a soup kitchen in al-Nuseirat in central Gaza last Friday, hundreds of Palestinians waited in line in the scorching sun for the only meal most of them will eat that day.

Sitting on the ground, an elderly woman named Aisha shields her head from the sun with the pot she hopes will be filled with food. She feels sick – her head feels like it is melting, she says.

“We are starving, tired, and weary of this life,” Aisha says, her voice weak with fatigue. “There is no food, no nothing. Death is easier than this life.”

Young and the old crowd towards the front of the line, pots and bowls raised high. The one meal a day from this charitable association has become their only lifeline – but the exhausting routine of hours spent standing in line for meager sustenance is pushing him and many others to the brink.

“This pot – how can it feed eight people?” Abu Subhi Hararah shouts, unable to contain his frustration. “Who should I feed – my wife, my son, or the elderly?

“Our children are dying from war, from bombings at schools, tents and homes,” he cries. “Have mercy on us. We are searching for a morsel of food.”

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