CHARBONE Corporation announced that company management will host a corporate update webinar on December 16th at 11:00am ET. Chairman and CEO Dave Gagnon and CFO Benoit Veilleux will provide an overview of the company's operations, market insights on clean Ultra High Purity hydrogen and other industrial gases, recent corporate achievements and upcoming milestones during the webinar. Investors and interested parties can register for the webinar through the Webinar Registration page. Following the live presentation, there will be an allotted time for a Q&A session. Unaddressed questions will be reviewed by management and responded to accordingly. Questions may be submitted beforehand in the registration form or by email at ir@charbone.com.
The company has also engaged Red Cloud Securities Inc. to provide market making services for its securities. CHARBONE has engaged Red Cloud, established in 2011 and based in Toronto and Vancouver, to provide services whereby it will buy and sell securities of the company for the purposes of market making. This includes maintaining a reasonable and consistent bid and offer spread for the company's common stock traded on the TSX Venture Exchange on a best-efforts basis. Red Cloud has variable stock position in CHARBONE in the course of the market making mandate and uses its own funds to execute. The services will mainly be rendered by Mr. Adam Smith who is acting at arm's length to the company. Under the terms of the agreement, Red Cloud will receive a fee of $5,000 per month, commencing December 1st, 2025. The agreement will continue in effect unless terminated by either party with no less than thirty days' notice. No stock options are being granted, and no other compensation is payable in connection with the engagement. The agreement is subject to regulatory approval.
This announcement matters because it demonstrates CHARBONE's proactive approach to investor communication and market stability during a critical growth phase for the clean hydrogen sector. The corporate update webinar provides transparency about the company's progress in developing clean hydrogen infrastructure, while the market making engagement with Red Cloud Securities aims to enhance liquidity and trading efficiency for CHARBONE's publicly traded securities. These initiatives are particularly significant given CHARBONE's strategic position in the emerging clean hydrogen economy. The company is focused on developing a network of clean hydrogen production facilities throughout North America and select markets abroad, starting with its flagship Sorel-Tracy project in Quebec. CHARBONE's integrated model reduces risk, enhances scalability, and enables diversified revenue streams through partnerships in helium and other specialty gases. The company is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions. Additional information is available at www.charbone.com. The timing of these announcements suggests CHARBONE is positioning itself for increased investor engagement as it advances its clean hydrogen projects, which could have implications for the company's ability to attract capital and execute its growth strategy in the competitive clean energy market.
