CHARBONE Secures Three-Year UHP Oxygen Supply Contract with US Customer, Expanding Industrial Gas Footprint

April 23rd, 2026 11:25 AM
By: Newsworthy Staff

CHARBONE CORPORATION announces a three-year UHP oxygen supply contract with an American industrial client, marking a significant step in its US expansion and validating its multi-molecule strategy beyond hydrogen.

CHARBONE Secures Three-Year UHP Oxygen Supply Contract with US Customer, Expanding Industrial Gas Footprint

CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a North American producer and distributor of clean Ultra High Purity (UHP) hydrogen and strategic industrial gases, has signed a three-year supply contract with an American industrial client for the sale of UHP oxygen. The agreement strengthens the Company's presence in the United States, particularly in the "Tech Valley" region of New York State, and follows previous orders including an initial delivery of UHP oxygen.

This long-term contract supports the customer's critical operations in an advanced industrial sector by providing a regular supply of UHP oxygen that meets the highest purity standards. The commitment aligns with CHARBONE's multi-molecule strategy to build an integrated platform of UHP industrial gases, combining hydrogen, oxygen, helium, and other specialty gases. By expanding beyond hydrogen, the Company aims to serve the needs of advanced technology, pharmaceutical, and manufacturing industries.

Dave Gagnon, CHARBONE's Chief Executive Officer and Chairman of the Board, stated: "The signing of this three-year UHP oxygen supply contract with an American customer confirms the strength of our business relationship and our ability to deliver ultra-high purity gases according to the most demanding market standards. This agreement strengthens our presence in the United States and fully validates our multi-molecule development strategy. We are pursuing our goal of becoming a key player in UHP industrial gases in North America."

The contract is a structuring commitment that demonstrates customer confidence in CHARBONE as a reliable partner for UHP industrial gases. The Company's integrated model, which reduces risk and enhances scalability, supports diversified revenue streams through partnerships in helium and other specialty gases. CHARBONE is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions while serving underserved industrial gas customers.

CHARBONE is listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). More information is available at www.charbone.com.

Forward-looking statements in this release are based on management's expectations and are subject to risks and uncertainties. These include factors described under "Risk Factors" in the Corporation's Management's Discussion & Analysis for the period ended September 30, 2025, available on SEDAR+ at www.sedarplus.ca. Except as required by law, CHARBONE undertakes no obligation to update forward-looking information.

Source Statement

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