CHARBONE Corporation, a North American producer and distributor specializing in clean Ultra High Purity hydrogen and strategic industrial gases, has announced two significant developments for investors and market participants. The company will host a corporate update webinar on December 16th and has engaged Red Cloud Securities Inc. to provide market making services for its common stock.
The corporate update webinar, scheduled for 11:00am ET on December 16th, represents a direct channel for management to communicate with the investment community. Chairman and CEO Dave Gagnon and CFO Benoit Veilleux will provide an overview of the company's operations, market insights on clean UHP hydrogen and other industrial gases, recent corporate achievements, and upcoming milestones. Interested parties can register for the webinar at https://newmediawire.com/webinar-registration. Following the live presentation, management will conduct a Q&A session, with questions also accepted beforehand via the registration form or by email at ir@charbone.com.
Concurrently, CHARBONE has engaged Red Cloud Securities to provide market making services aimed at maintaining reasonable and consistent bid and offer spreads for the company's common stock traded on the TSX Venture Exchange. This engagement, which commenced December 1st, involves Red Cloud using its own funds to buy and sell CHARBONE securities on a best-efforts basis. The services will be primarily rendered by Adam Smith, who acts at arm's length to the company. Under the agreement, Red Cloud will receive a monthly fee of $5,000, with the arrangement subject to regulatory approval and terminable by either party with thirty days' notice.
These announcements carry significant implications for investors and the clean energy sector. The webinar provides transparency into CHARBONE's progress as it develops a network of clean hydrogen production facilities, starting with its flagship Sorel-Tracy project in Quebec. This communication is particularly important as the company positions itself within the growing market for decentralized clean energy solutions supporting the global transition to a lower-carbon economy.
The market maker engagement with Red Cloud addresses liquidity concerns that often affect smaller public companies. By maintaining tighter bid-ask spreads, this arrangement potentially reduces trading costs for investors and may attract broader market participation. This is especially relevant for CHARBONE as it trades on multiple exchanges including the TSX Venture Exchange (TSXV: CH), OTC Markets (OTCQB: CHHYF), and Frankfurt Stock Exchange (FSE: K47).
For the industrial gas and clean energy industries, CHARBONE's developments reflect the increasing importance of accessible hydrogen production and distribution infrastructure. The company's integrated model, which reduces risk and enables diversified revenue streams through partnerships in helium and other specialty gases, represents an emerging approach to scaling clean energy solutions. Investors seeking exposure to the hydrogen economy will find the December 16th webinar particularly valuable for understanding CHARBONE's strategic positioning and operational milestones.
