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Charbone Hydrogen Announces Board Nominee and Debt Settlement

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Charbone Hydrogen Announces Board Nominee and Debt Settlement

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Charbone Hydrogen Corporation ( (TSE:CH) ) just unveiled an announcement.

CHARBONE Hydrogen Corporation has nominated Mr. Jean-Claude Gonneau as a new Board Director, set to be elected at the upcoming Annual General and Extraordinary Meeting of Shareholders. Mr. Gonneau brings over 40 years of experience in management and investment banking, with extensive expertise in Greentech and non-conventional energy sectors. Additionally, CHARBONE has announced a shares-for-debt settlement to address $310,000 in management remuneration debts, aiming to conserve capital while formalizing agreements with its management team. These corporate updates are expected to enhance CHARBONE’s strategic direction and financial management.

More about Charbone Hydrogen Corporation

CHARBONE Hydrogen Corporation is North America’s only publicly traded pure-play green hydrogen company. It is focused on producing and distributing green hydrogen, positioning itself in the growing renewable energy industry.

YTD Price Performance: -25.00%

Average Trading Volume: 520,503

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$8.03M

See more insights into CH stock on TipRanks’ Stock Analysis page.

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