Charbone Hydrogen Corporation (TSE:CH) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Charbone Hydrogen Corporation has renegotiated the terms of its convertible debentures with a Finexcorp-led group, extending the maturity date to October 2025, decreasing the annual interest rate to 12%, and lowering the conversion price to $0.10 per share. This strategic financial move aims to bolster the company’s plans to establish green hydrogen production facilities in North America.
For further insights into TSE:CH stock, check out TipRanks’ Stock Analysis page.
