CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a North American producer and distributor of clean Ultra High Purity (UHP) hydrogen and industrial gases, announced a positive strategic update following an executive mission to Malaysia. The mission, led by CEO Dave B. Gagnon and Senior Vice President Patrick Cuddihy, builds on a framework agreement with Green Hydrogen ASIAPAC SDN BHD, signed June 25, 2025. The company confirmed aligned intent among all parties to advance the Malaysian green hydrogen UHP project, CHARBONE's interest in taking an equity stake in Green Hydrogen ASIAPAC, and its intention to play an active operational role in the project's development and execution.
This milestone reinforces CHARBONE's strategy to expand beyond North America and establish a disciplined, scalable presence in the Asia-Pacific market, one of the fastest-growing regions for clean hydrogen and specialty gases. The company expressed appreciation to Malaysian authorities and partners for strong institutional support, specifically acknowledging the Malaysian Industry-Government Group for High Technology (MIGHT) for facilitating strategic dialogue and enabling cross-border industrial collaboration. Malaysia is described as a compelling platform for clean energy deployment, supported by national decarbonization initiatives and industrial demand growth.
CHARBONE's expansion aligns with its broader strategy to build a globally integrated industrial gas platform anchored in ultra-high purity hydrogen, strategic specialty gases, and disciplined project execution through modular, decentralized production models. The company intends to replicate its North American approach in Asia-Pacific, targeting high-growth sectors including semiconductors and advanced electronics, artificial intelligence and data centers, pharmaceuticals and biotechnology, and defense and aerospace.
“Our mission in Malaysia confirms that CHARBONE’s international strategy is gaining real traction. Asia-Pacific represents a critical growth pillar alongside North America, and we are seeing strong alignment with partners who recognize the value of our modular, execution-focused approach,” said Dave Gagnon, CEO and Chairman. “We are particularly encouraged by the opportunity to deepen our involvement with Green Hydrogen ASIAPAC, not only as a technical partner, but as an investor and operator. We thank MIGHT, Malaysian authorities, and our partners for their trust and commitment as we move forward together.”
CHARBONE is currently working with all parties to update the continuity and implementation of the existing agreement and looks forward to providing shareholders with more detailed information on the project and development scope. The company is a developer and producer of clean UHP hydrogen with a growing industrial gas distribution platform. Through a modular approach, CHARBONE focuses 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. The company’s integrated model reduces risk, enhances scalability, and enables diversified revenue streams through partnerships in helium and other specialty gases. CHARBONE is listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Stock Exchange. More information is available at www.charbone.com.
