CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company, announced the expansion of its dedicated helium delivery fleet from one unit to five, enabling accelerated service to North American customers amid tightening global supply. The expansion follows accelerated commercial demand triggered by recent geopolitical disruptions affecting key helium production facilities.
Global helium supply shortages have enabled CHARBONE to grow its business faster in underserved markets. Recent disruptions to Qatar’s Ras Laffan complex, historically responsible for approximately one-third of global helium supply, and the Strait of Hormuz effectively closed to Western shipping, have driven price volatility across North American markets. Reported helium spot prices have increased significantly, creating urgent demand for reliable domestic supply sources for sectors like semiconductor manufacturing and healthcare.
CHARBONE's helium division, launched in 2025, leverages the company's vertically integrated infrastructure and decentralized production model. By establishing supply capability ahead of recent market disruptions, CHARBONE secured long-term customer commitments through 2028 that insulate North American operations from volatile international shipping dependencies.
The Company’s growth is reflected in its rapidly expanding customer base and logistics capacity. The dedicated helium trailer fleet increased from a single unit in Q4 2025 to five today, with the capacity to add five more within months. Additionally, 22 new helium customers were added across Quebec, spanning laboratories, advanced manufacturing, and technical services. CHARBONE continues to deploy recurring revenue streams across UHP hydrogen, helium, and oxygen, supporting portfolio diversification.
“We were prepared to scale helium production well before recent supply disruptions materialized. With trailers on order and agreements in place, we've grown our dedicated helium fleet from one unit to five and remain positioned to add five more within months to meet this surge in demand,” said Patrick Cuddihy, Senior Vice-President of CHARBONE.
The shortage has also acted as a strategic market entry tool. Because industrial gas buyers are typically permitted to seek secondary suppliers when their primary providers cannot deliver, CHARBONE has captured market share from established competitors facing supply constraints. Management expects these new helium relationships to eventually facilitate cross-selling of hydrogen and oxygen products.
While CHARBONE’s helium division continues to benefit from the setback on production facilities in Qatar requiring rebuilding from drone and missile attacks in March 2026 and shipping constraints persist, CHARBONE remains in continuous commercial production at its Sorel-Tracy flagship hydrogen plant. With Phase 1B scale-up currently underway, the Company is focused on delivering sustained sales growth across its decentralized North American network.
CHARBONE also announced it has engaged IMPAQ Capital Inc. to deliver investor relations services for an initial term of ten months, effective July 13, 2026, with a monthly cash fee of $8,500 and 300,000 stock options granted on June 23, 2026 at an exercise price of $0.15. Combined with its existing US-based investor relations firm, RB Milestone Group, the Company aims to strengthen its footprint with North American investor communities.
