Charbone Hydrogen Corporation, listed as TSX-V:CH and OTCQB:CHHYF, has successfully closed a C$2.1 million unsecured convertible debt tranche to support the development of its initial two green hydrogen production facilities in Sorel-Tracy, Quebec, and Detroit, Michigan. This funding is part of a broader private placement initiative aiming to raise up to US$6 million through unsecured convertible notes. The company's Sorel-Tracy facility, the primary site with imminent operations, is set to receive a pre-ordered electrolyzer in early 2025. In parallel, Charbone is progressing on its Detroit green hydrogen project. By 2030, the corporation targets the establishment of 16 green hydrogen production facilities throughout North America. Charbone's CEO, Dave Gagnon, expressed confidence in the company's market positioning and growth prospects. The recent investment further solidifies Charbone's pioneering role in the North American green hydrogen sector. The strategic focus lies on near-term revenue generation, enhancing shareholder value, and realizing a flexible green hydrogen network model. Charbone has also secured electrolyzers from a reputable manufacturer, indicating a commitment to quality and scalability. The company's growth strategy aligns with the escalating demand for green hydrogen in North America. Through a modular production approach, Charbone aims to facilitate the transition to sustainable energy while meeting the evolving needs of various stakeholders. Additionally, ongoing efforts to amend a prior secured convertible debenture issuance underline Charbone's proactive financial management. Looking ahead, Charbone anticipates closing a subsequent tranche of its private placement by early 2025, showcasing a commitment to sustained financial backing for its expansion plans.