Charbone Hydrogen Corporation, based in Brossard, Quebec, has announced a 30-day extension for a private placement financing round of up to US$6 million for unsecured convertible debt. The company successfully closed US$1.5 million on December 4, 2024, and has seen additional funding from warrant exercises. Charbone focuses on producing green hydrogen using renewable energy sources for various sectors. The firm aims to create a network of modular green hydrogen production facilities across North America. Charbone is the only publicly traded pure-play green hydrogen company in North America, listed on multiple stock exchanges. The company's offering includes unsecured convertible notes with a 36-month term at a 12% annual interest rate. Charbone's strategic approach involves leveraging hydropower and nuclear energy to produce eco-friendly hydrogen. Canada's hydrogen policy, which aims to meet a significant portion of its energy needs through hydrogen by 2050, coupled with tax incentives for clean energy projects, presents a supportive environment for Charbone's expansion. The US is also focused on increasing hydrogen production, with the Department of Energy targeting significant hydrogen output by 2030 and 2050. Charbone plans to develop 16 hydrogen projects in North America, with the first project underway in Sorel-Tracy, Quebec. The company has established strong partnerships to execute its business model successfully. With a growing emphasis on decarbonization and the transition to sustainable energy sources, Charbone's dedication to green hydrogen positions it well to cater to the rising demand for environmentally friendly energy solutions.