Charbone Announces Investor Relations Appointment

BROSSARD, Quebec, Sept. 29, 2022 (GLOBE NEWSWIRE) — CHARBONE HYDROGEN Corporation (TSXV:CH) (“Coal”) is pleased to announce that it has entered into an advisory services agreement (the “Consulting Agreement”) with Oak Hill Financial Inc. (“Hill Oak”) to support Charbone’s investor relations activities.

Charbone has entered into the Advisory Agreement dated September 1, 2022, with an initial term of three months, from September 2022 to November 2022. The Advisory Agreement will be automatically renewed for periods of one month unless notice is given in writing. from Charbone or Oak Hill within five (5) business days following a monthly renewal. Pursuant to the advisory agreement, Oak Hill will provide investor relations services to Charbone with a focus on providing a turnkey solution for investor relations, investor community marketing, targeting advisor distribution channels and identifying existing and new investors. Oak Hill will receive $10,000 per month plus its expenses pre-approved by Charbone, as applicable, during the term of the consulting agreement.

Oak Hill has no interest, direct or indirect, in Charbone or its securities, nor any right or intention to acquire such interest. The Consulting Agreement remains subject to regulatory acceptance of the applicable filings with the TSX Venture Exchange (“TSXV”).

About Oak Hill Financial

Oak Hill Financial is a leading Canadian marketing and distribution firm, focused on IIROC’s retail brokerage networks, serving both asset managers and public companies. Oak Hill Financial’s experienced team of former asset management wholesalers, research analysts and financial market professionals specialize in building credibility for their clients with a network over 10,000 Canadian IIROC retail brokers and over 300 North American funds.

About Coal

Charbone is a Canadian green hydrogen company established in North America. The company’s strategy is to develop modular and scalable hydrogen facilities. Through the acquisition of hydroelectric power plants in the United States and Canada, Charbone intends to produce green molecules of dihydrogen from reliable and sustainable energy to distinguish itself as a supplier of an environmentally friendly solution for industrial companies. and commercial.

Forward-looking statements

This press release contains statements that are “forward-looking information” within the meaning of Canadian securities laws (“forward-looking statements“). These forward-looking statements are often identified by words such as “intends”, “anticipates”, “expects”, “believes”, “plans”, “likely” or similar words. More Specifically, this press release includes – forward-looking statements regarding the TSXV’s approval of the consulting agreement, other statements regarding future product developments and markets, including with respect to specific indications, and any other statements other than statements of historical facts and the expected timing of such events Forward-looking statements reflect the respective expectations, estimates or projections of Charbone’s management regarding future results or events, based on the opinions, assumptions and estimates considered as reasonable by management as of the date the statements are made.Although Charbone believes that the expectations reflected in the forward-looking statements are nt reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements may be affected by risks and uncertainties in Charbone’s business.

Except as required by applicable securities laws, Charbone undertakes no obligation to publicly update or revise any forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release..

contacts

Dave B. Gagnon Benoit Veilleux
CEO and Chairman of the Board Financial director
CHARBONE Hydrogen Company CHARBONE Hydrogen Company
Telephone: +1 450 678-7171 Telephone: +1 450 678-7171
Email: dg@charbone.com Email: bv@charbone.com

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