Author

admin

Browsing

1911 Gold Corporation (‘ 1911 Gold ‘ or the ‘ Company ‘) (TSXV: AUMB) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from eight (8) drill holes for 1,371.0 metres (‘m’) from the ongoing surface drill program at the recently discovered San Antonio West target at the True North Project. The True North project, including a permitted mill, camp, and tailings facility, is centrally located within the Company’s 100%-owned Rice Lake Gold property in southeast Manitoba, Canada .

Highlights:

  • Drilling has continued to expand the near-surface quartz vein hosted gold (‘Au’) mineralization on the new San Antonio West (‘SAM West’) target

San Antonio West Target

  • Drill results confirmed the western extensions of gold mineralization within the prolific San Antonio mafic unit of 260   m down dip and 500 m along strike, including:
    • TN-25-037: Intersected 8.73 grams per tonne (g/t) Au over 1.00 m at a downhole depth of 60.90 m , 62.40 g/t Au over 1.00 m at a downhole depth of 65.10 m , 6.09 g/t Au over 0.70 m at a down hole depth of 86.80 m and 4.17 g/t Au over 4.50 m at a downhole depth of 128.80 m , including 8.45 g/t Au over 0.80 m
    • TN-25-035: Intersected 8.81 g/t Au over 2.10 m at a downhole depth of 69.00 m , including 19.20 g/t Au over 0.60 m
    • TN-25-045: Intersected 6.84 g/t Au over 3.70 m at a down-hole depth of 7.50 m including 12.40 g/t Au over 1.40 m , and 5.30 g/t Au over 2.70 m at down hole depth of 29.50 m including 11.30 g/t Au over 0.50 m , and 7.69 g/t Au over 0.70 m
    • TN-25-043: Intersected 12.50 g/t Au over 1.00 m at a downhole depth of 66.20 m

Shaun Heinrichs , CEO and President, stated, ‘These follow-up holes at the San Antonio West target show evidence of several shear structures and also higher grades as we extend drilling to depth. The results continue to show another parallel ore shoot to the San Antonio Mine vein system, similar to what we are seeing on the San Antonio Southeast target. The target potentially extends over a kilometre or more to depth. Further, the San Antonio West mineralization closes the gap between the San Antonio mine and the Cartwright resource to the west, opening that area up for potential underground mining in the future. We are currently completing a 400 metre deep hole on the SAM West target, and assays for another 7 drill holes for 1,940 metres are pending from the laboratory. We are also developing underground drill plans for this target, which will be prioritized based on our internal mine plan study.’

1911 Gold has now completed thirty-nine (39) surface drill holes, for a total of 8,487.4 m on the current drill program which commenced in October 2024 and remains ongoing with new targets being generated and drill tested within prospective host rocks, and mineralized structural settings, including significant historical results. The program is continuing and is planned to include up to 30,000 m of drilling by the end of 2025.

S   an Antonio West Target: Discussion of Results

Drilling completed to date has confirmed the extensions of gold mineralization within the SAM gabbro to over 600 m west of the historically mined San Antonio zone, covering an area 500 m long and over 260 m to depth, dipping 50º to the northeast. Thirteen (13) drill holes for a total of 2,099.0 m have been completed to date on the SAM West target area.

The latest drill holes extended the footprint of mineralization 100 m to the east towards the main San Antonio zone and 100 m down dip from the results announced on February 4, 2025 (see press release entitled ‘1911 Gold Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North’) .

Drill holes TN-25-035 ( 2.10 m @ 8.81 g/t Au, including 0.60 m @ 19.20 g/t Au), TN-25-037 ( 1.00 m @ 62.40 g/t Au), TN-25-045 ( 3.70 m @ 6.84 g/t Au) and TN-25-048 ( 1.00 m @ 3.44 g/t Au) tested an area over 100 m to the southeast and 100 m down dip of previously released drill hole TN-24-005 ( 3.00 m @ 2.45 g/t Au).

Drill hole TN-25-035, designed as a 200 m step-out to the east of drill hole TN-25-006 ( 4.84 m @ 3.70 g/t Au, including 1.05 m @ 7.23 g/t Au and 0.91 m @ 8.42 g/t Au), intersected 2.10 m @ 8.81 g/t Au including 0.60 m @ 19.20 g/t Au. Drilling successfully extended the gold mineralization to the east as interpreted and returned similar high-grade gold results.

Drill holes TN-25-029 and TN-25-043 ( 1.00 m @ 12.50 g/t Au) tested the up-dip extensions of the zone above and to the east of previously released holes TN-24-007 and TN-24-006 ( 4.84 m @ 3.70 g/t Au, including 1.05 m @ 7.23 g/t Au and 0.91 m @ 8.42 g/t Au).

Drilling has confirmed the existence of up to three (3) vein zones hosted within the target gabbro unit, supporting the potential to mine multiple zones on levels as conducted historically. Drill holes TN-25-035, TN-25-037, TN-25-043 and TN-25-045 intersected 3 distinct vein zones hosting high-grade gold mineralization over a vertical distance of over 200 m . TN-25-035 intersected 2.10 m @ 8.81 g/t Au including 0.60 m @ 19.20 g/t Au, TN-25-037 intersected 1.00 m @ 8.73 g/t Au and 1.00 m @ 62.40 g/t Au, 0.70 m @ 6.09 g/t Au and 4.50 m @ 4.17 g/t Au, including 0.80 m @ 8.45 g/t Au. Drill hole TN-25-045, designed as undercut of drill hole TN-25-043 ( 1.00 m @ 12.50 g/t Au), intersected 3.70 m @ 6.84 g/t Au including 1.40 m @ 12.40 g/t Au, 2.70 m @ 5.30 g/t Au including 0.50 m @ 11.30 g/t Au and 0.70 m @ 7.69 g/t Au.

Drilling on the SAM West target is continuing to test down dip extensions of the defined gold mineralization, including the continuity of the three vein zones, to a depth of 500 m . The Company is continuing to process the drill core, and results of the deeper holes will be released upon receipt of final assays.

Table 1: Significant Drill Hole Assay Results

Target Area

(name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Au

(g/t)

SAM West

TN-25-029

71.70

72.20

0.50

3.09

SAM West

TN-25-035

53.10

53.60

0.50

3.30

69.00

71.10

2.10

8.81

Including

70.50

71.10

0.60

19.20

SAM West

TN-25-037

60.90

61.90

1.00

8.73

65.10

66.10

1.00

62.40

86.80

87.50

0.70

6.09

128.80

133.30

4.50

4.17

Including

128.80

129.60

0.80

8.45

SAM West

TN-25-043

66.20

67.20

1.00

12.50

SAM West

TN-25-045

7.50

11.20

3.70

6.84

Including

8.30

9.70

1.40

12.40

29.50

32.20

2.70

5.30

Including

29.50

30.00

0.50

11.30

and

31.50

32.20

0.70

7.69

SAM West

TN-25-048

31.90

32.90

1.00

3.44

1)

Intercepts above a cut-off grade of 2.25 g/t Au

2)

Maximum of 2.50 m internal dilution and no top capping applied

3)

Intervals represent drill core length and are considered to represent 60% to 90% of true widths

4)

Full Significant Assay Results included in Table 2

5)

Drill hole Information included in Table 3

San Antonio West Target

The San Antonio West target is approximately 300 m west of the historically mined San Antonio zone of the True North Gold Mine. The San Antonio West target occurs within the gabbro of the San Antonio mafic unit and the intersection with the Cartwright South mineralized shear zone. The SAM gabbro hosts the majority of the known gold mineralization within the True North Mine and historically produced 1,309,351 ounces Au at an average grade of 9.33 g/t Au from San Antonio (see technical report entitled ‘NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada ‘, prepared by Lions Gate Geological Consulting Inc. and 1911 Gold, dated December 23, 2024 , with an effective date of August 29, 2024 , available on SEDAR+ at www.sedarplus.ca ). Drilling has now confirmed gold mineralization in quartz-carbonate shear veins with sericite, chlorite, minor tourmaline alteration and up to 2% disseminated and veinlet-hosted pyrite. The target occurs as a vein system parallel to the San Antonio Mine ore body, with the same geological, alteration and mineralization characteristics. Gold mineralization has been traced over a strike length of 500 m and to 260 m down dip.

Next Steps

With the continued intersection of good gold mineralization in step-out drilling of near surface targets at the True North Gold Mine complex in the San Antonio West, and San Antonio Southeast target areas, 1911 Gold is continuing to re-open the underground workings in order to gain access to continue exploration drilling to test the resource expansion of the 2 zones located immediately to the west and east of the underground infrastructure (See April 9, 2025 press release entitled ‘ 1911 Gold Successfully Re-Enters the True North Mine and Receives Manitoba Mineral Development Fund Grant’) . The Company is also continuing to test new target areas in addition to SAM W and SAM SE and has commenced the development of a plan to re-commence production. Two drill rigs have been continuing to operate on the property and results will be released as results are received. The review and redevelopment of the high grade near surface Ogama-Rockland 43-101 mineral resource, located 25 km by road to the east of True North, is also progressing well.

Table 2: True North; Select Drill Hole Assays

Target Area

(name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Au*

(g/t)

SAM West

TN-25-025

No Significant Results

SAM West

TN-25-029

71.70

72.20

0.50

3.09

SAM West

TN-25-032

167.80

168.70

0.90

1.20

177.40

178.30

0.90

0.71

SAM West

TN-25-035

53.10

53.60

0.50

3.30

69.00

71.10

2.10

8.81

Including

70.50

71.10

0.60

19.20

132.10

132.60

0.50

1.42

156.80

158.30

1.50

1.64

SAM West

TN-25-037

60.90

61.90

1.00

8.73

64.10

65.10

1.00

1.78

65.10

66.10

1.00

62.40

86.80

87.50

0.70

6.09

127.80

128.80

1.00

1.43

128.80

133.30

4.50

4.17

Including

128.80

129.60

0.80

8.45

204.70

206.10

1.40

0.83

SAM West

TN-25-043

5.70

6.50

0.80

1.18

10.10

11.30

1.20

0.74

13.00

13.50

0.50

1.03

66.20

67.20

1.00

12.50

69.70

70.20

0.50

1.33

73.30

77.00

3.70

0.65

81.40

83.30

1.90

0.53

SAM West

TN-25-045

5.50

7.50

2.00

0.89

7.50

11.20

3.70

6.84

Including

8.30

9.70

1.40

12.40

11.20

12.80

1.60

0.68

29.50

32.20

2.70

5.30

Including

29.50

30.00

0.50

11.30

and

31.50

32.20

0.70

7.69

71.60

72.10

0.50

1.53

SAM West

TN-25-048

28.30

29.20

0.90

0.96

31.90

32.90

1.00

3.44

33.70

34.90

1.20

0.67

39.30

40.50

1.20

0.81

45.20

47.00

1.80

0.62

55.30

56.10

0.80

1.75

*Composites above 0.5 g/t Au and metal factor above 0.5 Au ‘gxm’

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice-President Exploration of 1911 Gold, who is a ‘Qualified Person’ as defined under NI 43-101.

Table 3: True North; Drill Hole Details

Drill Hole
(Number)

`Target

(Name)

Northing*
(m)

Easting*
(m)

Elevation
(masl)

Azimuth
(°)

Inclination
(°)

Depth
(m)

TN-25-025

SAM West

5655913

311823

255

230

-80

149.0

TN-25-029

SAM West

5655914

311826

255

186

-69

167.0

TN-25-032

SAM West

5655913

311822

256

139

-64

182.0

TN-25-035

SAM West

5655894

311926

253

228

-45

193.0

TN-25-037

SAM West

5655894

311926

253

292

-73

215.0

TN-25-043

SAM West

5655811

311852

248

285

-49

164.0

TN-25-045

SAM West

5655811

311852

248

285

-68

170.0

TN-25-048

SAM West

5655788

311872

251

148

-45

131.0

*Coordinates are provided in UTM NAD83 Zone 15

Quality Assurance/Quality Controls (QA/QC)

Core samples are collected by sawing the drill core in half along the axis, with one-half sampled, placed in plastic sample bags, labelled, sealed and the other half retained for future reference. Batches are shipped to Activation Laboratories Ltd. (Actlabs), in Thunder Bay, Ontario for sample preparation and analysis. Samples are dried, crushed to 2mm and a 1 kg split is pulverized to -200 mesh. Gold analysis is completed by fire-assay with an atomic absorption finish on 50 grams of prepared pulp. Samples returning values equal or greater to 10.00 g/t are reanalysed by fire assay with a gravimetric finish. Total gold analysis (Screen Metallic Sieve) is conducted on highly mineralized samples or the presence of visible gold. Certified gold reference material samples are inserted every 20 samples and blank samples at intervals of one in every 50 samples, with additional blanks inserted after samples hosting visible gold. Repeat third-party gold analyses for 5% of all submitted sample pulps are analyzed at ALS-Chemex Laboratory, North Vancouver, Canada .

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or describes a ‘goal’, or variation of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved.

All forward-looking statements reflect the Company’s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company’s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither 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.

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/30/c6906.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

Brossard (Québec) TheNewswire – le 30 avril 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d’Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert, a annoncé aujourd’hui ses résultats financiers et opérationnels pour l’exercice se terminant le 31 décembre 2024, marqués par une augmentation de 15 % des revenus sur l’année précédente ainsi que des progrès essentiels vers le démarrage de la production d’hydrogène vert à son usine de Sorel-Tracy en 2025.

Tous les permis nécessaires pour l’usine de Sorel-Tracy ont été obtenus et Hydro-Québec, la société du réseau électrique provinciale, complète l’interconnexion, maintenant le projet sur la bonne voie pour la production de 2025.

FAITS SAILLANTS 2024:

  • Les dépenses ont diminué de 16% à 2 474 516 $ en 2024 comparativement à 2 961 451 $ en 2023 (recentrage des activités et resserrement des frais généraux et administratifs) ;

  • Les revenus ont augmenté de 15% à 325 753 $ en 2024, à partir de 282 724 $ en 2023 (générés par l’acquisition de Wolf River le 1 er décembre 2022). Il y a un arrêt temporaire de service à la centrale à la suite d’une panne d’équipement qui sera réparée, mais créant une dévaluation des actifs de 93 528 $;

  • La Société a clôturé des financements privés pour des produits bruts s’élevant à 1 773 538$ (1 258 297$ en 2023), des unités pour le règlement de dettes de 352 214 $ (747 228 $ en 2023) et l’exercice de bons de souscription/options pour 889 494 $ (néant $ en 2023) ;

  • La Société a fait l’acquisitions d’équipement de stockage d’hydrogène, a augmenté la capacité de son électrolyseur de Sorel-Tracy à 1,75 MW et a fait un dépôt sur deux électrolyseurs de 2,5 MW ;

  • La Société a conclu un financement par billets convertibles non garantis de 2,1 M$ d’une durée de 36 mois à un taux de 12 % par an, couru jusqu’à l’échéance ou la conversion, dans lequel le montant principal est convertible en actions ordinaires à un prix de conversion égal au plus élevé de 0,10 $ CA (ou l’équivalent en dollars américains) ou d’un prix par action représentant une décote de 20 % par action ordinaire ; et

  • La Société a également reçu un montant supplémentaire de 100 000 $ en 2024 de Finexcorp en débentures convertibles garanties à un prix réputé de 0,10 $ et a accepté de prolonger la date d’échéance des débentures convertibles garanties à 14 % (maintenant à 12 %) de 1,2 million de dollars canadiens qui ont été émises par la Société avec de meilleures conditions.

La gestion financière rigoureuse de Charbone et ses partenariats stratégiques permettent à l’entreprise de réaliser sa vision de créer un réseau nord-américain d’hydrogène vert. Ces avancées soulignent son engagement à devenir un leader de la transition énergétique.

Les efforts de la direction pour consolider et renforcer notre bilan ont été bien ciblés et délibérés , a déclaré Benoit Veilleux, Chef de la direction financière et secrétaire corporatif de Charbone. Les discussions en cours avec des partenaires stratégiques progressent positivement pour supporter et concrétiser le potentiel de croissance de Charbone avec nos partenaires financiers et investisseurs.


Click Image To View Full Size


Click Image To View Full Size

À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée d’hydrogène vert disposant de capacités stratégiques de distribution de gaz industriels en Amérique du Nord. Tout en poursuivant le développement de son réseau modulaire de production d’hydrogène vert, Charbone s’appuie également sur des partenariats commerciaux pour fournir de l’hydrogène, de l’hélium et d’autres gaz industriels sans les exigences en capital élevées des usines de production. Cette approche améliore les sources de revenus, réduit les risques opérationnels et accroît la flexibilité sur le marché. Charbone reste la seule société purement axée sur l’hydrogène vert cotée en bourse en Amérique du Nord, avec des actions cotées à la Bourse de croissance TSX (TSXV: CH); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

Brossard, Quebec TheNewswire – April 30, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE’), North America’s sole publicly traded pure-play company specialized in green hydrogen production and distribution, today announces its financial and operating results for the year ending December 31, 2024, highlighted by a 15% year-over-year revenue increase and critical progress toward commencing green hydrogen production at its Sorel-Tracy facility in 2025.

All necessary permits for the Sorel-Tracy facility have been obtained, and Hydro-Québec, the provincial grid company, is completing interconnection, keeping the project on track for 2025 production.

2024 HIGHLIGHTS:

  • Spending decreased 16% to $2,474,516 in 2024 compared to $2,961,451 in 2023 (activities refocused and tightening of general and administrative expenses);

  • Revenue rose by 15% to $325,753 in 2024, up from $282,724 in 2023 (generated from the Wolf River acquisition on December 1, 2022). There is a temporary service reduction at the dam following an equipment failure that will be repaired, but creating an impairment of assets of $93,528;

  • The Company has closed private financings for gross proceeds amounting to $1,773,538 ($1,258,297 in 2023), Units for debt settlement of $352,214 ($747,228 in 2023) and exercises of warrants/options of $889,494 ($nil in 2023);

  • The Company made acquisitions of storage hydrogen equipment, upgraded its Sorel-Tracy electrolyzer capacity to 1.75MW and made a deposit on two 2.5MW electrolyzers;

  • The Company completed a $2.1M unsecured convertible notes financing with a 36-month term at a rate of 12% per annum, accrued until maturity or conversion, in which the principal amount is convertible into common shares at a conversion price of the greater of $0.10 CAD (or USD equivalent) or a price per share representing a discount of 20% per common share; and

  • The Company also received an additional $100,000 in 2024 from Finexcorp secured convertible debentures at a deemed price of $0.10 and agreed to extend the $1.2 million CAD 14% (now 12%) secured convertible debentures maturity date that were issued by the Company with better terms.

Charbone’s disciplined financial management, and strategic partnerships position the company to realize its vision of creating a North American green hydrogen network. These advancements underscore its commitment to becoming a leader in the energy transition.

‘Management’s efforts to shore up and strengthen our balance sheet have been focused and deliberate,’ said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE . ‘Ongoing talks with strategic partners are advancing well to support and execute CHARBONE’s growth potential with our financial partners and investors.’


Click Image To View Full Size


Click Image To View Full Size

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. CHARBONE remains North America’s only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under 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. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are 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 be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

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

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

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Empire Metals (LON:EEE, OTCQB:EPMLF) is an exploration and resource development company focused on Australia, gaining global recognition for its discovery and swift advancement of what is believed to be the world’s largest titanium deposit.

The company’s primary focus is the Pitfield project in Western Australia — a premier mining jurisdiction. With over 1,000 square kilometres of land and a titanium-rich mineral system extending 40 kilometres in strike length, Pitfield is shaping up to be a district-scale discovery with the potential to significantly influence the global titanium supply chain.

Pitfield’s prime location in Western Australia

Empire’s focus on titanium comes at a pivotal time, as it is officially recognized as a critical mineral by both the EU and the US for its essential role in aerospace, defence, medical, clean energy, and advanced industrial applications. Demand for titanium dioxide — the most widely used form — is surging, while global supply is increasingly constrained by geopolitical risks, resource depletion, and environmental challenges. With over 60 percent of supply concentrated in countries like China and Russia, Western markets face growing vulnerabilities.

Company Highlights

  • The flagship Pitfield project is the world’s largest known titanium discovery. It’s a district-scale “giant” titanium mineral system, characterised by high-grade, high-purity titanium mineralisation exhibiting exceptional continuity.
  • Titanium is in a global supply deficit and recognized as a critical mineral by the EU and US.
  • Drill intercepts at Pitfield include up to 202 meters at 6.32 percent titanium dioxide (TiO2) from surface, confirming vast scale and grade.
  • Empire Metals operates in one of the world’s most secure, mining-friendly jurisdictions: Western Australia.
  • The company is led by an experienced, agile team, with proven expertise in exploration, mine development, and value creation across multiple commodities.
  • With a number of key development catalysts planned for 2025, including a maiden resource estimate, bulk sampling for scale-up of metallurgical testwork, and product optimisation, Empire remains significantly undervalued relative to its peers.

This Empire Metals profile is part of a paid investor education campaign.*

Click here to connect with Empire Metals (LON:EEE) to receive an Investor Presentation

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Wednesday (April 30) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$94,697 as markets opened for the day, down 0.9 percent in 24 hours. The day’s range has seen a low of US$93,333.62 and a high of US$95,443.88.

Bitcoin performance, April 30, 2025

Chart via TradingView

Bitcoin’s price movements was shaped by mixed signals: Semler Scientific’s (NASDAQ:SMLR) US$15.7 million BTC purchase reflected ongoing institutional interest, while weaker US economic data—including negative Q1 GDP and the slowest job growth since July 2024—raised stagflation fears, weighing on sentiment.

Ethereum (ETH) ended the day at US$1,798.51, a 2.8 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$1,750.28 and a high of US$1,828.37.

Altcoin price update

  • Solana (SOL) ended the day valued at US$146.91, down four percent over 24 hours. SOL experienced a low of US$141.31 and peaked at $150.06.
  • XRP traded at US$2.23, reflecting a 5.9 percent decrease over 24 hours. The cryptocurrency recorded an intraday low of US$2.15 and reached its highest point at US$2.30.
  • Sui (SUI) was priced at US$3.54, showing a decreaseof 4.4 percent over the past 24 hours. It achieved a daily low of US$3.32 and a high of US$3.61.
  • Cardano (ADA) was trading at US$0.6959, down 4.7 percent over the past 24 hours. Its lowest price on Wednesday was US$0.6711, with a high of US$0.7156.

Today’s crypto news to know

SEC postpones decisions on XRP and DOGE ETFs

The US Securities and Exchange Commission (SEC) has extended its review period for two proposed spot cryptocurrency exchange-traded funds (ETFs) tied to XRP and Dogecoin, delaying any decision until mid-June.

The agency cited a need for more time to evaluate the filings, specifically the Bitwise DOGE ETF and the Franklin XRP Fund, and the legal issues they raise.

Under federal securities law, the SEC is allowed up to 90 days from the initial publication to make a decision, and this delay appears to fall within that window. Analysts speculated that the delay was anticipated and aligns with broader expectations that most final rulings will land in the fall.

While DOGE and XRP prices saw little immediate movement, the delay signals the SEC’s continued caution around expanding ETF offerings beyond bitcoin and ethereum.

Kraken launches ‘Embed’ service to let banks offer crypto trading

Crypto exchange Kraken is opening a new front in institutional crypto adoption with the launch of “Embed,” a plug-and-play crypto trading service for fintechs, neobanks, and traditional financial institutions.

Announced Wednesday, the service enables companies to integrate crypto trading directly into their apps and websites using Kraken’s APIs, bypassing the need to build costly infrastructure or secure their own licenses.

Amsterdam-based digital bank Bunq is the first to roll out the new service, debuting ‘Bunq Crypto’ to let European users trade digital assets within its existing app.

According to Kraken’s head of payments Brett McLain, the goal is to offer access to a wide range of tokens and fast asset listings, which he says sets Kraken apart from other white-label providers like Bitpanda.

Embed customers will pay variable service fees and share a portion of trading revenues with Kraken.

KuCoin pledges US$2 billion to Trust project

KuCoin announced a bold US$2 billion investment into what it’s calling the “Trust Project,” a sweeping initiative to restore user confidence and improve transparency across its platform.

The announcement was made during the TOKEN2049 conference in Dubai, where KuCoin executives laid out a roadmap focused on regulatory alignment, user protection, and responsible innovation.

A major component of the project involves giving the exchange’s native token, KCS, a larger role in governance, risk mitigation, and user reward structures. CEO BC Wong said the investment is aimed at securing the “long-term health” of the digital asset ecosystem by strengthening accountability and neutralizing systemic risks.

The initiative arrives as global regulators intensify their scrutiny of centralized exchanges and demand higher standards for custody, disclosures, and user safeguards.

Nasdaq files to list 21Shares Dogecoin ETF

In a fresh bid to tap into retail enthusiasm for meme coins, Nasdaq has submitted a formal application with the SEC to list the 21Shares Dogecoin ETF, according to a 19b-4 filing released Tuesday.

The ETF is designed to track Dogecoin’s market performance via the CF DOGE-Dollar Settlement Price Index and will hold the token directly, without using leverage or derivatives.

Coinbase Custody Trust has been named as the fund’s official custodian, offering added legitimacy and security to the proposed vehicle. The filing comes in the wake of 21Shares’ S-1 registration and its partnership with the House of Doge — a corporate arm of the Dogecoin Foundation — to promote the fund.

Although the SEC recently delayed a decision on Bitwise’s similar DOGE ETF, Nasdaq’s move signals sustained momentum behind bringing more meme coin exposure to regulated markets.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Keep reading…Show less
This post appeared first on investingnews.com

Mankind’s achievements over the millennia have been bountiful. Their evolutionary fruits – from the harnessing of fire, to vaccines, to the art of diplomacy – were never low hanging; they were imagined before they were ever grasped.

But once held, they became indispensable. Until now that is, as 100 days into his presidency US President Donald Trump seems determined to throw this painful learning to the wind, risking a world forced into reverse.

A torrent of tariffs, unleashed against the better judgement of experts, yet exalted by Trump’s acolytes as the work of a deal-making genius are a case in point. So too is his willingness to throw allies to the wind, by threatening to grab Greenland, Canada even Panama by force if necessary.

Whatever one’s view of the policies themselves, Trump’s total upending of the global status quo has sewn fear and uncertainty among America’s friends, exacerbated market volatility and normalized economic aggression. It’s a formula that over the centuries has rarely served the world well.

The president’s apparent over-arching ethos – might is right, and mine is greatest – is now demolishing geopolitical norms at speed. It is Ukraine that should give in to Russia, which “has all the cards,” Trump says. Russian President Vladimir Putin’s “pretty big concession,” his US counterpart adds, is not “taking the whole country.”

Yet despite three years of “meat-grinding” war, Putin’s aim remains as contrary to international law as it was when he launched his unprovoked, full-scale invasion.

It is clear then why Trump struggles to do what all his allies find easy: to blame Putin for defying the rules-based world order in a brutal campaign to swallow his smaller neighbor. The US president often even blames Ukraine’s President Volodymyr Zelensky for the war in which at least 42,000 Ukrainian civilians have been killed or injured, according to the United Nations, saying “he should never have started it.”

The implication – that the weak should capitulate to the strong – is an upending of millennia of evolution, culminating in the post-World War II, US-inspired rules-based international order that led to an unprecedented eight decades of relative global peace, prosperity and unimaginable scientific innovation.

Trump, as British Prime Minister Keir Starmer has commented, has broken the mold. “Old assumptions can no longer be taken for granted, the world as we knew it is gone,” he said.

The president’s world view was nurtured by his property-developing, landlord father Fred Trump. Poor tenants unable to pay their rent claimed they were evicted; not an uncommon practice at the time, or since, but one that advantages the powerful over the weak.

The parallels are not hard to spot: the world’s most powerful man still relies on bravado and bullying to get what he wants. Today everyone is in his firing line. America has been “taken advantage of by virtually every country in the world,” Trump inaccurately claims, “we’re no longer going to be the country that’s ripped off by every country in the world.”

But here’s the rub. Such is Trump’s braggadocio, no one he trusts appears brave enough to challenge him. Only when global markets soured, and his Petri dish economic experiment turned putrid, did he backslide on the threat to impose immediate tariffs on both friends and foes of the US, and even then, it may not be enough to avoid economic pain.

China seems ready to wait out his trade-defying tariffs, having been preparing for this moment since Trump’s first term.

Now, it seems, he must learn a costly lesson for himself that economic evolution had already taught the experts.

And while Trump’s defiant pose after the July 2024 assassination attempt in Butler, Pennsylvania, was enough to convince Putin that he was “a courageous man,” the US president is already backing down on some of his tariff bravado, chastened by his loyalists who found their voices as bond markets tanked.

In the view of both Putin and Trump, it is the tough who set the rules, and the man in both their crosshairs, Ukraine’s President Zelensky, got this message Wednesday, “the man with ‘no cards to play’ should now, finally, GET IT DONE,” as Trump wrote on his social media platform.  Trump has since criticized Putin, questioning whether the Russian leader is interested in peace and suggesting “he’s just tapping me along.”

The world Trump and Putin seem to crave is one of spheres of influence run from islands of power, where diplomacy is a time-consuming irrelevance replaced by imperial decrees.

It would be a reset harking back to a darker time, essentially overturning the rules-based order. In the aftermath of great empires, regional warlords allied, feuded and fought each other for centuries before nations emerged, and largely did the same.

By the 19th century diplomats like Klemens von Metternich, the Chancellor of the Austrian Empire, spent entire careers attempting to balance Europe’s feuding powers. He famously said, “when France sneezes, the rest of Europe catches cold.”

Today it is Trump spreading a chill. The Manhattan real estate developer has said he is going to “get” Greenland “for national security reasons.” Greenland and its Danish patron, a NATO ally that is no match militarily for the USA, say no.

Canada’s prime minister says the same about Trump’s plans to make his northern neighbor the USA’s 51st state, insisting “it will never happen.” Mark Carney, a former central banker already battling Trump’s aggressive trade tariffs, knows the threat is real, telling voters ahead of Monday’s election in which his Liberal Party won a stunning fourth consecutive victory “the Americans want our resources, our water, our land, our country.”

Trump’s world view is clear: he speaks as though he can reach out and take these things, and clearly believes he is working from an island of power, isolated from the negative consequences of his assumed conquests.

But no man, nor nation, is an Island.

Trump’s weakness is not just that he might buy Putin’s lie that he can conquer all Ukraine, or be outfoxed by Xi on tariffs, but that the rest of the world increasingly sees through his mantle of self-belief.

The costs of this muscle-power politics will be revealed more slowly than the near-instantaneous economic market pain to his trade tariffs. But it still marks a return to an era of dog eat dog. History has shown how that turns out.

This post appeared first on cnn.com

The resurrection of Canada’s Liberal Party was as close to miraculous as you can get in modern politics. Its savior: Prime Minister Mark Carney, a political rookie but also an experienced tactician and one of the world’s most highly regarded economists.

But in a farmer’s field on the eve of the election, Canada’s Conservative leader Pierre Poilievre continued to nurture a robust political movement that won the Conservative Party its largest share of the popular vote in decades.

Both leaders promised to vigorously stand up to the threat to annex Canada that came early, loudly and often from US President Donald Trump.

To meet the moment and the menace, Canadians rallied around the flag, expressing an uncommon patriotism. But they also coalesced along the country’s traditional left-right dividing lines, deepening fractures between east and west, young and old, male and female.

Many Canadians voiced a need for strong leadership in the face of the American threat, but they are almost equally divided on who is best to deliver on that.

“We have a guy down south talking smack about Canada, I think it’s important we have a strong leader to stand up to him, he needs to show us some respect,” one voter, Elaine Forbes, said as she walked to her Ottawa polling station Monday prepared to back Carney.

It was a similar sentiment that motivated many of Poilievre’s supporters.

“You need a strong leader and you need a lot more than what’s been going on,” said Nolan Travis just before he cast his ballot in Ottawa, adding, “someone who is going to actually mean what he says.”

The buzz word of “leadership” has left Canada’s three other national parties in the cold, all of them losing ground in the popular vote. The country’s next parliament will reflect more of a two-party system, united against Trump but divided about nearly everything else.

Both Carney and Poilievre extended a hand to each other on election night, promising to cooperate, especially when it comes to defending Canada against American expansionism.

“You know, humility underscores the importance of governing as a team in cabinet and in caucus and working constructively with all parties across Parliament, of working in partnership with the provinces and the territories and with Indigenous peoples,” said Carney during his election victory speech, adding that he will be guided by such humility as he governs Canada.

In his election night speech, Poilievre pivoted to conciliatory language Canadians have not heard from him in months.

“While we will do our constitutional duty of holding government to account and proposing better alternatives, we will always put Canada first as we stare down tariffs and other irresponsible threats from President Trump. Conservatives will work with the prime minister and all parties with the common goal of defending Canada’s interests and getting a new trade deal that puts these tariffs behind us while protecting our sovereignty and the Canadian people,” he said.

As reasonable as both leaders sounded in the aftermath of the vote, key party lieutenants were already sounding more combative.

Conservative MP Jamil Jivani, who was reelected Monday, seemed in a fighting mood as he touted an alternative vision for Canada. “I don’t know what tomorrow holds – my focus though is on all the young people, all the parents, the moms, the dads who came to us and trusted us to offer an alternative a brighter future. We’re going to see that too, we’re going to keep fighting and when the next federal election comes around, conservatives will earn the trust of more voters and we will bring home a victory nationally,” he said Monday night in an interview with CBC News.

Jivani has been a close friend of US Vice President JD Vance since their years at Yale University.

Sean Fraser, a key Carney ally and a once and likely future Liberal cabinet minister, shot back at Poilievre, accusing him of adopting a Trumpian style of politics.

But Fraser did concede that Canadians are looking for his government to get beyond the political divide.

“Canadians do not want us to continually talk about what’s wrong with the other party we may be competing against, they want us to put our ideas on the table and work together to get things done,” said Fraser in an interview with CBC News after his victory Monday.

A two-party system is not the traditional makeup of Canada’s parliament, and it will be tough to navigate for Canadian leaders, especially Carney.

“When we seek unity, unity grows,” proclaimed Carney on election night, but fostering that unity could prove an unprecedented challenge.

This post appeared first on cnn.com

Swedish police said on Tuesday that several people in the city of Uppsala in eastern Sweden were found with injuries that indicated gunfire after loud bangs were heard in the city.

The police said in a statement that they had received calls from members of the public who said they had heard noise that sounded like gunfire in the center of the city.

“Several people have been found with injuries that indicate gunfire,” the police said.

A large area was cordoned off and several investigative measures were underway at the scene, they added.

This is a developing story and will be updated.

This post appeared first on cnn.com

Israeli Prime Minister Benjamin Netanyahu’s wife Sara has been overheard on a microphone saying that “fewer” than 24 hostages are still alive in Gaza, outraging hostages’ families who demanded to know what the government knows about the fate of their loved ones

“We have of course an important task, not only to win but also to bring home (the hostages),” Netanyahu said at a meeting with Israeli holiday torchbearers on Monday. “Until today we have returned 196 of our hostages, 147 of whom were alive. There are… up to 24 living. Up to 24 living.”

“Fewer,” Sara Netanyahu interrupted quietly, seated to her husband’s right.

“I say up to,” Netanyahu quickly responded. “And the rest are, I’m sorry to say, not alive. And we will return them.”

There are currently 59 hostages remaining in Gaza. Israel has publicly said in recent weeks that it believes up to 24 of those are still alive. The short exchange appears to be an indication that the Israeli government may have information that some of the 24 hostages have died.

The group representing the hostages’ families slammed Netanyahu and his wife.

“On the eve of Memorial Day, you sowed indescribable panic in the hearts of the families of the hostages – families already living in agonizing uncertainty,” the Hostages and Missing Families Forum said in a statement. “If there is intelligence or new information regarding the condition of our loved ones, we demand full disclosure.” asking why the wife of the prime minister has sensitive information about their loved ones that they do not.

“If the wife of the prime minister has new information about the kidnapped who were killed, I demand from her to know if my Matan is still alive, or if he was murdered in captivity because your husband refuses to finish the war,” Einav Zangauker, the mother of one of the hostages, said on social media.

This post appeared first on cnn.com

Electricity is pulsing through Spain and Portugal again after a massive outage knocked out power in both countries on Monday. So too are questions.

It remains unclear what caused the sudden and staggering blackout, which plunged tens of millions of people into darkness and paralyzed life on the Iberian peninsula.

Authorities are investigating whether a freak event, a cyberattack or some other cause is to blame, while airports and train stations are catching up with a huge backlog.

Here’s what you need to know.

What happened?

Spain’s electrical grid was running as normal until 12:33 p.m. (6:33 a.m. ET) when, suddenly, it suffered a disturbance.

Eduardo Prieto, the director of services for the grid operator Red Eléctrica, said the grid recovered after that first shock. But a second disconnection, one and a half seconds later, caused “a degradation of operating variables” of the system, leading to a “massive generation disconnection” and “disconnection of the connection lines with France.”

“A second and a half may not seem like much. Indeed, it is nothing for any human action. In the electrical world it is a very long time,” Prieto said on Tuesday.

What caused the power outage?

This is the crucial question that tens of millions of people in Spain and Portugal have been asking. And the answer is: We don’t know.

Past blackouts in Europe have often had obvious causes, like a fire or extreme weather. But this event occurred on a warm and sunny day in Spain, and more than 24 hours after the outage, it remains unclear why the entire country lost power.

The problem appears to have originated in Spain: Portugal’s Prime Minister Luís Montenegro was quick to point the finger at his neighboring nation on Monday.

Spanish Prime Minister Pedro Sanchez said at a Tuesday press conference that his government has created an “investigation commission.”

Sanchez said an excess in renewable energy production was not the cause, Reuters reported, ruling out one possibility.

He confirmed that Spain’s cybersecurity authorities are also looking into whether a cyberattack was the cause. Spain’s top criminal court also said on Tuesday it was exploring whether “an act of computer sabotage on critical infrastructure” was to blame.

How extensive was the disruption?

Electricity was completely knocked out in most of Spain and Portugal for several hours, finally returning to most places on Monday evening.

Traffic lights, street lamps, payment terminals and screens were all cut off unless they were battery powered; many shops shut and others were forced to accept only cash payments.

Travel was badly hit: Flights were canceled in airports across Spain and Portugal. Dozens of Iberian cities, like Madrid, Lisbon, Barcelona, Seville and Valencia, are major hubs for transport, finance and tourism. Two of the five busiest airports in the European Union in 2023 were Madrid’s and Barcelona’s, according to EU data.

Police officers were forced to direct traffic with hand signals; roads quickly clogged and subway systems were closed down.

But the worst-case scenarios were averted: Spain’s nuclear sites were declared operational and safe, and hospitals in both countries ran on back-up generators.

This post appeared first on cnn.com