Charbone Reports 155% Surge in Preliminary Gas Income for Q2 2026

Charbone Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47), a vertically integrated industrial gases company focused on clean ultra-high purity (UHP) hydrogen and other strategic industrial gases, announced today that preliminary gas income for the three-month period ending June 30, 2026, is expected to increase 155% to $0.5 million, up from $0.2 million in the prior quarter. This growth underscores the company's expanding operational footprint and the accelerating demand for UHP gases across North America.

The anticipated surge in gas income is attributed to multiple industrial gas sales growth in both U.S. and Canadian markets, including clean UHP hydrogen sourced from Charbone's own Sorel-Tracy plant in Phase 1A, as well as UHP helium and UHP oxygen sourced through partners. Demand has accelerated throughout Q2 2026, leading to increased recurring revenues and new customers. This momentum reflects Charbone's strategic focus on serving sectors such as semiconductors, artificial intelligence and data centers, advanced pharmaceuticals, and aerospace and defense technologies, where UHP gases are critical for high-precision manufacturing processes.

In the first half of 2026, gas income is expected to increase 100% to $0.6 million from nil in the same period of 2025, highlighting the company's rapid revenue generation capabilities. Operating expenses in Q2 2026 are expected to remain relatively comparable to Q1 2026, indicating continuous performance improvements without significant cost increases. This efficiency is a positive indicator for investors and stakeholders, as it suggests scalable growth and improved profitability potential.

Benoit Veilleux, Chief Financial Officer and Corporate Secretary of Charbone, expressed pride in the team's momentum, stating, "Our team at CHARBONE is incredibly proud of the momentum we have built over the last quarter, which underscores our unwavering focus on long-term value creation. Through our targeted efforts in North America, we are not only expanding our operational footprint but also reaffirming our promise to deliver impactful, high purity and sustainable gas results that benefit our shareholders and the broader community alike."

The company anticipates releasing full financial and operational results for Q2 2026 on Friday, August 28, 2026, after markets close. Additionally, Charbone will host a webinar on Monday, August 31, 2026, at 11:00 am EDT to discuss results and corporate updates. Interested parties can register at https://info.rbmilestone.com/charbone-webinar-q2-2026.

Charbone also announced its engagement of IMPAQ Capital Inc. to deliver investor relations services, with stock options granted under identical terms to align with the agreement's effective date. This move aims to enhance investor communication and support the company's growth trajectory.

The company's modular, decentralized, and demand-driven approach, combined with its integrated storage and distribution platform for all UHP gases, supports scalable growth and enables more stable and diversified revenue generation. By providing accessible, decentralized clean hydrogen and specialty gases, Charbone is addressing supply gaps for underserved industrial customers and accelerating the shift towards localized clean energy. For more information, visit www.charbone.com.