reports
CHAR Technologies Announces $8 Million BMI Group Investment in Thorold...
CHAR Technologies Announces $8 Million BMI Group Investment in Thorold Renewable Energy Facility and the Signing of the Strategic Partnership Definitive Agreements TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce that CHAR Tech and (“BMI”), a leading industrial development company, have signed the formal agreements for the funding arrangement of CHAR Tech Thorold Renewable Energy Facility (“Funding Arrangement”). As part of the agreements, BMI has made an $8 million project-level equit...
CHAR Tech Announces Extension of Term Warrants, RSU and Options Grant
CHAR Tech Announces Extension of Term Warrants, RSU and Options Grant TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES) a leader in sustainable energy solutions, announces that the Board of Directors has approved the amendment of up to 2,750,000 common share purchase warrants (the “Warrants”). The Warrants were part of the Unit Offering with ArcelorMittal XCARB S.à r.l. (“ArcelorMittal”), as previously announced July 5th, 2023, have an exercise price of $0.70, and will currently expire on July 5th, 2025. Starting on June 20th, 2025, the expiration date...
CHAR Tech Closes C$2M Private Placement with The BMI Group
CHAR Tech Closes C$2M Private Placement with The BMI Group NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or “the Company”) (TSXV:YES) is pleased to announce the successful completion of its previously announced C$2,000,000 non-brokered private placement (the “Offering”) with , as outlined in the May 2, 2025, strategic partnership announcement. CHAR Tech and The BMI Group are working expeditiously to finalize the definitive agreement outlined in their binding Letter of Intent (LO...
CHAR Tech, Synagro and the Baltimore City Department of Public Works P...
CHAR Tech, Synagro and the Baltimore City Department of Public Works Partner to Test Commercial-Scale Pyrolysis Pilot for PFAS Destruction Synagro and Partners to Test Commercial-Scale High Temperature Pyrolysis Pilot for PFAS Destruction, Syngas Recovery and Biochar Production TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased present its first United States based high temperature pyrolysis (HTP) demonstration for PFAS destruction, in partnership with , North America’s leading provider of sustainabl...
CHAR Tech and the BMI Group Forge Strategic Partnership to Accelerate ...
CHAR Tech and the BMI Group Forge Strategic Partnership to Accelerate Renewable Energy Projects and Announce $2M Private Placement TORONTO, May 02, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce CHAR Tech and , a leading industrial development company, intend to complete a non-brokered private placement for total gross proceeds of C$2,000,000 (the “Offering”) and that the two companies have signed a binding Letter of Intent (“LOI”) to establish the framework for a strategic partnership, including the a...
CHAR Tech CEO Andrew White Named a 2025 Changemaker by The Globe and M...
CHAR Tech CEO Andrew White Named a 2025 Changemaker by The Globe and Mail TORONTO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or “the Company”) (TSXV:YES), a leader in sustainable energy solutions, is proud to announce that its Founder and CEO, Andrew White, has been named a 2025 Changemaker by The Globe and Mail for his transformative work in decarbonizing the steel industry. White was recognized for leading the development of CHAR Tech’s high-temperature pyrolysis process, which transforms forestry waste into biocoal—a renewable alternative to metallurgical coal used in steel pr...
CHAR Tech Announces RSU and Options Grant
CHAR Tech Announces RSU and Options Grant TORONTO, Feb. 07, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES) a leader in sustainable energy solutions, announces that the Board of Directors has approved the grant of 1,270,275 stock options to employees, consultants, directors and officers of CHAR Tech, which are exercisable into common shares of CHAR Tech at a price of $0.23 per common share and expire on February 7th, 2030. Of the grant, 525,000 options vest immediately, and the remaining 745,275 vest with time and performance milestones over the next 48 months. CHAR T...
CHAR Tech Provides Lake Nipigon and Saint Félicien Project Updates
CHAR Tech Provides Lake Nipigon and Saint Félicien Project Updates TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to provide project updates for the Lake Nipigon and Saint-Félicien renewable energy facilities. For an early look at both project sites and existing infrastructure, refer to . Lake Nipigon Forest Renewable Energy Facility The Lake Nipigon project, CHAR Tech’s second build own operate renewable energy facility, north of Thunder Bay, Ontario, is being developed as an Indigenous partne...
CHAR Technologies Announces $2.5M from the Government of Québec for Sa...
CHAR Technologies Announces $2.5M from the Government of Québec for Saint-Félicien Biocarbon and Green Hydrogen Project TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to announce that to CHAR Tech to support the advancement of the previously announced build, own, operate project to convert wood wastes and residuals into both biocarbon for metallurgical coal replacement, as well as green hydrogen, which the project intends to upgrade further into renewable natural gas. The non-repayable grant fund...
CHAR Technologies Provides 2024 Project Updates
CHAR Technologies Provides 2024 Project Updates TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to provide project updates for December 2024. Synagro PFAS Elimination Project CHAR Tech and Synagro Technologies, Inc. (“Synagro”), a preeminent provider of biosolid and residual solutions services, have reached an exciting milestone of the previously announced to generate biochar and renewable energy (“the Project”). Synagro has completed major civil work and has accepted the del...
CHAR Tech Announces Transition of the Altech Environmental Consulting ...
CHAR Tech Announces Transition of the Altech Environmental Consulting Team and Assets to Cambium Inc. and Provides Update on North American Equipment Supply Strategy TORONTO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CHAR Technologies (“CHAR Tech” or the “Company”), a leader in sustainable energy solutions, is pleased to announce the transition of the Altech Environmental Consulting team and assets to Cambium Inc., a well-established provider of Environmental Consulting & Geotechnical Engineering services across Ontario. This transition aligns with CHAR’s ongoing strategy to focus on its renewabl...
CHAR Technologies Closes Private Placement
CHAR Technologies Closes Private Placement NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Technologies” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce that it has completed the non-brokered private placement (the “Offering”) described in its news releases of October 21, 2024 and October 25, 2024. In connection with the closing of the Offering, the Company issued an aggregate of 16,359,451 units (the “Units”) at a price of CDN$0.20 per Unit ...
CHAR Technologies Announces Increase in Private Placement to C$3,335,0...
CHAR Technologies Announces Increase in Private Placement to C$3,335,000 TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- nologies (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, today announced its intention, in response to investor demand, to increase the size of the $2.5M non-brokered private placement (the "Offering") it announced on October 23rd, 2024. The Company now intends to offer up to an additional 4,175,000 units at the offering price of CDN$0.20 per unit for additional gross proceeds of up to CDN$835,000. The total Offering will now amount to...
CHAR Technologies Announces C$2.5M Private Placement
CHAR Technologies Announces C$2.5M Private Placement TORONTO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, today announced its intention to complete a non-brokered private placement (the "Offering") of up to 12,500,000 units at a price of CDN$0.20 per unit for gross proceeds of up to CDN$2,500,000. Each unit will comprise one common share of the Company (“Share”) and one-half share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire one Share for twenty-four months after the closing of ...
CHAR Technologies Announces Fiscal 2024 Third Quarter Results
CHAR Technologies Announces Fiscal 2024 Third Quarter Results TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, today announced results for the fiscal 2024 third quarter ended June 30, 2024. The full third quarter ended June 30, 2024 financial statements and MD&A are available on SEDAR+. CHAR Tech Q3 2024 highlights include: Revenue for the quarter of $1,163,919, up 172% from Q3 2023 $427,383.Revenue for the fiscal 9 months ending June 30th, 2024, of $2,457,551, up 85% from the fiscal 9 months ending June...
CHAR Technologies Joins the Ontario Forest Industries Association (OFI...
CHAR Technologies Joins the Ontario Forest Industries Association (OFIA) TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is proud to announce its membership in the Ontario Forest Industries Association (OFIA). Founded in 1943, the OFIA is a provincial trade association whose members sustainably manage over 30 million hectares of public and private forests in Ontario. The OFIA is a stronghold of diverse members, including lumber, engineered wood products, pulp and paper, bioproducts, and forest managers. This...
CHAR Tech Announces Appointment of Chief Development Officer Anton Szp...
CHAR Tech Announces Appointment of Chief Development Officer Anton Szpitalak, Senior Leadership Changes, and Loan Agreement TORONTO, July 12, 2024 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a recognized leader in sustainable bioenergy solutions, announces the following corporate developments: Anton Szpitalak, co-founder of Pan Asia Solar and Board of Director member of CHAR Tech, has been appointed CHAR Tech’s new Chief Development Officer. Anton is co-founder and president at Pan Asia Solar, a cleantech investment platform focused on disruptiv...
CHAR Tech Announces RSU and Options Grant
CHAR Tech Announces RSU and Options Grant TORONTO, April 19, 2024 (GLOBE NEWSWIRE) -- (“CHAR” or the “Company”) (TSXV:YES) a recognized leader in sustainable bioenergy solutions, announces that the Board of Directors has approved the grant of 1,116,159 stock options to employees, consultants, directors and officers of CHAR, which are exercisable into common shares of CHAR at a price of $0.42 per common share and expire on April 15th, 2029. Of the grant, 312,500 options vest immediately, and the remaining 803,659 vest with time and performance milestones over the next 48 months. CHAR also...
ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors
ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, proudly welcomes ArcelorMittal's Irina Gorbounova, Vice President of M&A and Head of the XCarb® Innovation Fund, to its Board of Directors. Irina brings a wealth of experience in sustainable development within the steel industry, serving as the Vice President of M&A and Head of the XCarb® Innovation Fund at ArcelorMittal in London. Throughout her 18-year tenure at ArcelorMittal, she has demo...
CHAR Tech and Lake Nipigon Forest Management Inc. Sign Partnership Agr...
CHAR Tech and Lake Nipigon Forest Management Inc. Sign Partnership Agreement THUNDER BAY, Ontario, March 13, 2024 (GLOBE NEWSWIRE) -- (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is proud to announce the formalization of a partnership agreement (the “Agreement”) with the First Nations co-operative Lake Nipigon Forest Management Inc. (“LNFMI”), marking a significant milestone for both parties as they advance forestry sustainability programs in Northern Ontario. The partnership, Lake Nipigon Forest Sustainable Energy Solutions, (the “Partnership”) bu...
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