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Charbone raises first drawdown of $10M convertible loan to $3M with new terms from Riverfort.

Company Fundamentals
23 Apr 2026
TheNewswire
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Bullish
pluang ai news

Charbone Corporation has increased the initial drawdown amount of its $10 million secured convertible loan from $2.15 million to $3 million, provided by Riverfort Global Opportunities. The loan includes convertible options at a 25% premium and a capped 24% annual return on default interest. The first drawdown will be available after final agreements and TSX Venture Exchange approval. This financing supports Charbone's growth in clean Ultra High Purity hydrogen production and distribution across North America.

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