News

(TheNewswire)

Vancouver TheNewswire March 6, 2025 Element79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) (“Element79 Gold”, the “Company”) is pleased to announce that effective March 5, 2025, the British Columbia Securities Commission (“BCSC”) has revoked the temporary management cease trade order (the “MCTO”) which prevented the Company’s Officers, Board and Insiders from trading in the Company’s securities but did not affect the ability of other shareholders, including the public, to trade in the securities of the Company.

The Company confirms that on Feb 26, 2025, the filing of the audited annual financial statements for the year ended August 31, 2024, along with the management’s discussion and analysis and related CEO and CFO certificates (the “2024 Filings”) for the period, which were required to be filed on or before December 30, 2024, were filed. On March 3, 2025 the quarterly financial statements for the three months ended November 30, 2024, along with the management’s discussion and analysis and related CEO and CFO certificates (the “2025 Q1 Filings”) for the period, which were filed. Copies of the Required Filings are available under the Company’s SEDAR+ profile at www.sedarplus.ca .

The Company is also no longer listed as being in default on the BCSC’s reporting issuer list and on the reporting issuer list, or default list, of each jurisdiction of Canada in which it is a reporting issuer to the extent that such jurisdiction maintains a list and the Corporation’s Officers, Board and Insiders are no longer prevented from trading in the Corporation’s securities.

Clarification on Crescita Capital LLC Warrants

The Corporation wishes to clarify the number of securities issued to Crescita Capital LLC as disclosed in it Feb 28, 2025 news release, the number of Share purchase Warrants (the “Warrants”) Issued to Crescita were 2,939,965. The Warrants were issued per the terms of the Crescita Equity Investment Facility Agreement, the Warrants are exercisable for a period of five years at a Price of $0.05 per share.

For corporate matters, please contact:

James C. Tworek, Chief Executive Officer

Email: jt@element79.gold

For investor relations inquiries, please contact:

Investor Relations Department
Phone: +1 (403)850.8050
Email: investors@element79.gold

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this News Release, which are not historical in nature, constitute “forward looking statements” within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning future work programs, results and timing of any work programs, the Company’s performance or events as of the date hereof. These statements reflect management’s current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

(TheNewswire)

Brossard, Quebec, March 6, 2025 TheNewswire – Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), the only publicly traded pure-play green hydrogen company in North America, is pleased to provide an update on the on-site construction work and interconnection with Hydro-Quebec at the Company’s flagship project in Sorel-Tracy, following the press release issued on January 15, 2025 .

The project interconnection power line has been installed with cables and wires according to the CHARBONE work schedule and was completed at the beginning of the week. The utility schedule has been delayed for a few weeks due to railway access rules that are beyond their control. Hydro-Quebec will be installing their new poles on March 26, 2025, and interconnection to the site will occur in the following weeks, ensuring that CHARBONE’s Sorel-Tracy flagship project can commence green hydrogen production in the first half of the year .

” The lineman’s company has been highly efficient and was ready as required by the original schedule , ” said Daniel Charette, COO of CHARBONE . ” Hydro-Quebec has now everything they need to complete their work and will provide us with the energy we need on time for the delivery of the major components, their installation, and commissioning . ”

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company focused on creating a network of modular green hydrogen production facilities across North America. Using renewable energy, CHARBONE produces eco-friendly dihydrogen (H2) for industrial, institutional, commercial, and future mobility users. CHARBONE is currently the 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 on Charbone Hydrogen and its projects, please 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 .

Copyright (c) 2025 TheNewswire – All rights reserved.