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Charbone Hydrogen updates terms on debt settlement units

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has revised the terms for its debt settlement, now issuing approximately 16.9 million units at $0.075 per unit to settle about $1.27 million owed to arm’s-length suppliers.

The change follows discussions with the TSX Venture Exchange and remains subject to final approval.

Charbone is North America’s only publicly traded pure-play green hydrogen company.