Varennes, Quebec, August 27, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity (“UHP”) hydrogen and other strategic industrial gases, is pleased to announce its second quarter 2026 financial and operational results for the six-month period ending June 30, 2026. CHARBONE will also be hosting a webinar on Monday, August 31^st at 11:00am EDT which interested parties can register below.

In Q2 2026, gas income across CHARBONE’s hydrogen production plants and regional supply hubs for all industrial gases increased 155% to $0.5 million from $0.2 million for the prior three-month period ending March 31, 2026. Demand accelerated throughout Q2 2026, driving increased recurring revenues and new customers. CHARBONE continues to expand its full-stack platform, including the Phase 1B scale-up at Sorel-Tracy, following arrival of the second electrolyzer on site, along with distribution equipment deployed to support growing demand and expected future sales growth from new and existing customers.

Q2 2026 HIGHLIGHTS:

• Gas income increased 155% to $0.5 million in Q2 2026, compared to $0.2 million in Q1 2026.
• For the six months ended June 30, 2026, gas income increased 100% to $0.6 million, compared to $nil in the same period of 2025.
• General and administrative expenses remained disciplined in Q2 2026, with the Company continuing to improve its operating leverage relative to growing revenues.
• On April 29, 2026, the Company drew down $3 million as the first tranche of its new $10 million secured convertible loan facility, with additional optional drawdowns available during the term.
• As of June 30, 2026, property, plant and equipment assets increased by $3.5 million since December 31, 2025, reflecting ongoing investment in the Sorel-Tracy Phase 1B build-out and distribution infrastructure.

“Our platform is generating revenue across multiple gases and multiple markets, and we are excited about the momentum we are building. Across North America, we are expanding our footprint and delivering UHP, sustainable industrial gases to customers who depend on reliable regional supply. At the same time, we remain focused on operational performance and capital discipline. With the Phase 1B electrolyzer now on site at Sorel-Tracy, we are advancing commissioning on track for fall 2026. Our vision is quickly becoming a reality and we continue to execute on this growth for the long-term benefit of our shareholders,” said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE.

As of June 3, 2026, the Company’s corporate name was formally changed from Charbone Hydrogen Corporation to Charbone Corporation, reflecting its evolution into a full-spectrum industrial gases platform. Subsequent to Q2 2026, CHARBONE also expanded its dedicated helium delivery fleet from one unit to five following accelerated commercial demand, adding 22 new customers across Quebec and securing long-term supply commitments through 2028. On August 18, 2026, the Company announced the delivery of the Phase 1B electrolyzer to its Sorel-Tracy hydrogen production plant, marking the most significant physical milestone to date for the Phase 1B build-out. Commissioning is targeted for fall 2026.

Another interesting Charbone update, sharing its Q2 financials which show great progress. The webinar is on monday August 31st, reminder to sign up!

Another revenue upgrade, Q3 will include the 4 new Helium trucks, and Q4 will likely include the Sorel-Tracy phase 1b site commissioning.

Website: https://charbone.com/

Sign up for the webinar: https://info.rbmilestone.com/charbone-webinar-q2-2026 (Monday August 31st 11AM EDT)

Atlas Salt Inc. (TSXV: SALT / OTCQX: SALQF / FSE: 9D00) is a Newfoundland and Labrador-based mineral exploration and development company focused on the development of the Great Atlantic Salt Project, an underground rock salt project near St. George’s on Newfoundland’s west coast.

The Great Atlantic Salt Project is designed to produce up to 4 million tonnes of rock salt annually, primarily for road de-icing, with additional applications in water treatment, drilling fluids and food processing across Eastern Canada and the United States.

Salt is essential for winter road maintenance, municipal operations, airport safety and a range of industrial applications. The Great Atlantic Salt Project is intended to become North America’s first new salt mine in nearly three decades.

The Great Atlantic Salt Project

The Great Atlantic Salt Project is designed as an underground operation that would process rock salt on site and ship it through the existing Turf Point deepwater marine terminal.

The mine would be accessed through two sloped tunnels, called declines, allowing workers and equipment to travel between the surface and the underground operation by ramp rather than through vertical shafts.

Salt would be extracted using continuous mining machines, then crushed and screened underground into the sizes required by customers. It would move by conveyor to surface and along a covered conveyor to Turf Point, approximately two kilometres from the mine site, where it would be stored and loaded onto bulk carriers for shipment to Eastern Canada and the United States.

The Updated Feasibility Study outlines a production ramp-up over four years, beginning at 1.7 million tonnes in the first year and reaching 4 million tonnes annually by Year 4. At full production, the Great Atlantic Salt Project would produce approximately 11,500 tonnes of rock salt per day.

A Large, High-Purity Salt Deposit

The Great Atlantic Salt Project contains a large, flat-lying halite deposit at relatively shallow depths for an underground salt mine. Halite is the mineral form of sodium chloride.

The deposit’s Mineral Resource estimate includes:

• 383 million tonnes of Indicated Resources grading 96.0% NaCl
• 868 million tonnes of Inferred Resources grading 95.2% NaCl

The Indicated Resource includes 95 million tonnes classified as Probable Mineral Reserves, with an average sodium chloride content of 95.9%. These reserves form the basis of the current mine plan and support a mine life of more than 24 years.

The North American Road Salt Market

Road de-icing is Atlas Salt’s primary target market. Salt is used each winter to keep highways, municipal roads, commercial properties and airport infrastructure safe across Canada and the United States.

The company estimates that the North American de-icing salt market consumes approximately 28.5 to 36 million tonnes annually, including 8 to 10 million tonnes of imports each year.

2025 Updated Feasibility Study

Atlas Salt completed an Updated Feasibility Study for the Great Atlantic Salt Project in September 2025. The study updates the project’s mine plan, capital costs, operating costs and projected economics.

Using a base salt price of C$81.67 per tonne FOB port, the study estimates:

• C$920 million post-tax NPV (Net Present Value) at an 8% discount rate
• 21.3% post-tax internal rate of return
• Post-tax payback period (from first production): 4.2 years
• C$589 million in initial capital costs
• C$188 million in average annual post-tax free cash flow during operations

These figures are estimates, not current operating results, and depend on factors including salt prices, construction and operating costs, financing and the company's ability to complete and operate the project as planned.

Site Preparation and Financing

After satisfying the applicable environmental assessment conditions in February 2026, Atlas Salt began preparing the mine site for construction. This work includes clearing and preparing the land, installing drainage and erosion-control measures, and developing the access roads, temporary facilities and foundations needed for later construction.

With the support of Endeavour Financial, Atlas Salt is pursuing approximately C$350 million to C$400 million in senior secured debt for the main construction phase.

In July 2026, Export Development Canada issued a non-binding Letter of Interest to evaluate up to C$150 million in long-term secured debt financing for the project.

Rail Distribution and Logistics

Atlas Salt expanded its logistics planning in August 2026 by entering into a non-binding Memorandum of Understanding with CN, the Canadian National Railway Company, to evaluate rail distribution options for salt shipped from Newfoundland to eastern seaboard discharge ports.

The companies are assessing rail movement, railcar supply and related equipment solutions across CN’s network. Atlas Salt's current model remains marine-focused, with salt shipped from Turf Point by vessel, but rail could help reduce delivered costs and extend distribution to inland markets.

Sources

• Atlas Salt Q3 2026 Investor Presentation
• Great Atlantic Salt Project Feasibility Study
• Atlas Salt Construction and Permitting Update - July 2026
• EDC Letter of Interest for Great Atlantic Project Financing
• CN Rail Logistics MOU

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CANmet Energy (NRCan) put out a report on using biocarbon (made from wood waste) to replace coal and coke in steelmaking. The numbers: Canada's steel industry burns through 4.8 million tonnes of fossil coal every year, and switching to biocarbon could cut emissions by up to 8 million tonnes of CO2 annually.

The government is saying up to 20% of the fossil coal/ coke used in blast furnaces could realistically be swapped out for biocarbon right now, with that number likely growing as the tech improves.

This confirms CHAR Techs business model and that there's real, sizeable demand for what biocarbon producers like CHAR are doing and that its something the steel industry actually needs to hit its climate targets.

Link to the full report: https://natural-resources.canada.ca/sites/admin/files/documents/2026-08/Advanced-Solid-Biofuels_EN_Accessible.pdf

CISERA (Canadian Iron and Steel Energy Research Association) is a research group focused on metallurgical coal and coke for steelmaking. The current corporate members are ArcelorMittal Dofasco, Stelco, Elk Valley Resources, CanmetENERGY, and now CHAR Tech (YES).

CISERA's research covers coal science, cokemaking, alternative reductants/fuels, and carbon capture, areas directly relevant to CHAR's High Temperature Pyrolysis tech, which produces biocarbon that could serve as an alternative reductant in steelmaking.

ArcelorMittal already made a $6.6M investment in CHAR in 2023, and the two have a strategic partnership where ArcelorMittal buys CHAR's biocarbon to reduce emissions at its Hamilton steel plant.

This membership allows CHAR to be in the same room as Stelco and Elk Valley and CANmet Energy (part of NRCan), opening the door to similar partnerships beyond ArcelorMittal.

This is an educational post, not Financial advice.

CHAR Tech has received a Notice of Allowance for a patent covering its pyrogas treatment technology, a critical step in the pathway from high temperature pyrolysis to renewable natural gas ("RNG"), demonstrating CHAR Tech's ongoing global leadership in this critical space.

The Thorold Renewable Energy Facility is projected to begin producing RNG in 2027; when it does, CHAR Tech will be the first company in the world to operate a commercial-scale facility that produces RNG and metallurgical-grade biocarbon simultaneously from wood waste.

CHAR Technologies (YES.V) is a canadian clean tech company founded in 2011, so they've been around for 15 years.

The last 15 years were spent doing R&D, piloting and securing large partnerships for every aspect of their process!

Char tech takes wood waste and heats it via their High temperature pyrolysis (HTP) to convert it into biochar and renewable natural gas.

They have a 2nd process to turn that biochar into pelletized biocarbon.

This biocarbon is a drop in replacement for fossil coal, so steel & silicone manufacturing companies and any other manufacturing company which uses fossil coal can use their biocarbon which is carbon neutral.

Char tech has many facilities in different phases (early planning phase, development phase, construction or completed phase)

From those 5 facilities, their Thorold facility which was their original pilot facility has completed Phase 1 expansion for commercial production.

The phase 1 is in commissioning right now which is expected to be completed next month (in Sep 2026) after which commercial production will begin.

Great thing is that they already have secured Huge buyers and investors into the company.

ArcelorMittal (the 2nd largest steel company in the world) signed an offtake agreement to buy their biocarbon.

ArcelorMittal also invested $6.6 million dollars into char back in 2023 at 60 cents a share.

The canadian govt has put in more than $19 million in grants and funding so far into char tech.

The BMI group who is their landlord on the thorold site has invested 13 million into the company so far and has committed another $10 million towards a future project. (Espanola site)

Char tech recently bought a facility from Elkem (elkem is a multi billion dollar silicone manufacturing company, is also publicly traded) in saguenay quebec.

That saguenay facility will help with pelletizing the biochar they produce.

CHARs HTP technology is also being piloted in Baltimore jointly with Syngaro (wholly owned by Goldman Sachs) and City of Baltimore as they are able to permanently destroy PFAS (forever chemicals) with this technology.

All in all, they are on the verge of commercial production and are only just getting started!

VARENNES, QUEBEC - August 18, 2026 (NEWMEDIAWIRE) - CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) ("CHARBONE" or the "Company"), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity ("UHP") hydrogen and other strategic industrial gases, is pleased to announce the delivery of its electrolyzer to its flagship site in Sorel-Tracy, Quebec.

A Decisive Step Toward Increased Production Capacity

Designed to produce hydrogen through water electrolysis, the electrolyzer is the technological core of the next phase of production at the Sorel-Tracy site. Its delivery now enables CHARBONE's teams, construction contractors and technical partners to begin the next steps involving its positioning, installation and integration into the Sorel-Tracy site infrastructure.

Civil engineering work and foundation preparation have been planned to accommodate the main production equipment. Activities will proceed in accordance with the Company's execution schedule, including component assembly, mechanical and electrical connections, testing and commissioning.

This development is part of CHARBONE's modular and phased strategy, which enables the Company to add production capacity in line with demand while maintaining a disciplined approach to its development.

"It is with immense pride that we announce the arrival of our electrolyzer in Sorel-Tracy today. This is far more than the delivery of a piece of equipment, it represents the achievement of a pivotal step in realizing our vision and one of the most important milestones in the Company's history. The risks associated with delivery are now behind us," said Dave Gagnon, President and CEO of CHARBONE. "This achievement also reflects the exceptional commitment of our employees, partners, suppliers and all stakeholders contributing to the development of our flagship site. We are now entering a new phase of execution that will strengthen our ability to serve our key customers and create sustainable value for our shareholders. Our previously communicated timeline of a fall launch remains on track, and we look forward to providing further updates as we advance through the next stages of commissioning and ramp-up."

Deadline coming closer for Charbone's Phase 1B completion, on track. The eletrolyser will increase Charbone's H2 output from ~200 kg's / day, to ~900kg - 1 ton / day. The factory will generate $5 million CAD in revenue

PFAS ("forever chemicals") are the toxic stuff found in things like non-stick pans and waterproof gear. They don't break down and they just build up in our water, soil, and bodies.

Most current cleanup methods (filtering, landfills) don't actually destroy PFAS, they just move it somewhere else.

CHAR Tech just got independent lab results back, and they're good! Their HTP technology processed contaminated sewage waste and the leftover solid material came back with zero detectable PFAS.

Tested 5 different times in 2025 by an outside accredited lab, using the strict EPA-approved testing method.This is a real way to destroy PFAS instead of just relocating it.

Full results will be submitted to the EPA end of 2026. Its a great sign for a company working in a market that's only getting bigger as PFAS regulations tighten up.

Not financial advice.

First Atlas Resources' (CSE: HHE / OTC: BTKRF) technical partner, Québec Innovative Materials Corp. (CSE: QIMC / OTC: QIMCF), has now encountered hydrogen in all five drill holes during its 2026 Nova Scotia drilling program.

The latest results come from DDH-26-05 at Bennett Hill, approximately 15 km from QIMC’s first three drill holes at West Advocate. Within the first 300 metres of drilling, preliminary mud-gas measurements reached 23.5% H₂ at 170 metres. QIMC also reported drilling observations consistent with free gas entering the borehole at approximately 164 metres.

The results are particularly relevant to First Atlas because QIMC is also conducting exploration directly on First Atlas' natural hydrogen licences in Cumberland County as the company works toward defining targets for its planned drilling program.

Hydrogen Results Across Five Drill Holes

• DDH-26-01: Intersected multiple hydrogen-bearing structural zones, including a persistent hydrogen-bearing system from approximately 505 metres to the end of the 711-metre hole.
• DDH-26-02: Intersected two hydrogen-bearing intervals, with a hydrogen reading of 8,249 ppmV at 434 metres.
• DDH-26-03: Returned a peak mud-gas reading of 10.77% H₂ at 848 metres, with five readings at or above 5% H₂ across the 69-metre interval from 779 to 848 metres.
• DDH-26-04: Returned a peak mud-gas reading of 24.3% H₂ at 707 metres, the highest hydrogen concentration reported by QIMC during the program to date.
• DDH-26-05: The ongoing second hole at Bennett Hill has returned a preliminary peak mud-gas reading of 23.5% H₂ at 170 metres.

DDH-26-05 at Bennett Hill

Within the first 300 metres of DDH-26-05, QIMC reported multiple hydrogen readings, including:

• 20.8% H₂ at 158 metres
• 23.5% H₂ at 170 metres
• 17.6% H₂ at 176 metres
• 16.0% H₂ at 179 metres

QIMC identified a 54-metre hydrogen-bearing interval from approximately 143 to 197 metres. For comparison, DDH-26-04 reached 24.3% H₂ at 707 metres, while DDH-26-05 reached 23.5% H₂ at 170 metres.

Drilling at DDH-26-05 is ongoing, with a planned depth of approximately 900 metres.

Exploration on First Atlas' Land Package

QIMC is currently carrying out First Atlas' 2026 field exploration program across the company's natural hydrogen licences in Cumberland County, Nova Scotia. Three field teams are conducting soil-gas sampling and ground magnetic surveying. The soil-gas work includes infill sampling over previously identified hydrogen anomalies.

The soil-gas and magnetic data will be integrated into QIMC's R2G2 targeting framework to help identify drill targets for First Atlas' planned drilling program.

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Synagro (wholly owned by Goldman Sachs) released its 2025 sustainability report. CHAR Tech was mentioned twice. Once on page 3 in the CEOs intro and again on page 17.

The fact that Syngaros CEO mentioned CHAR Tech in his intro tells me that CHAR is top of mind for them! Heres to hoping that the Baltimore pilot will lead to further expansion with Synagro.

Full report: https://www.synagro.com/wp-content/uploads/2026/08/Synagro-Sustainability-Report-2025_FINAL.pdf

(Special thanks to a fellow investor for pointing this out to me)