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  • Charbone Systems Inc. (CH) has signed a non-binding term sheet for hydrogen refuelling station technologies from Resato Hydrogen Technology B.V.  
  • Charbone will work on a professional marketing and sales team for the Canadian market
  • Resato will train and supervise the teams and Charbone will be responsible for the engineering and the adaptation
  • Charbone has an option to acquire the rights to manufacture and assemble the refuelling stations locally in Canada
  • Charbone Systems Inc. (CH) is up 5.36 per cent and is trading at $0.29 per share as of 1:19 p.m. ET

Charbone Systems (CH) has signed a non-binding term sheet for hydrogen refuelling station technologies from Resato Hydrogen Technology B.V.  

Charbone will spend resources on a professional marketing and sales team for the Canadian market and create partnerships with local companies for the refuelling stations’ operation, maintenance, and services.

“Charbone’s ability to promote its model in the North American markets to an international and credible partner such as Resato and bring their high quality and efficient [refuelling station] technology to Canada will be instrumental for the building of the Canadian hydrogen ecosystem,” Dave B. Gagnon, Chairman and CEO of Charbone, said.

According to Charbone, Resato will train and supervise the teams. Charbone will be responsible for the engineering and the adaptation to the Canadian, provincials’ and other stakeholders’ codes and regulations.

Charbone stated it will begin importing the refuelling stations from Europe and has an option to extend the agreement to acquire the rights to manufacture and assemble the refuelling stations locally in Canada.

“Charbone has the right approach to the development of the green hydrogen ecosystem… supported by an incredible amount of contagious energy, and we are a solid fit,” Robert T.P. Castien, CEO of Resato, said.

Charbone Systems Inc. (CH) is up 5.36 per cent and is trading at $0.29 per share as of 1:19 p.m. ET.


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