Charbone Hydrogen Announces the execution of the lease with the City of Selkirk for the Manitoba Green Hydrogen Production Facilities

BROSSARD, QC, Nov. 8, 2022 /CNW Telbec/ - Charbone Hydrogen Corporation (TSXV:CH.VN) ("Charbone") is pleased to announce the execution, as of November 7, 2022, of a lease (the "Lease") between its wholly-owned subsidiary, Charbone Hydrogen Manitoba Inc. ("Charbone Manitoba"), and the City of Selkirk, Manitoba pursuant to which Charbone Manitoba is leasing from the City of Selkirk a land parcel of 4.6 acres located west of the City of Selkirk's decommissioned wastewater treatment plant (the "Premises"). Under the terms of the Lease, Charbone Manitoba will design, construct, and operate the first green hydrogen regional hub in Manitoba for the production and distribution facility for the supply of green hydrogen. Accordingly, Charbone and its distribution partner Superior Propane (a subsidiary of Superior Plus) will leverage their mutual expertise in the sale and distribution of green dihydrogen into Manitoba and the Canadian Prairies.