CHAR

CHAR Advances Thorold Commercial Facility and Transition to North American Equipment Supply

Retrieved on: 
Martedì, Luglio 4, 2023

To ensure the Facility remains on schedule, and now with a growing number of projects in development, CHAR has reduced supply chain and project delivery risks by transitioning to a network of North American based equipment suppliers.

Key Points: 
  • To ensure the Facility remains on schedule, and now with a growing number of projects in development, CHAR has reduced supply chain and project delivery risks by transitioning to a network of North American based equipment suppliers.
  • As part of the supply chain transition, on August 28th, 2022, CHAR Biocarbon Inc. (“CHAR Biocarbon”), a wholly-owned subsidiary of the Company, served 36 months’ advance written notice to terminate its Exclusive Licence Agreement with Actinon Pte.
  • Ltd (the parent company of Anergy, a Singapore based supplier of kiln equipment to the Company) dated August 18th, 2021 (the “Licence Agreement”).
  • CHAR disputes Actinon’s allegation of additional license fees, and will take such action as it deems appropriate to protect its rights and interests.

CHAR Technologies Ltd. Secures $1.43M Contribution from Natural Resources Canada for Sustainable Energy Project in Terrace, British Columbia

Retrieved on: 
Mercoledì, Giugno 28, 2023

The Clean Fuels Fund aims to significantly increase domestic production capacity of clean fuels to support Canada’s prosperous low-carbon future.

Key Points: 
  • The Clean Fuels Fund aims to significantly increase domestic production capacity of clean fuels to support Canada’s prosperous low-carbon future.
  • The contribution will position CHAR to conduct a comprehensive feasibility study, that includes assessing the engineering and design work needed to build a future commercial CHAR facility.
  • The facility will be designed to convert wood waste to renewable energy (green hydrogen or renewable natural gas) and biocarbon.
  • Speaking about the funding, Andrew White, CHAR’s CEO, expressed gratitude to Minister Jonathan Wilkinson and Natural Resources Canada for their unwavering commitment to advancing sustainable energy initiatives.

CHAR Technologies To Be Featured on Radius Research's Pitch, Deep Dive and Q&A Webinar May 31st

Retrieved on: 
Martedì, Maggio 30, 2023

TORONTO, May 30, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), is pleased to invite investors and other interested parties to attend an upcoming interview with Market Radius Research.

Key Points: 
  • TORONTO, May 30, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), is pleased to invite investors and other interested parties to attend an upcoming interview with Market Radius Research.
  • Martin Gagel of Market Radius Research will be joined by CHAR CEO, Andrew White, to provide investors a comprehensive business outlook and CHAR projects in development update.
  • An archived webcast will be made available for those who cannot join the event live on the day of the webinar.
  • Event: Radius Research Pitch, Deep Dive and Q&A with CHAR Technologies Ltd.

CHAR Technologies Signs MOU with First Nations Co-op LNFMI to Build Lake Nipigon RNG and Biocarbon Facility

Retrieved on: 
Lunedì, Maggio 1, 2023

The MOU is a productive step forward for the ongoing project negotiations and development work, and sets out the intended partnership structure to develop, build, own and operate the facility.

Key Points: 
  • The MOU is a productive step forward for the ongoing project negotiations and development work, and sets out the intended partnership structure to develop, build, own and operate the facility.
  • A relationship between CHAR and LNFMI will provide long-term wood waste feedstock security to support not only the initial RNG and biocarbon facility operations, but future opportunities to scale up and increase production capacity.
  • “LNFMI is thrilled to have signed our MOU with CHAR for the development of a new RNG and Biocarbon Facility on the Lake Nipigon Forest,” says LNFMI President Theresa Nelson.
  • “We’re proud to be working with our friends at LNFMI to develop this project to replicate our existing Thorold, Ontario, facility.

Synagro and CharTech Solutions to Deploy High-Temperature Pyrolysis for PFAS Mitigation of Thermally Dried Biosolids

Retrieved on: 
Martedì, Marzo 28, 2023

BALTIMORE, March 28, 2023 /PRNewswire-PRWeb/ -- Synagro Technologies, Inc., the preeminent provider of biosolids and residuals solutions services in North America and CharTech Solutions, a division of CHAR Technologies Ltd. ("CHAR"), a leading cleantech development and environmental services company, have announced a collaboration to develop a system to demonstrate the performance of CharTech Solutions' proprietary high-temperature pyrolysis (HTP) process to treat thermally dried biosolids.

Key Points: 
  • "The unit will be self-contained with modules for feedstock handling, pyrolysis, biochar handling, gas clean-up and thermal oxidation and exhaust.
  • The deployment of the unit will establish pyrolysis' operational requirements, fate of PFAS, emissions and outputs at multiple locations.
  • We believe this technology will be a powerful addition to our extensive experience in operating advanced thermal treatment processes for biosolids."
  • "CHAR and Synagro have been working together for three years to test and apply HTP technology for biosolids to eliminate PFAS.

CHAR Appoints Chief Operating Officer

Retrieved on: 
Martedì, Febbraio 7, 2023

TORONTO, Feb. 07, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce that Robert Sinyard has been appointed Chief Operating Officer of the Company, effective February 7th, 2023.

Key Points: 
  • TORONTO, Feb. 07, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce that Robert Sinyard has been appointed Chief Operating Officer of the Company, effective February 7th, 2023.
  • In his new role, Sinyard will oversee corporate operations and sales, and will take responsibility for spearheading profitable growth and business objectives for the Company.
  • “We are thrilled to welcome Rob into this leadership role at CHAR,” said Andrew White, Chief Executive Officer.
  • “He has clearly demonstrated leadership and success in executing strategies that are key to the success of our offerings and expanding projects.

CHAR Announces Warrant Proceeds of $1.7 Million and Option & RSU Grant

Retrieved on: 
Lunedì, Febbraio 6, 2023

TORONTO, Feb. 06, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce the exercise of 4,430,461 share purchase warrants (each, a “Warrant”) for aggregate proceeds of $1,703,561.

Key Points: 
  • TORONTO, Feb. 06, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce the exercise of 4,430,461 share purchase warrants (each, a “Warrant”) for aggregate proceeds of $1,703,561.
  • The Warrants were comprised of 3,515,494 warrants exercised at $0.40 per common share and 914,967 broker warrants exercised at $0.325 per common shares.
  • CHAR also announces that the Board of Directors has approved the grant of 1,980,331 stock options to employees, consultants, directors and officers of CHAR, which are exercisable into common shares of CHAR at a price of $0.4125 per common share.
  • CHAR also announces that its Board of Directors has approved the grant of 613,932 Restricted Stock Units (“RSUs”) to employees, consultants and officers of CHAR.

CHAR Produces Biocoal at Canada’s Largest RNG & Biocoal Facility to Complete Phase 1 of the Project

Retrieved on: 
Mercoledì, Febbraio 1, 2023

Renewable natural gas (RNG) is a sustainable pipeline-quality gas, generated from wood residuals and organic wastes, that is fully interchangeable with conventional natural gas.

Key Points: 
  • Renewable natural gas (RNG) is a sustainable pipeline-quality gas, generated from wood residuals and organic wastes, that is fully interchangeable with conventional natural gas.
  • The Thorold project is on schedule, as CHAR now focuses on Phase 2 of the Project, which will increase CHAR’s biocoal production capacity from 1,000 tonnes to 10,000 tonnes/yr.
  • Phase 3 will complete the project with the commencement of production of 500,000 GJ/yr of RNG, enough to heat 5,500 homes.
  • “With Phase 1 complete, we can focus on scaling up the facility to reach its full potential as Canada’s largest woody biomass to RNG and biocoal facility.”
    “We’re ambitious with what we do,” said BMI Group Managing Partner, Paul Veldman.

CHAR Technologies Attends Davos Discussions on Climate Change and Green Energy Transition

Retrieved on: 
Lunedì, Gennaio 16, 2023

TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce that CEO, Andrew White, and Board Member, Hugh Cleland, have been invited to attend climate change and green energy transition events concurrent with the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, January 16th to 20th, 2023.

Key Points: 
  • TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSX Venture Exchange: YES) is pleased to announce that CEO, Andrew White, and Board Member, Hugh Cleland, have been invited to attend climate change and green energy transition events concurrent with the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, January 16th to 20th, 2023.
  • “Davos presents a great opportunity to share CHAR’s Canadian decarbonization technology on a global scale,” said CHAR CEO, Andrew White.
  • “I’m really proud of what we’ve accomplished in the Canadian renewable natural gas and biocoal space,” says CHAR Board Member, Hugh Cleland.
  • “Of particular interest to me, is educating the international community that we are also a proven green hydrogen ready technology.