TORONTO, Dec. 24, 2025 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. ("CHAR Tech" or the "Company") (TSXV:YES), a leader in sustainable energy solutions, is pleased to provide an update on the Company's Thorold Renewable Energy Facility in Thorold, Ontario (the "Thorold Facility").
Over the past two weeks, the Thorold Facility has taken delivery of several key equipment packages, including the kiln's thermal management (heating) system, biochar cooling conveyors and cooling system, dust collection system, and a specialty air-lock conveyor. Installation and integration activities are now underway for this equipment.
"The delivery of these systems continues to support the ongoing construction at Thorold as we move towards commercial Phase 1, biocarbon, production," said Andrew White, CEO of CHAR Tech.
In parallel with construction activities, the Company continues to advance its investor outreach and market awareness initiatives.
Effective December 24th, Apaton Finance GmbH has been engaged by the Company to support market awareness through multi-platform content, video production and newsletter distribution in English and German via news portals, search engines and AI-supported platforms, primarily targeting Germany, increasing the accessibility of the Company's information for interested investors. Apaton will receive EUR 46,000 for an initial 10-week engagement. Apaton is an arm's length party and holds no securities in the Company, though it may acquire securities in the future. No stock options, performance factors, or additional compensation are included.
About CHAR Tech
CHAR Tech (TSXV:YES) first-in-kind high temperature pyrolysis (HTP) technology processes unmerchantable wood and organic wastes to simultaneously generate two renewable energy revenue streams, renewable natural gas (RNG) or green hydrogen and a solid biocarbon that is a carbon neutral drop-in replacement for metallurgical steel making coal.
CHAR's HTP is an ideal waste to energy solution that aligns with the global green energy transition by diverting waste from landfills and generating sustainable clean energy to decarbonize heavy industry.
For further information, please contact:
| Andrew White Chief Executive Officer CHAR Technologies Ltd. E: andrew.white@chartechnologies.com T: 866 521-3654 | Galen Cranston Director of Stakeholder Relations CHAR Technologies Ltd. E: gcranston@chartechnologies.com T: 647-546-5633 | |||
Website: www.chartechnologies.com
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Forward-Looking Statements
Statements contained in this press release contain "forward-looking information" within the meaning of Canadian securities laws ("forward-looking statements") about CHAR and its business and operations. The words "may", "would", "will", "intend", "anticipate", "expect" and similar expressions as they relate to CHAR, are intended to identify forward-looking information. Forward-looking statements include, but are not limited to, statements relating to expectations regarding the offtake agreement, future plans, operations and activities, expectations regarding the scale up of production, the anticipated development of additional project sites on an expedited basis, and other statements that are not historical facts. Such statements reflect CHAR's current views and ?intentions with respect to future events, and current information available to CHAR, and are subject to ?certain risks, uncertainties and assumptions, including, among others, those risk factors discussed or referred to in CHAR's disclosure documents filed with the securities regulatory authorities in certain provinces of Canada, including the Management Discussion & Analysis dated January 28th, 2025 for the year ended September 30th, 2025, and available under CHAR's profile on www.sedar.com. Any such forward-looking information is expressly qualified in its ?entirety by this cautionary statement. Moreover, CHAR does not assume responsibility for the accuracy or ?completeness of such forward-looking information. The forward-looking information included in this press release ?is made as of the date of this press release and CHAR undertakes no obligation to publicly update or revise ?any forward-looking information, other than as required by applicable law.
