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Sweejaa
May 9, 2026

CHAR Technologies (YES.V) - My DD and next milestones to come

Ive been posting about CHAR Technologies since 6 months ago, I started accumulating in October and havent stopped since.

Since October 2025, here are some major de risking milestones:

- Govt of Ontario funding for $2.25 million

- BMI commitment of $10 million towards Espanola facility

- Licensing of tech to GazoTech in France

- Listing on the Frankfurt Stock exchange and getting international investors on board

- Thorold Phase 1 entered commissioning in Q1 2026

- Acquisition of Elkems biocarbon facility and signing a 62,500 tonne contract (worth $62.5 million) amongst a few others

Milestones to come:

- Thorold phase 1 production starts

- PFAS study results

- Thorold Phase 2 starting

- Lake Nipigon Construction start

- St Felicien facility construction start

- Production at Elkem biocarbon facility start

- Espanola site development and construction start

Link to my original DD post: https://www.reddit.com/r/Baystreetbets/s/9O1RyvD50M

Keeping it high level but many more milestones to come, CHAR is only just getting started!!

Where the share price will go?
The new sites once completed will mean multi facility company and theres absolutely no reason for char to be priced at 40million market cap. Short term I'm not sure it's hard to say, but long term, I'm expecting $3 to $4 by the time most of their facilities are up and running sometime in 2029.

Let me know if any questions!

NFA.

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