19:08:36 EDT Wed 17 Jun 2026
Enter Symbol
or Name
USA
CA



Hypercharge Networks Corp
Symbol HC
Shares Issued 138,565,416
Close 2026-06-17 C$ 0.08
Market Cap C$ 11,085,233
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Hypercharge receives $1.74M from carbon credit sales

2026-06-17 17:18 ET - News Release

Mr. David Bibby reports

HYPERCHARGE RECEIVES $1.74 MILLION IN CASH PROCEEDS THROUGH CANADA'S CLEAN FUEL REGULATIONS

Hypercharge Networks Corp. has received $1.74-million in cash proceeds from the sale of carbon credits generated through Canada's Clean Fuel Regulations (CFR) for eligible charging activity during the 2025 calendar year.

This amount represents an increase of over 600 per cent compared with the $236,058 in CFR proceeds for the 2024 calendar year and is enabled by Hypercharge's significant network expansion, which includes more than 8,400 networked charging ports. The CFR proceeds reported excludes the 2,700 charging ports recently acquired in May, 2026, through the acquisition of Eddie from AXSO.

In accordance with applicable CFR requirements, cash proceeds received from the sale of these carbon credits are to be reinvested in eligible EV (electric vehicle) infrastructure or programs that reduce the cost of electric vehicle ownership. Hypercharge intends to deploy these funds to further build out its charging network and continue to offer customer incentives that help reduce deployment costs and expand access to EV charging infrastructure across Canada.

"Our 2025 CFR growth is a strong reflection of how rapidly network utilization has expanded," said David Bibby, president and chief executive officer of Hypercharge. "Increased charging activity creates growth funding that will be reinvested to continue to scale our business. We see this program as an important lever to increase recurring revenue and long-term network expansion as more sites come on-line and utilization grows. We expect this funding to continue to increase as we bring more ports onto our network through new partnerships and M&A, as seen with the recent acquisition of 2,700 ports in Quebec with our Eddie acquisition as announced in May."

About Hypercharge Networks Corp.

Hypercharge Networks is a leading provider of smart electric vehicle (EV) charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift toward a carbon-neutral economy, Hypercharge is committed to offering seamless, simple solutions including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations.

We seek Safe Harbor.

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