お知らせ • Jul 09
Syntholene Energy Corp Produces First 500 Kilograms Of Hydrogen At Husavik Demonstration Facility Syntholene Energy Corp. has successfully produced its first 500 kilograms of 'green' electrolytic hydrogen at its geothermally-integrated Solid Oxide Electrolyzer Cell demonstration facility in Húsavík, Iceland. Initial analytical testing at the Demonstration Facility indicates hydrogen purity above 99.9%, consistent with anticipated system performance. Based on preliminary operational data collected at the Demonstration Facility to date, the Company believes stack and overall system electrical performance are tracking in line with the equipment manufacturer's factory specifications, including stack electrical consumption of approximately 33.5 kWh/kg H2 and overall system electrical consumption of approximately 37.8-40.0 kWh/kg H2. These preliminary observations and estimates remain subject to continued operational testing and independent third-party validation. Green electrolytic hydrogen refers to hydrogen produced through the electrolysis of water using renewable or other non-fossil electricity, with minimal direct greenhouse gas emissions associated with the production process. This production milestone marks the successful commencement of integrated operations following completion of construction and commissioning of the Company's Demonstration Facility. Initial operating results indicate that major process systems are performing in line with design expectations, including successful thermal integration between the geothermal heat source and the SOEC hydrogen production system. The Company has commenced continuous operational testing of the Demonstration Facility, including evaluation of stack performance, system efficiency, thermal integration, reliability, and operating economics under sustained operating conditions. Data generated during the testing campaign is expected to support future engineering optimization, commercial project development, financing initiatives, and strategic partnerships. Syntholene continues to target publication of independently validated performance data from a full effects test campaign in Fourth Quarter 2026. The Demonstration Facility has been designed to evaluate the integration of geothermal heat with high-temperature electrolysis as a pathway toward low cost hydrogen production for synthetic fuel manufacturing. お知らせ • Jun 17
Syntholene Energy Corp. Appoints Marc Mageau to Advisory Board Syntholene Energy Corp. announced the appointment of Marc Mageau to the Company's Advisory Board. Mr. Mageau brings more than three decades of Oil and Gas leadership experience spanning refining, oil sands operations, supply chain logistics, and large- scale industrial asset management. Throughout his career, he has held Executive and Senior Executive positions at Shell and Suncor, where he developed a reputation for operational discipline, industrial execution, and the management of complex energy infrastructure. At Suncor, Mr. Mageau served in several senior leadership roles, including Senior Vice President of Oil Sands Operations, Senior Vice President of Supply Chain and Field Logistics, Vice President of the Sarnia Refinery, and Senior Vice President of Refining & Logistics. His responsibilities included oversight of large-scale oil sands mining and upgrading operations, refinery systems, integrated logistics networks, and fuel manufacturing infrastructure across North America. Prior to Suncor, Mr. Mageau spent two decades at Shell in a range of operational, technical, commercial, and leadership positions. His combined experience across both organizations provided him with extensive expertise in refining systems, maintenance optimization, turnaround execution, industrial supply chain management, and complex energy infrastructure deployment. Mr. Mageau is particularly recognized for his experience successfully managing industrial organizations involving thousands of employees, contractors, and interconnected operational systems. During his tenure at Suncor, he oversaw major oil sands and downstream infrastructure supporting the production of substantial volumes of synthetic crude oil and refined products across integrated energy operations. His background combines engineering and operational expertise with executive-level strategic planning, organizational restructuring, capital allocation, and industrial project execution across the hydrocarbon value chain. New Risk • May 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$3.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.7m free cash flow). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (CA$52.8m market cap, or US$38.3m). お知らせ • Apr 14
Syntholene Energy Corp., Annual General Meeting, Jun 11, 2026 Syntholene Energy Corp., Annual General Meeting, Jun 11, 2026. お知らせ • Mar 03
Syntholene Energy Corp. announced that it has received CAD 3.75 million in funding On March 2, 2026, the Syntholene Energy Corp closed the transaction. On closing of the Financing, Canaccord was paid a cash commission of CAD 112,032, issued 248,960 non transferable broker warrants, 111,111 corporate finance shares and 111,111 non-transferrable corporate finance warrants. On closing of the Financing, Haywood was paid a cash commission of CAD 7,992 and issued 17,760 non-transferrable broker warrants. John Kutsch, director and officer acquired 1,455,556 Units for CAD 655,000, Grant Tanaka, Chief Financial Officer acquired 111,111 Units for CAD 50,000, and Anna Pagliaro, director acquired 22,222 Units for CAD 10,000 お知らせ • Feb 07
Syntholene Energy Corp. announced that it expects to receive $2 million in funding Syntholene Energy Corp. announced a non-brokered placement of Units of the company at a price per Unit of $0.45 for gross proceeds of $2,000,000 on January 6, 2026. Each each unit comprising one common share of the company and one non-transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at an exercise price of $0.63 for a period of two years from the date of issuance, subject to an acceleration provision in accordance with the terms of the financing. The company expects that insiders of the company may participate in the financing. The extent of insider participation, if any, has not been determined at this time. Any insider participation will be disclosed in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Finders' fees may be payable in connection with the financing, subject to compliance with applicable securities laws and the policies of the TSX-V. All securities issued pursuant to the financing will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws. Completion of the financing remains subject to the receipt of all required regulatory approvals, including approval of the TSX-V. お知らせ • Jan 14
SYNTHOLENE ENERGY CORP Appoints Canon Bryan as Member of Board of Directors SYNTHOLENE ENERGY CORP announced the appointment of Canon Bryan as member of the Syntholene Board of Directors. Mr. Bryan's extensive background in finance, entrepreneurship, and executive management spanning over 30 years positions him as a key contributor to the company's growth and strategic initiatives. Mr. Bryan is an accomplished financial strategist and cofounder of multiple successful ventures, including Terrestrial Energy, NioCorp Developments, and Uranium Energy Corp, the largest Uranium mining company in the USA. Mr. Bryan is not a Director or Officer of any of these companies at this time. Notably, Mr. Bryan's role as former Chief Financial Officer and former Director at Terrestrial Energy was to support over $1.4 billion in equity financing, government grants and loan guarantees, advancing next-generation small modular nuclear reactor technology. He is also a cofounder of Syntholene. Highlights of Canon Bryan's Career: Cofounder of Terrestrial Energy, recently listed on NASDAQ. Cofounder of Uranium Energy Corp, listed on the NYSE-AMEX. Founder of NioCorp, listed on NASDAQ, which is developing the Elk Creek Niobium Project, the largest and highest-grade niobium deposit in North America. Founder of SuperCritical Materials, a private company developing uranium and critical metals extraction from seawater technology. Appointed to the United Nations Global Compact Board of Directors, where he provides financial expertise to advance global energy development and policy goals. In addition to his corporate achievements, Mr. Bryan has served on multiple boards, including the Texas Nuclear Alliance, the Canadian Hydrogen Association, and others. His advocacy for advanced energy and innovative technologies aligns closely with Syntholene's mission to deliver carbon-negative fuels at gigawatt scale. As a Director, Mr. Bryan will support corporate strategy, stakeholder engagement, recruitment, and project management. His expertise in navigating complex regulatory landscapes and fostering strategic partnerships will make him an impact player in Syntholene's ambitious path forward. Mr. Bryan was appointed to the Board on closing of the recently completed reverse takeover transaction. お知らせ • Dec 18
Syntholene Energy Corp. Appoints Steve Oldham to Its Board of Directors Syntholene Energy Corp. announced the appointment of Steve Oldham, a globally recognized pioneer of carbon management and climate-tech commercialization, to its Board of Directors. Mr. Oldham brings more than 30 years of executive leadership across aerospace, carbon removal, and advanced cleantech project deployment. He is best known as the former CEO of Carbon Engineering, one of the world's most influential direct air capture companies, CEO of Captura Corp, a leading ocean-based carbon removal company, and an executive at MacDonald, Dettwiler and Associates (MDA), where he played a crucial role in growing Canada's flagship aerospace and robotics programs. Mr. Oldham's track record spans scaling hardware-intensive climate technologies from lab stage to global prominence, securing major commercial partnerships, and navigating complex multi-stakeholder environments across industry and government. As a Board member, Mr. Oldham will support Syntholene's strategic development, technology roadmap, regulatory engagement, and the maturation of project-level partnerships as the company advances toward commercial-scale deployment. Mr. Oldham was appointed to the Board on closing of the recently completed reverse takeover transaction. Board Change • Dec 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Anna Pagliaro was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.