Hypercharge Networks Corp. Reports $1.74 Million in Carbon‑Credit Proceeds and Equity Grant Issuance
Hypercharge Networks Corp. (TSXV: HC; OTC: HCNWF; FSE: PB7) announced that it received $1.74 million in cash proceeds from the sale of carbon credits generated under Canada’s Clean Fuel Regulations (CFR) for eligible charging activity during the 2025 calendar year. The proceeds represent an increase of over 600 % compared with the $236,058 in CFR proceeds received in 2024.
The increase is attributed to Hypercharge’s significant network expansion, which now includes more than 8,400 networked charging ports. The reported proceeds exclude the 2,700 charging ports acquired in May 2026 through the acquisition of Eddie from AXSO.
In accordance with CFR requirements, the cash proceeds will be reinvested in eligible EV infrastructure or programs that reduce the cost of electric vehicle ownership. Hypercharge plans to use the funds to further build out its charging network and to continue offering 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 CEO. “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 online 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.”
In addition to the carbon‑credit proceeds, Hypercharge announced the issuance of equity grants. The details of the grant program, including the number of shares, vesting schedule, and recipients, were disclosed in a separate communication issued on 17 June 2026.
The company’s financial performance for 2026 continues to be influenced by its expanding charging infrastructure and the regulatory incentives that support the growth of electric‑vehicle adoption in Canada.
