Thank you very much for the quick response!
Perhaps becuase we are still on Community Builder 2.11.0, unfortunately, the Substitution [CONFIRM_URL] does not perform any substitution. Using HTML of:
<p><a href="[CONFIRM_URL]">[CONFIRM]</a></p> produces the email HTML shown below (with a line before and after)
<p>Thank you for applying to become a member of the Fudge Community
 website. We have received your request and we will process it as soon
 as you confirm your email address by clicking on the following
 hyperlink:</p>
<br>
<p><a href="[confirm_url]" moz-do-not-send="true"><br>
 Â
fudgerpg.com/cb-profile/confirm.html
?
  confirmcode=rega453f588fa6686508dddbb24938667f901899b52<br>
 </a></p>
<br>
<p>Once your email address is confirmed our moderators will be notified
 to continue the activation process. You will be notified by email of
 the progress of your registration process.</p>
<p><a href="[CONFIRM_URL]">[CONFIRM_URL]</a></p> which would be ideal, produces a link labeled [CONFIRM_URL]
I fear the issue may be that we're on CB 2.11.0 and the [confirm_url] is not present in that version.
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