FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the
“Company” or “FuelPositive”) is paving the way for sustainable
agricultural and energy solutions as part of the select Canadian
Delegation, at the Rebuild Ukraine Conference in Warsaw, Poland,
from November 13th to 16th 2023.
This conference signifies an essential worldwide effort to
support the people of Ukraine in rebuilding their nation.
Ukrainians have long played a vital role in feeding the world's
growing population.
FuelPositive’s vision and commitment to global food security
uniquely positions the Company to assist Ukrainian farmers in
rebuilding their agricultural infrastructure.
FuelPositive's ground-breaking technology offers a game-changing
solution. By decarbonizing and decentralizing ammonia production,
FuelPositive can accelerate the creation of a more resilient and
independent agricultural infrastructure. FuelPositive’s model of
decentralized Green Ammonia production can offer more reliable cost
and supply and provide Ukrainian farmers with the unique advantage
of de-risking their operations.
Our innovative system enables farmers to produce Green Ammonia
(NH3) onsite, eliminating the need for traditional, centralized,
carbon-intensive sources of ammonia. By significantly reducing
greenhouse gas emissions, our technology not only benefits the
environment but also ensures a sustainable source of nitrogen
fertilizer for the future.
Additionally, future FuelPositive advancements will allow
farmers to use Green Ammonia as fuel for their equipment, further
reducing their carbon footprint.
FuelPositive's Green Ammonia system comprises a nitrogen
generator, a Green Hydrogen electrolyzer, and a patent-pending
Green Ammonia synthesis converter. This advanced technology can
operate using sustainable sources of electricity such as wind,
solar, geothermal, or hydro, ensuring an environmentally friendly
production process.
Ian Clifford, Board Chair and CEO of FuelPositive Corporation
stated: "This Saturday, November 11th, is Remembrance Day in
Canada, and the FuelPositive team would like to acknowledge
everyone around the world affected by the devastation of war and
offer solidarity toward peace and rebuilding efforts. FuelPositive
would also like to extend its gratitude to the Government of Canada
for including us in its ongoing support and investment in clean
technology research, development, and adoption. Our Company is
committed to supporting sustainable and independent agricultural
practices worldwide. We look forward to collaborating with
stakeholders and exploring partnerships in a peaceful Ukraine,
driving positive change and helping Ukrainian farmers reassert
their full potential as agricultural leaders."
For further information, please contact:
Ian CliffordChief Executive Officer and Board
ChairIan@fuelpositive.comTel: 416.535.8395www.fuelpositive.com
Investor Relations United States & International:
RB Milestone Group (RBMG) fuelpositive@rbmilestone.com
Investor Relations Canada:Transcend Capital
Inc.et@transcendcapitalinc.com
About FuelPositive
FuelPositive is a Canadian technology company committed to
providing commercially viable and sustainable, “cradle to cradle”
clean technology solutions, including an on-farm/onsite,
containerized Green Ammonia (NH3) production system that eliminates
carbon emissions from the production of Green Ammonia.
By focusing on technologies that are clean, sustainable,
economically advantageous and realizable, the Company aims to help
mitigate climate change, addressing unsustainable agricultural
practices through innovative technology and practical solutions
that can be implemented now. The FuelPositive on-farm/onsite,
containerized Green Ammonia production system is designed to
produce pure, anhydrous ammonia for multiple applications,
including fertilizer for farming, fuel for grain drying and
internal combustion engines, a practical alternative for fuel cells
and a solution for grid storage. Green Ammonia is also considered a
key enabler of the hydrogen economy.
FuelPositive systems are designed to provide for Green Ammonia
production on-farm/onsite, where and when needed. This eliminates
wildly fluctuating supply chains and offers end-users clean
fertilizer, energy and Green Ammonia supply security while
eliminating carbon emissions from the production process. The first
customers will be farmers. Farmers use 80% of the traditional grey
ammonia produced today as fertilizer.
See pre-sale details here:
https://fuelpositive.com/pre-sales/.
Cautionary Statement
Trading in the securities of the Company should be considered
highly speculative. No stock exchange, securities commission or
other regulatory authority has approved or disapproved the
information contained herein. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain “forward-looking information”
and “forward-looking statements” (collectively, “forward-looking
statements”) that are based on expectations, estimates and
projections as of the date of this news release. The information in
this release about future plans and objectives of the Company,
including with respect to further testing and implementation of the
FP300 system, are forward-looking statements.
These forward-looking statements are based on assumptions and
estimates of management of the Company at the time they were made
and involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Forward-looking statements are
necessarily based upon a number of estimates and assumptions that,
while considered reasonable by the Company as of the time of such
statements, are inherently subject to significant business,
economic and competitive uncertainties and contingencies. These
estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or
indirectly affect and could cause, actual results to differ
materially from those expressed or implied in any forward-looking
statements. There can be no assurance that forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements.
Forward-looking information is provided for the purpose of
providing information about management’s expectations and plans
relating to the future. The Company disclaims any intention or
obligation to update or revise any forward-looking information or
to explain any material difference between subsequent actual events
and such forward-looking information, except to the extent required
by applicable law.
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