FuelPositive Corporation, a leading Green Ammonia Company (TSX.V:
NHHH) (OTCQB: NHHHF) (the "Company" or "FuelPositive") is pleased
to announce that the Factory Acceptance Testing (FAT) was
successfully completed by FuelPositive’s farmer-partner and
advisor, Curtis Hiebert, from Sperling, Manitoba and shipment of
the world’s first FuelPositive FP300 system has commenced.
Curtis Hiebert took time out of his busy spring season schedule
to visit the team at FuelPositive's new small-batch manufacturing
facility in Waterloo, Ontario, to complete the FAT and mandatory
safety training for the first FP300, which will be delivered
on-farm this week. Tracy and Curtis Hiebert were selected as
recipient of the World’s first FuelPositive’s demonstration pilot
for the FuelPositive's on-farm Containerized Green Ammonia
system.
"The Hiebert Factory Acceptance Testing was completed
successfully, and our team is thrilled and incredibly proud of this
collaborative achievement," stated Nelson Leite, FuelPositive's
Chief Technology Officer and Board Member. "The system was
demonstrated at our Waterloo facility installed the way it will be
installed in Manitoba. FuelPositive’s team will be in Sperling,
Manitoba, this week to receive the first FP300 and begin its
commissioning."
"The Factory Acceptance is a huge milestone for us and
FuelPositive. Seeing the system installed and operating makes this
whole project that much more real. We are very much looking forward
to its arrival on the farm in the coming days. It is amazing for us
to be first in the world. We are very proud to be the first farm,"
said Curtis Hiebert. "Thinking ahead and setting a solid future for
our family is the most important thing for us," added Hiebert.
Several farmers, potential customers, and investors attended on
April 10 to meet with FuelPositive's team to learn more about the
Company's current technology and future projects. This provided a
first hand opportunity for farmers to witness the FP300 system in
action and gain insights into its capabilities.
Manitoba-based multi-generational precision agriculture grain
farmers Daniel and Scott Kroeker and Corey Park, General Manager of
Rutherford Farms, which is one of the top seed producers in Canada
and a near "net-zero" farming enterprise joined the event.
"The tour and training were helpful and informative for Scott
and me. We are very excited to have the first system on Curtis'
farm! We're also investors in FuelPositive. It was great to meet
the team that is putting this all together. As farmers, leaving the
land better than we found it and creating a solid legacy for our
kids is a big motivation. FuelPositive understands how important
this is to many farmers," said Daniel Kroeker,
co-owner/operator.
"Having FuelPositive systems on our farms will significantly
reduce our emissions footprint and could quickly push us into a
"net-zero" reality," added Corey Park. "The launch of
FuelPositive's Canadian technology in Manitoba has the potential to
be a game-changer for farmers worldwide."
"This day marks a pivotal moment for the Company, resulting from
months of dedicated teamwork and expertise. The transformative
impact of what unfolds next at the Hiebert’s farm will set a new
standard, revolutionizing farming practices worldwide," concluded
Ian Clifford, Co-Founder, CEO, and Board Chair of FuelPositive.
The first On-Farm FP300 system ships on April 15,
2024:
As a result of the major FAT milestone, FuelPositive has
remained on schedule and has begun shipping the First FP300 system
today. FuelPositive expects it will take up to a week for all the
components to arrive on-farm in Manitoba and will continue to
provide photos and updates as on-farm delivery is completed.
"We're incredibly excited about what today means for our
dedicated company and determined team. We're beyond proud. Our
technology has the potential to make a difference in farmers'
quality of life and for the environment," stated Luna Clifford,
FuelPositive Co-Founder and CIO. "We set out to build a company
mindful of its impact on the world and its people, and we are
succeeding. Our technology aims to empower farmers, by providing
them with easy and affordable access to fertilizer and fuel and
bringing much-needed stability. It is also about raising awareness
amongst Canadians about global food security and the solutions
available today."
About FuelPositive Corporation
FuelPositive is a Canadian technology company dedicated to
delivering commercially feasible and sustainable clean technology
solutions that follow a circular approach, ensuring the entire
lifecycle of our products is environmentally friendly. This
includes an on-farm/onsite, containerized Green Ammonia (NH3)
production system that effectively eliminates carbon emissions
during the production process.
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/.
FuelPositive Corporation is based in Waterloo (Canada) and
trades on the TSX Venture Exchange under the symbol NHHH and in the
USA on the OTCQB under the symbol NHHHF.
For further information, please contact:
Ian CliffordCo-Founder Chief Executive Officer and Board
ChairIan@fuelpositive.comTel: 416.535.8395www.fuelpositive.com
Logan RossSenior Vice President, Communications &
CampaignsCounsel Public Affairs, Inc.lross@counselpa.comTel:
204.720.3662www.counselpa.com
Investor Relations United States & International:RB
Milestone Group (RBMG)fuelpositive@rbmilestone.com
Investor Relations Canada:Transcend Capital Inc.
et@transcendcapitalinc.com
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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