FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the
“Company”) is thrilled to announce that, after years of dedicated
effort and meticulous planning, its team has successfully installed
the world's first Farmer-Owned Modular Green Ammonia production
system in Sperling, Manitoba.
"June 11, 2024, marks a historic moment for FuelPositive as all
containers of its first commercial-scale system were placed in
their final positions on the Hieberts' farm," said Luna Clifford,
FuelPositive's Co-Founder and Chief Impact Officer.
FuelPositive’s dedicated and diligent team worked tirelessly to
ensure the installation was installed safely and
efficiently.
The successful placement of the containers was captured through
stunning drone shots and photography, showcasing the impressive
integration of cutting-edge technology on the Hieberts’ vibrant and
dynamic farm landscape.
"The installation site presented a picturesque scene: the rich
black earth contrasted beautifully with the white containers and
wide gravel paths, framed by the vibrant green of wheat fields and
the yellow canola flowers," said Ian Clifford, FuelPositive's
Co-Founder and CEO and Chair of the Board of Directors. "Despite
the windy conditions, the day remained dry, allowing our
hardworking team to progress uninterrupted and our video crew to
document the day."
The installation of the Company's first containerized green
ammonia production system signifies a pivotal step towards a more
sustainable and environmentally friendly future for agriculture in
Canada and around the world.
"Emissions in agriculture are hard to abate; farmers need
accessible tools and solutions to meet the Canadian emission
reduction targets set for them. FuelPositive is here to support
farmers in mitigating greenhouse gas emissions," continued Luna
Clifford.
"With our first system now in place and the massive 90-ton
storage tank arriving today, we are ready to complete commissioning
and move forward to our next phase: the on-farm production of Green
Ammonia," said Nelson Leite, FuelPositive’s Chief Technology
Officer.
"FuelPositive's groundbreaking project, happening right here in
Manitoba, could mean the beginning of a beautiful success story for
the province and Canada," continued Luna Clifford.
FuelPositive is proud to lead the way in decentralized on-farm
Green Ammonia production, significantly enhancing farmers'
resilience and advancing global food security.
As the Company celebrates this achievement, the Company and its
team remain committed to providing farmers with scalable, reliable,
and accessible On-farm Green Ammonia solutions.
"This milestone for the Company marks the beginning of a
transformative journey for the Canadian agricultural industry and
beyond," concluded Ian Clifford. "We are ready to grow."
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 CliffordChief 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.
FuelPositive (TSXV:NHHH)
Historical Stock Chart
From Nov 2024 to Dec 2024
FuelPositive (TSXV:NHHH)
Historical Stock Chart
From Dec 2023 to Dec 2024