FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the
“Company”) is thrilled to announce the completion of on-farm
commissioning of its first scalable Green Ammonia production
system.
Francisco Mora, FuelPositive's Lead Chemical Engineer,
commented, “We are excited to unveil our technology to the world
and initiate the production of Green Ammonia. We are virtually
ready to activate our system and produce ammonia. Our only
setback during commissioning has been related to two on-the-ground
certifications specific to Manitoba, which are required before
turning the system on fully.”
Ian Clifford, Co-Founder and CEO, explained further, “We are
excited and prepared to activate ammonia production in our first
on-farm system and demonstrate our groundbreaking technology to the
world. Currently, we are awaiting the final go-ahead from the
province before proceeding. Unfortunately, our team was
inaccurately informed of the completion and timeline of two
necessary Manitoba certifications. We have addressed this
issue.
While these approvals are essential to comply with Manitoba's
requirements and to complete the final activation of the system, we
are confident that we are compliant and that obtaining these
certifications is a formality. We will continue to advise on this
progress.”
Luna Clifford, Co-Founder and CIO, added:
“Fortunately, our team's skill, resourcefulness, and strong
connections and advisors in Manitoba have allowed us to address the
situation promptly. We have been supported by skilled and reputable
Manitoba-based companies that have helped facilitate the company's
transition to the province.
Leading mechanical and electrical contractors Wescan and
Tri-Star Automation, the engineering firm QPS Evaluation Services
Inc., and site safety specialist Quint Services have been pivotal
in this process.
These local alliances have facilitated the on-farm commissioning
of our first system and have guided us through the final regulatory
hurdles, helping minimize delays.
Their invaluable support has helped FuelPositive navigate and
adapt to Manitoba's specific on-the-ground requirements, ensuring a
smooth and efficient integration.”
Jon Treloar, Mechanical Division Manager of Wescan Construction
Services https://wescan-services.com, commented,
“We’re excited about the transformative impact
FuelPositive can have on agriculture in Manitoba and beyond.
FuelPositive has contracted us to help navigate the specific
regulatory landscape of Manitoba.
Our extensive experience in dealing with the Ministry of Labour
requirements ensures that FuelPositive has the necessary guidance
and that their final "on the ground" approvals are underway.
Additionally, Wescan has provided FuelPositive with highly
skilled Manitoba-certified contractors to expedite the approval
process and support commissioning the first FP300 unit. These
contractors offer critical electrical and mechanical support,
helping to accelerate the project timeline.
Manitoba is known for its stringent regulations. However, the
good news is that once FuelPositive’s first system is certified as
"ready" for Manitoba, the certification process for subsequent
systems will be much quicker and largely routine.”
David Thorarinson, Owner and CEO of Tri-Star Automation
https://tristarautomation.ca commented,
“Our team at Tri-Star Automation is leveraging its extensive
expertise to empower FuelPositive by providing essential electrical
contracting, optimizing collaboration with Manitoba Hydro, and
consulting on developing cutting-edge mass production capabilities
in the province.”
Reagan Coppicus, Owner of Quint Services Ltd.
https://quintservices.com, added,
“At Quint Services, we recognize the critical importance of
safety planning for FuelPositive’s first-of-its-kind on-farm Green
Ammonia manufacturing system and related storage. Our thorough
safety and emergency response services ensure that FuelPositive can
produce and store Green Ammonia with complete assurance,
safeguarding farmers in emergencies. With our expert consulting and
dedicated emergency response team, we are committed to helping
FuelPositive create a safer and more sustainable future in
agriculture.”
FuelPositive is also pleased to share that the Company has
received numerous visits from interested farmers, stakeholders, and
new association members eager to see the Company’s system in person
at the Hiebert’s farm in Sperling.
This interest highlights the excitement and potential
FuelPositive’s technology and business model holds for the
agricultural sector, particularly for farmers.
Rick Rutherford, a third-generation owner and farmer at
Rutherford Farms in Grosse Isle, Manitoba,
https://www.rutherfordfarms.ca, commented,
“We have closely followed FuelPositive's groundbreaking projects
in Waterloo, Ontario and Sperling, Manitoba.
Excited by their innovative approach, we've eagerly participated
in the initial tranche of their current financing round and are now
closely monitoring the progress of our investment.
As a near-net-zero-carbon farming operation, one of our most
significant challenges has been reducing the carbon footprint of
our nitrogen fertilizers.
Integrating FuelPositive’s technologies on our 12,000-acre farm
has the potential to propel us into a carbon net-zero
reality.
This milestone would be an incredible achievement for us, and it
would set a transformative precedent for sustainable agriculture in
Canada and worldwide!”
Ian Clifford added, “We’re thrilled by the overwhelmingly
positive response and support we've received from farmers,
government agencies, and stakeholders across Manitoba since our
arrival, resulting in many different site visits throughout
July.
It's incredibly humbling to witness the enthusiasm, interest and
demand for innovative solutions like ours in the agricultural
sector.”
Luna Clifford concludes, “We're eager to produce ammonia
on-site. While we have encountered some regulatory delays and are
waiting to proceed, we continue to grow our network and promote
FuelPositive interests and growth in Manitoba. Our commitment to
delivering impactful solutions to farmers remains unwavering.”
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/sales/.
FuelPositive Corporation is based in Waterloo and Manitoba
(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
Jodee MasonSenior Account DirectorCounsel Public Affairs,
Inc.jmason@counselpa.comTel: 204.898.7183www.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 to provide 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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